On April 18th, Exor Group, the holding company of Agnelli family, the century-old Italian dynasty and the parent company of luxury sports car maker Ferrari, released its first annual report since listing on the Euronext Amsterdam exchange. The report showed that in 2022, the group’s net profit surged by 146% to €4.227 billion, mainly due to the net income of €2.424 billion from the sale of its insurance arm, PartnerRe, partly offset by a decrease in contributions from some subsidiaries and joint ventures. At the end of the year, the group’s net assets amounted to €28.2 bil …
