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Leonardo Del Vecchio Net Worth

Leonardo Del Vecchio Net Worth

Leonardo Del Vecchio is an Italian businessman. With an estimated net worth of $1.1 Billion, Leonardo ranks among the wealthiest men in the world. In fact, he is the second wealthiest man from Italy and positions 74th in the Forbes billionaire list as of March 2012.

Leonardo Del Vecchio Net Worth $1.1 Billion

Del Vecchio is best known for being the chairman and creator of Luxottica, a business that is now the world’s biggest manufacturer and retailer of prescription glasses and shades. It was yet not good always for Leonardo. In fact, he was born in a impoverished family. His father died five months before he was born. The mother couldn’t afford a kid, and thus, gave him away to an orphanage. Leonardo started off as an apprentice having a dye manufacturer in Milan, Italy. Shortly nevertheless, he was making spectacle parts. He moved to Agordo in Belluno, since the Italian eye-wear business was found here. It was here that he formed the business Luxottica. He began selling eyeglass frames in 1967, as well as the rest as they say is history.

Luxottica now owns and operates more than 6000 shops all over the world. Through the years, the business has acquired several brands once the business was recorded in the New York as well as the Milan stock exchanges. Claudio, the son of Leonardo owns the American retailer for men, Brooks Brothers.

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