The heir that became king: how Luca Garavoglia became one of Italy’s greatest billionaires

The heir that became king: how Luca Garavoglia became one of Italy’s greatest billionaires

Under his direction, the conglomerate grew rapidly and managed to consolidate brands such as Aperol, Skyy Vodka and Wild Turkey. With a fortune that places it among the wealthiest entrepreneurs in their country, the Italian positioned the company internationally.

Who is Luca Garavoglia

Born on February 27, 1969 in Milan, he formed in the Leone XIII Institute from his hometown and later obtained a Economics title at Bocconi University In 1994. That same year, he assumed the Presidency of the Campari Groupa position that has maintained until today.

After the death of his mother, Rosa Anna Magno Garavoglia, in 2016, He took control of allicrossociety that holds the majority of capital and vote rights within the company. Has also integrated the Directors of Indesit and Fiatin addition to performing functions in the FAI Foundation Since 2005 and in the Telethon Foundation since 2011.

The link with the alcoholic beverage industry comes from their family. His father, Domenico Garavoglia, worked for years at the company until the last descendant of the Campari dynasty transferred control.

Luca Garavoglia-1.jpeg

Under the direction of Garavoglia, iconic brands such as Aperol and Wild Turkey achieved unprecedented global growth.

The known drinks made by the Campari group

Thanks to Luca Garavoglia’s leadership, the group managed to consolidate A brand portfolio that have great worldwide recognition. Among them are Skyy Vodka, Wild Turkey, Aperol and Campari herself, which has named the firm.

From its departure to the Milan Stock Exchange in 2001, the company maintained sustained growth, expanding its Presence in different markets and reinforcing its position as a referent in the liquor industry.

In addition to expanding its catalog, the business strategy focused on strengthening the identity of each label and ensuring its relevance in different segments of the global market. This diversification was one of the main keys to maintaining the success of the group.

Campari.jpg

To assume the presidency of the Camari group to expand the brand globally, consolidating its presence in key markets.

To assume the presidency of the Camari group to expand the brand globally, consolidating its presence in key markets.

How much is Luca Garavoglia’s fortune in 2025

On January 31, 2025, Luca Garavoglia’s net worth was estimated at 2.7 billion dollarsplacing it in the 1st position among the wealthiest people in the world. Its richness comes from the participation it has in the Campari Group, where it maintains approximately 27% of the actions.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts