Claudio Del Vecchio

Claudio Del Vecchio (born 1956) is an Italian businessman and was the chairman, CEO, and owner of Brooks Brothers Group, Inc., the holding company of Brooks Brothers.[2][3][4] In April 2023, Forbes estimated his net worth around $3.9 billion.[5]

Claudio Del Vecchio
Born1956 or 1957 (age 66–67)[1]
Italy
OccupationBusinessman
Spouse(s)
Laura Ballis
​
(divorced)​

Debra
Children3
Parent

Biography

His father Leonardo Del Vecchio was the billionaire founder of Luxottica, an Italian eyewear company, and Claudio has been called his "heir apparent".[1] His mother was Luciana Nervo, Leonardo Del Vecchio's first wife (out of three).[6]

In 1982, Del Vecchio was sent by his father to the United States to lead the Luxottica's US development. During his tenure as CEO of Luxottica during the 1990s, Del Vecchio took the company public, and led the acquisition of LensCrafters in 1995.[5][6] In 1998, he left Luxottica. He acquired and quickly turned around the struggling retailer Casual Corner. He acquired Brooks Brothers in 2001 and sold Casual Corner in 2005. Brooks Brothers filed for bankruptcy in September 2020 and was acquired by Authentic Brands.[6]

After the death of his father in 2022, he inherited 12.5% stake of the family's Luxembourg-based holding company Delfin. He owns shares of Generali, Mediobanca, UniCredit and Covivio.[5]

Personal life

Claudio Del Vecchio lives in nine-bedroom estate in Muttontown, Long Island, that has been listed for $11 million in 2021.[6]

His brother Leonardo Maria is head of Italian retail for Luxottica. His son Matteo is a senior vice president of EssilorLuxottica North America.[6]

Honors

References
  1. "Leonardo Del Vecchio - The Florentine". theflorentine.net. 11 October 2012. Retrieved 18 September 2018.
  2. Browning, Lynnley (December 23, 2001). "Private Sector; Crown Jewel for a Fashion Heir?". The New York Times. Retrieved April 9, 2016.
  3. "Claudio Del Vecchio, Brooks Brothers Inc: Profile and Biography - Bloomberg Markets". Bloomberg.com. Retrieved 2020-06-25.
  4. Friedman, Vanessa; Maheshwari, Sapna (2020-06-05). "Brooks Bros., 'Made in America' Since 1818, May Soon Need a New Calling Card". The New York Times. ISSN 0362-4331. Retrieved 2020-06-25.
  5. "Claudio Del Vecchio". Forbes. Retrieved 2023-04-16.
  6. Tognini, Giacomo. "Here's How Many Billions The Heirs Of Italy's Second Richest Man–Who Died Monday–Stand To Inherit". Forbes. Retrieved 2023-04-16.


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