Piero Lardi Ferrari (born 22 May 1945) is an Italian billionaire businessman and sport personality. He is the second and only living son of Enzo Ferrari, and a 10.23% owner of the Ferrari automotive company, of which he is the vice chairman. He owns 13.2% of the Ferretti Group. As of August 2022, his net worth was estimated at US$4.6 billion.
In 1998, Ferrari teamed up with José Di Mase and purchased Piaggio Aero Engineering with the idea of bringing Piaggio back to its roots as a designer and producer of business aircraft. Ferrari was nominated president. He resigned in 2015 when he sold the final 1.95% of his shares to Mubadala Development Company. The connection proved fruitful as Ferrari was then able to persuade Mubadala to become a title sponsor of the Ferrari Formula One Team the following year. Ferrari is also the chairman of HPE COXA, a company he founded in 1998 with the aim of providing high end engineering services in the mechanical field. In 2009 HPE acquired COXA, a manufacturing firm founded in 1985 and specialized in the high precision manufacturing of niche volumes and prototypes.
Following Ferrari's IPO on 21 October 2015, his 10% stake was valued at US$1.1 billion. On 28 April 2016, he entered into the Ferretti Group with 13.2% of shares. In May 2019, he was ranked by Forbes at number 838 in the world's billionaires list with a net worth of $3.1 billion. Also in 2019, he acquired the first mega yacht built by Riva that launched the new superyacht division of the Ferretti Group. In April 2020, he was ranked by Forbes at number 680 in the world's billionaires list with a net worth of $3.4 billion.In December 2020, his stake increased in Ferrari up to 10.23%. In June 2021, he was ranked by Forbes at number 705 in the world's billionaires list with a net worth of $4.7 billion.
