Agnelli Clan Pays €175 Million to Settle Italian Tax Case.

Sunday, Jul 13, 2025 9:06 am ET1min read

The Agnelli clan's John Elkann and his siblings, Lapo and Ginerva, have agreed to pay €175 million to Italy's Revenue Agency to settle a tax evasion probe. The investigation centered around allegations they didn't pay Italian taxes on inherited assets. The deal was reached to "swiftly and definitively resolve a painful matter." Discussions with the public prosecutor are ongoing. John Elkann is chairman of Stellantis NV and Exor NV, which controls Ferrari NV and Juventus Football Club SpA.

The Agnelli clan, led by John Elkann, has agreed to pay €175 million to Italy's Revenue Agency to settle a probe over alleged tax evasion. The investigation, which began last year, centered around allegations that John Elkann and his siblings, Lapo and Ginerva, did not pay Italian taxes on assets they inherited after the death of their grandmother, Marella Caracciolo [1].

The siblings reached the agreement with the aim of swiftly and definitively resolving a "painful matter," according to a family spokesperson. The settlement was concluded without any admission of the validity of the allegations. Discussions with the public prosecutor in Turin are ongoing [1].

The case stems from a wider inheritance dispute between the Agnelli siblings and their mother, Margherita, over the estate of Gianni Agnelli. Last year, a judge in Turin seized assets worth almost €75 million from the siblings [2].

John Elkann serves as the chairman of Stellantis NV, the maker of Fiat and Peugeot cars, and Exor NV, which controls Ferrari NV and Juventus Football Club SpA. The settlement is a significant development in the ongoing legal battle surrounding the Agnelli family's wealth and inheritance.

References:
[1] https://www.bloomberg.com/news/articles/2025-07-13/elkann-siblings-agree-to-pay-175-million-to-end-italy-tax-case
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TA01B:0-ferrari-chair-john-elkann-settles-inheritance-tax-dispute-in-italy/

Agnelli Clan Pays €175 Million to Settle Italian Tax Case.

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