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Sun, December 8, 2024
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National Politics

Meet John Elkann, the enigmatic billionaire heir fighting to save Jeep parent Stellantis


Published on 2024-12-08 08:21:05 - AOL
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  • To get a better idea of how 48-year-old John Elkann ticks, Fortune spoke to the author that chronicled his family's turbulent history.

John Elkann, the enigmatic billionaire heir to the Agnelli family fortune, has significantly shaped the automotive and media industries through his leadership at Exor, the holding company of the Agnelli family. Born into wealth and influence, Elkann has not only preserved but expanded the family's legacy, notably through his strategic decisions at Fiat Chrysler Automobiles (FCA), where he orchestrated the merger with PSA Group to form Stellantis, now one of the world's largest automakers. Beyond automotive, his influence extends to media with significant stakes in The Economist and GEDI Gruppo Editoriale. Despite his low public profile, Elkann's business acumen and his ability to navigate complex corporate landscapes have made him a pivotal figure in global business, often described as a "quiet force" with a keen eye for long-term investments and partnerships.

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