Agnelli heir John Elkann in the driving seat of Stellantis John Elkann, scion of Italy’s Agnelli dynasty, says the new $51 billion Fiat-Chrysler-PSA mega-merger he masterminded will meet the world’s needs in sustainable mobility. Elkann (pictured), 44, and his new management team launched Stellantis to the public and shares began trading this week. The board of directors includes Elkann as chairman and Carlos Tavares, 62, former chief operating officer at Renault, as chief executive, alongside nine non-executive directors. The board appointed an audit committee, a remuneration committee and a governance and sustainability committee. Headquartered in the Netherlands with 400,000 employees in 50 countries, Stellantis became the fourth largest car maker in the world and third largest by revenue, with annual sales of 8.7 million units and combined revenues of nearly €170 billion ($206 billion). The synergising Italian-American and French combination was estimated to save €3
Citing rise in extremist violence, Jewish groups urge expeditious confirmation for Biden Homeland Security nominee jta.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jta.org Daily Mail and Mail on Sunday newspapers.
Banking heir Benjamin de Rothschild dies at 57
He oversaw the empire started by his father in 1953.
By JOSEPH PISANIAssociated Press
Benjamin de Rothschild in 2007. Salvatore Di Nolfi/Keystone via AP
NEW YORK Benjamin de Rothschild, who oversaw the banking empire started by his father in 1953, has died. He was 57.
The Edmond de Rothschild Group, the company he was chairman of, said that de Rothschild died of a heart attack Friday afternoon at his home in Pregny, Switzerland.
Since 1997, Benjamin de Rothschild headed the banking group, which was named after his father. Today, Edmond de Rothschild Group says it manages assets worth 160 billion euros, or $190 billion.
By Chris Black
One of the most cunning bankers in the world died suddenly of a heart attack at the age of 57 yesterday in his home in Switzerland. Baron Benjamin de Rothschild, from the French branch of the family, had a personal fortune of 4.5 billion US dollars, and ran a $194 billion Financial Group with 32 subsidiaries in 15 countries, the Edmond de Rothschild Group respectively.
In the 19th century, the Rothschild family was practically the central bank of Europe. States and monarchies borrowed from them for investment or war. Without their money, nothing would move on the continent. Only Rockefeller competed with them as a symbol of wealth and power. But the Rockefeller clan had a job in America. Each with its own continent, right?