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Augusto Perfetti and his brother Giorgio Perfetti own candy and gum giant Perfetti Van Melle, a company with more than $2.9 billion in revenues in 2022.
Their father Ambrogio and uncle Egidio started the company in 1946 as a chewing gum business in a small town near Milan.
In 2022, the company announced it would acquire Mondelez International's developed market gum business, adding brands such as Trident, Dentyne and Bubbalicious.
Augusto Perfetti named his yacht and his private jet after Mentos mints and Airheads taffy, the company's top-selling brands.
Perfetti once sold a 90-metre yacht under construction to fellow billionaire Suleiman Kerimov.
AREIT Inc—the real estate investment trust controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Land Inc. (ALI)—said last week it has agreed to buy prime properties worth 30 billion pesos ($542 million) from its parent and affiliate companies.
Mining activity in Peru is affected by a complicated political risk outlook that includes obstacles such as political instability, violent protests, and organized crime.
AC Energy—a unit of billionaire Jaime Zobel de Ayala’s Ayala Corp.—is jump-starting the construction of its second large-scale solar farm in Australia, accelerating the expansion of its renewable energy foot print across Asia Pacific.
The pursuit of digital transformation initiatives will increasingly expose organizations to the complexity of interconnected hybrid and multicloud environments.
On Saturday, there is a heavyweight clash set for the co-main event spot, and it features No. 12 contender Blagoy Ivanov taking on No. 13-ranked Augusto Sakai.