Milan ranks among the richest cities in the world, and on closer inspection. Concentrated in the Milanese capital there would be 115,000 millionaires and 17 billionaires , according to the report carried out for the consulting firm Henley & Partners by New World Wealth. That puts Milan in the world’s top10 richest cities along with New York, San Francisco, Tokyo, Singapore and Los Angeles among the top 5.
Staggering assets and known wealthy families in the most diverse sectors, the sectors where billionaires are concentrated are the most diverse, let’s say fashion is going for the most.
The paperons of Lombardy and Milan
Based on official sources such as Finance reports like the one cited earlier and the prestigious Forbes rankings i are names that recur with impressive constancy and maintain firm ties to the territory.
Giorgio Armani
Before he left us, the Maestro was first on the podium with a fortune of 11.8 billion euros now inherited by his family and partner Pantaleo ” Leo” Dell’Orco. A genius who had managed to create a veritable empire that includes brands such as Giorgio Armani Privé, Emporio Armani and Armani Exchange, as well as lines of accessories, perfumes, furniture and luxury hospitality.
Miuccia Prada with husband Patrizio Bertelli
They occupy the top ranks of the great fashion house. She designer he patron and founder of the Luna Rossa Prada Pirelli sailing team, a historic challenger to the America’s Cup.
Their combined wealth is estimated at around 12 billion euros.
Gianpaolo and Felice Rocca
Also worthy of nomination are the brothers Agostino Rocca, founder of Technit, an industry operating in the steel industry. Gianfelice is also president of the Humanitas Clinical Institute.
According to some research, it appears that the Rocca family’s wealth is around 20 billion.
Berlusconi family
How can we not mention the Berlusconi family among the billionaires of Lombardy and Milan. After the death of the Cavaliere, heirs Marina and Piersilvio each got 2.1 billion. While to second-bed children Barbara, Eleonora and Luigi 1.2 billion each.
Garavoglia family
The Garavoglia siblings, Luca and Alessandra are members of the world’s leading Campari producer of alcoholic and non-alcoholic beverages. Their estimated assets are $4.3 billion and $3.7 billion, respectively. Although not residents of Lombardy, we have mentioned them because Campari has Lombard origins.
Remo Ruffini
Originally from Lombardy, Ruffini studied fashion and in time managed to become president and shareholder of Moncler whose registered office is in Milan. His assets around 4 billion.
Caprotti family
Next we turn to the heir of Vittorio Caprotti founder of Esselunga, ahead who does not know this icon. The company upon Vittorio’s death passed to his daughter Marina whose assets are about 1.2 billion. As well as for his wife Giuliana.
Stefano dolce & Domenico Gabbana
The famous fashion designers can count on assets of 2.2 billion euros
Massimo Moratti
LE president of Inter Milan and Saras oil company Massimo Moratti has assets of about 1.9 billion.
Doris family
A considerable sum is also owned by the children of Ennio Doris the founder of Banca Mediolanum. His children Annalisa and Massimo Doris inherited assets of more or less 1.5 billion euros.
The main sectors where billionaires are concentrated are : fashion/luxury, industry/manufacturing, energy, large retailers, and banking/finance. The common side of these people is the strong ties they have with Milan and Lombardy.
Not all of these billionaires live in Milan Milan, the Garavoglia brothers live one in Monaco the other in Switzerland, Armani had a private residence in the city, Ruffini lives in Como his hometown but runs the company in Milan, Prada and D&G live there but also have properties abroad. The Rocca brothers live in Milan but in more suburban neighborhoods. In conclusion, it is difficult for billionaires to live in the city center as one would think, they are used to choosing neighborhoods that are a bit more “out there”: Citylife, San Siro or villas in the suburbs or in other cities in Lombardy.