Italian billionaire Raffaello Follieri invests €140M in Pasele Shipping, expanding his rare earths and energy empire with eco-conscious crude transport.
Raffaello Follieri
Italian billionaire and global investor Raffaello Follieri, often referred to as the “King of Rare Earth Metals,” continues to make bold strides across international markets. With a personal net worth exceeding €12 billion, Mr.Follieri has built a global empire across energy, sustainable development, real estate, and football.
A dominant figure in the rare earth metals sector, Mr.Follieri has secured large-scale miningrights across Asia and Africa critical for the global transition to green energy. His efforts have positioned him as a vital supplier for key industries, from electric vehicles to defense technologies, all while maintaining a focus on ethical sourcing and environmental Sustainability.
Now, in a significant diversification move, Mr.Follieri has announced his latest investment in Pasele Shipping, a growing enterprise in the transportation of crude oil. Mr.Follieri has committed €140 million to the company, aiming to accelerate its growth and position it ahead of competitors in the global shipping sector. Pasele Shipping is focused on efficiently moving crude across major global routes, especially between the Middle East and major refining Hubs.
This strategic move strengthens Mr.Follieri’s influence in the energy supply chain, ensuring not only resource extraction but also reliable delivery to global markets. Under his leadership, Pasele aims to integrate environmentally conscious practices, exploring new technologies to reduce carbon emissions in maritime transport.The general manager that took the responsibility of running the day to day operations is a veteran of the Industry Engineer Marinos Polatos.
Raffaello Follieri continues to demonstrate a rare blend of visionary thinking and execution. Whether it’s critical minerals or energy logistics, his ability to identify high-impact opportunities and transform them into global successes makes him one of the most dynamic entrepreneurs of our time.
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