There was an update on Jun 27, 2022.
According to Italian media reports, Leonardo Del Vecchio died on Monday at the age of 87.
Giorgio Armani and Leonardo Del Vecchio attended a Giorgio Armani event.
The 87-year-old died in Milan on Monday morning.
His cause of death was not given.
The Italian daily reported that Del Vecchio will divide his fortune between six of his children.
The world's largest maker and seller of sunglasses and prescription eyewear, as well as its own major brands like Ray-Ban and Oakley, also makes glasses for a number of luxury fashion brands.
$24.8 billion is the total amount of money. According to Forbes, that's the total net worth of the family. His family's fortune is 60th on Forbes' list of real-time billionaires.
The story is evolving.
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