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Tom Metcalf & Tommaso Ebhardt: Ferrari scion ends up a billionaire

Piero Ferrari was steered away from motorsport by his father Enzo Ferrari. More than five decades later, the Ferrari legacy is set to make the son a billionaire as the world's most iconic maker of supercars completes an IPO

Tom Metcalf & Tommaso Ebhardt 

Tom Metcalf & Tommaso Ebhardt Enzo Ferrari was so determined to protect his young son from the dangers of motorsport, that he ordered his workers not to let the boy sit in team cars so he wouldn't ever dream of becoming a racing driver. More than five decades later, the Ferrari legacy is about to make the son a billionaire as the world's most iconic maker of supercars completes an initial public offering (IPO). The now 70-year-old Piero Ferrari will have a fortune of $1.3 billion, mainly derived from his 10 per cent stake in the Italian company, according to the Bloomberg Billionaires Index. Ferrari and its ...

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First Published: Mon, October 12 2015. 21:46 IST
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