汽车豪门的母子撕逼战
汽车商业评论·2025-11-06 23:08

Core Viewpoint - The article discusses the ongoing inheritance dispute within the Agnelli family, particularly focusing on the implications of a newly surfaced handwritten will that could potentially alter the ownership structure of the family's holding company, Dicembre, and impact their vast business empire, including Ferrari and Stellantis [4][12][29]. Group 1: Inheritance Dispute Background - The dispute centers around a handwritten will allegedly from Gianni Agnelli, which claims that a portion of the family holding company Dicembre should belong to his son, Edoardo Agnelli, who died in 2000 [5][6]. - Margherita Agnelli, Gianni's daughter, has long questioned the distribution of her father's estate and believes there are hidden assets that were not included in the inheritance [6][11]. - The conflict has persisted for nearly two decades, with Margherita's legal battles against her family members, particularly her son John Elkann, who currently leads the family business [11][30]. Group 2: Business Implications - Dicembre controls 38% of Giovanni Agnelli BV, which in turn holds 55.07% of Exor, the family's investment company that owns significant stakes in Ferrari, Stellantis, and Juventus [15][16]. - If Margherita wins her case, it could disrupt Exor's ownership structure and governance, affecting the operations of both Ferrari and Stellantis [29][30]. - The article highlights that despite the legal turmoil, John Elkann's leadership positions at Ferrari and Stellantis remain secure for now, although the situation adds complexity to his responsibilities [89]. Group 3: Financial Context - Margherita previously signed a "Geneva Agreement" in 2004, relinquishing her shares in Dicembre for €1.2 billion in assets, which included properties and a portion of a valuable art collection [39][40]. - The value of Exor's holdings has dramatically increased by 2700% since then, reaching €33 billion, raising questions about the fairness of the original agreement [48]. - The ongoing legal disputes have also led to tax investigations into the family's wealth, with claims of unpaid taxes amounting to €42.8 million on Margherita's mother's estate [73][74].