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Ghirelli, who became billionaire by investing in India, calls it 'particularly fortunate'
short by Medhaa Gupta / on Saturday, 24 January, 2026
Italian entrepreneur Filippo Ghirelli, who became a billionaire after investing $169 million to buy a 25% stake in India's second-largest oil refinery Nayara Energy in 2023, said that the venture was "particularly fortunate". According to Forbes, at least $1.1 billion of Ghirelli’s estimated $1.5 billion wealth comes from this. "We’ve seen the value of...business grow exponentially," he added.
read more at Financial Express