Italy's richest family gets $708 million from Nutella maker Ferrero

The Ferreros, Italy's richest family, are receiving a $708 million dividend from the Ferrero Group, the maker of Nutella chocolate spread and Kinder chocolates. Giovanni Ferrero, grandson of founder Pietro, owns a controlling stake in Ferrero, which made record $1 billion profit for the fiscal year ended in August. The family has a fortune of $32.3 billion, as per Bloomberg.