Helbiz

Helbiz

Helbiz began as an electric scooter and bike-sharing operator in Italy, later incorporated in the US and publicly listed via a SPAC merger in 2021 (per SEC filings, 2021). The family office, also named Helbiz, manages the personal wealth of founder Salvatore Palella, who retains a controlling stake in the public company. Wealth origin traces to the founder's equity in Helbiz Inc., which operates across more than 40 cities globally. Strategy focuses on mobility infrastructure and real estate: the office has acquired parking facilities and last-mile logistics hubs in European urban centers. Asset-class mix includes public equities (the core Helbiz stake), direct real estate, early-stage venture in mobility tech, and infrastructure. Known investments include a partnership with a Milan-based parking operator and a logistics real estate development in Rome (per company filings, 2022). Geographic footprint spans Italy, the United States, and select European markets. Team size is not publicly disclosed; the office appears to operate with a lean staff alongside the public company's executive team. No additional offices beyond New York have been confirmed. There is no publicly identified philanthropic arm. Recent activity: Helbiz Inc. restructured operations in 2024 to reduce debt and focus on profitability, which indirectly affects the family office's capital base. Helbiz's structural differentiator is its tight integration with an operating company: the family office's capital is essentially a byproduct of the founder's public-company equity, and its investment strategy mirrors the parent company's operational needs — deploying into assets that support or complement the micromobility business. This makes it more an operating-company investment vehicle than a traditional family office with diversified third-party mandates.