
Leonardo Del Vecchio & family
$23422.9B
Milan, , Italy
Biography
Vision visionary Leonardo Del Vecchio founded eyewear giant Luxottica in 1961, at the age 25.
Over the years, Luxottica acquired Sunglass Hut, Ray-Ban and Oakley and grew to make glasses for virtually every brand, including Bulgari and Chanel.
In 2018 Luxottica merged with French lens maker Essilor, creating the world's largest producer and retailer of sunglasses and prescription glasses.
Del Vecchio was sent to an orphanage at age 7 because his widowed mother could not afford to support her 5 children.
He began apprenticing at a car and eyewear parts factory at age 14 to put himself through design school before striking out on his own a decade later.
Financial Assets
Assicurazioni Generali
MILAN: G-ITShares: 104,629,168
Avio SpA
MILAN: AVIO-ITShares: 999,000
EssilorLuxottica SA
EURONEXT PARIS: EL-FRShares: 141,918,011
FILA SPA
MILAN: FILA-ITShares: 926,000
Fonciere des Regions
EURONEXT PARIS: COV-FRShares: 25,772,909
Guala Closures
MILAN: GCL-ITShares: 0
Mediobanca Banca di Credito Finanzia
MILAN: MB-ITShares: 172,132,323
UniCredit S.p.A.
MILAN: UCG-ITShares: 43,056,000