Giacomo Costa, the owner’s eldest son, entrepreneur and president of Confindustria Angelo, passed away at the age of 92. He was the eldest of the Costa heirs still alive. Confitarma is also in mourning.
Known as James III, to place him within a family tree in which two homonyms already appeared, he actively participated in the entrepreneurial life of the family by sharing the approach of “enlightened liberalism” of the father.
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The passenger fleet
He was also head of the Langano, a company that took its name from the only Costa ship that survived the destruction of the fleet after the Second World War. But above all, together with his father who was its soul, he did his utmost to implement the evolution of the fleet passengers della Costa, also increasing the number of ships.
It is also Giacomo, in 1976, faced with the sudden death of Angelo from a heart attack, who takes over the reins of the company, in particular for the maritime sector, together with his cousins Lorenzo and Mario.
The sale of cruises
Giacomo also personally experienced, in 1996, the sale of Costa Cruises, chaired for years by Nicola Costa, to American giant Carnival, which is still the controlling shareholder of the Genoese shipping company.