What is Francesco Gaetano Caltagirone's Net Worth?

Francesco Gaetano Caltagirone is an Italian businessman who has a net worth of $1.7 billion. Francesco Gaetano Caltagirone gets back to riches on the back of the increased share value of his multiple interests.

Actually, after FTSE MIB, Italy's major stock market index, gained over 14% in 2013, Caltagirone's several publicly traded positions made his net worth double within a year to $1.5 billion. He holds over 50% in Caltagirone S.p.A., a holding company with interests in cement manufacturing, real estate, construction and publishing; as well as major stakes cement producer Cementir, utility Acea, and Caltagirone Editore, the country's second largest newspaper publishing company with titles like Il Messaggero and Leggo, the first free newspaper in Italy.