Italian Canadian businessman Sergio Marchionne has an estimated net worth of $6o million in 2012.

Sergio Marchionne was born on June 17, 1952 in Chieti, Italy. He is a graduate of the University of Toronto where he earned a degree in philosophy, and the University of Windsor where he completed his MBA and Bachelor of Commerce degree. He also attended Osgoode Hall Law School of York University where he finished his law degree in 1983.

Marchionne is known to play a crucial role in the turning around of the FIAT group into one of the fastest growing companies in the automobile industry. He is also instrumental in moving the U.S. auto group Chrysler from bankruptcy to profitability.

He currently serves as the Chief Executive Officer of Fiat S.p.A., and Chrysler Group LLC where he also sits as the Chairman. Furthermore, he sits as the Chairman of Fiat Industrial S.p.A. and CNH, its principal subsidiary. He is also a member of the Board of Directors of Philip Morris International, a company that specializes on producing and manufacturing tobacco and cigarettes. He also serves as the Chairman of SGS which is currently based in Switzerland.