Luciano Benetton
Fashion and Retail

Luciano Benetton Net Worth

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Luciano Benetton was born in Treviso, Italy in 1935. After his father's death, he began working at a clothing store to help support his family. His sister's bright yellow sweater caught the attention of his colleagues, inspiring him to found the Benetton Group in 1965 with his siblings. The company grew to become a global fashion brand, opening its first store outside Italy in 1969 and reaching New York in 1980. In 2012, the family took the company private and Luciano's son Alessandro took over as chairman until 2014. Alessandro has since resigned and is now focused on expanding his private equity firm, 21 Investimenti. The Benetton siblings are all billionaires due to their non-clothing investments.
Luciano Benetton is a member of Fashion and Retail

Age, Biography and Wiki

Birth Day May 13, 1935
Birth Place Treviso, Italy, Italy
Age 88 YEARS OLD
Birth Sign Gemini
Residence Treviso, Italy
Occupation Co-founder of Benetton Group
Spouse(s) married
Children 4 (including Alessandro Benetton)
Family Giuliana Benetton (sister) Carlo Benetton (brother) Gilberto Benetton (brother)

💰 Net worth: $3.2 Billion (2024)

Luciano Benetton, a prominent figure in the world of fashion and retail in Italy, is expected to have a net worth of $3.2 billion by 2024. Known for co-founding the renowned fashion brand Benetton Group along with his siblings, Luciano played a pivotal role in transforming the company into a global fashion powerhouse. With his innovative and forward-thinking approach, he successfully expanded the brand's presence across the globe, establishing numerous retail outlets and achieving significant commercial success. Through his visionary leadership, Luciano has not only left an indelible mark on the fashion industry but has also amassed substantial wealth, solidifying his position as one of the wealthiest individuals in Italy.

2009 $1.5 Billion
2010 $2.1 Billion
2011 $2.4 Billion
2012 $2.1 Billion
2013 $2 Billion
2014 $2.9 Billion
2015 $2.9 Billion
2016 $2.8 Billion
2017 $2.7 Billion
2018 $3.58 Billion

Biography/Timeline

1935

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

1965

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

1978

He served as the chairman of Benetton from 1978 to 2012.

2003

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

2012

He is married with four children and lives in Treviso, Italy. His son, Alessandro Benetton chaired Benetton Group from April 2012 to May 2014.

2015

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

Some Luciano Benetton images

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.