#718

Clemente Del Vecchio

Italy 22 years old

Overview

Source of Wealth
Eyeglasses
Residence
Milan

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

Clemente 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.

He is one of two children Del Vecchio had with Sabina Grossi, Luxottica's former head of investor relations, along with his brother Luca.

After inheriting his stake in his father's fortune in 2022, Clemente became the world's youngest billionaire at age 18.