Umberto Agnelli

Umberto Agnelli, (November 1 1934 - 28 May 2004) was the chairman of Italian carmaker Fiat from early 2003 until his death. Agnelli was born in Lausanne in Switzerland. Agnelli was a senior executive in Fiat which is an Agnelli family company but was sidelined by his brother Gianni Agnelli until his brother died in 2003. He then took over the Fiat group, which also controlled Italian newspapers, 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 $1.5 billion US.

External links

• Forbes Rich List entry
• Yahoo news story on death