Massimo Moratti facts for kids
Quick facts for kids
Massimo Moratti
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Moratti in 2018
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| Chairman of Inter Milan | |
| In office 2006–2013 |
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| Preceded by | Giacinto Facchetti |
| Succeeded by | Erick Thohir |
| In office 1995–2004 |
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| Preceded by | Ernesto Pellegrini |
| Succeeded by | Giacinto Facchetti |
| Personal details | |
| Born | 16 May 1945 Bosco Chiesanuova, Kingdom of Italy |
| Spouse | Milly Moratti (m. 1971) |
| Children | 5 |
| Occupation | Businessman |
| Known for |
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Massimo Moratti (born 16 May 1945) is a very successful Italian businessman. He used to own the famous football club Inter Milan. He is also the chairman of the Saras Group. His father, Angelo Moratti, started this oil company in 1962.
The main place where Saras Group works is the Sarroch refinery in Sardinia. This is one of Europe's biggest oil processing plants. It can process 300,000 barrels of oil every day. This makes up about 15% of all oil refining in Italy. Recently, Saras Group started making electricity. They are also exploring green energy, like wind power.
From 1995 to 2013, Moratti was the chairman of Internazionale. He spent a lot of his own money, about €1.5 billion, to buy famous football players. He was known for signing superstars like Ronaldo in 1997.
He was later made Inter's honorary chairman. He also worked as a United Nations goodwill ambassador. In 2013, he was added to the Italian Football Hall of Fame.
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Massimo Moratti's Life and Work
Massimo Moratti is the fourth son of Angelo Moratti. His father was also the chairman of Football Club Internazionale Milano. Angelo led the team during its "Golden Age" from 1955 to 1968. Massimo was born in his family's home near Verona. He studied political science at a university in Rome.
His sister-in-law, Letizia Moratti, was the Mayor of Milan from 2006 to 2011.
When his father passed away, Massimo inherited shares in the Saras Group. This company works with refining oil. Today, he is the CEO of the Saras Group. Moratti also owns Sarlux, a company in Cagliari. Sarlux makes electricity from waste oil.
Massimo Moratti is married to Emilia Moratti. She is an environmental activist. They have five children together. In September 2009, Moratti was named a United Nations goodwill ambassador. This means he helps promote the UN's goals.
In April 2020, Forbes magazine listed him as one of the world's billionaires. His wealth was estimated at $1.4 billion.
Leading Inter Milan to Glory
Massimo Moratti became the chairman of Inter Milan in 1995. At that time, many people felt Inter was not performing as well as they should. During his 18 years as leader, Inter achieved great success.
Inter's Trophies Under Moratti
Inter won five Scudetti (Italian league titles) in a row from 2006 to 2010. This was a record at the time. They also won four Coppa Italia titles (2005, 2006, 2010, 2011). In addition, they won four Supercoppa Italiana titles (2005, 2006, 2008, 2010).
One of the biggest achievements was winning the UEFA Champions League in 2010. They also won the FIFA Club World Cup in 2010. In the 2009–2010 season, Inter won the Scudetto, the Coppa Italia, and the Champions League. This amazing feat is called the Treble. Inter was the first Italian team to ever achieve this.
Famous Player Signings
Moratti was known for spending a lot of money to bring top players to Inter. He spent about €1.5 billion of his own money on player transfers. His most famous signing was Ronaldo. He bought Ronaldo from Barcelona in 1997. At that time, Ronaldo was considered the best player in the world.
In 1999, Moratti bought striker Christian Vieri for a world-record fee of €48 million. He also signed many other famous players. These included Roberto Carlos, Hernán Crespo, Adriano, Iván Zamorano, Maicon, Roberto Baggio, Zlatan Ibrahimović, Luís Figo, Patrick Vieira, Samuel Eto'o, Alvaro Recoba, and Wesley Sneijder.
Changes in Leadership
Moratti was sometimes criticized for changing coaches very often. Only Roberto Mancini and José Mourinho stayed for a longer time and won trophies. Before Mancini, Moratti hired more than ten coaches who did not stay long. These included Roy Hodgson, Marcello Lippi, and Héctor Cúper.
In November 2013, a company called International Sports Capital took over 70% of Inter Milan. Indonesian businessman Erick Thohir became the new chairman. Moratti stayed with the club as the honorary chairman.
In June 2016, Moratti's company sold all its shares in Inter Milan. The shares were sold to Erick Thohir's company. Later, they were sold again to Zhang Jindong's Suning Holdings Group. As of 2018, Moratti's wife, Milly Moratti, was still on Inter's advisory board. However, Massimo Moratti himself was no longer the honorary chairman. Some other members of the Moratti family remained on the board of Inter Futura, a club subsidiary.
Images for kids
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In Spanish: Massimo Moratti for kids
See also
In Spanish: Massimo Moratti para niños
