The popular shades brand, “Ray-Ban” owner Leonardo Del Vecchio has died with billions of dollars net worth left behind. The businessman changed the perspective of sunglasses in the modern shades industry.
Leonardo Del Vecchio, the Italian entrepreneur started his journey at a small optics workshop in the Dolomite mountains. Nobody believed in the creative idea of the young man back in the day.
However, it was just a matter of time before the enormous success of the entrepreneur. He ended up becoming the global leader in eyewear. He was raised in a Milan orphanage, but his journey started in the town of Agordo.
The unexpected death news of the entrepreneur has shocked the global industry of eyewear and its fans. Moreover, netizens are curious to know about the billions of dollars in the fortune of the businessman.
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Leonardo Del Vecchio Net Worth: Billions of Dollars Patrimonio Of The Italian Entrepreneur
According to the businesstime, Leonardo Del Vecchio’s net worth is estimated at 25.1 billion USD as of June 1.
The businessman’s revenue used to come from the global eye-wear brand, Ray-Ban. He held a controlling 32 percent stake in EssilorLuxottica, the French Italian eyewear.
The company resulted from the 2018 merger of Luxottica with French lens giant Essilor. The company makes frames for luxury houses like Armani and Prada.
Del Vecchio’s net worth was $25.7 billion as of June 1.https://t.co/4dvkXMWy6u
— Gulf News Business (@GulfNewsBiz) June 27, 2022
The company even owns brands such as Rayban and has over 180K employe globally. EssilorLuxottica is both the world’s top eyeglass retailer and the biggest producer of corrective lenses.
However, the billions of dollars fortune have been in dilemma. But, according to the latest report, the wealth of the businessman will be equally divided among his six children.
Leonardo Del Vecchio Died At The Age Of 87: Cause Of Death Revealed
The Italian newspaper, Corriere Della Sera, was the first one to report the death of Italian entrepreneur, Leonardo Del Vecchio.
The veteran businessman died on the hospital bed of San Raffaele Hospital in Milan at the age of 87. However, the news article didn’t mention the cause of death.
Presently, the eyewear industry alongside the businessman’s family is mourning the death of the lost one. The obituary notice is in process and is soon expected to release.
Italy’s second richest man, eyewear magnate Leonardo Del Vecchio, has died at age 87.
Del Vecchio built an optical empire that saw him buy up major brands like Ray-Ban, Persol and Oakley.#LeonardoDelVecchiohttps://t.co/wm0eCrWq95
— WION (@WIONews) June 27, 2022
Leonardo was a passionate and shy guy, who did not care about the media attention from his friends and family. In 1961, the entrepreneur started a small eyewear workshop that manufactured components for other companies.
His family and wife are busy preparing for the last rituals. Popular personalities from different industries are expected to pay a visit to the ceremony.
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Leonardo Del Vecchio Moglie: Who Was The Entrepeanur Married To?
The entrepreneur, Leonardo Del Vecchio’s married life is twisty, and many people find it uncommon. In 1997, the businessman was married to Nicoletta Zampillo.
However, the marriage couldn’t last more than 3 years, and the couple called it a quit in 2000. Now, the twisting part in his romantic life appears.
In 2010, Leonardo remarried his ex-wife, Nicoletta, and was married till the death of the businessman apart them. The lovely couple has 6 children to whom the wealth of the businessman will be equally divided.
Claudio Del Vecchio is the eldest son of the businessman, who serves as the President and CEO of Brooks Brothers Group, Inc