Mario Moretti Polegato & family
#2251

Mario Moretti Polegato & family

Italy 73 years old Self-Made

Overview

Source of Wealth
Shoes
Residence
Crocetta del Montello
Marital Status
Married
Children
1

Assets

  • Geox S.p.A.
    261,089,000 shares @ -
    -
    GEO-IT

Biography

Mario Moretti Polegato founded his comfort-focused shoe brand Geox in 1995 with his patented "breathable shoe technology."

Polegato worked at his family's wine business where he got itchy feet, but it was a hot trip to Nevada that inspired him to slice holes in his shoes.

He took his technology to Nike and other footwear giants, who were uninterested; he started his own company instead.

He took Geox public in 2004 while also running the family wine label, Villa Sandi.

About

Polegato was named a Knight of the National Order of Romania in 2000, and was appointed Cavaliere del Lavoro, one of Italy's highest civilian honors, in 2005.

He developed his breathable shoe prototype in the mid-1990s with researchers at the University of Padua, a university established in 1222.