Quick Facts
Fact | Details |
---|---|
Full Name | Leonardo Del Vecchio |
Date of Birth | May 22, 1935 |
Place of Birth | Milan, Italy |
Date of Death | June 27, 2022 |
Place of Death | Segrate, Italy |
Age at Death | 87 |
Occupation | Founder and chairman of Luxottica |
Known For | Sunglass Hut, LensCrafters, Ray-Ban, Oakley |
Children | 6, including Claudio Del Vecchio |
Net Worth at Death | $24.1 billion |
Business Achievements | Founded Luxottica, the world’s largest producer and retailer of glasses and frames |
Early Life | Born to an impoverished family from Barletta, Southern Italy; grew up in an orphanage |
Career Beginnings | He began as an apprentice to a tool and die maker, and later turned metalworking skills into spectacles |
Key Company Milestones | Founded 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 Investments | Owned a 10% stake in Italian investment bank Mediobanca |
Leonardo Del Vecchio Net Worth
Leonardo Del Vecchio net worth is approximately $25.7 billion.