From Wikipedia: Lapo Elkann (born 1978) is a New York-born Italian industrialist, marketing manager and heir to the automaker Fiat.
Looking fit and relaxed, Elkann smiled and greeted reporters on entering Fiat headquarters.
Like his grandfather and great uncle, he married a noblewoman. Elkann is poised to move into the driver's seat at the 107-year-old icon, the European model of family capitalism espoused by his clan is struggling to endure.
Financial markets have become impatient with family-dominated companies, which sometimes put dynastic interests first and occasionally have murky corporate-governance practices.
There is also increased skepticism that companies controlled by Europe's grand families can produce top-flight managers.
Over lunch at the headquarters of IFIL Sp A, the Agnelli family holding company of which he is also vice chairman, Mr.
He was chosen by family patriarch Giovanni Agnelli in 1997 to manage the family's fortune, one of the largest in Italy.