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  1. 6, including Claudio, Leonardo Maria. Leonardo Del Vecchio (22 May 1935 – 27 June 2022) was an Italian billionaire businessman, the founder and chairman of Luxottica, [ 1 ] the world's largest producer and retailer of glasses and frames, [ 2 ] with 77,734 employees and over 8,000 stores. [ 3 ] At the time of his death, his net worth was ...

    • Luxottica: Pioneering The Eyewear Revolution
    • Del Vecchio’s Foray Into Real Estate: Covivio SA
    • Leonardo Del Vecchio’s Financial Stature
    • Mention Superyachtfan When Sharing This Information

    The Luxottica Group isn’t just another eyewear company; it’s the world’s largest. Owning iconic brands such as Ray-Ban, Oakley, Sunglass Hut, and Pearle Vision, Luxottica became synonymous with style and quality. The group doesn’t just stop at their in-house brands; they design and manufacture frames for high-end names like Prada, Dolce & Gabbana, ...

    Leonardo’s business acumen wasn’t just limited to eyewear. He ventured into the realm of real estate by investing in Covivio sa.Owning a substantial 28% share in the company, he showcased his knack for diversifying his business interests.

    A testament to his business prowess, Del Vecchio held a staggering 62% of Luxottica shares through his holding entity, Delfin SARL. With an estimated net worthof $27 billion, he wasn’t just affluent; he stood as the wealthiest individual in Italy.

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    • Nicoletta Zampillo
    • May 22, 1935
  2. Oct 13, 2019 · Over the summer, Mr Loeb’s fund built a stake of about 2 per cent, becoming EssilorLuxottica’s third-largest investor, but still dwarfed by the 32 per cent that Mr Del Vecchio owns in the group.

  3. May 30, 2022 · While the metal-shop apprenticeship Del Vecchio took upon leaving the orphanage in 1949 earned him his first paycheck, it was only 300 lire, about 15 euro cents, for a tough 10 days of work.

  4. Apr 5, 2022 · Del Vecchio founded Luxottica in 1961, at age 25. Under his leadership, it acquired Sunglass Hut, Ray-Ban and Oakley and grew to make glasses for virtually every brand including Bulgari and Chanel.

  5. Jan 20, 2017 · The deal with Essilor caps this tumultuous period. Mr Del Vecchio had toyed with the idea of a deal for years. He was finally convinced by the death in September 2016 of his contemporary, Bernardo ...

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  7. The self made successful business man, Leonardo Del Vecchio boasts a net worth of $11 billion. Leonardo was born to a poor Milanese family in 1935. Leading a fatherless childhood, he was forced to live in an orphanage at the age of 7 under the care of nuns and at the age of 14, circumstances required him to work in order to support his ...

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