Raffaello Follieri: Billionaire Investor Expands Into Global Shipping with Pasele Shipping
Updated On: 19 August, 2025 04:52 PM IST | Mumbai | Buzzfeed
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.

