Portrait of Patrizio Bertelli

Rank #1051

Patrizio Bertelli

Net worth $4.1B

Luxury goods · Italy

Born
Jan 01, 1946
Age
80
Source
Luxury goods
Residence
Milan
Citizenship
Italy
Marital status
Married
Children
2
Education
Master of Business Administration, University of Florence

Net worth over time

Biography

  • Patrizio Bertelli is the chairman and former co-CEO of the handbag and fashion empire Prada alongside his wife, Miuccia Prada, whose grandfather founded the company in 1913.
  • He met Miuccia in 1977, the same year she and her siblings Alberto and Marina inherited the business.
  • Patrizio, who ran a luxury leather company at the time, joined Prada a year later.
  • Focusing on the business side, he pushed Prada to expand its product offerings beyond high end luggage, handbags and steamer trunks.
  • Bertelli and Prada took the company public in Hong Kong in 2011.
  • Bertelli is the team principal and sponsor of Luna Rossa Challenge, a sailing team that participates in the America's Cup yacht racing competition.

Financial assets

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