According to the businesstime, Leonardo Del Vecchio’s net worth is estimated at 25.1 billion USD as of June 1.
The businessman’s revenue used to come from the global eye-wear brand, Ray-Ban. He held a controlling 32 percent stake in EssilorLuxottica, the French Italian eyewear.
The company resulted from the 2018 merger of Luxottica with French lens giant Essilor. The company makes frames for luxury houses like Armani and Prada.
The company even owns brands such as Rayban and has over 180K employe globally. EssilorLuxottica is both the world’s top eyeglass retailer and the biggest producer of corrective lenses.
However, the billions of dollars fortune have been in dilemma. But, according to the latest report, the wealth of the businessman will be equally divided among his six children.