⬅ # 684 Nicoletta Zampillo|# 686 Leonardo Maria Del Vecchio

# 685 Marisa Del Vecchio 

$4.85B

Real Time Net Worth
as of 5/29/2024
-$84.3M (-1.74%)

# 685 Marisa Del Vecchio 

$4.85B

Real Time Net Worth
as of 5/29/2024
-$84.3M (-1.74%)
OccupationPartial Owner, Luxottica
Source of WealthEyeglasses
Age65
ResidenceRome, Italy
Age-Adjusted Net Worth$3.46B
Marisa Del Vecchio
Marisa Del Vecchio
Italy
Net worth: $4.85B

Self-Made Score 

Biography

Overview

Marisa Del Vecchio is a billionaire heiress known for her inheritance from her father, Leonardo Del Vecchio, the late chairman of EssilorLuxottica, the world's largest eyeglasses firm.
She inherited a 12.5% stake in her father's Luxembourg-based holding company Delfin after his death, which also holds shares in various other companies.
Apart from her wealth, Marisa is recognized for her leadership at the Museum of Optics in Agordo, Italy, where her father established Luxottica in 1961.

Early Life and Family

Marisa Del Vecchio is one of three children from Leonardo Del Vecchio's first marriage to Luciana Nervo.
She has two siblings, Claudio and Paola, from the same marriage.
Leonardo Del Vecchio, her father, founded Luxottica in 1961, laying the foundation for her family's immense wealth.
Marisa grew up surrounded by the eyewear industry, which later influenced her involvement with Luxottica and other related ventures.

Professional Involvement

Marisa Del Vecchio is actively involved in the Museum of Optics in Agordo, continuing her father's legacy in the eyewear industry.
Her leadership in the museum underscores her commitment to preserving the heritage and advancements in optical technology.
While not directly involved in the day-to-day operations of EssilorLuxottica, her stake in Delfin aligns her interests with the conglomerate's success.
Marisa's influence extends beyond the business realm, encompassing cultural and philanthropic endeavors.

How long would it take you to become as rich as Marisa Del Vecchio?

If you started with $10,000 and invested an additional $500 each month at a 44.02% CAGR, it would take you 5 years to reach Marisa Del Vecchio's net worth of $4.85B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.57% compared to 11.75% for the S&P 500 benchmark.

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Marisa Del Vecchio is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Marisa Del Vecchio, Eyeglasses is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey