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Luxottica founder Leonardo Del Vecchio dies at 87

Leondardo Del Vecchio, the founder of eyewear emporium Luxottica, died in Milan at the age of 87. Del Vecchio sat at the helm of the largest distribution group in the eyewear world, and had a personal wealth of 25.8 billion dollars, making him the second wealthiest person in Italy. Awarded with Italy’s Knight of the Order of Merit for Labor, he...

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Fashion |PROFILE Featured

Leonardo Del Vecchio framed his own success with Luxottica

From the small factory he founded in 1961 near Venice, Leonardo Del Vecchio created an eyeglasses empire, and at 81 is invading the corrective lenses market by merging his Luxottica firm with Essilor. The merger story is the latest chapter in Del Vecchio's rags-to-riches story. Born in 1935 in Milan, Del Vecchio was sent to an orphanage at a...

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