Leonardo Del Vecchio, the chairman of spectacles maker EssilorLuxottica (ESLOF) and one of Italy’s wealthiest business figures, has died aged 87, his company said on Monday.
“EssilorLuxottica sadly announces today that its chairman has passed away,” the group said in a statement, adding that the board would meet to “determine the next steps.”
Del Vecchio rose from a childhood in an orphanage to amass a fortune of tens of billions of euros in one of the most famous rags-to-riches stories in Italy’s post-war economic recovery.
“Leonardo Del Vecchio was a great Italian. His story, from an orphanage to the leadership of a business empire, seems like a story from another…
Source: Nigerian Tribune