Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mahatmakanejeeves

(57,687 posts)
Mon Jun 27, 2022, 03:07 PM Jun 2022

Luxottica Founder Leonardo Del Vecchio Dies Aged 87

ACCESSORIES / EYEWEAR

Luxottica Founder Leonardo Del Vecchio Dies Aged 87

Del Vecchio was the embodiment of the self-made man, building the giant eyewear company and becoming one of the wealthiest and most influential men in Italy.


By LUISA ZARGANI
Bureau Chief, Milan

JUNE 27, 2022, 4:18AM



MILAN — Luxottica founder and chairman Leonardo Del Vecchio, who became chairman of EssilorLuxottica after the merger of the French and Italian groups, died Monday morning at age 87 at the San Raffaele hospital in Milan. One of the wealthiest and most influential entrepreneurs in Italy, Del Vecchio was the embodiment of the self-made man ...

{paywall}
5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Luxottica Founder Leonardo Del Vecchio Dies Aged 87 (Original Post) mahatmakanejeeves Jun 2022 OP
RIP dude but your company is a monopoly and is the reason glasses are so $$$ esp in the US CurtEastPoint Jun 2022 #1
How much money did he take with him? Effete Snob Jun 2022 #2
Good riddance. He ruined the eyewear market and drove prices through the roof. eppur_se_muova Jun 2022 #3
Good riddance. He tried to create a monopoly and is the man most responsible... Raster Jun 2022 #4
His kid killed off Brooks Brothers. Tomconroy Jun 2022 #5

eppur_se_muova

(36,309 posts)
3. Good riddance. He ruined the eyewear market and drove prices through the roof.
Mon Jun 27, 2022, 03:29 PM
Jun 2022

EssilorLuxottica was striving to be a monopoly, and might have made if not for the Internet. Not that that's really a substitute for knowledgeable, local opticians, so many of whom have gone out of business.

https://www.thestreet.com/lifestyle/yes-you-re-overpaying-for-your-glasses-13902676

Raster

(20,998 posts)
4. Good riddance. He tried to create a monopoly and is the man most responsible...
Mon Jun 27, 2022, 04:06 PM
Jun 2022

...for the prices of eyewear jumping so high.

Yeah, he was self-made... at the expense of others.

Latest Discussions»Issue Forums»Economy»Luxottica Founder Leonard...