An Italian entrepreneur named Diego Della Valle has a net worth of $1.9 billion.
He was born in Sant’Elpidio a Mare, Italy, on December 30, 1953, and he and his brother Andrea Della Valle have a family legacy of shoemaking.
His grandfather, Filippo Della Valle, started a shoemaking business in the 20th century, and later, his father, Dorino Della Valle, was in charge of the company.
The brothers eventually acquired the family business, and Diego was enthusiastic about expanding the family tradition into the renowned Tod’s restaurant in 1978.
The Italian leather company is engaged in the production of high-end shoes and purses, and is thriving due to the 14% rise in sales in China and Hong Kong.
Diego, who graduated from the University of Bologna with a Law degree, is now the Chairman and CEO of Tod’s, and he and his brother Andrea possess 56% of the company’s shares. Additionally, the Della Valle duo is affiliated with Piaggio & S.p.A.
They possess a 22% ownership in Bialetti Industrie SpA and 11% ownership in Bialetti Industrie SpA, as well as holding shares in Marcolin and U.S.
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Besides his interests, Diego is a board member for several companies, including Banca Nacionales del Lavoro, Maserati, Ferrari, and LVHM.
In addition, he has contributed $33 million to the refurbishment of the dilapidated Coliseum in Rome.
Moreover, Diego is the individual who publicly denounced Silvio Berlusconi for taxing large corporations excessively and disregarding the needs of small businesses.