Luciano Benetton's Net Worth and Career

Luciano Benetton, born on May 13, 1935, is a renowned Italian businessman, fashion designer, and entrepreneur with a net worth of $3 billion. He co-founded the Benetton Group in 1965 alongside his siblings Carlo, Gilberto, and Giuliana. Currently, he serves as a non-executive Director on the board.

Luciano played a pivotal role in the company's growth and handed over control to his son in April 2012. This transition also marked the company's exit from the Milan stock exchange. Despite various market challenges, the Benetton Group has consistently maintained a market value around $2 billion over the past decade.

The Benetton brand is a global icon, available in over 120 countries. Beyond Benetton, Luciano is also a member of the Board of Directors at Edizione Holding, a financial holding company controlled by the Benetton family, which oversees diverse investments worldwide.