Silvio Scaglia Net Worth: Which Business Made Him A Billionaire After Legal Complications?

Silvio Scaglia Net Worth: Silvio Scaglia is an Italian business tycoon. He pioneered the Fastweb telecommunications service in Italy. Silvio and his wife, Julia Haart founded the first Talent Media company in the world, Elite World Group.Β  He built fame through his excellent work and amazing business skills. Due to his decision, the company touches the sky and made him the most successful businessman. His wife’s luck also matters to make him a business tycoon in Italy.

People are curious to know about Silvio Scaglia Net Worth, career, personal life, and legal issue. We have important information if you want to know, you have to stay until the end of the article.

Silvio Scaglia Net Worth

By 2022, Silvio Scaglia will have amassed an enormous net worth of around $1.5 billion. He has been involved in a wide range of entrepreneurial endeavors, many of which have been highly successful. Silvio has also put a lot of money into Yewno, a platform for making discoveries, and SHS A. M., a company that specializes in quantitative asset management. If you are interested, you can read Tom Brady Divorce.

Silvio Scaglia Early Life

Silvio Scaglia was born on the 14th of October, 1958 in Lucerne, Switzerland. Nothing is much known about his early life and his parents. Regarding his study, he went to the Polytechnic University of Turin where he graduated in 1983 with a degree in Electrical Engineering.

Following graduation, he started working at an Italian aerospace company, Alenia Aeronautica. There, he served on the Tethered satellite project for a short time. The project was conducted in partnership with Martin Marietta, and NASA. His next work experience came as a programmer at Andersen Consulting. He also served as a project manager for the consulting company for three years. You may read aboutΒ Anton Yelchin Net Worth.

Silvio Scaglia Career

In 1986, Silvio began his career at McKinsey & Company, a global management consulting business. Working with clients in the German and Italian auto industries there helped him broaden his expertise. He also worked for Piaggio & C. SpA for a short while as a consultant. In the early 1990s, Silvio was promoted to general manager of the Spanish branch of the corporation.

Silvio was elevated to senior vice president after only a few years with the organization. He joined Piaggio as Vice President and oversaw the company’s reintroduction to markets outside of Europe. In addition, he revived the company’s presence in China and India. He became the CEO of the fledgling corporation Omnitel in 1995 and stayed in that role for the next four years, until 1999. This was given a boost to Silvio Scaglia net worth.

It was in July of 1999 when Silvio introduced the world to e.Biscom. It eventually grew to become the holding company for several well-known companies, including Fastweb. Biscom went public on the Italian New Market Stock Exchange in March of 2000. After the IPO of Uber, e.IPO Bicsom was the second most successful in Italy’s history. In 2004, after Biscom and Fastweb had been partners for four years, Biscom merged with Fastweb and began doing business under the Fastweb brand.

Fastweb quickly rose to prominence within Italy’s competitive broadband market, becoming the country’s dominant alternative carrier in just under two years. The company’s annual revenue stood at around €1.26 billion. Silvio sold his stake in Fastweb to Swisscom in 2007, and he has since remained on the board as an administrator. After waiting a month, he paid roughly 3.1 billion euros to acquire 82.09% of the broadband provider’s portion of Fastweb.

With the launch of Babelgum on March 5, 2007, Silvio created an interactive television platform. However, after 4 years of operation, the company had to be liquidated. Elite World Group, a talent media organization, was later acquired by him. His wife, Julia Haart, is now the company’s CEO. After that Silvio Scaglia net worth increased very fast. Scaglia also owns the prestigious La Perla fashion label, which he won in an auction on June 4, 2013. You can also read about Christina Applegate Net Worth.

Silvio Scaglia Personal Life

Silvio Scaglia net worth was built before his marriage to Julia Haart, they had their wedding in 2019. Elite World Group is led by Scaglia’s wife, Julia Haart, and represents thousands of talents, and she is also a fashion designer. However, Silvio Scaglia’s first wife is Monica Aschei. He announced his intention to divorce in 2017 which was finalized in 2018.

Silvio Scaglia Personal Life
Silvio Scaglia Personal Life

Scaglia has three adult children from his first marriage. His oldest, Chiara Scaglia, was previously in a leadership position at La Perla and continues to work in the fashion industry. Scaglia is married to Julia Haart. He took on her last name. You can also read aboutΒ ICE-T Net Worth.

Silvio Scaglia Legal Issues

Scaglia was falsely charged with fraud between 2010 and 2013. Silvio Scaglia net worth growth was hindered at that time. In the end, he was cleared of all charges brought against him by Rome public prosecutor Giancarlo Capaldo.

Conclusion
Silvio Scaglia net worth is a result of his hard work and patience. No doubt your dedication and consistency will definitely reward you one day. Dear readers, we hope you have enjoyed our article. We are continuously collecting information and news for our readers. You can visit focushillsboro.com for the latest news. If you have any queries or suggestions can put them in our comment section.

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