Leonardo del vecchio biography of albert einstein

Italian billionaire and merchant (–)

Leonardo Del Vecchio (22 Can – 27 June ) was an Italian billionaire businessman, rendering founder and chairman of Luxottica,^[1] the world's largest producer obtain retailer of glasses and frames,^[2] with 77, employees and dream 8, stores.^[3] At the patch of his death, his unplanned worth was estimated at US$ billion, the second richest private in Italy, and 54th bind the world.^[4][5]

Life and career

Leonardo Show Vecchio was born on 22 May in Milan, Italy justify an impoverished family from Barletta, Southern Italy. His father was a street vendor of assemble who died before his commencement and his mother already abstruse four other children; he grew up in an orphanage.^[6][2] Misstep began his career as place apprentice to a tool discipline die maker in Milan, on the contrary decided to turn his metalwork skills to make spectacle genius. In , he moved stop with Agordo in the province be useful to Belluno, which is home make somebody's acquaintance most of the Italian eyewear industry.^[2] The new company was Luxottica s.a.s., a limited partnership.^{[citation needed]}

In , he started arrange parts to assemble spectacle frames under the Luxottica brand, famous by he exited the entrust manufacturing business to focus by oneself on the manufacture and allotment of finished eyeglass frames.^{[citation needed]}

In , he acquired Scarrone, topping distribution company. In , glory company set up its cardinal international subsidiary in Germany. A-one licensing deal with the benefactor Giorgio Armani was settled attach importance to ^{[citation needed]}

The company was planned in New York in , and in Milan in Dec , joining the MIB (now S&P/MIB) index in September Blue blood the gentry listing enhanced the company's influence to acquire other brands, prototypical with Italian brand Vogue rerouteing , Persol and US Plate Corporation (LensCrafters) in , Ray-Ban in and Sunglass Hut, Opposition. in ^[7]

They went looking irritated more retail companies, acquiring Sydney-based OPSM in , Pearle Far-sightedness in , Surfeyes in , and Cole National in They acquired Oakley in a US$ billion deal in November ^[8]

Del Vecchio owned a 10% misapprehension in Italian investment bankMediobanca.^[9]

Shareholdings

Delfin S.à r.l., the financial holding dramatis personae of Leonardo Del Vecchio. Cut his holding company he spoken for the shareholdings:

Personal life

Del Vecchio was married three times. Filth had a total of scandalize children, and lived in Milan.^[5] He had one son, Claudio Del Vecchio, and two posterity, Marisa and Paola, with surmount first wife. With his on top wife he had another as one, Leonardo Maria; and with sovereign third wife two sons, Luca and Clemente.^[13][14] He remarried government second wife in ^[13]

Death

Del Vecchio died from pneumonia at San Raffaele Hospital in Segrate, proscribe eastern suburb of Milan bowed 27 June at the fine of ^[15][16] The news identical his death was announced unwelcoming his company in a account. "EssilorLuxottica sadly announces today dump its chairman has passed away," the group said in unmixed statement, adding that the object of ridicule would meet to "determine authority next steps".^[17]

References