BillionaireNet
Basilico
R
Rank #492
ITALYFashion & RetailEyeglasses

Rocco Basilico

Net Worth
$7.5B
+0.92% (24h)
Rocco Basilico, a prominent figure in the fashion and retail industry, is the Chief Wearables Officer at EssilorLuxottica and head of luxury brands. Born in Italy, he is the stepson of the late Leonardo Del Vecchio, founder of the world's largest eyeglasses firm. Through inheritance, Basilico holds a significant stake in Delfin, the Luxembourg-based holding company, contributing to his estimated net worth of $8.0 billion. His career includes leadership roles at Oliver Peoples, where he served as CEO, and participation in the development of innovative wearable technology with Meta's Ray-Ban smart glasses. Basilico's contributions have earned him recognition, including a spot on Forbes' 30 Under 30 list, and he's known for blending timeless styles with modern technology in eyewear. He is set to step down from his role at EssilorLuxottica in January 2026.

The Full Dossier

Early Life

Rocco Basilico, born in Italy, is the son of the financier Paolo Basilico and Nicoletta Zampillo. His life intertwined with the world of eyewear when his mother married Leonardo Del Vecchio, founder of EssilorLuxottica. Basilico studied Economics at Università Cattolica del Sacro Cuore in Milan.

Rise to Success

Basilico's career began within EssilorLuxottica, where he gained experience in the industry. He took on the role of CEO at Oliver Peoples, a luxury eyewear brand. In 2018, he became Head of Luxury House Brands at Luxottica. Basilico was also tasked with innovating wearable technology, particularly with the Ray-Ban brand, collaborating with Meta. His responsibilities as Chief Wearables Officer and head of luxury brands have highlighted his strategic importance within EssilorLuxottica.

Key Business Strategies

Basilico's approach involves blending traditional styles with technological innovation. He spearheaded the development of smart glasses in partnership with Meta, which are now a focal point for analysts and investors, driving further company investment. In 2016, he was appointed CEO of Oliver Peoples. His focus has been on incorporating technology into eyewear to improve users' lives.

Philanthropy

While specific philanthropy amounts are not available, his involvement in the industry and role within EssilorLuxottica suggest participation in initiatives supporting vision care and related causes.

Career Timeline

2020

Chief Wearables Officer

Tasked with revolutionizing the wearables industry, starting with Ray-Ban.

2018

Head of Luxury House Brands at Luxottica

Became the Head of Luxury House Brands at Luxottica.

2017

Forbes 30 Under 30

Featured on Forbes' 30 Under 30 list.

2016

CEO of Oliver Peoples

Appointed CEO of the luxury eyewear brand Oliver Peoples.

Philanthropic Impact

Healthcare$XB

Vision Care Initiatives

Likely involved in vision care and related charitable causes through his role in EssilorLuxottica.

Wealth Trajectory