EXPLAINED: Del vecchio | Vintage Vibes

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 · Aug 25

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 · Jun 22

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 · Jun 21

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 · Oct 27, 2024

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 · Apr 10, 2024

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 · Jul 14, 2023

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 · Apr 19, 2023

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 · Oct 4, 2022

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 · Jun 27, 2022

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 · Jun 27, 2022