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Ferrari scion, kept away from racing, ends up a billionaire

Piero Ferrari will have a fortune of US$1.3b when the iconic maker of supercars completes an IPO
Tuesday, October 13, 2015 - 05:50

Mr Ferrari's stake is valued at the middle of the range in the Bloomberg analysis. He also received 280 million euros (S$445.1 million) in cash as part of the reorganisation of Ferrari before the listing.


ENZO Ferrari was so determined to protect his young son from the dangers of motor sport, that he ordered his workers not to let the boy sit in team cars so he wouldn't ever dream of becoming a racing driver.

More than five decades later, the Ferrari legacy is about to make

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