The Italian businessman, Marco Mattiacci, is a well-known name among Ferrari fans. Best known for his 8-month stint as Scuderia Ferrari Formula 1's team principal, Mattiacci is also the former global chief brand officer and chief commercial officer at Faraday Future. He has also been the president and CEO of Ferrari North America and former CEO of Ferrari Asia Pacific.
Having worked with luxurious Italian brands in his career, Marco Mattiacci has earned an esteemed position in the Italian business world. He specializes in marketing, especially in the brand and product development department. Today, let's learn about Marco Mattiacci's biography.
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Early Life, Family, and Education
Marco Mattiacci was born on December 8, 1970, in Rome, Lazio, Italy. Being a secretive person, Mattiacci has not shared any information about his parents or siblings.
Talking about his education, Mattiacci studied economics at the Sapienza University of Rome. After developing a vivid sense of business, Mattiacci moved to the US for his further education. There, he attended Columbia University Business School in Manhattan, New York. Later, He was accepted into the INSEAD international executive program in Singapore.
Career
At the age of 19, Mattiacci started working for the British luxury car brand Jaguar Cars. From 1989 to 1999, he deliberately worked his way up in the marketing department of the company.
In 1999, Mattiacci joined Ferrari as an area sales manager for America and the Middle East. He was later promoted to manage the launch and sales of the Maserati brand to the North American Market.
After being appointed as the president and CEO of Ferrari Asia Pacific in 2006, Mattiacci performed well in his role and was named president and CEO of Ferrari North America in 2010. While at his new position, he successfully raised Ferrari brand sales by 20% in the North, Central, and South American markets, which earned him the title of the Automotive Executive of the Year Award in 2012.
In early 2014, Mattiacci was appointed as the managing director and team principal of the Scuderia Ferrari Formula 1 racing team, replacing Stefano Domenicali after a poor start to the season. It seemed like he's making all the right decisions for the team when he convinced Sebastian Vettel to join Ferrari. However, it was not good enough for Ferrari chairman Sergio Marchionne, who called to drop Mattiacci for Maurizio Arrivabene in November 2014. Mattiacci's 8-month stint in Ferrari's F1 racing team made him a center of attention in the media over a couple of years.
In June 2016, Mattiacci was hired by Faraday Future to work as a global chief brand officer and chief commercial officer. Having a distinctive reputation in the international market, Mattiacci was given the role to lead branding, marketing, and sales aspects of the electric car company. However, due to the dire financial situation, Mattiacci and the company's then-vice president, Joerg Sommer, had to chip away from the Faradays Future's foundation in December.
According to sources, Mattiacci is expected to join the British luxury sports car company Aston Martin in a growth and development consultancy role in 2021. However, a representative from Aston Martin stated, "Mr. Mattiacci is an advisor to Aston Martin Lagonda," but no further comment was added about the gossips.
Marco Mattiacci Net Worth
It has been over three decades since Mattiacci first started his illustrious career. While working for some of the high-profile names in the luxury car business, Mattiacci might have gathered a grand fortune from his salary and bonuses. Although some sources have claimed that Marco Mattiacci's net worth is over $5 million, the businessman himself is yet to confirm the reports.
Marco Mattiacci's net worth was heavily influenced by his career at Ferrari. Photo Source: Marco's Facebook.
Mattiacci has undoubtedly earned a shedload of money from his professional career. Even if his salary is concealed from public knowledge, we can imagine the man's financial worth, given the fact that he has been a part of the world's most affluent car companies. As per CNBC, Ferrari had a market value of $9.8 billion when it went public in 2015, which skyrocketed to an astounding $30.1 billion in May 2020. Although the given data portrays Ferrari's financial state after Mattiacci's departure, it is safe to say that the luxury sports car manufacturing company had already hit the billion-dollar cap when Mattiacci served as the CEO of Ferrari Asia Pacific and North America. Working for the billion-dollar company, Marco Mattiacci's net worth might have been significantly influenced by his income.
Also, Mattiacci's tenure in Jaguar and Faraday Future might have been profitable. Besides, the Italian businessman is reportedly set to become Aston Martin's next marketing consultant in 2021. If the rumored news turned out to be true in the future, Mattiacci could be earning millions from his signing bonuses and salaries.
Married And A Father of Three
We have known Marco for ages. He likes to stay away from the limelight and keeps his life low-key. The same goes for his wife, Farah Mattiacci, who has also not shared much about their marital relationships. However, digging up on some sources, we have pieced together some information regarding Marco Mattiacci's wife and children.
Marco Mattiacci and his wife, Farah Mattiacci are very private about their lives. Photo Source: Marco's Facebook.
Being a private person, Marco Mattiacci has indeed not shared much about his marriage, not even the dates. However, the couple has appeared at several sports events, including the Ferrari and The Cinema Society Screening of Rush at Chelsea Clearview Cinemas in 2013.
While in the pursuit of their marriage life, we came to find that Marco Mattiacci is also a proud father of three children. The Mattiacci couple must have welcomed three kids from their supposedly decade-long marriage period. While the pair has only disclosed the name of their daughter, Layla Mattiacci, their other two children still remain a mystery. Let's hope Marco and his wife would soon introduce their beautiful family to the world.
Trivia and Facts
- Marco Mattiacci posted a video on Facebook on June 15, 2015, and has since disappeared from the site.
- He first joined Ferrari at the age of 29.
- He has a friendly relationship with the executive chairman of Aston Martin, Lawrence Stroll.
