Horacio Pagani Net Worth: How Does He Made Money?

Horacio Pagani has a $125 million net worth. Horacio is an Argentine-Italian businessman and auto executive. His billion-dollar company in the auto industry makes him one of the richest people in the world.

Pagani is known as the “king of carbon” and the “undisputed grandmaster” of working with this special material, which is now used to make race cars and a wide range of other things that need to be both light and strong.

In 1955, he starts his journey in the grasslands of Casilda, Argentina, which is a long way from the stretch of asphalt in Italy called Motor Valley, where his namesake supercar brand makes cars along with Ferrari, Lamborghini, and Maserati.

Pagani has always been interested in engineering, and he eventually worked as a craftsman in his small shop. At the age of 20, he designed and built his most famous F3 racer. It quickly became well-known among sports car fans.

Pagani worked for some of the most famous car companies in the world, like Lamborghini and Renault, before starting Pagani Automotive S.p.A., an Italian specialty car company that made him famous.

He also owns and runs the consulting company “Pagani Automobili Modena,” which makes the “Zonda,” which is the company’s most famous sports car. The company makes carbon fiber composites for “Equation One” cars, and Daimler, Aprilia, and Ferrari are among its clients.

Early Life of Horacio Pagani

Horacio Pagani was born on November 10, 1955, in the town of Casilda, Argentina. From the province of Como, his great-grandfather moved to Argentina. His baker father, Luca, was from Italy, and his artist mother was also from Italy. He became interested in engineering while he was still living in his home country.

Pagani got a lot of ideas from the cars in his neighborhood and from the occasional Italian car magazine. When he was eight years old, he rode his bike after a local man’s 1963 Jaguar E-Type so he could sit and look at it for hours while it was parked.

Pagani started making things when he was ten years old. He started by drawing, then moved on to carving model cars out of wood. But he knew from the beginning that the small town where he was born would not be enough to help him get the engineering job he wanted.

At age 12, he hid in his small room and made models of sports cars out of balsa wood and pieces of chocolate cans. At age 15, he built a motorcycle and rode it all over his hometown of Casilda.

He moved to La Plata to study Fine Arts and engineering at the same time. At the age of 20, he planned and built his first F3 racer.

Personal Life of Horacio Pagani

Pagani got married to Cristina Pagani, and the two of them went on a trip from South America to Europe.
At the time of their divorce, they had been married for more than twenty years and had two children, Christopher and Leonardo Pagani. They officially got divorced in 2017, but there are a lot of different stories about why.

Net Worth of Horacio Pagani

Horacio Pagani has a net worth of about $125 million as of 2022. He made most of his money as the founder, Chief Designer, and CEO of the company Pagani. It is thought that he makes around $20 million a year. He has worked for Renault and Lamborghini, two of the most famous car companies in the world, which has only added to his wealth. He went on to start his own business, which made beautiful sports cars that sold for millions of dollars.

Also Read: Peter Navarro Net Worth: What Did He Do For a Living?

Beginning of Horacio Pagani’s Career

Pagani opened a small shop where he worked when he was young. This gave him important experience in making things. Pagani built a Formula 2 car for the official Renault team when he was 23 years old.

His mentor, the famous racing car coach Oreste Berta, took him to see Juan Manuel Fangio. Fangio listened to his ideas and then wrote five letters to the top Italian sports car makers. Lamborghini, on the other hand, did not ignore it.

Breakthrough of Horacio Pagani

Pagani got his big break as a talented engineer when Renault hired him to improve the body of a racing car. After having some success on a small scale, Pagani went to work in Italy for Lamborghini. He started out by sweeping the floor, but he worked his way up through the company.

Pagani became the head engineer and came up with the idea for the Countach Evoluzione. He also worked on the Diablo and the P140. He tried to get Lamborghini to buy an autoclave so that they could make more parts for the Evoluzione out of carbon. They didn’t agree, saying that Lamborghini didn’t need an autoclave because Ferrari didn’t have one.

Pagani borrowed money to buy his own autoclave at the end of 1987. In 1991, he left the company and started his own business in San Cesario Sul Panaro called “Modena Design,” which later became Pagani Automobili, a small company that makes craft cars.

His first car, the Zonda, took 7 years to finish. It was supposed to be called Fangio F1, but it was finished after the Argentinean driver died, so Pagani decided to call it Zonda, which is the name of the wind that blows over the Andes. He showed it to the world at the 1999 Geneva Motor Show.

Zonda was made in many unique versions that sold for much more than EUR 1 million each. At one point, a customer paid 15 million euros for a Zonda HP Barchetta, but Pagani only made three of them.

A Zonda Revolucion version came out in 2013. It had an AMG V12 engine with 800 horsepower and cost a crazy EUR 2.2 million. Its limited edition Pagani Zonda 760 Coupé was very popular, and Formula One champion Lewis Hamilton has one.

His second car, the Huayra, was made in 2011. It was based on sport prototype cars and was named after the Incan god of the wind, Huayra Tata.

Final Words

Horacio Pagani is an Argentine-Italian businessman and auto executive. His billion-dollar company in the auto industry makes him one of the richest people in the world. He designed and built his most famous F3 racer, which quickly became well-known among sports car fans. He was married to Cristina Pagani for more than 20 years, but they got divorced in 2017. He has worked for Renault and Lamborghini, two of the most famous car companies.

Pagani started his company in 1987, which later became Pagani Automobili. His first car, the Zonda, took 7 years to finish. It was supposed to be called Fangio F1, but after the driver died, he decided to call it Zonda.