Many fans are curious about Flavio Briatore's financial success in April 2026. Our team analyzed the latest data to provide a clear picture of their income.
What Is Flavio Briatore's Net Worth and Salary?
Start of Formula One Career
In the 1980s, he was convicted on several charges of fraud and received two prison sentences he ultimately never served. After Briatore was accused of race fixing at the 2008 Singapore Grand Prix, he was forced to resign from the ING Renault F1 team. After the FIA completed its own investigation of the allegations, Briatore was banned from any events sanctioned by the FIA. This decision was eventually overturned by the French Tribunal de Grande Instance.
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While Briatore was a fugitive, he kept his close relationship with Benetton, and opened Benetton stores in the Virgin Islands. Due to Benetton's franchising methods, the chain experienced a spike in popularity in the United States in the '80s, and because Flavio had taken a cut of each franchising agreement, he became extremely wealthy.
In the '80s, Briatore was convicted on several counts of fraud. He was fined and initially sentenced to one year and six months in jail in 1984 but later had his sentence reduced to just one year. In 1986, he was convicted again and sentenced to three years for fraud and conspiracy related to a number of gambling games he had helped rig. An appeal followed in 1987, reducing his sentence to one year and two months. However, to avoid imprisonment, Flavio lived as a fugitive in Saint Thomas in the Virgin Islands. Never actually going to jail, he returned to the European Union after both of his convictions were extirpated by amnesty.
Flavio Briatore is an Italian businessman who has a net worth of $400 million. Flavio Briatore is probably best known for being the former manager of two Formula One racing teams. The most recent team was Renault F1. Flavio Briatore was also part-owner and chairman of London's Queens Park Rangers F.C. from 2007 to 2010.
In 1988, Briatore attended the Australian Grand Prix, his first Formula One race. Subsequently, Luciano Benetton appointed him the commercial director of his team, Benetton Formula Ltd. When the team management was fired shortly after, Flavio was promoted to managing director and went to work turning Benetton into a competitive team. To do this, he brought on young up-and-coming driverMichael Schumacherand built the team around the rising star. Schumacher went on to claim victories at the Belgian Grand Prix in 1992 and the Portuguese Grand Prix in 1993, before winning the World Drivers' Championship in both 1994 and 1995. In the latter year, the Benetton team came out on top at the World Constructors' Championship. However, Briatore and the team came under fire for cheating, which resulted in fines and a two-race ban for Schumacher.
Early Life and Career Beginnings
Flavio Briatore was born on April 12, 1950, in Verzuolo, Italy. He is the son of elementary school teachers. As a youth, he twice failed public school, leading him to attend the private independent school Fassino di Busca. Briatore found work as a restaurant manager and ski instructor and then as a door-to-door insurance salesman. In the '70s, Flavio moved to Cuneo, Italy, where he became an assistant to businessman Attilio Dutto. After this, Briatore moved to Milan to work for Finanziaria Generale Italia at the Italian stock exchange. It was during this time that he met the founder of the Benetton clothing company,Luciano Benetton.
In the mid-1990s, Flavio bought the floundering Ligier team and took over the complete management of Benetton. Soon after, Schumacher and several key technical staffers left the team, leaving Benetton to slip in status. Briatore was eventually replaced with David Richards at Benetton in 1997. During the following years, he led the engine company Supertec.
In summary, the total wealth of Flavio Briatore reflects strategic moves.
Disclaimer: All net worth figures are estimates based on public data.