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Luca Claudio di Montezemolo is an Italian businessman with an estimated value of $4 billion. He is the Chairman of Ferrari and Fiat; He also served as the chairman of the Italian business lobby group Confindustria from 2004 to 2008. On September 10, 2014, Montezemolo issued an official statement announcing that he would resign from the position of Ferrari Chairman. Montezemolo comes from an old aristocratic family in Piedmont, born in Bologna, studied at the University of Rome in Italy, and obtained a law degree in 1971. Next, he prepared to study international relations at Columbia University in the United States. It was precisely at this time that Montezemolo received strong recognition from Ferrari team founder Enzo Ferrari. So he entered Fiat. In 1973, Montezemolo entered Ferrari and quickly became Enzo Ferrari's assistant, becoming the manager of the Ferrari team in 1974. In 1975, Montezemolo was promoted to Ferrari and became the director of all Fiat racing events. In 1977, after leaving the Ferrari team, Di Montezemolo began serving as the manager of the Fiat Group's human resources and communication coordination department. Throughout the 1980s, Montezemolo held several positions in the vast Fiat Empire, including the President of the Cinzano Group and the CEO of Etti Itedi Publishing Company. In 1982, he was also responsible for coordinating the Azzurra yacht from the time to participate in the America's Cup sailing race. In 1986, Montezemolo served as the chairman of the organizing committee for the 1990 Italian World Cup. In November 1991, Fiat President Gianni Agnelli appointed Montezemolo as Ferrari's chairman. After Enzo Ferrari's death, Ferrari was already struggling on the brink of death. At this point, Montezemoro set his goal of once again winning the Formula One manufacturer championship. He quickly made changes to the team, signed Niki Lauda as a consultant, and promoted Claudio Lombardi as the team manager. During the 1990s, Montezemolo restored Ferrari's regular car business, turning heavy debt into solid profits, and Ferrari's sales increased significantly. From 1997 to 2005, he was also the chairman of Maserati. Under the leadership of Montezemolo, the Ferrari team won the Formula One driver championship in 2000, for the first time since 1979. In the previous year, in 1999, Ferrari also won its first manufacturer championship since 1983. On May 27, 2004, Montezemolo became the chairman of the Italian business lobby group Confindustria; On May 28th, after the death of Amberto Agnelli, he was elected as the chairman of Ferrari's parent company, Fiat. Starting from December 20, 2004, he became the President of LUISS International Free University for Social Sciences. He is also the Vice President of Bologna Football Club. On September 10, 2014, Montezemolo issued an official statement announcing that he would resign as Ferrari owner

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