[3] At one time the Agnelli assets represented 4.4% of Italy's GDP. He is the oldest son of Alain Elkann and Margherita Agnelli de Pahlen. Fiat Group, core business of the clan, have majority control and some participation in several Italian organizations: EXOR, the family's holding company, owns over 47% of the shares of the Economist Group. Umberto Agnelli, born 1 November 1934 (Thursday) - Lausanne, Suisse, deceased 28 May 2004 (Friday) - Torino, Italie aged 69 years old, Président de FIAT. "[3][1] eventually filing "a lawsuit against her father’s three longtime advisors: Gabetti, Grande Stevens and Marrone and her own mother, Marella Agnelli, on May 30, 2007. [10] In 2009 as the U.S. automobile industry was collapsing Fiat became a trailblazer by acquiring an initial 20% stake in the then-bankrupt Chrysler company in a deal with the Obama administration. After graduating from the University of Turin with a law degree in 1959, Agnelli joined the family’s automotive enterprise, Fiat. 2011) Anna Agnelli (b. In the 1970s Gianni and Umberto Agnelli hired Cesare Romiti, known as Il Duro or the tough guy. He was also chairman and later honorary chairman[citation needed] of Juventus, the football team long-associated with FIAT and the Agnelli family, and was for a time the president of the Italian Football Association. [39][45], Italian industrial family founded by Giovanni Agnelli (1866-1945), harv error: no target: CITEREFHazardGould2005 (, harv error: no target: CITEREFBromberger1995 (, Princess Georgina de Faucigny-Lucinge et Coligny, "Margherita Agnelli Loses Family Inheritance Lawsuit", "Agnelli dynasty takes back Juventus role", "Troubled Dynasty: The Woman Who Wanted the Secrets", "Pietro Sermonti: "Non sono l'unico ad aver perso il padre, ma il solo ad aver perso Vittorio Sermonti, "Alumni — Steering a Steady Course for Argentina's Future", "Giovanni Agnelli: Charismatic Italian industrialist with 'extraordinary power, "Italy Convicts Fiat Chairman; Bars Him from Corporate Posts", "Maserati Boom Signals Fiat 'Arrivederci' to Italian Past", "Fiat and the Agnelli family: Near-death experience: The rise and fall and rise of Italy's premier car manufacturer", "The tough cop takes the wheel; profile; Cesare Romiti", "Successor at Automaker is 72 and a Target of Prosecutors", "Embattled Fiat Chief to Resign in June and Be Succeeded by the No. Margherita Agnelli de Pahlen (1955–present) the "only daughter and sole surviving child" of Gianni Agnelli, received an estimated inheritance of $2 billion when her father, Gianni Agnelli died. ... Andrea; and a daughter, Anna… [21] "Mr. Romiti and Mr. Mattioli had approved a series of slush funds from 1980 through 1992 to provide for Fiat's illegal political contributions and had falsified accounts to hide the payments. Gianni Agnelli (1921–2003) was the oldest son of the industrialist and principal family shareholder of the Italian car company Fiat, Edoardo Agnelli. The Agnelli family is also known for managing and being majority owners of the Italian Serie A football club Juventus F.C. Gianni e Umberto Agnelli, 1965 - san dl SAN IMG-00001296.jpg 429 × 583; 121 KB Iotti Umberto e Gianni Agnelli.jpg 546 × 393; 36 KB Umberto Agnelli and Antonella Piaggio 1960 Olympics.jpg 772 × 794; 164 KB [23]:26 When Gianni died in 2003, Umberto asked the octogenarian to return as CEO of Ifil. Huge collection, amazing choice, 100+ million high quality, affordable RF and RM images. "[23]:18, By the time of Gianni Agnelli's death in 2003, the "Agnelli family controlled Fiat through a chain of three separate holding companies. The family has sometimes been described in the English-speaking world as "the Kennedys of Italy" for their role in the country's contemporary history and their activity of patronage in modern art and in sports. Join Facebook to connect with Roberto Agnelli and others you may know. Even though Gianni Agnelli was not implicated by the magistrates, some believed that he had lacked