BillionaireNet
Vecchio
Paola Del Vecchio
Rank #495
ITALYFashion & RetailEyeglasses

Paola Del Vecchio

Net Worth
$7.496B
+0.92% (24h)
Paola Del Vecchio, an Italian heiress, is a prominent figure in the fashion-retail industry, primarily due to her inheritance from her father, Leonardo Del Vecchio, the founder of Luxottica. Born in January 1961, she is a shareholder in Delfin S.à r.l., the Luxembourg-based holding company that is the largest shareholder of EssilorLuxottica, the world's largest eyewear company. Her estimated net worth is $7.55 billion, placing her among the wealthiest individuals globally. The source of her wealth is primarily derived from her stake in EssilorLuxottica, and she has three children. Del Vecchio is not involved in the management of the family businesses.

The Full Dossier

Early Life

Paola Del Vecchio was born in January 1961. She is one of six children of Leonardo Del Vecchio, the founder of Luxottica, the world's largest eyewear company. Her father started Luxottica in 1961.

Rise to Success

Paola Del Vecchio inherited a 12.5% stake in Delfin S.à r.l., a Luxembourg-based holding company. Delfin owns shares in EssilorLuxottica, Generali, Mediobanca, UniCredit, and Covivio. Her inheritance followed the death of her father, Leonardo Del Vecchio, in 2022. Delfin's primary asset is its nearly one-third ownership of EssilorLuxottica, the global behemoth in the eyewear industry.

Key Business Strategies

Paola Del Vecchio is not involved in the executive management of EssilorLuxottica or Delfin. Delfin's focus is on investments in the eyewear and optical products industry, as well as other financial and real estate ventures. The company's strategy appears to be centered around maintaining its significant stake in EssilorLuxottica and other diversified holdings.

Philanthropy

While specific philanthropy amounts are not available, her family's involvement with Delfin indicates a commitment to various investments, which may include philanthropic initiatives, though details of these are not readily available through a search.

Career Timeline

2022

Inherited stake in Delfin

Inherited a 12.5% stake in Delfin, her father's Luxembourg-based holding company, after his death.

Philanthropic Impact

PhilanthropyUndisclosed

Unknown

Details of philanthropic initiatives are not readily available.

Wealth Trajectory