John Elkann, Stellantis and Ferrari Chairman, faces an $84 million tax evasion probe in Italy over alleged unpaid inheritance taxes on assets from his grandmother, Marella Caracciolo.
John Elkann, Chairman of Stellantis and Ferrari, is embroiled in an $84 million tax evasion investigation in Italy. Prosecutors allege he and his siblings failed to pay inheritance taxes on assets inherited from their grandmother, Marella Caracciolo. The case arises from a dispute with their mother over the estate of Gianni Agnelli. Elkann's lawyers assert that the asset seizure is merely procedural, not indicative of guilt. The investigation continues.
September 23, 2024
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