Age, Biography and Wiki

Rino Formica was born on 1 March, 1927 in Bari, Italy, is an Italian politician. Discover Rino Formica's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 97 years old?

Popular As N/A
Occupation Chartered accountant, politician
Age 97 years old
Zodiac Sign Pisces
Born 1 March, 1927
Birthday 1 March
Birthplace Bari, Italy
Nationality Italy

We recommend you to check the complete list of Famous People born on 1 March. He is a member of famous politician with the age 97 years old group.

Rino Formica Height, Weight & Measurements

At 97 years old, Rino Formica height is 1.68 m (5 ft 6 in) .

Physical Status
Height 1.68 m (5 ft 6 in)
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Rino Formica Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Rino Formica worth at the age of 97 years old? Rino Formica’s income source is mostly from being a successful politician. He is from Italy. We have estimated Rino Formica's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income politician

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Timeline

1927

Salvatore Formica (born 1 March 1927), best known as Rino Formica, is a former Italian politician.

Formica was born in Bari.

He became a member of national importance of the Italian Socialist Party (Italian: Partito Socialista Italiano, or simply PSI) during the leadership of Bettino Craxi.

1980

He was several times Minister of the Italian Republic starting from 1980.

He was Minister of Budget in the Spadolini II Cabinet, whose fall was caused by a quarrel between Formica and the other economy minister Beniamino Andreatta.

Formica was strongly critical of the PSI's transformation from a popular, social-based party into one involved in numerous corruption and official malfeasance scandals under Craxi.

1990

He declared "the convent is poor, but the monks are rich" (in reference to PSI's financial problems, where its members were instead increasingly well endowed), and defined PSI's national assembly as "a court of dwarves and ballerinas. Formica was one of the numerous PSI members involved in the Mani Pulite scandal of the early 1990s, although he was acquitted in the two trials raised against him. After Craxi's resignation as PSI national secretary in 1993, he supported Claudio Martelli as his successor. In 1994 he was not re-elected to the Italian Parliament for the first time since the 1970s.

2003

In 2003 he founded a post-Socialist party called Socialismo è Libertà and later adhered to the new Italian Socialist Party, a small-sized formation of socialists who did not join the Democratic Party.