Pier Luigi Loro Piana: Pier Luigi Loro Piana Net Worth, Biography, Age, Spouse, Children & More

About Pier Luigi Loro Piana

Italian billionaire businessman Pier Luigi Loro Piana, born in Milan in December 1951, is a prominent figure in the high-end fashion industry. A graduate of Bocconi University with a degree in economics, he made headlines in 2013 by selling an 80% stake of the Loro Piana fashion empire to LVMH, a conglomerate owned by Bernard Arnault, for a staggering $2.6 billion. Despite this sale, he retains around a 10% share in the company. Away from the boardroom, Pier Luigi leads a family life with his wife and three children in Milan and is known for his passion for yachting. He annually hosts the Loro Piana Superyacht Regatta and, after losing his 130-foot yacht "My Song" to a shipping accident in May 2019, acquired a new Maxi Dolphin 51 ft. yacht, continuing his maritime interests.

Born

December 11, 1951 in Milan, Italy

Age

74 years

Source Of Wealth

Fashion

Industries

Fashion & Retail

Citizenship

Italy

Residence

Milan

Education

Bachelor of Arts/Science, Bocconi University

Children

Parent

Franco Loro Piana

Pier Luigi Loro Piana, an Italian billionaire businessman, was born in Milan, Italy, in December 1951. He is the son of Franco Loro Piana, who was the founder of the Loro Piana fashion company. Pier Luigi Loro Piana holds a bachelor's degree in economics from Bocconi University in Milan.

Pier Luigi Loro Piana: Family

Pier Luigi Loro Piana is married and has three children. He resides in Milan, Italy.

Pier Luigi Loro Piana: Career Highlights

Pier Luigi Loro Piana, along with his late brother Sergio, sold an 80% stake in the Loro Piana fashion company to Bernard Arnault's LVMH for a whopping $2.6 billion in 2013. Despite the sale, Pier Luigi still owns an estimated 10% stake in the company.

Pier Luigi Loro Piana: Companies

Pier Luigi Loro Piana is primarily known for his association with the Loro Piana fashion company, which is renowned for its high-quality fabrics and luxury goods.

Pier Luigi Loro Piana: Major Achievements

Pier Luigi Loro Piana's major achievement lies in his successful stewardship of the Loro Piana fashion company, which has grown into a global luxury brand under his leadership.

Pier Luigi Loro Piana: Awards & Achievements

There is no information provided about any specific awards or achievements received by Pier Luigi Loro Piana.

Pier Luigi Loro Piana: Personal Life & Legacy

Pier Luigi Loro Piana is known for his passion for sailing and hosts the annual Loro Piana Superyacht Regatta. He previously owned a 130-foot yacht named "My Song," which unfortunately met its fate in a shipping accident in May 2019. Pier Luigi has since replaced "My Song" with a Maxi Dolphin 51 ft. yacht.

Pier Luigi Loro Piana: Trivia

Pier Luigi Loro Piana is an avid art collector and has a particular interest in contemporary art.

Wealth History

Timeline

December 1951

Pier Luigi Loro Piana is born in Milan, Italy.

N/A

Pier Luigi Loro Piana receives a bachelor's degree in economics from Bocconi University in Milan.

2013

Pier Luigi Loro Piana and his late brother Sergio sell an 80% stake in the Loro Piana fashion company to Bernard Arnault's LVMH for $2.6 billion.

May 2019

Pier Luigi Loro Piana's 130-foot yacht, 'My Song,' is lost in a shipping accident.

N/A

Pier Luigi Loro Piana replaces 'My Song' with a Maxi Dolphin 51 ft. yacht.

Pier Luigi Loro Piana : FAQs

What is Pier Luigi Loro Piana's net worth?

As of 2018, Pier Luigi Loro Piana's net worth was $1.60 billion.

What are Pier Luigi Loro Piana's main sources of wealth?

Pier Luigi Loro Piana's main source of income comes from Fashion.

In which industry does Pier Luigi Loro Piana primarily operate?

Pier Luigi Loro Piana is primarily involved in the Fashion & Retail industry.

What is Pier Luigi Loro Piana educational background?

Pier Luigi Loro Piana holds a Bachelor of Arts/Science from Bocconi University.

How old is Pier Luigi Loro Piana?

Pier Luigi Loro Piana is 74 years old.

How many children does Pier Luigi Loro Piana have?

Pier Luigi Loro Piana has 3 children.

Who is Pier Luigi Loro Piana?

Pier Luigi Loro Piana is an Italian billionaire businessman, born in Milan, Italy, in December 1951. He is the son of Franco Loro Piana and holds a bachelor's degree in economics from Bocconi University in Milan.

How is Pier Luigi Loro Piana connected to LVMH?

Pier Luigi Loro Piana, along with his late brother Sergio, sold an 80% stake in the Loro Piana fashion company to Bernard Arnault's LVMH for $2.6 billion in 2013. He still owns an estimated 10% stake in the company.

What is known about Pier Luigi Loro Piana's family?

Pier Luigi Loro Piana is married and has three children. He resides in Milan, Italy, and is actively involved in the luxury lifestyle, hosting the annual Loro Piana Superyacht Regatta.

What happened to Pier Luigi Loro Piana's yacht 'My Song'?

Pier Luigi Loro Piana's 130-foot yacht named 'My Song' was lost in a shipping accident in May 2019. This unfortunate event took place while the yacht was being transported.

Did Pier Luigi Loro Piana purchase another yacht after 'My Song'?

Yes, after the loss of 'My Song,' Pier Luigi Loro Piana replaced it with a Maxi Dolphin 51 ft. yacht, continuing his passion for sailing and the maritime lifestyle.