Portrait of Clemente Del Vecchio

Rank #733

Clemente Del Vecchio

Net worth $5.7B

Eyeglasses · Italy

Born
May 06, 2004
Age
22
Source
Eyeglasses
Residence
Milan
Citizenship
Italy
Marital status
Children
0
Education

Net worth over time

Biography

  • Clemente 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.
  • He is one of two children Del Vecchio had with Sabina Grossi, Luxottica's former head of investor relations, along with his brother Luca.
  • After inheriting his stake in his father's fortune in 2022, Clemente became the world's youngest billionaire at age 18.

Financial assets

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