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Luciano Benetton

Italian businessman (born 1935) From Wikipedia, the free encyclopedia

Luciano Benetton
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Luciano Benetton (born 13 May 1935) is an Italian billionaire businessman and one of the co-founders of Benetton Group, an Italian fashion brand. He served as the chairman of Benetton from 1978 to 2012.[1]

Quick facts Member of the Senate, Personal details ...
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Early life

Luciano Benetton was born on 13 May 1935 in Treviso.[2] His father had a small business and following his death,[3] Benetton dropped out of school at the age of 14 to work in a clothing shop.[2] He saved money to buy a $200 knitting machine and teamed up with his sister to produce a collection of twenty pieces of yellow, green and pale blue sweaters.[4]

Career

In 1965, together with his siblings Giuliana, Carlo and Gilberto, he founded Benetton Group.[2][5]

In 1992, he was elected to the Italian Senate.[6]

In 2003, he announced that his family is stepping down from running the company, due to decreasing sales and increased competition.[7]

In 2006, he founded the Imago Mundi Collection, a collection of contemporary art in 10 by 12 cm format from around the world.[8]

In May 2015, Forbes estimated the net worth of Luciano Benetton and each of his three siblings at US$2.9 billion.[9]

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Personal life

He is married with four children and lives in Treviso.[9] His son Alessandro chaired Benetton Group from April 2012 to May 2014.[10][11]

References

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