What is Alberto Bombassei's Net Worth?
Alberto Bombassei, an esteemed Italian businessman, has amassed a net worth of $1.6 billion. Bombassei earned his status as a billionaire through his role as the chairman and major shareholder of Brembo S.p.A., a globally renowned leader in the production of high-performance automotive disc brake technologies for cars and motorcycles.
Early Life and Career
The foundation of Brembo S.p.A. was laid by Alberto's father in 1961, where Alberto familiarized himself with the company's inner workings from a young age. His dedication and leadership propelled the company into Formula One racing in 1975, providing brakes for Ferrari's elite racing vehicles.
Public Offering and Growth
In the mid-90s, Brembo S.p.A. went public on the Milan stock exchange. Bombassei retained a substantial 54% stake in the company, achieving billionaire status when Brembo's stock price nearly doubled in 2013. Despite the recent stagnation of growth in Italy, Brembo continues to flourish in its primary markets of Germany and the United States, while also expanding swiftly in France and Great Britain.
