Revealed: Piero Ferrari's Total Wealth - Is the Star a Billionaire? Net Worth 2026: Career Earnings & Assets
Updated: May 05, 2026
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Many fans are curious about Piero Ferrari's financial success in April 2026. In this article, we dive deep into the assets and career highlights.
What Is Piero Ferrari's Net Worth?
Piero Ferrari was born on May 22, 1945, in Castelvetro di Modena, Italy. He is the son of Ferrari company founder Enzo Ferrari and his mistress Lina Lardi. Piero had a half-brother named Alfredo "Dino" Ferrari, who passed away from muscular dystrophy in 1956. While hanging out in a bike repair shop near his mother's house in Modena, Piero became interested in mechanics. He later attended the Fermo Corni Institute, from which he graduated with a degree in mechanical engineering in 1964.
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In the late '60s, Ferrari began working informally for the family company as an English translator. He was subsequently hired as an official technical supervisor in the early '70s, which entailed describing, listing, and archiving defective car parts. Among his many early tasks at the company was to act as a liaison between the road car and racing divisions. In the process, Piero gained significant knowledge and experience of the factory's operational workings.
Enzo Ferrari sold 50% of his company to Fiat in 1969 for $11 million. That's the same as around $120 million in today's dollars. Upon Enzo's death in 1988, Fiat exercised its right to buy an additional 40% for $13.6 million. That's the same as around $36 million in today's dollars. Enzo's estate, and his remaining 10% stake in Ferrari, were fully inherited by Piero. At that point, Piero had only officially been acknowledged as Enzo's son for a decade. Piero has never sold a share of his father's company.
Piero Ferrari is an Italian businessman who has a net worth of $9 billion. Piero Ferrari is the second and only living child born to automotive entrepreneurEnzo Ferrari. Piero is a 10% owner of the Ferrari automotive company and also serves as the company's Vice Chairman. Additionally, he owns a little over 4% of the multinational shipbuilding company Ferretti Group. Piero is the son of Enzo's mistress Lina Lardi. Piero could not be acknowledged as a Ferrari family member until his father's wife, Laura Ferrari, passed away in 1978 because divorce was illegal in Italy.
In 1974, Ferrari was moved to the Formula One team as a co-organizer, assisting sporting directors Daniele Audetto and Luca Cordero di Montezemolo. By the mid-1980s, he was the supervisor of the production of road cars. In this role, Piero helped develop concepts for the low-volume Ferrari F40 and F50, as well as LaFerrari.
Ferrari went public in October 2015. As a result of the public offering, Piero officially became a billionaire on paper. Ferrari's stock price more than quadrupled between 2015 and November 2021, at which point Piero's net worth topped $5 billion for the first time. In mid-2024, Piero's $9 billion net worth made him one of the 300 richest people in the world.
In 1988, Enzo passed away, leaving Piero Ferrari as the sole heir of the family. He inherited his father's 10% share of the company, plus ownership of the Fiorano Circuit in Fiorano Modenese, Italy. The following year, Ferrari was appointed vice chairman of the company by then-president Vittorio Ghidella. Later, in 2013, whenFernando Alonsowon the Chinese Grand Prix for the team, Stefano Domenicali persuaded Piero to collect the trophy. This became the first time in the history of the Ferrari company that a member of the family stepped onto the podium at a Formula One race.
In summary, the total wealth of Piero Ferrari reflects strategic moves.
Disclaimer: All net worth figures are estimates based on public data.