Umberto Agnelli
Born	1 November 1934(1934-11-01) Turin, Italy
Died	27 May 2004 (aged 69) Piedmont, Italy
Nationality	Italian
Occupation	Head of Fiat and Juventus
Spouse(s)	donna Antonella Bechi Piaggio (divorced) donna Allegra Caracciolo di Castagneto
Children	Giovanni Alberto Agnelli Andrea Agnelli Anna Agnelli

Umberto Agnelli (1 November 1934 – 27 May 2004) was an Italian entrepreneur and politician. His brother was Gianni Agnelli.

He served as a CEO of Fiat from 1970-1976^[1] and senator of the Italian Republic, from 1976 to 1979, and was the honorary chairman of the Juventus soccer team, the past president of the Italian Football Association and later chairman of Italian carmaker Fiat from early 2003 until his death from lung cancer aged 69.

[edit] Business career

Agnelli was born in Torino in Italy. He was a senior executive in the family company, Fiat, but was sidelined by his brother Gianni until the latter's death in 2003. He then took over the Fiat group, which also controlled several Italian newspapers and publishers, and the Juventus soccer club, of which he had served as chairman. Umberto Agnelli was in the process of restoring Fiat's balance sheet after the company's balance sheet, market share, and share value were all in decline. Despite this, Forbes magazine estimated he was the world's 68th richest man with an approximate net worth of US$1.5 billion.

[edit] Personal life

He first married heiress Donna Antonella Bechi Piaggio in 1959, with whom he had three sons. The first, twin boys, died shortly after birth.

The third son Giovanni Alberto Agnelli was groomed to succeed at Fiat but died of cancer at the age of 33 in 1997. Giovanni was survived by his wife Avery Agnelli née Howe and a daughter Virginia Asia Agnelli.

Umberto and Antonella later divorced, and Umberto married Donna Allegra Caracciolo di Castagneto in 1974, who is the first cousin of his sister in law Marella Caracciolo di Castagneto. They had two children, a son named Andrea born in 1976, and a daughter Anna born in 1977.

[edit] Notes

[edit] External links

• Forbes Rich List entry
• Obituary