Ferrero died on 14 February 2015, at his home in Monte Carlo, Monaco. He was 89. Michele Ferrero said at the celebration of the 50th anniversary of the founding of the company: “The success of Ferrero we owe to Our Lady of Lourdes, without her we can do little.” Michele Ferrero was the richest person in Italy, with a worth of $23.4 billion. Ferrero operates in 53 countries with over 34,000 employees.
Source: National Post