RIP to an eyewear legend - The Hustle
The Hustle

RIP to an eyewear legend

Eyewear tycoon Leonardo Del Vecchio passed away at the age of 87.

In the world of sunglasses, there is one company that rules them all: Luxottica.

While you may not be familiar with that name, you’re likely familiar with its subsidiaries like Oakley, Ray-Ban, and Sunglass Hut.

Luxottica has humble beginnings

It was founded by Leonardo Del Vecchio as a workshop that made parts for other eyewear makers in 1961.

The company eventually started producing its own glasses, and expanded its empire through a series of sharp business moves, per Forbes:

As you might expect, these moves were lucrative for the company and its founder.

Del Vecchio was born in 1935…

… to an impoverished family in Milan and raised in an orphanage. He passed away yesterday at age 87 as the proprietor of a ~$25B fortune.

When asked the secret to his success, Del Vecchio replied, “I’ve always strived to be the best at everything I do — that’s it.”

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