5. Michele Ferrero, Italy Estimated Net Worth: 16.4 billion Origin of Wealth: Ferrero SpA, chocolates. Michele Ferrero, Italy’s richest man, owns Ferrero SpA. Founded in Alba, Italy in 1946 by Ferrero’s father, Pietro, Ferraro is the fourth largest chocolate maker in the world, known for its Kinder, Nutella and Tic Tac brands. Pietro’s great idea was to create a chocolate-like sweet using hazelnuts, which were abundant in the countryside around Alba in the post-war years.