Rome

Nutella maker first Italian on Bloomberg billionaires index

Ferrero ranks 27th, Luxottica eyewear baron 37th

Nutella maker first Italian on Bloomberg billionaires index

Rome, May 17 - Michele Ferrero, whose eponymous company makes the much-loved hazelnut and chocolate spread Nutella, became the first Italian to make it into the Bloomberg Billionaires Index this week. The inventor of Nutella and of Kinder chocolates ranks 27th on the index with a total of $23.2 billion of assets, 10 slots above the founder of Luxottica, Leonardo del Vecchio, with his $18.6 billion in assets. No other Italians are in the rankings of the world's richest 100 individuals. The latest release of the Bloomberg Billionaires Index saw Bill Gates, 57, recapture the title of world's richest man from Mexican businessman Carlos Slim.

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