Forbes ranking of the 10 richest people in Italy 2019

Leonardo Del Vecchio, founder of the eyewear company Luxottica, podiumed in the yearly ranking of Italian billionaires, published by the American business magazine Forbes. With the total net worth estimated at 24.4 billion dollars, Del Vecchio put ahead other Italian entrepreneurs - Giovanni Ferrero, the CEO of the Italian confectionary company Ferrero and the fashion designer Giorgio Armani, whose fortunes reached respectively 21.9 and 11.2 billion dollars.

Largest eyewear company in the world

Luxottica is the largest company in the eyewear sector worldwide. Brands such as Ray-Ban, Bulgari and Chanel belong to Del Vecchio's enterprise. The company started as a small business in the North of Italy and transformed over the years into a globally-known brand, with over nine thousand stores worldwide. In 2018, EssilorLuxottica was born from the incorporation of the Italian Luxottica by the French Essilor. The leading eyewear group belongs to the largest companies traded on the stock exchange in the euro area.

Italian entrepreneur among 100 richest persons in the world

When compared to the global ranking of billionaires, the Italian founder of Luxottica ranked in the 38th position. As in the previous year, the title of the richest men on the planet in 2019 went to Jeff Bezos, the founder and CEO of Amazon. The net wealth of this Albuquerque-born entrepreneur,estimated at 112 billion dollars in 2018, increased to roughly 131 billion dollars in 2019. The second place was achieved by the multiple leader of the Forbes’ ranking, Bill Gates, whose fortune was estimated at 106.4 billion US dollars in 2019.

Forbes ranking of the ten richest people in Italy in 2019

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Release date

October 2019



Survey time period


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Statistics on "Luxury fashion companies in Italy"

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