judgement in not denouncing Italy's endemic corruption and in downplaying Fiat's responsibilities. By 1956 he had become the "richest businessman in modern Italian history. Agnelli's daughter Susanna Agnelli is the first woman to have been Minister of Foreign Affairs in Italy. Andrea later followed in his father's footsteps by becoming chairman of Juventus, in 2010. "[10][11][12][13][14] Romiti led the firm from 28 February 1996 to 22 June 1998. [22], Gianni explained his popularity in Italy by saying that he was "always present." He was the third son of Virginia Agnelli and of Edoardo Agnelli, and the youngest brother of Gianni Agnelli. 1 He married, secondly, Donna Allegra Caracciolo di Castagneto, daughter of Don Adolfo Caracciolo di Castagneto and Donna Anna Visconti di Modrone. [1] She had three children John, Lapo and Ginevra who inherited the largest shares of the Agnelli fortune. "[3] In the 1960s and 1970s Fiat produced millions of modest cars including tiny 500 and 600 hatchbacks. Elkann chairs and controls the automaker Fiat Chrysler Automobiles (which owns the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Mopar and Ram brands).[30]. Fiat had taken out a three-billion-euro loan made in 2002 and was unable to pay it back. Find the perfect umberto agnelli stock photo. "[8], While Fiat was a family-controlled company, Gianni Agnelli alone held the family’s controlling stake for nearly 60 years. [15] Paolo Fresco succeeded him in the aforementioned post. Then there were other events such as closer relations with the Americans, and I was there.... We had difficult moments such as terrorism, and I never pulled back. "[7] "As recently as 2002, Italy accounted for more than a third of Fiat’s revenue, and the company built more than 1 million vehicles at six plants in the country. [8] A year after Romiti took over as chairman of Fiat, he was convicted of "having falsified company accounts, committing tax fraud and making illegal payments to political parties. His grandmother, Marella Agnelli (1927–) gave her shares to him to secure his control of the family empire. In 1997 Gianni publicly announced that his grandson, John Elkann, who was then 21, would succeed him as the head of the family empire. Early life. His father Edoardo Agnelli perished in an air crash when he was one year old, and his mother Virginia died in a car accident ten years later when he was just 11 years old. He was the third son of Virginia Agnelli (born Donna Virginia Bourbon del Monte) and of Edoardo Agnelli, and the youngest brother of Gianni Agnelli. Though he was a senior executive in the family company, Fiat, he was sidelined from taking a leadership role by his brother Gianni until the latter's death in 2003. [38] That society between the club and the Torinese industrial dynasty is the oldest and most uninterrupted in Italian sports, making it one of the first professional sporting clubs in the country. According to the Independent Fiat survived the early first years of the twentieth century thanks to "generous government subsidies paid by Italian taxpayers. Agnelli wanted to represent a constituency near his hometown of Turin, yet he was forced to accept one in Rome. In 2009 he was prosecuted for market manipulation in the equity swap of Ifi-Ifil (now Exor), Agnelli's holding company and Fiat's financial company. Virginia was born on May 24 1899, in Roma, Italia. John Elkann was chosen as heir to the Agnelli business dynasty in 1997 and took the reins when his grandfather died in 2003. Giovanni Alberto Agnelli (1964-97) Andrea Agnelli (b. He was a senator of the Italian Republic, from 1976 to 1979. His son Andrea is the current chairman of Juventus. He had seven children, Clara (1920–2016), Gianni (1921–2003), Susanna (1922–2009), Maria Sole Agnelli (1925–), Cristiana (1927–), Giorgio Agnelli (1929–1965) and Umberto (1934–2004). In 2013 he was considered to be the world's fourth most influential manager under the age of 40 by Fortune