Renzo Rosso & family
$4.4B
Born
Sep 15, 1955
Age
70
Source of Wealth
Fashion
Residence
Bassano del Grappa,
Citizenship
Italy
Marital Status
Divorced
Children
7
Education
- Renzo Rosso owns denim powerhouse Diesel plus designer brands Maison Margiela, Viktor & Rolf and Marni through his Only the Brave holding company.
- Rosso got his start at age 15, when he borrowed his mother's sewing machine and made his first piece of clothing: a pair of bell-bottoms.
- He later joined denim guru Adriano Goldschmied at an Italian manufacturing company called Moltex, which he renamed Diesel in 1978.
- Seven years later he bought out Goldschmied's stake and positioned Diesel as an upscale choice for denim.
- His family's investment vehicle, Red Circle, owns stakes in everything from mobile app companies to eyewear manufacturers.
- Rosso picked the name "Diesel" for his company as a nod to the oil crises after the 1973 Arab-Israeli War.
- Rosso also owns Italian soccer club L.R. Vicenza Virtus and a winery named Diesel Farm.
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