People · #51 of 100 Net worths as of Sep 24, 2026
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#51 of 100 · Finance

Andrea Pignataro

Financial Software
Net worth
$41.2B
Forbes Real-Time · as of Sep 24, 2026
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Latest moves

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Recent SEC filings

This person doesn't file with the SEC.

Footprint

Companies

ION Group (ION Investment Group)Founder & CEO
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Role
Founder & CEO; owner (London-based financial data/software group; owns Dealogic, Fidessa, Mergermarket)
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ION Platform (combined ION Markets, ION Corporates, ION Analytics; >$10B refinancing in 2025)Controlled via ION Group
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Role
Controlled via ION Group; bond issuer
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Acuris (Mergermarket, Debtwire) — majority acquired 2019 for ~£1.35bnOwned via ION · as of 2019
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Role
Owned via ION (BC Partners retained 25% at the time)
Stake as of
2019
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Cedacri (Italian bank IT outsourcing, acquired 2021)Owned via ION
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Cerved Group (Italian credit data, acquired 2021 with GIC)Owned via ION
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Prelios (Italian bad-loan/real-estate servicer; ~€1.35bn deal completed 2024)Owned via ION · as of 2024
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Canouan Group (hospitality on Canouan island, St. Vincent & the Grenadines, incl. Mandarin Oriental resort)Owner
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Stakes

LAMDA Development (Athens-listed; Ellinikon developer)LAMDA · 2% · as of Aug 2025
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FSI SGR (Italian growth-equity fund manager) — ION bought 9.9% from Magenta 719.9% · as of 2023
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TNB (new Italian digital bank backed by FSI and Azimut) — planned ~6% stake~6% · as of Jun 2025
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Stake
~6% (planned)
Stake as of
2025-06
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Banca Monte dei Paschi di Siena (stake held by ION, size not stated; as of Jan 2024)BMPS · as of Jan 2024
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Cassa di Risparmio di Volterra (ECB approved qualifying holding, 2023)as of Jul 2023
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illimity Bank — ~9.4% via FermION Investment Group; reported tendered into Banca Ifis takeover (2025)ILTY · ~9.4% · as of 2025
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Ticker
ILTY
Stake
~9.4% (pre-tender)
Stake as of
2025
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Investment vehicles

FermION Investment Group Limitedholding co
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Type
holding co
Notes
Pignataro-linked vehicle that held ~9.4% of illimity
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ION Investment Group Ltdholding co
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Type
holding co
Notes
Top holding company of ION businesses
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Private deals

ION signed €450M deal with LAMDA Development to build a Global R&D and Innovation Campus at The Ellinikon, Athens…Aug 2025
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In full
ION signed €450M deal with LAMDA Development to build a Global R&D and Innovation Campus at The Ellinikon, Athens, plus 2% LAMDA stake; total ION investment estimated >€1.5bn through 2030
Date
2025-08-28
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ION Platform completed >$10B (equivalent) refinancing and exchange offer combining ION Markets, Corporates and AnalyticsOct 2025
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ION sought ~€600M preferred-equity PIK financing; several lenders withdrew, talks with incumbent lender HPSJul 2025
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ION stepped up buybacks of its own discounted bonds as short sellers targeted its debtMar 2026
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ION plans ~6% stake in TNB digital bank backed by FSI and AzimutJun 2025
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ION partnered with Coinbase to support Kalshi's event contractsSep 2026
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Real estate

Canouan island, St. Vincent and the GrenadinesCollection of luxury villas and hotels…
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Type
Collection of luxury villas and hotels / 1,200-acre estate incl. Mandarin Oriental resort
Via
Canouan Group
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The Ellinikon, Athens, GreeceLand for research & innovation campus… · €450M · Aug 2025
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Type
Land for research & innovation campus (commercial)
Price
€450M
Date
2025-08
Via
ION Group
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Trophies

Mandarin Oriental resort and hospitality assets on Canouan island via Canouan Group
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Legal & regulatory

Agreed to pay €280M to Italian tax authorities (in instalments over five years) to settle probe into alleged tax…
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In full
Agreed to pay €280M to Italian tax authorities (in instalments over five years) to settle probe into alleged tax evasion over claimed Swiss residency; Bologna prosecutors had sought up to €1.2bn
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Bologna prosecutors dropped the criminal tax case following the settlement
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Italy's Council of State backed Cedacri's appeal and annulled golden-power curbs requiring bond proceeds be reinvested…
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In full
Italy's Council of State backed Cedacri's appeal and annulled golden-power curbs requiring bond proceeds be reinvested (Dec 2025)
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Bank of Italy studied ION's complex ownership structure after its Italian financial-sector acquisitions (Reuters, Jan…
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In full
Bank of Italy studied ION's complex ownership structure after its Italian financial-sector acquisitions (Reuters, Jan 2024)
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Landlords in Sydney, Munich and Connecticut blocked access or threatened eviction over late ION rent; ION says…
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In full
Landlords in Sydney, Munich and Connecticut blocked access or threatened eviction over late ION rent; ION says Sydney/Munich amounts settled (Aug 2026). Group debt ~ $10B, ~$800M/yr debt service
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S3 Partners sued ION's Fidessa over an unpaid $6.25M capital commitment (2023)
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Giving

ION Foundation — $12M gift for ION Management Science Lab, University of Utah Eccles School (2024)
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ION Foundation — €10M gift for ION Management Science Lab, HEC Paris
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Research gaps: Pignataro's personal ownership % of ION not disclosed. Size of ION's Monte dei Paschi stake not found (only that ION held one as of Jan 2024); current status post MPS–Mediobanca merger unverified. Whether TNB stake closed unverified. No verified personal residential real estate beyond Canouan; Forbes lists residence St. Moritz. No SEC CIK (no US filings). ION Foundation EIN not verified (likely non-US).

What to watch

ION Platform Q3 2026 results and bond prices (Q2 revenue $634.5M, EBITDA $430.9M; €600M 2032 bond ~78.6 in July)
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Further ION bond buybacks / short interest in ION debt
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Resolution of remaining office rent disputes (Connecticut)
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Progress on Ellinikon R&D campus (completion targeted 2030)
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Rollout of ION–Coinbase support for Kalshi event contracts
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