Early Life
Paolo Bulgari was born in Rome, Italy, in 1937. He is the grandson of Sotirios Bulgari, the founder of Bulgari. From an early age, Paolo was immersed in the world of jewelry and craftsmanship, which sparked his passion for design and entrepreneurship. He is the third son of Giorgio Bulgari.
Rise to Success
Paolo joined Bulgari in the 1960s, playing a pivotal role in expanding the company's international presence. He served as the CEO from 1984 to 2011. Under his leadership, the company experienced rapid growth and diversification, including expansion into new markets in Asia and the Middle East. Paolo and his brother, Nicola, sold their controlling stake in the family business to LVMH in 2011, making them instant billionaires.
Key Business Strategies
Paolo Bulgari's contributions to Bulgari's success include his focus on design and his role in the company's expansion into new markets. His vision helped shape Bulgari into a global luxury brand. Paolo is the creative force behind many of Bulgari's designs and is a renowned art lover whose collection encompasses works by Jacob Jordaens and Pierre-Auguste Renoir, among others.
Philanthropy
Paolo Bulgari has been involved in philanthropic efforts, including establishing the Paolo Bulgari Foundation in November 2019. The foundation supports educational regeneration and professional training in Rome's peripheral neighborhoods. Bulgari, as a brand, has also supported Save the Children since 2009, raising over $105 million to support the charity's programs.