Luciano Benetton (born 13 May 1935) is an Italian billionaire businessman, one of the co-founders of Benetton Group, the Italian fashion brand.
Early life
Luciano Benetton was born on 13 May 1935 in Treviso, Italy. Following the death of his father, he left school at 14,and worked in a clothing shop.
Career
In 1965, together with his siblings, Giuliana Benetton, Carlo Benetton and Gilberto Benetton, he founded Benetton Group.
In May 2015, Forbes estimated the net worth of Luciano Benetton and each of his three siblings at US$2.9 billion.
Personal life
He is married with four children and lives in Treviso, Italy. His son, Alessandro Benetton was chairman of Benetton Group from April 2012 to May 2014.
Summary
Luciano Benetton | |
---|---|
Born | 13 May 1935 |
Residence | Treviso, Italy |
Nationality | Italian |
Occupation | Co-founder of Benetton Group |
Net worth | $2.9 billion (May 2015) |
Spouse(s) | married |
Children | 4 (including Alessandro Benetton) |
Family | Giuliana Benetton (sister) Carlo Benetton (brother) Gilberto Benetton (brother) |
Known for serving as the Chairman of the Board of Benetton Group before, Luciano Benetton is an Italian businessman, fashion designer and entrepreneur with an estimated net worth of $2.9 billion as of May 2015 according to Forbes. Together with his siblings, Carlo, Gilberto and Giuliana, Luciani Benetton founded the Benetton Group in 1965. When his son took over his position in April 2012, Luciano Benetton de-listed the group from Milan Stock Exchange. In the past decade, there hasn’t been a significant change in value and sales of the fashion group. In 2001, the group was valued at $2.1 billion but in 2011, Benetton Group has a market value of just little over $2 billion. Currently, the brand is sold in over 12o countries worldwide.
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