Luigi Cremonini’s profile picture

Luigi Cremonini

Luigi Cremonini’s profile picture
Net worth 2018: $1.75 Billion
Residence: Modena, Italy
Country: Italy
BirthDay: 1939
Children: 4
BIOGRAPHY

Luigi Cremonini was bornon 1939 in Modena, Italy, Italy. Luigi Cremonini is #1427 in List Billionaires People In The World. Born to poor farmers in an Italian village near Modena, Luigi Cremonini started a small butcher shop in 1963. Through his Cremonini Group, the meat king now supplies food to places like McDonald's in Italy, Denmark, Greece, Malta, Cyprus and Russia. Its meat production division, one of three subsidiaries, makes more hamburgers than anyone else in Italy and gets half of its revenue from outside of Italy. Another subsidiary, publicly traded Marr, is Italy's largest food-service distributor, and sells food on English Eurostar trains, Belgium's Thalys service and on trains in Turkey and Russia. The Cremonini Group has $3.6 billion in annual revenue.

NET WORTH STATISTIC
2015

$1.2 Billion

2016

$1.4 Billion

2017

$1.3 Billion

2018

$1.75 Billion

TIMELINE
1994

On May 23 1994, the University of Bologna awarded him the honorary degree in Veterinary Medicine

1963

In 1963, Cremonini opened, with his brother Giuseppe a small butcher's shop, the milestone of the pan-European Cremonini Group, with an annual turnover of meat products of $3

1939

Cremonini was born in 1939, into a poor farming family near Modena, Italy

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