Leonardo Del Vecchio

“And before he died, Delvecchio did the deal with Mark Zuckerberg to produce the glasses that Meta's making.”

“In 1961, Delvecchio invest 500,000 lira for 33% of the company. So that's about 6000 euros today. So he puts in 6000 euros for 33% of this company. 60 years later. His shares will be worth twenty five billion euros from 6000 euros to twenty five billion in 60 …”

“So this is where he signs that agreement and he insists to get five percent of the company. Delvecchio wisely gives him five percent of the company. Why is that important? Because Armani is another turning point for Delvecchio. Armani glasses alone. This is a …”

“He says, I follow the performance of our 1500 reps every day.”

“He buys 50% of his largest American distributor for eleven million dollars at a time when his entire company is just doing a fourteen million in revenue.”

“He now sells more than 10 times the amount of Ray-Bans as when he bought the company.”