Portrait of Claudio Del Vecchio

Rank #755

Claudio Del Vecchio

Net worth $5.6B

Eyeglasses · Italy

Born
Feb 26, 1957
Age
69
Source
Eyeglasses
Residence
Muttontown, New York
Citizenship
Italy
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Claudio Del Vecchio is one of six children of Leonardo Del Vecchio, the late chairman (d. 2022) of EssilorLuxottica, the world's largest eyeglasses firm.
  • He inherited a 12.5% stake in his father's Luxembourg-based holding company Delfin after his death, along with his stepmother and six siblings.
  • Besides EssilorLuxottica, Delfin also owns shares in insurer Generali; banks Monte dei Paschi di Siena and UniCredit; and real estate developer Covivio.
  • Claudio served as Luxottica's co-CEO in the 1990s and took the company public on the New York Stock Exchange in 1990.
  • He acquired Brooks Brothers, America's oldest clothing retailer, in 2001; the firm filed for bankruptcy in September 2020.
  • Claudio moved from Italy to New York in 1982 and helped spearhead Luxottica's entry into the U.S. market in the 1980s.
  • He was awarded the title of Cavaliere del Lavoro, one of Italy's highest civilian honors, in 2014.

Financial assets

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