Giuseppe Volpi

Giuseppe Volpi, 1st Count of Misurata (19 November 1877 – 16 November 1947) was an Italian businessman and politician.

Giuseppe Volpi
Volpi in 1925
Minister of Finance
In office
10 July 1925 – 9 July 1928
Preceded byAlberto De Stefani
Succeeded byAntonio Mosconi
Personal details
Born19 November 1877
Died16 November 1947 (aged 69)
Resting placeSanta Maria Gloriosa dei Frari
NationalityItalian
Political partyNational Fascist Party
Tomb in Santa Maria Gloriosa dei Frari

Count Volpi developed utilities, which had brought electricity to Venice, northeastern Italy and the Balkans by 1903.[1] In 1911–1912, he acted as a negotiator in ending the Italo-Turkish War.[2] He was the governor of the colony of Tripolitania[3] from 1921 until 1925.

As the Kingdom of Italy's Minister of Finance from 1925 until 1928, Volpi successfully negotiated Italy's World War I debt repayment with the United States[4] and with the United Kingdom,[5] pegged the value of the lira to the value of gold, and implemented free trade policies.[6] He was replaced in July 1928 by Antonio Mosconi.[7]

Volpi also founded the Venice Film Festival. His son is the former automobile racing manager and Formula One team owner Giovanni Volpi (B. 1938). His granddaughter via his daughter Countess Annamaria Volpi di Misurata was Countess Marina Cicogna (1934-2023) who The New York Times described as "the first major female Italian film producer" and "one of the most powerful women in European cinema".[8]

Volpi was president of the Confindustria from 1934 to 1943.[9] He was removed from this position and expelled from the Grand Council of Fascism after he opposed the continuing of the war and Italy's alliance with Hitler. He was arrested by the SS after trying to escape to Switzerland.

Volpi who was a leading figure of the National Fascist Party, underwent a series of legal proceedings for his responsibilities during the fascist regime after the war. His illness prevented him from appearing before the judges, but, thanks to the Togliatti amnesty he was acquitted of all charges, after a life spent at the top of the Fascist Party.[10]

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Government offices
Preceded by Governor of Tripolitana
1921–1925
Succeeded by
Preceded by Italian Minister of Finance
1925–1928
Succeeded by
Business positions
Preceded by
Alberto Pirelli
President of Confindustria
1934–1943
Succeeded by
Giovanni Balella