- Umberto Agnelli
Infobox_person
name=Umberto Agnelli
imagesize=
caption =
birth_date=birth date|1934|11|1
birth_place=Turin ,Italy
death_date = death date and age|2004|5|27|1934|11|1
occupation=Head ofFiat andJuventus
nationality = flagicon|Italy Italian
salary=
spouse=
children=Giovanni Alberto Agnelli Andrea Agnelli Umberto Agnelli (
November 1 1934 –27 May 2004 ) was an Italianentrepreneur andpolitician . He served as a CEO ofFiat from 1970-1976Cite web|url=http://news.independent.co.uk/people/obituaries/article38565.ece|title=Umberto Agnelli|accessdate=2007-12-31|work=news.independent.co.uk] andsenator of theItalian Republic , from 1976 to 1979, and was the honorary chairman of theJuventus soccer team, the past president of the Italian Football Association and later chairman of Italian carmakerFiat from early 2003 until his death fromcancer aged 69.Business career
Agnelli was born in
Torino inItaly . 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 theJuventus 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.He and his wife Allegra Caracciolo di Castagneto had two children, of whom two survive. Elder son
Giovanni Alberto Agnelli was groomed to succeed at Fiat but died young of cancer in 1997. Younger sonAndrea Agnelli was named a Fiat director after Umberto Agnelli's death, though Gianni Agnelli's grandsonJohn Elkann , named vice chairman, the next likely family head of the company. Umberto's daughter Anna also survives.Notes
External links
* [http://www.forbes.com/finance/lists/10/2003/LIR.jhtml?passListId=10&passYear=2003&passListType=Person&uniqueId=5844&datatype=Person/ Forbes Rich List entry]
* [http://news.independent.co.uk/business/analysis_and_features/article62642.ece Obituary]
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