Flavio Briatore net worth 2024 | salary & investments

Who is Flavio Briatore?

Flavio Briatore is best known for his successful history within Formula One. He was team principal of both Benetton and Renault, winning world championship titles with famous drivers like Michael Schumacher and Fernando Alonso. Currently, Briatore is also the manager of Fernando Alonso. He owns various ventures, including restaurants, nightclub chains, and the Billionaire Italian Couture brand. Additionally, he used to own the football club Queens Park Rangers F.C., but later sold it.

Briatore is perhaps best known for the 'crashgate' incident during the 2008 Singapore Grand Prix, where he orchestrated Nelson Piquet's crash to help Fernando Alonso win. He was banned from Formula One by the FIA, but his ban was rescinded in 2010. He returned to F1 in June 2024 with an Executive Advisory role for Alpine.

Briatore has invested in multiple companies and owns a yacht called 'Force Blue'.

The net worth of Flavio Briatore

All of Flavio Briatore's success within Formula One and his career as an Italian businessman have contributed to an immense net worth. The estimated net worth of Flavio Briatore is currently $400 million.

Flavio Briatore Salary

Currently, Flavio Briatore is Executive Advisor for the F1 Alpine Team since June 2024. Now, through various business ventures and activities, Briatore is set to begin a new chapter with 'Team Enstone.' He will assist Renault executives in their mission to propel Alpine up the F1 grid. It isn't known what salary Flavio Briatore will receive from Alpine.

What did Flavio Briatore do when he was young?

Flavio Briatore was born in 1950 in Verzuolo and, as a young man, he earned the nickname 'Tribula,' signifying his restless nature and determination to achieve his goals. In his village, where everyone received a nickname, Briatore stood out for his hard work.

He eventually opened his first restaurant named 'Tribula.' Following this, he ventured into finance with Campagnia Generale Industriale, which later went bankrupt. Briatore was convicted of fraud related to the bankruptcy. In 1986, he received a three-year prison sentence for fraud involving one of his own companies. Luckily for the Italian, he never had to serve his sentence. Later, he began working for Luciano Benetton, where he was introduced to Formula One and eventually became the team principal of Benetton.

Flavio Briatore yacht

The 'Force Blue' yacht is owned by Flavio Briatore and has an estimated value of $20 million. The estimated annual running costs are around a staggering $2 million. The Force Blue was built in 2002 by Royal Denship.