magazine. [2] Most members of the family are stakeholders in privately owned Giovanni Agnelli B.V., incorporated in the Netherlands for tax purposes, which in turn has a controlling stake in the publicly listed holding company Exor. John Elkann (1976–) is the chairman and CEO of Exor, an investment company controlled by the Agnelli family, which controls Fiat Chrysler Automobiles (FCA), CNH Industrial, Ferrari, Juventus F.C., Cushman & Wakefield and the Economist Group. Gianni Umberto Agnelli. He was chairman of Fiat Auto 1980–90 and a member of International Advisory Board 1993–2004. [7] He was the head of Fiat from 1966 to 2003 and made the company into the most important company in Italy and one of the major car builders of Europe. Anna had 12 siblings: G.Battista Lorenzo Agnelli , Giacinto Giuseppe Agnelli and 10 other siblings . chairman and senator of the Italian Republic Umberto Agnelli, CEO of Fiat from 1970 to 1976, and Donna Allegra Caracciolo di Castagneto, first cousin of Marella Agnelli, born Donna Marella Caracciolo di Castagneto and daughter of Filippo Caracciolo, 8th Prince di Castagneto, 3rd Duke di Melito, and a hereditary Patrician of Naples (1903–1965). CEO Sergio Marchionne returned the company to profit in 2005. Gianni was a Fiat CEO. 2 likes. At the prestigious 2008 photography exhibition in Rome entitled Gianni Agnelli: An Extraordinary Life, the Agnelli family and the Italian government honoured L’Avvocato. [43][44], Juventus' majority owners since the club's conversion to a public limited company in 1967, since 2011 it is presided by Andrea Agnelli, grandson of Edoardo Agnelli, the first member of the family in front of the maximum club's dirigencial charge and considered the ideologue of the Juventus Style. Born: 1-Nov-1934 Birthplace: Lausanne, Switzerland Died: 27-May-2004 Location of death: Turin, Italy Cause of death: Cancer - Lymphoma Remains: Buried, Cimitero d. Father: Eduardo Agnelli (Chairman of Fiat, b. Not much is known about Andrea Agnelli’s mother. They had two children, a son named Andrea born in 1975, and a daughter Anna born in 1977. Umberto Agnelli was an Italian industrialist and politician. Umberto's wife, Allegra, as well as his children Andrea and Anna, were with Umberto when he died in their home just outside Turin, the Apcom news agency said. His political experience was shadowed by a scandal in which the Agnelli Foundation donated funds to the right-win… ... Allegra, his son, Andrea, and daughter, Anna. The share of the Nasi, represented by Alessandro, instead reaches 8.79%. He "died at the age of 81, after a prolonged battle with prostate cancer". Andrea Agnelli Married toEmma Winter Even the heirs of Umberto Agnelli, represented by his son Andrea and his sister Anna, increase their participation rising to 11.85% of GA Bv and thus becoming second shareholders ahead of the Maria Sole branch, which instead fell from 12.56% to 11.63%. In 2015, he was posthumously inducted into the Italian Football Hall of Fame.[2]. He had two children with Allegra, Andrea and Anna. Umberto Agnelli, (born November 1, 1934, Lausanne, Switzerland—died May 27, 2004, Turin, Italy), Italian automotive executive and grandson of Giovanni Agnelli, the founder of Fiat SpA.He served as the company’s chairman from 2003 to 2004. 25 January 1970), Princess Tatiana Desirée von Fürstenberg (b. Its Mirafiori plant in Turin, built 600,000 autos a year. Print Family Tree Parents. This saved Chrysler. Agnelli was born in Lausanne, Switzerland, the youngest of seven children. Edoardo Agnelli (industrialist) Italian industrialist and principal family shareholder of the Italian car company Fiat. [23]:27, Franzo Grande Stevens (1928–), is the lawyer of the family. View the profiles of people named Roberto Agnelli. "There was a war and I, like many others, took part. 1965), This page was last edited on 19 December 2020, at 18:14. The third son, Giovanni Alberto Agnelli, grew up to be the head of the maternal family-firm