BillionaireNet
Ruffini
Remo Ruffini
Rank #1048
ITALYFashion & RetailWinter jackets

Remo Ruffini

Net Worth
$3.792B
+0.91% (24h)
Remo Ruffini, the Chairman and CEO of Moncler, is an Italian billionaire renowned for transforming the brand into a global luxury powerhouse. Born on August 27, 1961, he is the driving force behind the iconic winter jacket maker. His career began working for his father's clothing company before he founded his own brand, later selling it to the Stefanel Group. In 2003, Ruffini took over Moncler, reinventing the brand and expanding its global presence. His strategic vision has led to substantial growth, propelling him to a net worth of $3.8 billion. Ruffini's achievements have been recognized with multiple awards, solidifying his status in the fashion industry.

The Full Dossier

Early Life

Remo Ruffini was born on August 27, 1961, in Como, Italy. His family background played a significant role in shaping his career path. His father owned a clothing company, providing Remo with early exposure to the fashion industry. His mother also owned a clothing company.

Rise to Success

Ruffini began his career in the United States, working for his father's company. At 23, he returned to Italy and founded New England, which he later sold to the Stefanel Group. In 1999, he became creative director for the holding company that owned Moncler. In 2003, Ruffini took over Moncler, which was nearly bankrupt. He transformed the company by reinventing the brand, introducing new collections, and expanding internationally. In 2013, Ruffini took Moncler public with a very successful IPO on the Milan Stock Exchange.

Key Business Strategies

Ruffini's business acumen is evident in his strategic approach to Moncler. Key strategies include:

  • Brand Repositioning: Transforming Moncler from a functional mountain gear brand to a luxury fashion label.
  • International Expansion: Aggressively expanding Moncler's presence, particularly in Asia.
  • Creative Collaborations: Partnering with renowned designers for the Moncler Genius project.

Philanthropy

Information on specific philanthropy amounts is not available.

Career Timeline

2021

Stone Island Acquisition

Moncler bought sportswear brand Stone Island.

2017

Entrepreneur of the Year

Awarded the Entrepreneur of the Year for Italy.

2014

Forbes Billionaire

Earned a place on the Forbes World's Billionaires list.

2013

Moncler IPO

Took Moncler public on the Milan Stock Exchange.

2003

Took over Moncler

Became the CEO and transformed the nearly bankrupt company.

2000

Sold New England

Sold his company New England to the Stefanel Group.

Philanthropic Impact

Not AvailableUndisclosed

Not available

Not Available

Wealth Trajectory