BillionaireNet
Vecchio
Luca Del Vecchio
Rank #493
ITALYFashion & RetailEyeglasses

Luca Del Vecchio

Net Worth
$7.496B
+0.92% (24h)
Luca Del Vecchio, at 24, is an Italian heir who inherited his wealth from his father, Leonardo Del Vecchio, the founder of EssilorLuxottica, the world's largest eyeglasses firm. His net worth of $7.5 billion comes primarily from a 12.5% stake in Delfin, a holding company that controls a significant portion of EssilorLuxottica, along with stakes in other financial institutions. Unlike some siblings, Luca has focused on shareholder responsibilities. He holds a Bachelor's degree in Economics from Bocconi University and a Master's from the London Business School. Del Vecchio is ranked among the top 500 wealthiest individuals globally.

The Full Dossier

Early Life and Inheritance

Luca Del Vecchio was born in Italy in 2001, as one of the youngest children of Leonardo Del Vecchio and Sabina Grossi. His father, Leonardo Del Vecchio, founded Luxottica, which later merged with Essilor to form EssilorLuxottica. After his father's death in 2022, Luca, along with his siblings, inherited a 12.5% stake in Delfin, the family's holding company.

Rise to Success

Luca Del Vecchio's wealth originates from his inheritance. Through Delfin, he holds a significant position in EssilorLuxottica, the world's largest eyewear company. Del Vecchio's stake in Delfin also provides influence over the company's strategic decisions. He is not operationally involved in EssilorLuxottica or Delfin.

Key Business Strategies

Luca Del Vecchio's primary source of wealth is tied to the eyeglasses industry through his stake in EssilorLuxottica, demonstrating how inheritance can be a key factor in wealth accumulation. His focus appears to be on managing his shareholdings, rather than active operational involvement.

Philanthropy

Specific philanthropic endeavors are not widely publicized. However, his involvement in the family's holding company suggests a potential for future philanthropic activities, in line with the family's overall wealth and influence within Italy.

Career Timeline

2022

Inherited Stake in Delfin

Inherited a 12.5% stake in Delfin, the holding company of EssilorLuxottica, following his father's death.

Wealth Trajectory