16 December

Giovanni Agnelli – entrepreneur

Founder of Fiat had keen eye for a good investment

Giovanni Agnelli, the businessman who founded the Fiat car manufacturing company, died on this day in 1945 in Turin.  As soon as Agnelli heard about the idea of a ‘horseless carriage’, he recognised it as a business opportunity and in 1898 met up with an inventor looking for investors for his project.  In 1899 he became part of a group who founded the Fabbrica Italiana di Automobili Torino. Within a year he had become managing director of the company and by 1903 the business was making a small profit.  Giovanni had been born in Villar Perosa, a small town near Pinerolo in Piemonte, in 1866.  He embarked on a military career after finishing his studies but returned to his home town to follow in his father’s footsteps and become Mayor.  Fiat continued to grow and went public before the start of the First World War.  Read more…

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Luisa Ranieri - actress

Naples-born star of The Hand of God

The actress Luisa Ranieri, who received a Best Supporting Actress award for her performance in Paolo Sorrentino’s Oscar-nominated 2021 movie The Hand of God, was born on this day in 1973 in Naples.  Ranieri, who is married to Inspector Montalbano actor Luca Zingaretti, was honoured with a prestigious Nastro d’Argento for her portrayal of Patrizia, the troubled aunt of The Hand of God’s central character, Fabietto.  Among more than 30 films in a big screen career that began with a leading role in Leonardo Pieraccioni’s Il principe e il pirata (The Prince and the Pirate) in 2001, Ranieri is also well known for her performances in Michelangelo’s Antonioni’s Eros in 2004, in Pupi Avati’s Gli amici del Bar Margherita (The Friends of the Bar Margherita) in 2009 and Gary Winick’s final film, Letters to Juliet (2010).  Read more… 

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Francesco Graziani - World Cup winner

Forward injured seven minutes into 1982 final

The footballer Francesco Graziani, who played in all of Italy’s matches in the 1982 World Cup in Spain but had the misfortune to be injured just seven minutes into the final, was born on this day in 1952 in Subiaco, in Lazio.  Graziani, a striker with Fiorentina who had made his name with Torino, scored a vital goal in Italy’s final match of the opening group phase against Cameroon, securing the draw that was enough to take the azzurri through to the second stage of the competition.  He played in Italy’s epic victories over Argentina and Brazil in the second group phase and in the thumping semi-final win over Poland but was replaced by Alessandro Altobelli after damaging a shoulder in the opening moments of the final against West Germany.  Altobelli went on to score Italy’s third goal as they overcame the Germans 3-1 to lift the trophy for a third time.  Read more…

Ivana Spagna – singer-songwriter

Dance track made 30 years ago still holds record

The singer and songwriter Ivana Spagna, whose single Call Me achieved the highest placing by an Italian artist in UK chart history when it reached number two in 1987, was born on this day in 1954 in the town of Valeggio sul Mincio, in the Veneto.  Often performing as simply Spagna, she has sold more than 10 million copies of her singles and albums in a career spanning 46 years, having released her first single in 1971 at the age of 16.  She began to sing professionally in the early 1980s, when she provided the vocals for a number of disco tracks lip-synched by other artists, and when she relaunched her recording career in her own right she met with immediate success.  The single Easy Lady, recorded in 1986 and which she tends to regard as her debut single as a professional artist, sold more than two million copies, as did Call Me, released the following year.  Read more…

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The founding of AC Milan

English roots of one of Italy’s football giants

The football club that would eventually become known as AC Milan was founded on this day in 1899.  Although Juventus have won twice as many domestic Serie A titles - 36 to their 18 - AC Milan have been Italy’s most successful club in international club football, winning 18 trophies, including the European Cup/Champions League on seven occasions.  Yet the club owes its existence largely to five expatriate Englishmen, who conceived the idea of forming a football club - a cricket and football club, to be more accurate - during an evening at the Fiaschetteria Toscana bar, a few steps from the Duomo in the centre of Milan. The group comprised Alfred Edwards, a businessman from Shropshire, players Samuel Davies, from Manchester, David Allison and Edward Nathan Berra, both English but born in France, and Herbert Kilpin, a butcher’s son from Nottingham.   Read more…

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Santo Versace - businessman and politician

Entrepreneurial brain behind Versace fashion empire

Santo Versace, sometime politician and the business brain behind Italy's world famous luxury fashion label, was born on this day in 1944 in Reggio Calabria.  Along with his brother and sister, Gianni and Donatella, Santo grew up in Italy's southernmost major city, which is situated right on the "toe" of the Italian peninsula and separated from the island of Sicily by barely 10km of the Strait of Messina.  Unlike his younger siblings, who were inspired by their mother, Francesca, a dressmaker who owned a small clothes shop, to become designers, Santo took after their father, Antonio, a coal merchant who in time became an interior decorator, in wishing to become an entrepreneur.  He helped his father hump sacks of coal as a child and learned the basics of running a business as a teenager before obtaining a degree in economics at the University of Messina. Read more…

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Book of the Day: Mondo Agnelli: Fiat, Chrysler, and the Power of a Dynasty, by Jennifer Clark

Fiat is one of the world's largest automakers,  but when it made headlines by grabbing control of a bankrupt Chrysler in 2009 it was largely unknown in the United States. Fiat’s against-all-odds swoop on Chrysler - masterminded by Sergio Marchionne, the Houdini-like manager who saved Fiat from its own near-collapse in 2005 - has made the automaker one of the most unlikely winners of the financial crisis. Mondo Agnelli looks at the chain of unpredictable events triggered by the death of Gianni Agnelli in 2003. Gianni, the charismatic, silver-haired power broker and style icon, was the patriarch who had lead the company founded by his grandfather in 1899. But Gianni's own son had committed suicide. Without a mature heir, the dynasty and Fiat were rudderless. Backed by Gianni's closest advisors, his serious, shy, and determined grandson John Elkann plucked Marchionne from obscurity. Together, they saved the family company and, inadvertently, positioned Fiat as a global trailblazer when the global storm hit.  A classic story of ingenuity and hard work, the book portrays a business dynasty that triumphed over adversity and family tragedy because of its own smart thinking, sweat, and ability to bend the rules.  

Jennifer Clark is an American journalist living in Italy. Fascinated by the Agnelli family, and hugely admiring of Sergio Marchionne’s turnaround of Fiat, when news about Fiat's plan to take over Chrysler broke in 2009, she identified the story as the book she had always wanted to write. 

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