Pietro Ferrero

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'World's Richest Candyman' Died on Valentine's Day

Michele Ferrero brought Nutella to the world

(Newser) - Pastry maker Pietro Ferrero invented Nutella amid postwar chocolate shortages in Italy, but it was his son who brought the cocoa-hazelnut paste to the world. Michele Ferrero, who died on Valentine's Day at the age of 89, built the family firm into a $30 billion global confectionary empire, creating... More »

Chocolate Tycoon Dies in Bike Accident

Ferrero SpA chief Pietro Ferrero dead at 47

(Newser) - The heir to Italy's biggest fortune has died in a cycling accident in South Africa. Pietro Ferrero was chief executive of Ferrero SpA , maker of products including Ferrero Rocher chocolate, Tic-Tacs, and Nutella, which was invented by his grandfather in the family bakery during wartime when chocolate ingredients were... More »

2 Stories