Ennio Doris’s profile picture

Ennio Doris

Ennio Doris’s profile picture
Net worth 2018: $2.92 Billion
Industry: Finance
Residence: Tombolo, Italy
Country: Italy
BirthDay: 3 July 1940
Sigh: Leo
Children: 2
Education: Diploma, High School
BIOGRAPHY

Ennio Doris was bornon 3 July 1940 in Tombolo, Italy, Italy. Ennio Doris is #803 in List Billionaires People In The World. Born into poverty, Ennio Doris is one of the leaders of Italy's financial sector. He founded Banca Mediolanum with an investment from fellow billionaire media tycoon and former Italian Prime Minister Silvio Berlusconi in 1982. Doris was born in northeastern Italy. With financial support from his sister, a seamstress, he completed his studies and began selling insurance policies. Hearing Silvio Berlusconi publicly say, "if anyone has an idea and needs an investor, come find me; if it's a good idea, we'll make it happen together," Doris decided to seek him out and pitched Berlusconi his idea: a financial services company that offered a wide variety of products. In 1982, they founded Programma Italia, which promoted the use of financing and credit. Restructured in 1996 into Mediolanum, which they took public that year, the firm, with Doris as CEO, offers life insurance, fund management, real estate loans and other products. In December 2015, Mediolanum merged with its fully-owned banking unit Banca Mediolanum in order to streamline its business; it now trades as the latter. Doris reimbursed his clients for their losses in the aftermath of the Lehman Brothers collapse, a move that cost Mediolanum approximately $220 million and a dividend cut. He is still among Berlusconi's largest business partners. For a long time the charismatic Doris was the public face of the company's advertising campaigns, a role that has been delegated to his son, Massimo, who is chief executive of Banca Mediolanum.

NET WORTH STATISTIC
2009

$1.4 Billion

2010

$1.9 Billion

2011

$1.5 Billion

2012

$1.3 Billion

2013

$1.7 Billion

2014

$2.5 Billion

2015

$2.1 Billion

2016

$2 Billion

2017

$2.2 Billion

2018

$2.92 Billion

TIMELINE
1996

In June 1996 the company was floated on the Italian stock market

1982

In 1982 he started his own company "Programma Italia" and convinced Silvio Berlusconi to invest 250,000 Euro in return for a half share of the company

1971

In 1971 he joined Dival, where he rose to be the head of a 700-person sales force

1969

Doris entered the retail asset management field in 1969 when he became a salesman for Fideuram

1957

Doris is listed as the world's 573rd richest man, with assets of 2

1940

Born in Tombolo, a small village near Padova, Italy on 3 July 1940, Mr

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