BillionaireNet
Vecchio
Clemente Del Vecchio
Rank #493
ITALYFashion & RetailEyeglasses

Clemente Del Vecchio

Net Worth
$7.496B
+0.92% (24h)
Clemente Del Vecchio, born in Milan, Italy, in 2004, is an Italian billionaire heir, with a net worth of $8.0 billion. He owes his wealth to his 12.5% ownership of the holding company Delfin, which holds a significant stake in EssilorLuxottica, the world's largest eyeglasses company, behind brands like Ray-Ban and Persol. Following his father's death in 2022, Clemente, at 18, became the world's youngest billionaire. While he inherited a considerable fortune, he has expressed interest in education and personal interests, rather than taking a direct operational role within EssilorLuxottica or Delfin, shaping his own path separate from the family business.

The Full Dossier

Early Life

Clemente Del Vecchio was born on May 14, 2004, in Milan, Italy. He is the son of Leonardo Del Vecchio, the founder of EssilorLuxottica, and Sabina Grossi, who previously headed investor relations at Luxottica. Clemente is one of six children, and he inherited a substantial portion of his father’s wealth following his death in June 2022.

Rise to Success

Clemente's wealth stems from his 12.5% ownership of Delfin, a Luxembourg-based holding company that manages investments, including a significant stake in EssilorLuxottica. This stake gives him interests in a variety of companies. Clemente became the world's youngest billionaire in 2022 at age 18. His inheritance placed him among the wealthiest individuals globally.

Key Business Strategies

Clemente does not have an active role in EssilorLuxottica. Instead, he expressed a desire to pursue education and personal interests outside the business realm.

Philanthropy

Information about Clemente Del Vecchio’s specific philanthropic initiatives could not be found with the current search. However, as his wealth comes from his family’s stake in EssilorLuxottica, it can be presumed that he is involved in the company's philanthropic efforts.

Career Timeline

2022

Inherited Wealth

Inherited a 12.5% stake in the holding company Delfin, becoming one of the youngest billionaires.

Philanthropic Impact

Corporate Social Responsibility$Unknown

EssilorLuxottica Philanthropy

EssilorLuxottica is known for its CSR, but specific initiatives related to Clemente's involvement are not available.

Wealth Trajectory