Instead of retiring, he built one of Italy’s largest technology companies. Below is his story.
When many would retire, Giuseppa Crippa saw a multi-million dollar opportunity. The businessman received compensation at age 60 and invested it to become one of the Italian millionaires. With this money he founded Technoprobeone of the largest probe card manufacturers in the world, with clients such as: Apple, Qualcomm, Samsung, Nvidia, AMD, Intel and TSMC.
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Before become one of the main technology producers in your countryGiuseppa served as a semiconductor manufacturer at STMicroelectronics (STM) for 35 years, until his dismissal in 1995. The company he launched was slow to succeed but made him debut on the Forbes list of the world’s biggest millionaires in 2022. This was possible because of their 446 million dollars in revenue, with 136 million in net profits.
How Giuseppa Crippa, Italian billionaire, made his fortune
The current CEO of Technoprobe, Stefano Felici commented on the characteristic that made Giuseppa successful in a Forbes interview. He described that: “He was very ingenious. To repair a sonar card, it had to be shipped to the United States and it took two weeks. So Crippa devised a process to do it in his own kitchen”. The CEO of the company is the nephew of the founder. Giuseppa also added his son as CEO and co-president.
Embed – Sew a probe card (in 120 seconds) – Technoprobe
The reason that catapulted the fortune of the Crippa family was that the probe card producer entered the Euronext Growth stock exchange in Milan at the beginning of 2022. Its premiere was an immediate success, since it made the owners of the company one of the richest in Italy because they still protect 75% of the shares in their company. The actions did not show slowdowns due to the constant innovations in the cell phone and tablet markets and for automobile screens and sensors.
Giuseppa Crippa’s net worth in 2024
Giuseppa Crippa family.jpg
Forbes
Forbes magazine closely followed the growth of the Italian family’s fortune. Giuseoa Crippa and her family became one of the millionaire groups in their country, with a current fortune of 4.9 billion dollars.
