Early Life and Career
This is PierVago’s story in his own words: My name is Pierfrancesco Vago, and I was born in Milan, Italy. Having started his career in the shipping industry and acquiring an unprecedented track record, he joined MSC Cruises—one of the world’s largest cruise lines—in 2001. Vago’s high business acumen and visionary leadership saw him named CEO in 2004 until he finally retired from the position in March 2013. MSC Cruises has grown significantly under his leadership, bringing in a new era of innovation and luxury.
Family
Pierfrancesco Vago is married to Alexa Aponte Alexe, who also happens to be the daughter of Gianluigi Aponte – founder and chairman of MSC (Mediterranean Shipping Company). The maritime industry is better for it with people like Alexa Aponte Vago, who shares the CEO and President titles of MSC Group. Compassionate at heart, Sandrine and Curtis share three children, but their hectic career schedules do not deter them from keeping a close-knit family, as they are often seen traveling to various corporate events or social occasions.
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Vago has served as Executive Chairman of MSC Cruises for the last several years. A pioneer in the design and deployment of new ships, with a clear emphasis on sustainable practices as well as incorporating leading-edge technology. Another major project for DeCurtis has been Ocean Cay MSC Marine Reserve in the Bahamas, a private island that hosted its first visitors on December 5, 2019. The island is a testament to MSC Cruises’ dedication to preserving the environment and providing guests with an exclusive, high-end experience.
In 2023, Vago’s leadership received further recognition when he became Chairman of the Cruise Lines International Association (CLIA), a global trade organization representing the cruise industry in North and South America, Europe, and Asia. This position allows him to effect change in industry standards and make sustainability widespread throughout the sector.
Pierfrancesco Vago Net Worth
Pierfrancesco Vago’s net worth is $1.5 billion. Most of his wealth comes from a big stake in MSC Cruises and other businesses at the MSC Group. This trait, together with his discretionary investments and breakaway success in the cruise industry, has now firmly turned him into a billionaire.