#715

Claudio Del Vecchio

Italy 69 years old

Overview

Source of Wealth
Eyeglasses
Residence
Muttontown, New York
Marital Status
Married
Children
3

Assets

  • Assicurazioni Generali
    19,474,985 shares @ -
    -
    G-IT
  • Avio SpA
    124,877 shares @ -
    -
    AVIO-IT
  • Banca Monte dei Paschi di Siena
    66,590,733 shares @ -
    -
    BMPS-IT
  • EssilorLuxottica SA
    18,448,750 shares @ -
    -
    EL-FR
  • FILA SPA
    124,820 shares @ -
    -
    FILA-IT
  • Fonciere des Regions
    3,910,383 shares @ -
    -
    COV-FR
  • Mediobanca Banca di Credito Finanzia
    0 shares @ -
    -
    MB-IT
  • UniCredit S.p.A.
    5,382,041 shares @ -
    -
    UCG-IT

Biography

Claudio Del Vecchio is one of six children of Leonardo Del Vecchio, the late chairman (d. 2022) of EssilorLuxottica, the world's largest eyeglasses firm.

He inherited a 12.5% stake in his father's Luxembourg-based holding company Delfin after his death, along with his stepmother and six siblings.

Besides EssilorLuxottica, Delfin also owns shares in insurer Generali; banks Monte dei Paschi di Siena and UniCredit; and real estate developer Covivio.

Claudio served as Luxottica's co-CEO in the 1990s and took the company public on the New York Stock Exchange in 1990.

He acquired Brooks Brothers, America's oldest clothing retailer, in 2001; the firm filed for bankruptcy in September 2020.

About

Claudio moved from Italy to New York in 1982 and helped spearhead Luxottica's entry into the U.S. market in the 1980s.

He was awarded the title of Cavaliere del Lavoro, one of Italy's highest civilian honors, in 2014.