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The Latest Breaking News from Del Vecchio

Luxottica founder's son resigns, says company has lost its soul

Leonardo Maria Del Vecchio has resigned as Ray-Ban chairman, accusing EssilorLuxottica's leadership of growing distant from staff.

Euronews

The Ray-Ban heir who wants to buy out his own family from the luxury brand

An heir to the Ray-Ban fortune has gone public with a direct appeal to his family's holding company, urging it to support his multi-billion-euro plan to buy out two of his siblings just days before a decisive shareholder vote.

Euronews

Ray-Ban heir escalates fight for family fortune control

Heir Leonardo Maria Del Vecchio is publicly challenging his family's holding company, Delfin, over a proposed 10 billion euro buyout of two siblings. He accuses the board of unclear governance and shifting positions, escalating a battle for control of a vast fortune. The deal, aimed at consolidating his stake and…

The Economic Times

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British couple killed, thrown to Crocodiles; ISIS-linked trio convicted after spending £37,000 on their cards

Three members of an ISIS-linked gang have been convicted of murdering British botanists Rod Saunders and Rachel Saunders before dumping their bodies in a crocodile-infested river in South Africa, bringing an end to a case that remained unresolved for more than eight years.

The Times of India

How the World’s 5 Youngest Billionaires Built — or Inherited — Their Empires

Here's how the world's youngest billionaires made their fortunes.

GOBankingRates

How Ray-Ban maker EssilorLuxottica’s all-pervasive €112 billion empire has disrupted how we see the world

EssilorLuxottica has is the undisputed leader on everything to do with vision. How does a company commanding an entire industry continue to grow?

Fortune

Billionaire, Former Banker Among Dozens Probed In Hacking Of Italian Government Databases

Four people are under house arrest in the case involving a private intelligence company that allegedly obtained financial and law enforcement information.

Latin Times

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Billionaire, Former Banker Among Dozens Probed In Hacking Of Italian Government Databases

Four people are under house arrest in the case involving a private intelligence company that allegedly obtained financial and law enforcement information.

International Business Times

Man jailed for 'malicious' stalking and threats to cop

A four-year jail term has been handed to a man whose crimes include trying to send a police detective's home address to an outlaw bikie gang.

AAP

Mental health respite facilities are filling care gaps in over a dozen states

If you or someone you know may be experiencing a mental health crisis, contact the 988 Suicide & Crisis Lifeline by dialing “988,” or the Crisis Text Line by texting “HOME” to 741741.

Tribune News Service

British couple robbed then thrown to crocodiles by trio with alleged ISIS links

Rod Saunders and wife Rachel, who were world-renowned botanists, were found dead while on a trip to a remote region of South Africa in 2018.

Daily Record

British botanists murdered and thrown to crocodiles in South Africa, court hears

Couple had been filming with a crew from BBC Gardeners World before they were kidnapped in forest reserve, the court heard

Evening Standard

Luxottica Eyewear Empire Founder Leonardo Del Vecchio Dies

Leonardo Del Vecchio, who founded eyewear empire Luxottica in a trailer and turned an everyday object into a global fashion item, becoming one of Italy's richest men in the process, died on Monday, the eyeglass company said. He was 87. "EssilorLuxottica announces with deep sorrow the passing of Chairman Leonardo…

Asharq Al-Awsat

What happens to Italian tycoon Del Vecchio's $29 billion Ray Ban fortune?

Leonardo Del Vecchio leaves a business empire worth 27 billion euros ($29 billion), ranging from the eyewear company that was his life's work to the stake in merchant bank Mediobanca he built in his 80s.

Reuters

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The Independent UK

Ray Ban eyewear empire founder Leonardo Del Vecchio dies

Leonardo Del Vecchio, who founded eyewear empire Luxottica and turned an everyday object into a global fashion item, has died in Italy

Reuters

Reaction to death of Italian business tycoon Del Vecchio

Leonardo Del Vecchio, the chairman of spectacles maker EssilorLuxottica and one of Italy's wealthiest business figures, has died aged 87.

Reuters

Del Vecchio rose from poverty to billions by adding style to spectacles

Businessman Leonardo del Vecchio, who has died aged 87, created the glasses company that owns brands including Ray-Ban and used his billions to become one of the most influential figures in Italian finance.

Reuters

Italian eyewear billionaire Leonardo Del Vecchio dies at 87

Italy's Leonardo Del Vecchio, who rose from childhood poverty to build the eyewear empire that owns brands such as Ray-Ban and Oakley, has died at the age of 87, his company said on Monday.

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