Giuseppe De'Longhi is the chairman of De'Longhi SpA, a company founded in 1902 in Treviso, Italy that has evolved from providing spare heating parts to local businesses to producing coffee makers and espresso machines. His son Fabio is the CEO and the company had 2015 revenues of $2 billion. Giuseppe sold 5% of his shares in the company to Dutch pension asset manager APG Asset Management for $163 million and his majority stake in Italian industrial heating company DelClima to Mitsubishi Electric for $554 million. De'Longhi's products range from $99 espresso machines to the top of the line PrimaDonna coffee maker, which retails for $3,499 in the U.S.
Giuseppe De'Longhi is a member of Fashion & Retail
Giuseppe De'Longhi, renowned for his involvement in the fashion and retail industry in Italy, has amassed a remarkable net worth estimated at $4.39 billion as of 2024. De'Longhi's contributions to the fashion sector have been instrumental in elevating the industry in Italy to new heights. Through his innovative business strategies and keen understanding of consumer trends, he has successfully established himself as a prominent figure in the world of fashion and retail. With his vast wealth, De'Longhi continues to revolutionize and shape the Italian fashion scene, leaving an indelible mark for years to come.
2014
$2.2 Billion
2015
$2.9 Billion
2016
$3.4 Billion
2017
$3.8 Billion
2018
$4.39 Billion
Some Giuseppe De'Longhi images
Biography/Timeline
2015
As of August 2015, he had a net worth estimated by Forbes at $3.6 billion.