Renzo Rosso & family
#995

Renzo Rosso & family

Italy 70 years old Self-Made

Overview

Source of Wealth
Fashion
Residence
Bassano del Grappa
Marital Status
Divorced
Children
7

Biography

Renzo Rosso owns denim powerhouse Diesel plus designer brands Maison Margiela, Viktor & Rolf and Marni through his Only the Brave holding company.

Rosso got his start at age 15, when he borrowed his mother's sewing machine and made his first piece of clothing: a pair of bell-bottoms.

He later joined denim guru Adriano Goldschmied at an Italian manufacturing company called Moltex, which he renamed Diesel in 1978.

Seven years later he bought out Goldschmied's stake and positioned Diesel as an upscale choice for denim.

His family's investment vehicle, Red Circle, owns stakes in everything from mobile app companies to eyewear manufacturers.

About

Rosso picked the name "Diesel" for his company as a nod to the oil crises after the 1973 Arab-Israeli War.

Rosso also owns Italian soccer club L.R. Vicenza Virtus and a winery named Diesel Farm.