#1726
Nicola Bulgari
Italy 85 years old
Overview
- Source of Wealth
- Luxury goods
- Industry
- Fashion & Retail
- Residence
- Rome
- Education
- High School (Diploma)
- Children
- 4
Assets
- Hermes International S.C.A.6,500 shares @ --RMS-FR
- LVMH Moet Hennessy Louis Vuitton391,500 shares @ --MC-FR
- Sellas Life Sciences12,417 shares @ --SLS-US
Biography
Nicola Bulgari is vice chairman of luxury goods brand Bulgari, which was founded by his great-grandfather.
Bulgari established itself as a global luxury brand in jewelry, watches, fragrances, apparel, hotels and resorts.
In 2011, the Bulgari family sold its controlling stake to luxury goods conglomerate LVMH for $5.2 billion in cash and stock.
Nicola Bulgari is well known for his car collection, which includes mostly American cars from 1920s to the 1940s.
About
He once turned down an offer from Andy Warhol to exchange a painting for Bulgari jewels. "It was the worst deal of my life," he said.
Bulgari built a 21-acre complex in Allentown, Pennsylvania with 7 warehouses and 4 restoration shops, home to roughly 125 cars.