The cinematic story of Vecchio, who grew up in an orphanage and became wealthy enough to buy Ray-Ban as a factory worker
July 4, 2024
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Businessman Leonardo Del Vecchio, who has died aged 87, owned brands including Ray-Ban. starting an eyewear company In particular, he became one of the most important names in
Businessman Leonardo Del Vecchio, who has died aged 87, owned brands including Ray-Ban. starting an eyewear company In particular, he became one of the most important names in Italian finance.
Leonardo’s net worth is reported to be $27.3 billion according to Forbes, and his steps towards success are quite inspiring. Starting in the orphanage The continuing story of factory work, How did it evolve here?
Leonardo Del Vecchio was born an unhappy child.
Leonardo Del Vecchio’s father, born in Milan in 1935, was not alive when he was born. His mother could not make ends meet and, due to poverty, left Leonardo alone. leave it in an orphanage He had to.
During his adolescence, Leonardo worked in an iron factory producing molds for car parts and eyeglass frames. with flames and metal It was intertwined. He also learned to make badges and medals here.
He went one step further.
He thought he could make glasses with these small irons, and thanks to the money he saved and a small loan, he made his own glasses at the age of 25. An eyewear workshop called “Luxottica” Founded. The name of the glasses produced in the workshop was “Luxottica”. A small workshop in Milan would reshape the eyewear industry.
Luxottica not only produces glasses, but also A fashion statement, but also a necessity It showed that this was so. In other words, he transformed vision from a tool into an essential accessory. Of course, not everything was easy at first and he encountered many stumbling blocks.
However, Leonardo never gave up and continuously improved his business model.
He saw failures as stepping stones to success, and sometimes he stepped down from the helm and handed over control to professional managers. His company thus lasted much longer. Even after a while Enough to buy Ray-Ban went to an advanced level.
By purchasing other brands such as Sunglass Hut and Oakley Bulgari and Chanel It has become a name that produces eyewear for almost all brands on the market, including. Leonardo, who died in 2022, is currently the 52nd richest person in the world according to Forbes’ billionaire ranking.
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.