Portrait of Luciano Benetton

Rank #1029

Luciano Benetton

Net worth $4.1B

Fashion retail, investments · Italy

Born
May 13, 1935
Age
91
Source
Fashion retail, investments
Residence
Ponzano Veneto
Citizenship
Italy
Marital status
Married
Children
4
Education

Net worth over time

Biography

  • Luciano Benetton started the Benetton Group in 1965 with his three siblings, Carlo (d.2018), Gilberto (d.2018) and Giuliana.
  • Known for their colorful sweaters, Benetton won over parts of the world, opening its first store in Paris in 1969 and reaching New York in 1980.
  • In 2018, 12 years after leaving and allowing outside managers to take on greater roles, Luciano returned to help turn the company around.
  • The family has invested in Italian businesses including Mundys, a highway infrastructure company that accounts for more than half their fortune.
  • Luciano was elected to the Italian Senate in 1992 and served until 1994.
  • At age 14 Luciano's father died. Soon after he started working at a clothing store to help his family make ends meet.

Financial assets

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