Piaggio, and was being groomed to succeed at Fiat, but died of cancer at the age of 33 in 1997. Umberto Agnelli (1 November 1934 – 27 May 2004) was an Italian industrialist and politician.He was the third son of Virginia Agnelli(born Donna Virginia Bourbon del Monte) and of Edoardo Agnelli, and the youngest brother of Gianni Agnelli. [8][9] During that time Fiat's production in Italy "peaked in 1970, when it employed well over 100,000 people there and made 1.4 million cars. Umberto Agnelli was chairman and later honorary chairman of Juventus, the football team long-associated with FIAT and the Agnelli family. If they were unable to find a solution, Fiat would belong to its creditor banks. Umberto Agnelli (businessman, politician) Born: 1934-11-01 Lausanne, Switzerland: Died: 2004-05-27 (Age 69) Piedmont, Italy: Nationality: Italian: Parents • Edoardo Agnelli • Virginia Bourbon del Monte: Children • Giovanni Alberto Agnelli • Andrea Agnelli • Anna Agnelli… Umberto and Allegra had two children: Andrea (born 1975) and Anna (born 1977). They signed contracts with Merrill Lynch which allowed Ifil "to retain its 30 per cent of Fiat in spite of banks in the same period converting billions of euros of debt owed to them by Fiat into equity in the company. Umberto Agnelli was born on November 1 1934 in Lausanne, Switzerland. Fiat chief Umberto Agnelli dead May 28, 2004 11:43 IST. The Agnelli family (Italian pronunciation: [aɲˈɲɛlli]) is an Italian multi-industry business dynasty founded by Giovanni Agnelli, one of the original founders of Fiat motor company which became Italy's largest manufacturer,[1] Fabbrica Italiana Automobili Torino (Fiat). Umberto Agnelli. Umberto Agnelli was born on 1 November 1934. They are also primarily known for other activities in the automotive industry by investing in Ferrari (1969), Lancia (1969), Alfa Romeo (1986) and Chrysler, the latter acquired by Fiat after it filed for bankruptcy in 2009. L'Avvocato's death was associated with the closing of a chapter by "commentators, politicians, and institutional representatives."[20]:193. Edoardo Agnelli (1892–1935), industrialist and principal family shareholder of the Italian car company Fiat, was the son of Giovanni Agnelli (1866–1945), the founder of Fiat. Umberto Agnelli (1 November 1934 – 27 May 2004) was an Italian entrepreneur and politician.His brother was Gianni Agnelli.. [28] When he knew he was dying and Fiat was in financial trouble, Gianni asked Umberto to return as Fiat's CEO. [7], In 1996 when Gianni reached the mandatory retirement age of 75[8] after serving as Fiat chairman for 30 years,[7] Romiti replaced him as chairman. Exor, the business group is expanding further into the global market and Hong Kong is one of the most important hubs of international finance and the main access route to the Asian market.[35]. "[20]:193, Professor Gaspare Nevola of the Università degli Studi di Trento, explained that Italian society celebrated a common sense of belonging and national identity through collective identification at Gianni Agnelli's Funeral. [23]:18 By 2003, when he died, "The GA&C partnership was worth about 1.3 billion euros, and its assets consisted of listed holding companies Istituto Finanziario Industriale (IFI) and Istituto Finanziaria di Partecipazioni (IFIL), through which the family controlled Fiat and IFIL’s stakes in other companies. He served as a CEO of Italian carmaker Fiat from 1970 to 1976 and, on the death of his brother Gianni, was briefly chairman of the FIAT Group, 2003–2004, until his own death, aged 69, the following year. Up until 2000, IFIL’s profits had grown every year for 15 years, and it had paid 82.7 million euros in dividends to IFI, its parent company, in 2000.". They have one daughter: Margherita Agnelli (b. In a lawsuit filed in 2007 and rejected in 2010, Margherita Agnelli asked that the "2004 inheritance agreement signed with her mother be annulled, claiming that it was based on incomplete information.