Businessman

Leonardo Del Vecchio

Quick Facts

FactDetails
Full NameLeonardo Del Vecchio
Date of BirthMay 22, 1935
Place of BirthMilan, Italy
Date of DeathJune 27, 2022
Place of DeathSegrate, Italy
Age at Death87
OccupationFounder and chairman of Luxottica
Known ForSunglass Hut, LensCrafters, Ray-Ban, Oakley
Children6, including Claudio Del Vecchio
Net Worth at Death$24.1 billion
Business AchievementsFounded Luxottica, the world’s largest producer and retailer of glasses and frames
Early LifeBorn to an impoverished family from Barletta, Southern Italy; grew up in an orphanage
Career BeginningsHe began as an apprentice to a tool and die maker, and later turned metalworking skills into spectacles
Key Company MilestonesFounded Luxottica in 1961, acquired Scarrone (1974), set up a first international subsidiary in Germany (1981), a licensing deal with Giorgio Armani (1988), listed in New York (1990) and Milan (2000)
Other InvestmentsOwned a 10% stake in Italian investment bank Mediobanca

Leonardo Del Vecchio Net Worth

Leonardo Del Vecchio net worth is approximately $25.7 billion.

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