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John Elkann, a period full of troubles but the derby for stock market supremacy between Stellantis and Ferrari is a delight

For John Elkann the beginning of 2024 was full of trouble but only joy comes to him from the stock market: the derby between Stellantis and Ferrari for the capitalization record is a show that takes place every day and Elkann's portfolio is enriched by the hour in the hour

John Elkann, a period full of troubles but the derby for stock market supremacy between Stellantis and Ferrari is a delight

First the direct clash with the prime minister Giorgia Meloni on the creeping Frenchization of stellantis, then the bitterness of the layoffs a mirafiori and the anguish of Pomigliano in the absence of public incentives, therefore the defeat of Juve in the Italian derby with Inter which could cost him the scudetto and finally the inclusion in the list of those under investigation by the Turin Prosecutor's Office for possible tax crimes linked to the dispute with his mother Margherita for thelegacy of Lawyer Agnelli: no, this beginning of the year is not a lucky time for John Elkann, the CEO of Exor and president of Stellantis, Ferrari and Gedi. Good thing it's there MY BAG. Never before has the consolation for the heir of the Agnelli house, appointed by the same lawyer before his death (“Only one is in charge at a time”) come from Piazza Affari. Other than Juve-Toro or Juve-Inter, the derby that cheers up the forty-seven John every day comes from the financial market of Milan, where Stellantis and Ferrari are increasingly competing for supremacy, as Ugo Bertone brilliantly reported yesterday on FIRSTonline. Today Stellantis has a stock market value of 71,09 billion euros, Ferrari of 70,24 billion and yesterday, to complete the party, there was a boom in Iveco, another jewel from the Agnelli-Elkann house. In the Italian ranking of stock market capitalizations, the advantage that Stellantis and Ferrari have acquired over the other blue chips on Piazza Affari is clear: theEnel is worth 59,7 billion, Intesa Sanpaolo 50,85 billion, Unicredit 49,75 billion, theEni 48,2 billion. What a delight for young John and his shareholders. Let the derby continue: at least the championship is safe on the stock market.

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