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“I am proof that you can you make money in Italy and be honest”.
|Date of Birth||22 May 1935|
|Source of Wealth||Eyeglass|
Leonardo Del Vecchio’s brand firm, Luxottica played a pivotal role in the international market and gradually became the global leader. It employed a total of 77,000 employees across 7,000 stores and dominated the famous Italian brands like Vogue, Lens Crafters, and Persol.
Leonardo Del Vecchio paved a way towards achievement and success with his acquisition in Ray-Ban, an iconic American brand and further by acquiring one of the leaders in the sunglass business, Oakley in a deal that was worth $2.1 Billion.
Leonardo Del Vecchio’s company also the manufacturers for biggest luxury brands including Ferragamo, Chanel, Versace, Prada, Armani, Ralph Lauren, Tiffany, and DKNY- acting as icing on the cake to Leonardo Del Vecchio’s net worth.
He is an integral stakeholder in Italian insurance giant Assicurazioni Generali, French real estate company Foncière des Régions and Italian bank UniCredit, and continues to buy up more stakes in these enterprises.
Luxottica, the world leader in the eyeglass was founded by Leonardo Del Vecchio.
Leonardo Del Vecchio owns the 62-meter long super yacht, Moneikos. The world class yacht has plenty of guest cabins, three twin cabins, and four double cabins.
Leonardo Del Vecchio owns a considerate 62-meter long luxury motor yacht, Moneikos. The name of his sailboat is derived from the Greek word Moneikos which is ideally the origin of the current name of Monaco.
The Multi-Billionaire, Leonardo also holds the shares through his family’s Luxembourg-based closely held holding company, Delfin, and is credited with all of the shares to reflect his status as company founder and chairman.
Leonardo Del Vecchio, a member of an impoverished Milanese family, from the age of seven, started living under the care of nuns in an orphanage, when his father passed away. They gave him education up to a high school level.
His father died five months before his birth and at the very early age of 14, he started supporting his family by working as an apprentice to a tool manufacturer in Milan.
Leonardo Del Vecchio with his passion about glass frames had moved to Agordo, a place that comprises of all the players of the eye glass industry, and he gradually moved into the business of assembly glasses.
Leonardo was honored the Knight of the Order for Labor Merit in 1986 by the President of the Republic of Italy.
Leonardo Del Vecchio acquired shares in sunglass business, Oakley under a deal that was worth $2.1 Billion.