Horacio Pagani Net Worth 2024

What Is Horacio Pagani’s Net Worth?

Horacio Pagani is an Argentine-Italian entrepreneur, engineer, and auto govt who has a net worth of $100 million. Horacio Pagani is greatest identified for being the founding father of the Italian specialty auto-maker Pagani Automobili S.p.A. (also referred to as merely Pagani). He beforehand labored for Lamborghini and Renault. After founding Pagani in 1992, the Zonda was the primary automobile Horacio produced. Pagani vehicles have been identified to promote for thousands and thousands of {dollars} proper out of the gate. Some particularly fascinating Paganis have been identified to fetch $10-20 million at public sale.

Early Life

Horacio Pagani was born on November 10, 1955, in Casilda, Argentina. He is the son of Luca and Maria Pagani. Luca was a baker from Italy. In 1974, Horacio enrolled on the National University of La Plata, the place he studied industrial design. He later studied mechanical engineering on the National University of Rosario. Pagani began making vehicles from balsa wooden at an early age, and a few of these vehicles are on show within the Pagani showroom.

Early Career

Horacio turned concerned with engineering whereas he was dwelling in Argentina, however he felt that the agricultural setting would not be the proper place to pursue an engineering profession. In 1977, he opened an 80 sq. meter store he dubbed the “manufacturing unit.” He was the one employee, and his first job was to provide excessive benches for a brand new native bar. When Pagani was 20, he designed and constructed an F3 racer, and within the early ’80s, he moved to Italy to pursue his dream of constructing a super-car.

Lamborghini

After Horacio discovered success bettering the our bodies of Renault’s racing vehicles, he met with Giulio Alfieri, the chief technical director of Lamborghini, and was employed to do fundamental jobs, reminiscent of sweeping. Pagani labored his approach up on the firm, ultimately changing into the chief engineer, and in 1985, he constructed the Countach Evoluzione, “the primary automobile fully product of composite supplies.” When Lamborghini refused to purchase an enclave to help within the manufacturing of carbon components for the Countach Evoluzione, Horacio borrowed cash to purchase an enclave of his personal in 1987.

In 1991, Pagani left Lamborghini and based the consultancy Modena Design, which manufactures carbon fiber composites for racing vehicles.

(Photo by Jean-Marc ZAORSKI/Gamma-Rapho through Getty Images)

Pagani Automobili Modena

The following yr, Horacio established Pagani Automobili Modena and started engaged on the Zonda, which he accomplished seven years later. In 2011, he produced the Huayra, named after the Incan god Huayra-tata, who is named the “Father of Wind.” Today a Pagani Huarya will set you back $3-4 million:

SEBASTIAN DERUNGS/AFP/Getty Images

In June 2022, Horacio was honored with the Associazione per il Disegno Industriale’s Compasso d’Oro award within the “Design for mobility” class. The Compasso d’Oro is “the world’s oldest and most distinguished design award.” Pagani stated of the award:

“For me it’s an honour to be acknowledged as probably the greatest designers and an excellence of Italian design by the ADI jury, however I wish to stress that this award have to be shared with the Pagani design and engineering group that has labored by my aspect ever since this glorious journey started. Without their frank and fixed suggestions, the eagerness they put into their work every single day, none of this is able to be potential.“

In September 2022, Pagani Automobili unveiled its latest automobile, the Utopia, at Milan’s National Science & Technology Museum. Only 99 Utopia’s will ever be produced and every automobile will initially price $2.2 million.

Personal Life

Horacio and his spouse, Cristina, divorced in 2017, they usually have two sons collectively, Christopher and Leonardo.