Name
Paolo Bulgari
Primary Residence
Rome, Italy
Citizenship
Italy
Source Of Wealth
luxury goods
Net Worth
$1,300,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1818
Forbes List Rank One: Title
#1818 Billionaires 2019
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Summary
Paolo Bulgari, a great-grandson of the founder of luxury jeweler Bulgari, joined the company when he was 18. A law student at the time, he was asked by his father to design necklaces, rings and bracelets. Paolo became chairman of Bulgari in 1984, while his brother Nicola became vice chairman.In 2011, the Bulgari family sold its controlling stake to French luxury conglomerate LVMH for $5.2 billion in cash and stock.He serves on the advisory board for LVMH.
Did you know?
Paolo has designed jewelry for generations of Hollywood actresses, from Elizabeth Taylor to Nicole Kidman.Bulgari financed a year-long restoration project of the Spanish Steps in Rome for a reported $1.6 million and wants restricted access to the monument to protect it.
Age
81
Categories
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