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Leonardo Del Vecchio Net Worth 2020

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Facts of Leonardo Del Vecchio

Full NameLeonardo Del Vecchio
First NameLeonardo
Middle NameDel
Last NameVecchio
Birth NameLeonardo Del Vecchio
ProfessionEntrepreneur
NationalityItalian
EthnicityMixed
Birth CityMilan
Birth CountryItaly
Gender IdentityMale
Sexual OrientationStraight
HoroscopeGemini
Marital StatusMarried
SpouseNicolette Zampillo
No Of Children6
EducationBrera Academy
Height176 cm
Weight80 kg
Date of BirthMay 22,1935
Age85 years

How Much Is The Net Worth Of Leonardo Del Vecchio?  

Leonardo Del Vecchio is estimated to have a net worth of around $20 billion according to Celebrity Net Worth. In contrast, another verified source like Bloomberg claims his net worth to be $24.9 billion.

Net Worth Through Out The Years 

Years Net Worth 
2010 $10.5 billion 
2011$11 billion 
2012 $11.5 billion 
2013 $15.3 billion 
2014 $19.2 billion 
2015 $20.4 billion 
2016 $18.7 billion 
2017 $17.9 billion 
2018 $21.2 billion
March 2019 $19.8 billion 

He mainly earns his fortune from his career as an Italian billionaire businessman. His primary source of income is from the world's largest producer and retailer of glasses and lenses, Luxottica. 

How Did Leonardo Del Vecchio Accumulate His Net Worth?

Leonardo Del Vecchio is an Italian billionaire businessman and the founder cum chairman of Italian eyewear conglomerate Luxottica Group S.p.A. 

As of 2019, Luxottica made an average revenue of $9.8 million (€8.929 billion). According to a verified source, the company is estimated to run under the operating income of $995 million (€900 million).  

Leonardo Del Vecchio: Owner of LuxotticaImage Source: Money Inc
Leonardo Del Vecchio: Owner of Luxottica

Image Source: Money Inc

The organization is operating with total assets of $115 billion (€10.464 billion) and $6.9 billion (€6.306 billion), employing around 82 thousand people.  

Leonardo Del Vecchio Career HighlightsImage Source: Bloomberg
Leonardo Del Vecchio Career Highlights

Image Source: Bloomberg

Its Subsidiaries include popular brands like Ray-Ban, Essilor, Persol, Oakley, LensCrafters, OPSM, Sunglass Hut, and Eyemed, among others. Moreover, it also produces sunglasses as well as frames for designer brands such as Prada, Burberry, Versace, Dolce, and Gabbana.  

Leonardo Del Vecchio is the major shareholder of Luxottica, holding around 61.90%. Besides that, he also owns a 28% share of Covivio and 3.17% of Assicurazioni Generali. 

Timeline Of Leonardo Del Vecchio Earnings

Years Income Sources Earnings 
1990 The purchase value of US Shoe $1.4 billion 
1991 Money from the sale of U.S show business $600 million
1995 Bought LensCrafters$1.5 billion 
1999The purchase value of Bausch & Lomb's Ray-Ban sunglass $640 million 
2001 Bought Sunglass Hut International $653 million 
2016Salary as the Executive Chairman of the Luxottica Group S.p.A $1.2 million 

Back in 2016, Del Vecchio's salary was estimated to be $1.2 million, which was later reported to increase to $2 million annual salaries.  

Charity 

Leonardo Del Vecchio is also active in several charity works and campaigns. As a philanthropist, he has been providing his services and aids through his charitable foundation, Leonardo Del Vecchio Foundation.  

Lavish Lifestyle

As of 2019, he is said to have been living quite a lavish lifestyle. According to a verified source, he is living a luxurious low key life. He is reported to be the longtime resident of Milan, Itlay.  

Being the richest man in Italy, he is speculated to live in a multi-million dollar worth mansion. A third party source claimed that he owns a villa in Florida and a posh house on the French Riviera. 

Coming into his luxurious garage, he has a rare Ferrari Laferrari, which is estimated somewhere around $1.5 million to $2 million. 

Leonardo Del Vecchio Moneikos YachtImage Source: P-Interest
Leonardo Del Vecchio Moneikos Yacht

Image Source: P-Interest

On the other hand, Del Vecchio also owns a 62 meters long luxury motor yacht named Moniekos. Moneikos is the Greek word referring to the original name of Monaco.   

Besides that, he is the owner of a Gulfstream G550 private jet. In the present market, the private plane is priced at an impressive $50 million. 

The Personal Life Of Leonardo Del Vecchio

Leonardo Del Vecchio was born on 22 May 1935 in Milan, Italy. 

As of 2019, Del Vecchio is 84 years old. He holds an Italian nationality and belongs to a mixed ethnic group. 

Leonardo Del Vecchio Is Married Thrice 

Leonardo Del Vecchio is a married man. In his lifetime, he has married thrice. His first wife's name is a mystery. With his first partner, he is blessed with son Claudio Del Vecchio and daughters Paola and Marisa.  

After divorce with his first spouse, he walked down the aisle with Nicolette Zampillo in 2000. The couple has three children; sons Leonardo Maria, Luca and Clemente. 

Leonardo Del Vecchio FamilyImage Source: Celebrity Family
Leonardo Del Vecchio Family

Image Source: Celebrity Family

They separated in 1997, however, settled their argument after years of separation and remarried in 2010.

Updated On Tue Dec 10 2019 Published On Tue Dec 10 2019 By Bean

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