On the list of world’s richest people, 19-year-old Clemente Del Vecchio is ranked number 731 with a net worth of $4 billion (N4 trillion).
The teenager is one of six children of Leonardo Del Vecchio, the late chairman of EssilorLuxottica, the world’s largest eyeglasses firm who died in June 2022.
He inherited a 12.5% stake in his father’s Luxembourg-based holding company Delfin after his death, along with his stepmother and six siblings.
Besides EssilorLuxottica, Delfin also owns shares in insurer Generali, banks Mediobanca and UniCredit and real estate developer Covivio.
He is one of two children Del Vecchio had with Sabina Grossi, Luxottica’s former head of investor relations, along with his brother Luca.
After inheriting his stake in his father’s fortune in 2022, Clemente became the world’s youngest billionaire at age 18.
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