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Nutella Billionaire Now Owns Cookie Business

2020-08-11 5 Dailymotion

Italy's richest family is the Ferraro family.<br />They founded confectionery giant Ferrero Group.<br />The company is run by Giovanni Ferrero.<br />Under his guidance the value of assets acquired through his CTH holding company increase by 40% last year.<br />Business Insider reports this was partly due to CTH's $300 million purchase of Danish cookie business Kelsen Group last year.

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