Massimo Moratti is a man from Italy.
He works with oil and power. He also owned a big soccer team. He helped his team win many games. He even helped the United Nations. Do you like soccer?
Massimo Moratti is a businessman from Italy.
He works with oil. His company also makes power from the wind.
He used to own a soccer team. He spent a lot of money on the team. He bought many great players.
One famous player he signed was Ronaldo. The team won many big prizes. They even won a very special trophy in 2010.
He worked for the United Nations too. This is a group that helps the world. He is a very rich man.
He is even in a hall of fame for soccer.
Massimo Moratti is a wealthy businessman from Italy.
His father, Angelo, started the Saras Group in 1962. This company works with petroleum, which is oil used for fuel. Massimo now leads the group as CEO. The main site is a large refinery on Sardinia. It can process 300,000 barrels of oil every day. This is 15% of all refining in Italy.
Massimo also works with new power sources. His companies make electricity from waste oil. They also use wind energy.
From 1995 to 2013, Massimo led the Inter Milan soccer team. He was the chairman, which means he was the top leader. He spent about €1.5 billion to buy famous players. One star was Ronaldo. The team won many big prizes under his lead. In 2010, they won the Treble. This means they won three major trophies in one year.
Massimo was also a United Nations goodwill ambassador. This role helps people around the world. He is now in the Italian Football Hall of Fame.
Massimo Moratti is a very wealthy businessman from Italy. He leads a large company called the Saras Group. This company works with petroleum, which is the oil used for fuel.
His father, Angelo Moratti, started the group in 1962. Now, Massimo is the CEO of the company. He also works to create different kinds of power. His company, Sarlux, makes electricity from waste oil. They also use wind energy through companies named Sardeolica and Sarlux. This helps the company find new ways to make energy.
The Saras Group has a very large production site. It is a refinery located on the island of Sardinia. This place is one of only six supersites in all of Europe.
The refinery can process 300,000 barrels of oil every single day. That is a huge amount of fuel. This one site handles 15% of all the refining done in Italy. It is a very important part of how the country gets energy.
Massimo Moratti is also famous for his work with sports. He was the chairman of the Inter Milan soccer team for 18 years. He led the team from 1995 until 2013.
During this time, he spent about €1.5 billion of his own money. He used this money to buy many famous players. One of his most famous signings was Ronaldo in 1997. He also bought Christian Vieri for a record €48 million in 1999.
The soccer team became very successful under his leadership. They won many big prizes like the Serie A title.
Inter Milan won five Serie A titles in a row from 2006 to 2010. In the 2009–2010 season, they achieved something called the Treble. This means they won the Scudetto, the Coppa Italia, and the Champions League in one year. They were the first Italian team to ever do this. Because of his work, he joined the Italian Football Hall of Fame in 2013.
Outside of business and sports, Moratti helps people around the world. He was named a United Nations goodwill ambassador in 2009.
This is a special role that helps people notice important global issues. He grew up in a family villa near Verona. He studied political science at a university before starting his big career. Today, he is still known as a major figure in both energy and sports.
Massimo Moratti is a prominent Italian billionaire businessman. He is a major figure in the petroleum industry and international sports. Moratti serves as the CEO of the Saras Group. This group focuses on refining petroleum, which is the oil used for fuel. He is also known for his long leadership of the football club Internazionale, commonly called Inter Milan. His influence spans from large-scale energy production to global humanitarian work as a United Nations goodwill ambassador.
The energy business Moratti leads is centered on the Saras Group. This company was founded in 1962 by his father, Angelo Moratti. The main production site is the Sarroch refinery located on the island of Sardinia. This facility is a massive operation known as a supersite. It is one of only six such sites in all of Europe. The refinery has a capacity to process 300,000 barrels of oil every single day. This single location represents 15% of the total refining capacity in Italy.
Recently, the Saras Group has moved toward producing different types of power. This change helps the refinery become more independent regarding its energy needs. The company has entered the production of electricity. It is also expanding into alternative energy sources, specifically wind energy. This is done through subsidiaries like Sarlux and Sardeolica. Sarlux is headquartered in Cagliari and focuses on making electricity from waste oil. Sardeolica is controlled indirectly through a company called Eolici Ulassai.
Moratti's impact on professional football was significant during his tenure at Inter Milan. He served as the chairman of the club from 1995 until 2013. During these 18 years, he was famous for his massive spending in the transfer market. It is said he spent approximately €1.5 billion of his personal fortune to sign players. In 1997, he signed the superstar Ronaldo from Barcelona. In 1999, he authorized a then-world-record purchase of €48 million for the striker Christian Vieri. He also signed many other famous players, including Zlatan Ibrahimović and Wesley Sneijder.
Under Moratti's leadership, Inter Milan achieved many historic successes. The team won five consecutive Serie A titles from 2006 to 2010. This run equaled the all-time record at that time. The club also won four Coppa Italia titles and four Supercoppa Italiana titles. In the 2009–2010 season, the team achieved the Treble. This means they won the Scudetto, the Coppa Italia, and the UEFA Champions League in one season. They were the first Italian team to ever achieve this feat. For these contributions, Moratti was inducted into the Italian Football Hall of Fame in 2013.
Despite the trophies, Moratti's time as chairman also faced criticism. One major issue was the frequent firing of team coaches. While Roberto Mancini and José Mourinho were successful and long-serving, other coaches stayed for short periods. For example, more than ten coaches were employed briefly before Mancini arrived. These included names like Roy Hodgson and Marcello Lippi. The team's staff also saw many changes. In one instance, the chief scout Giovanni Battista Lanfranchi was replaced after 13 years of service. Eventually, in 2013, International Sports Capital took control of 70% of the club.
Moratti's life is deeply connected to both industry and politics. He was born in 1945 in a family villa in Bosco Chiesanuova, near Verona. He earned a master's degree in political science from Libera Università Internazionale degli Studi Sociali Guido Carli. His family has long ties to Italian leadership. His sister-in-law, Letizia Moratti, served as the Mayor of Milan from 2006 to 2011. Massimo himself entered the political sphere by supporting Giuliano Pisapia for mayor in 2011. In April 2020, Forbes ranked him as number 1513 on their list of the world's billionaires. His estimated net worth was $1.4 billion.
🖼️ Images & Media (1)
More to explore
✨ What else?
Related topics you might enjoy
🪜 Step back
Simpler topics to build understanding
What is Nepedia?
A free, ad-free encyclopedia for children. Every article is written at five reading levels, so the same page works for a five-year-old and a fifteen-year-old — use the level switcher above to see this one change. No account needed to read.