LeaderPortfolio
Basilico
R
Rank #711
ITALYFashion & RetailEyeglasses

Rocco Basilico

Net Worth
$5.817B
0% (24h)
Rocco Basilico, a prominent figure in the luxury eyewear industry, is currently the Chief Wearables Officer at EssilorLuxottica, the world's largest eyewear company. Born in Italy, Basilico, at age 36, is the stepson of the late Leonardo Del Vecchio, the former chairman of EssilorLuxottica. His career includes leadership roles at Oliver Peoples, where he served as CEO, significantly expanding its retail presence. Basilico's net worth is estimated at $4.6 billion as of July 9, 2024, derived primarily from his inheritance and executive positions within the company. He is also involved in the development of smart eyewear, including the Ray-Ban Meta smart glasses.

The Full Dossier

Early Life

Rocco Basilico, born in 1989, is the stepson of Leonardo Del Vecchio, the founder of EssilorLuxottica. His early life was marked by the influence of his stepfather's prominent role in the eyewear industry. Basilico attended the Catholic University of the Sacred Heart in Milan, studying economics.

Rise to Success

Basilico's career began in 2013 at Luxottica. He gained experience in the field, before transitioning to a pivotal role at Oliver Peoples, a luxury eyewear brand. Basilico served as CEO of Oliver Peoples, where he significantly increased retail sales and expanded the brand's global presence. During his time at Oliver Peoples, he was recognized by Forbes as part of their '30 Under 30' list in 2018. In 2020, Basilico became the Chief Wearables Officer at EssilorLuxottica, focusing on the development of smart eyewear, notably the Ray-Ban Meta smart glasses.

Key Business Strategies

Basilico's business strategies involve leveraging technology and aesthetics to innovate in the eyewear sector. He has emphasized the importance of balancing timeless styles with modern mechanics in his work on smart glasses, ensuring that the products offer value and enhance the user experience. He has also focused on preserving brand values while incorporating cutting-edge technologies. Basilico's key role is centered on fiduciary stewardship, ensuring long-term, stable management of EssilorLuxottica and Generali stakes.

Philanthropy

Basilico's social impact is connected to EssilorLuxottica's role in providing vision correction and eyewear globally. His family supports various community and educational initiatives through the Leonardo Del Vecchio Foundation.

Career Timeline

2020

Chief Wearables Officer, EssilorLuxottica

Took on the role of Chief Wearables Officer, leading innovation in smart eyewear.

2018

Forbes 30 Under 30

Recognized by Forbes in their '30 Under 30' list.

2016

CEO of Oliver Peoples

Appointed CEO of the luxury eyewear brand, overseeing significant retail expansion.

2013

Joined Luxottica

Began his career at Luxottica in various roles.

Philanthropic Impact

Community and EducationUndisclosed

Leonardo Del Vecchio Foundation

Supports various community and educational initiatives.

Wealth Trajectory