#2025
Paolo Bulgari
Italy 88 years old
Overview
- Source of Wealth
- Luxury goods
- Industry
- Fashion & Retail
- Residence
- Rome
Assets
- Hermes International S.C.A.64,000 shares @ --RMS-FR
- LVMH Moet Hennessy Louis Vuitton200,000 shares @ --MC-FR
Biography
Paolo Bulgari, a great-grandson of the founder of luxury jeweler Bulgari, joined the company when he was 18.
A law student at the time, he was asked by his father to design necklaces, rings and bracelets.
Paolo became chairman of Bulgari in 1984, while his brother Nicola became vice chairman.
In 2011, the Bulgari family sold its controlling stake to French luxury conglomerate LVMH for $5.2 billion in cash and stock.
About
Paolo has designed jewelry for generations of Hollywood actresses, from Elizabeth Taylor to Nicole Kidman.
Bulgari financed a year-long restoration project of the Spanish Steps in Rome for a reported $1.6 million and wants restricted access to the monument to protect it.