Rank #1010
Renzo Rosso & family
Net worth $4.2B
Fashion · Italy
- Born
- Sep 15, 1955
- Age
- 70
- Source
- Fashion
- Residence
- Bassano del Grappa
- Citizenship
- Italy
- Marital status
- Divorced
- Children
- 7
- Education
Net worth over time
Biography
- 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.