Wealth
Further information: List of Italian billionairesA quarterly report prepared by the Economist Intelligence Unit on behalf of Barclays Wealth in 2007 estimated that there were 280,000 dollar millionaires in Italy. The richest man in Italy is Michele Ferrero, who, according to Forbes, has a net worth of US$ 9.5 billion. Other billionaires include Giorgio Armani, Miuccia Prada, Ennio Doris, the Benetton family, the Agnelli family and Silvio Berlusconi, to name but a few. In total, Italy has Europe's fifth greatest number of billionaires (12), following Germany, Russia, the UK and Turkey, and surpassing Spain, France, Sweden and Switzerland.
Read more about this topic: Economy Of Italy
Famous quotes containing the word wealth:
“But the golden-rod is one of the fairy, magical flowers; it grows not up to seek human love amid the light of day, but to mark to the discerning what wealth lies hid in the secret caves of earth.”
—Margaret Fuller (1810–1850)
“Experience has shown that the trade of the East is the key to national wealth and influence.”
—Chester A. Arthur (1829–1886)
“That wealth and greatness are often regarded with the respect and admiration which are due only to wisdom and virtue; and that the contempt, of which vice and folly are the only proper objects, is often unjustly bestowed upon poverty and weakness, has been the complaint of moralists in all ages.”
—Adam Smith (1723–1790)