Massimo Moratti
From Wikipedia, the free encyclopedia
Massimo Moratti | |
|---|---|
 Moratti in 2018 | |
| Chairman of Inter Milan | |
| In office 2006–2013 | |
| Preceded by | Giacinto Facchetti |
| Succeeded by | Erick Thohir |
| In office 1995–2004 | |
| Preceded by | Ernesto Pellegrini |
| Succeeded by | Giacinto Facchetti |
| Personal details | |
| Born | 16 May 1945 |
| Spouse | Milly Moratti (m. 1971) |
| Children | 5 |
| Occupation | Businessman |
| Known for |
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Massimo Moratti (born 16 May 1945) is an Italian billionaire petroleum businessman, the former owner of Inter Milan and chairman of the Saras Group, founded in 1962 by his father, industrialist Angelo Moratti. The main production site of the Saras Group is the Sarroch refinery located on the island of Sardinia, one of Europe's only six supersites, with a capacity of 300,000 barrels per day, representing 15% of refining capacity in Italy. In recent years, initially to enable independence of the Sarroch refinery from terms of energy, the Saras Group has entered into the production of electricity and is expanding its production of alternative energy sources, particularly in the field of wind energy, through its subsidiaries Sarlux and Sardeolica, the latter of which is controlled indirectly through the company Eolici Ulassai.
From 1995 until 2013, Moratti was the chairman of Internazionale. He is said to have spent around €1.5 billion of his personal fortune in the transfer market,[1] and was famous for signing numerous football superstars such as Ronaldo in 1997.
He was Inter's honorary chairman, and also a United Nations goodwill ambassador.[citation needed] In 2013, he was inducted into the Italian Football Hall of Fame.[2]
Moratti is the fourth son of industrialist Angelo Moratti, who was the chairman of Football Club Internazionale Milano during the team's "Golden Age" from 1955 to 1968. Born in the family villa in the Bosco Chiesanuova, close to Verona, he graduated from Libera Università Internazionale degli Studi Sociali Guido Carli with a master's degree in political science.
Letizia Moratti, his sister-in-law, was the Mayor of Milan from 2006 until 2011.
On his father's death, Moratti inherited his shares in the Saras Group, engaged in the refining of petroleum, where he is presently CEO. Moratti is also the owner of Sarlux, headquartered in Cagliari, which focuses on the production of electricity from waste oil.
Married to the environmental activist Emilia Moratti (née Bossi), the couple have five children. In September 2009, Sauro Gori announced that Moratti had been appointed a United Nations goodwill ambassador.
In May 2011, Moratti supported Giuliano Pisapia's bid to become mayor of Milan against his sister-in-law Letizia. His call for 'change' was perceived as an extension of his rivalry with A.C. Milan's president, Silvio Berlusconi, from football to the political sphere.[3]
In April 2020, he was ranked by Forbes at number 1513 in the world's billionaires list, with a net worth of $1.4 billion.[4]
