 Born in Macerata, he was vice-minister of Economy and Finance in Silvio Berlusconi's second and third governments, from 2001 to 2006.Since February 2009, Baldassarri has been the President of the Confederation of Italian Entrepreneurs Worldwide (CIIM), an organization founded in 2004 under the auspices of the Italian Minister of Foreign Affairs and the Minister of Italians Living Abroad to create synergies between entrepreneurs in Italy and Italian businesses operating abroad.He has three children