{"id":75965,"date":"2024-03-02T09:26:45","date_gmt":"2024-03-02T09:26:45","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=75965"},"modified":"2024-03-02T09:26:45","modified_gmt":"2024-03-02T09:26:45","slug":"leonardo-del-vecchio-net-worth","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/","title":{"rendered":"Leonardo Del Vecchio Net Worth"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#Leonardo_Del_Vecchio_Net_Worth\" title=\"Leonardo Del Vecchio Net Worth\">Leonardo Del Vecchio Net Worth<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#Table_Leonardo_Del_Vecchio_Profile\" title=\"Table: Leonardo Del Vecchio Profile\">Table: Leonardo Del Vecchio Profile<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#Highlights\" title=\"Highlights\">Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#Early_Life\" title=\"Early Life\">Early Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#Career\" title=\"Career\">Career<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#Personal_Life\" title=\"Personal Life\">Personal Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#Net_Worth_Over_Time\" title=\"Net Worth Over Time\">Net Worth Over Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#Components_of_Net_Worth\" title=\"Components of Net Worth\">Components of Net Worth<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Leonardo_Del_Vecchio_Net_Worth\"><\/span><strong>Leonardo Del Vecchio Net Worth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Leonardo Del Vecchio, the founder and chairman of Luxottica, had a net worth of $30 billion at the time of his death in June 2022. As the richest person in Italy and one of the 70 richest people in the world, Del Vecchio left a significant legacy in the business world.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Table_Leonardo_Del_Vecchio_Profile\"><\/span>Table: Leonardo Del Vecchio Profile<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tr>\n<th>Net Worth<\/th>\n<th>Salary<\/th>\n<th>Birthdate<\/th>\n<th>Birthplace<\/th>\n<th>Gender<\/th>\n<th>Height<\/th>\n<th>Profession<\/th>\n<th>Nationality<\/th>\n<\/tr>\n<tr>\n<td>$30 billion<\/td>\n<td>N\/A<\/td>\n<td>May 22, 1935<\/td>\n<td>Milan, Italy<\/td>\n<td>Male<\/td>\n<td>N\/A<\/td>\n<td>Businessman<\/td>\n<td>Italian<\/td>\n<\/tr>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Highlights\"><\/span>Highlights<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#8211; Leonardo Del Vecchio was an Italian billionaire businessman.<br \/>\n&#8211; He was the founder and chairman of Luxottica, the largest producer and retailer of glasses and frames globally.<br \/>\n&#8211; Luxottica had over 9,000 retail stores worldwide and employed more than 77,000 people.<br \/>\n&#8211; At the time of his death, Del Vecchio was the richest person in Italy and one of the 70 richest people globally.<br \/>\n&#8211; He had a net worth of $30 billion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Early_Life\"><\/span>Early Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Leonardo Del Vecchio was born on May 22, 1935, in Milan, Italy. He came from a poor family and faced early hardships when his father passed away when he was just five months old. Due to financial difficulties, his widowed mother was unable to support him and his four siblings, leading Del Vecchio to be sent to an orphanage at the age of seven.<\/p>\n<p>Del Vecchio began his career at the age of 14 as an apprentice to a tool and die maker. With his metalworking skills, he ventured into creating eyeglass parts. He later attended the Brera Academy of Art and earned a degree in engraving in 1958. In 1961, he founded Luxottica in the eyewear industry hub of Agordo, Italy, with financial backing from two early customers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Career\"><\/span>Career<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Del Vecchio started selling spectacle frames under the Luxottica name in 1967. The company witnessed significant success, leading him to vertically integrate by acquiring the distribution company Scarrone in 1974.<\/p>\n<p>In the early 1980s, Luxottica expanded internationally and formed its first international subsidiary in Germany. Throughout the following years, Luxottica struck licensing deals with renowned designer brands such as Armani and acquired several brands, including Persol, Ray-Ban, and Vogue Eyewear.<\/p>\n<p>In 1990, Luxottica went public in New York and later in Milan in 2000. The funds raised from the stock listing enabled the company to acquire other brands and expand its retail presence. Major acquisitions included Oakley in 2007.<\/p>\n<p>In 2017, Luxottica agreed to merge with the French-based ophthalmic company Essilor International, leading to the establishment of EssilorLuxottica. Today, the holding company has a combined market capitalization of approximately \u20ac57 billion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_Life\"><\/span>Personal Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Leonardo Del Vecchio was survived by a wife and six children from three different relationships. His children Claudio, Marisa, Paola, Leonardo, Luca, and Clemente play a significant role in his financial interests, with special trusts created to protect their inheritance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Net_Worth_Over_Time\"><\/span>Net Worth Over Time<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Leonardo Del Vecchio&#8217;s net worth grew steadily over the years, reaching $30 billion at the time of his death. Through Luxottica&#8217;s success and expansion, he accumulated significant wealth and established himself as one of the wealthiest individuals globally.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Components_of_Net_Worth\"><\/span>Components of Net Worth<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Del Vecchio&#8217;s net worth primarily derived from his ownership of Luxottica, where he held a majority ownership of 61.9%. Additionally, he had other notable shareholdings, including 28% of Covivio, a French real estate investment company, 10% of Mediobanca, an Italian investment bank, and 3.17% of Assicurazioni Generali, Italy&#8217;s largest insurance company.<\/p>\n<p>By combining his visionary business strategies and innovative approach to the eyewear industry, Leonardo Del Vecchio built an empire that cemented his remarkable net worth and secured his place among the wealthiest individuals in the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leonardo Del Vecchio Net Worth Leonardo Del Vecchio, the founder and chairman of Luxottica, had a net worth of $30 billion at the time of his death in June 2022. As the richest person in Italy and one of the 70 richest people in the world, Del Vecchio left a significant legacy in the business &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Leonardo Del Vecchio Net Worth\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/#more-75965\">Read more<span class=\"screen-reader-text\">Leonardo Del Vecchio Net Worth<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86278],"tags":[],"class_list":["post-75965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-worth","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Leonardo Del Vecchio Net Worth<\/title>\n<meta name=\"description\" content=\"Leonardo Del Vecchio Net Worth Leonardo Del Vecchio, the founder and chairman of Luxottica, had a net worth of $30 billion at the time of his death in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leonardo Del Vecchio Net Worth\" \/>\n<meta property=\"og:description\" content=\"Leonardo Del Vecchio Net Worth Leonardo Del Vecchio, the founder and chairman of Luxottica, had a net worth of $30 billion at the time of his death in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/leonardo-del-vecchio-net-worth\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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