Name
Brunello Cucinelli
Primary Residence
Solomeo, Italy
Citizenship
Italy
Source Of Wealth
fashion, Self Made
Net Worth
$1,400,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1425
Forbes List Rank One: Title
#1425 Billionaires 2019
- Leave a review
- Bookmark
- Share
- Claim listing
- Report
- prev
- next
Summary
The "king of cashmere," designer Brunello Cucinelli dropped out of engineering school and used a $550 loan to launch a fashion line in 1978.Inspired by brightly-colored wool sweaters, he set out to create a similar garment in cashmere.Today his eponymous luxury brand is best known for those cashmere sweaters, but also sells dresses, suits, shoes, handbags and accessories.Cucinelli took the $630 million (2018 sales) company public in 2012, listing its shares on the Italian stock exchange.Since 1985 he has operated Brunello Cucinelli SpA from his headquarters in Solomeo, a medieval Italian hamlet that he has renovated for his employees.
Did you know?
Cucinelli espouses a theory of "neohumanistic capitalism" in which he aims to share his company's profits and "humanize" his 1,500 workers.He does not allow work after 5:30 pm and serves 90-minute homemade lunches prepared by the housewives of Solomeo.
Age
65
Categories
Number of Children
2
You May Also Be Interested In
×
Add a review