Francesco Gaetano Caltagirone’s profile picture

Francesco Gaetano Caltagirone

Francesco Gaetano Caltagirone’s profile picture
Net worth 2018: $2.57 Billion
Residence: Rome, Italy
Country: Italy
BirthDay: 2 March 1943
Sigh: Aries
Children: 3
BIOGRAPHY

Francesco Gaetano Caltagirone was bornon 2 March 1943 in Rome, Italy, Italy. Francesco Gaetano Caltagirone is #930 in List Billionaires People In The World. Francesco Caltagirone, known as Franco, is the most successful of an extended clan of Caltagirones who originally came from the Sicilian city of Palermo. Caltagirone's grandfather owned a construction company; his father moved to Rome with his family in the early 1900s to expand the family construction and real estate empire. Caltagirone, an engineer by training who got his degree while working for the family business, took it to the next level. He owns more than 50% of industrial holding company Caltagirone SpA, which is publicly traded. Once in control of the Caltagirone Group, he expanded through acquisition, first acquiring a stake in construction firm Vianini dallo Ior in the 1980s. He also acquired a large stake in Cementir, a cement producer now run by his son Francesco Jr., and bought into utilities during the privatization of Acea, Italy's water and electricity distributor. He also built a media group now called Caltagirone Editore, Italy's second largest newspaper publisher, by buying several papers. In 2006, he was knighted "Cavaliere del Lavoro" for his contributions to Italian business.

NET WORTH STATISTIC
2009

$1.4 Billion

2010

$1.5 Billion

2011

$1.5 Billion

2014

$1.5 Billion

2015

$2.1 Billion

2016

$1.6 Billion

2017

$1.9 Billion

2018

$2.57 Billion

TIMELINE
2015

As of 2015, Caltagirone was ranked number #894 on the 2015 Forbes billionaire list and #19 in Italy, with estimated net worth of $2

2012

Until early 2012, when he liquidated his share completely, he was the second largest shareholder and the most important private individual shareholder

2010

A of which he was appointed Vice President in April 2010

2007

In 2007 he was appointed Director of Assicurazioni Generali S

2006

In 2006 he was appointed Knight of the Order of Merit for Labour

2000

Since 2000 all publishing and new media have been clustered in the Caltagirone Editore publishing group – the fifth biggest group in Italy

1996

In 1996 he acquired the Roman newspaper Il Messaggero from the Montedison Group, and the following year two local newspapers from private investors: Il Mattino based in Naples and Il Corriere Adriatico based in Ancona

1943

eˌtaːno kaltadʒiˈroːne]; born 1943) is an Italian businessman

1800

His grandfather constructed the first buildings in Palermo in the last decades of the 1800s

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