Pietro Ferrero

(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...

(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...