It is one of those stories about a self-made man, who, starting with humble beginnings, manages the climb to the top of economic power. Leonardo Del Vecchio was the founder of Luxottica. He also served as CEO of EssilorLuxottica. This company is the largest in production and distribution in the world. He was regarded as one of the most prominent businessmen in Italy, and second in wealth to the country after Giovanni Ferrero, the owner of Nutella. His six children and his wife, Nicoletta Zampillo (who he had twice married, with a divorce in between), are gone. Forbes magazine estimates that his business empire is worth 27.3 billion euros. .
Del Vecchio was left fatherless by his mother. She worked long hours and had three children to care for. The boy, who was 14 years old, returned home to live with his family. He worked as an errand boy for a company in mornings and took an engraving and design course in the afternoons. after. He founded, at 26 years old, an eyeglass frame manufacturing shop on land donated to him by a municipality in Belluno, northern Italy.
Luxottica, the company he called his business, was founded in 1971. It grew steadily over the years to become the largest corporation in the production of glasses in the world in 1995. Its landmarks include the acquisition of American brands Rayban, Oakley, and the 2018 merger with French Essilor, a giant lens manufacturer, which led to EssilorLuxottica. This group has approximately 180,000 employees around the world and a turnover of 21,500 millions euros.
Del Vecchio credited his humble beginnings and the importance of hard work to achieve success in life. He recalled his time in an orphanage, as well as the time he worked in a factory while he was studying. My food was boiled cabbage for years. Its scent reminds me of the hard work and dreams that I had to do something on my own, even if it was small but where my ideas and abilities could be utilized. Too many young people today feel that they have to take responsibility for their lives and think their parents or the State are not helping them enough. He was an extraordinary person because of his passion for doing things. He told me a few years back that I was certain everything would depend upon me and my work.
Mario Draghi, the Prime Minister, lamented the death of Del Vecchio. He was regarded as an example of a businessman who had a social conscience. He regarded him as a "protagonist" in the business world and a great Italian who placed the country at the "center of the world for innovation." In 1986, Del Vecchio was awarded the title of "Cavaliere" for his work. He also held significant investments in real estate, banking, and insurance companies such as Mediobanca and Generali.