John Elkann

John Elkann is the heir to the founders of Fiat and a prominent figure in the Agnelli family, known for their extensive business holdings in Italy. He is newsworthy due to the recent sale of Gedi, a major Italian media group, to the Greek company Antenna. This sale marks the end of the Agnelli family's century-long involvement in the Italian media landscape. Additionally, the family's historical newspaper, La Stampa, was sold to a smaller Italian group, Sae. These sales signify a significant shift in the Agnelli family's investment strategy, moving away from media ownership in Italy. Elkann's decisions hold considerable weight in Italian business and media circles due to the Agnelli family's historical influence and vast economic power.