The Man Behind Nutella, Ferrero Rocher and Tic Tacs Dies — entrepreneur.com

Michele Ferrero, a hero for Nutella lovers and role model for entrepreneurs everywhere, died on Saturday. The owner of Ferrero Group passed away at age 89, according to the company. Ferrero – the richest man in Italy – made his estimated $23.4 billion fortune by creating and selling some of the world's most loved chocolate treats. While Ferrero's father, Pietro Ferrero, was the original creator of Nutella in 1944, Michele Ferrero was the one who grew the family pastry shop turned confectionery factory into an enormous international business. Under Michele's leadership, the company invented famous products such as Kinder chocolates, Ferrero Rocher and Tic Tacs.

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