Carlo Benetton’s profile picture

Carlo Benetton

Carlo Benetton’s profile picture
Net worth 2018: $3.59 Billion
Residence: Treviso, Italy
Country: Italy
BirthDay: 1943
Children: 4
BIOGRAPHY

Carlo Benetton was bornon 1943 in Treviso, Italy, Italy. Carlo Benetton is #651 in List Billionaires People In The World. Along with his siblings Luciano, Giuliana, and Gilberto, Carlo Benetton helped found the Benetton Group clothing retailer in 1965. Their father died when eldest sibling Luciano was just 14 years old. To help his widowed mother, Luciano began working in a clothing store in Treviso, Italy. A bright yellow sweater knitted by Giuliana caught the attention of Luciano's colleagues and led the siblings to found the Benetton Group. Benetton expanded internationally, opening its first store outside Italy in Paris in 1969 and New York in 1980. The Benetton Group hit some turbulence in the late 1990s due to an overvalued Italian lira and falling demand for their colorful sweaters. The siblings convinced Luciano to step back and give professional managers a greater role. In 2012, the family took the company private; Luciano's son Alessandro took over as chairman until 2014. Through their holding company Edizione, the siblings have invested in Italian businesses with interests in the food & beverage, real estate and publishing sectors, and through Atlantia S.p.A., their most valuable asset: highway concessions.

NET WORTH STATISTIC
2009

$1.5 Billion

2010

$2.1 Billion

2011

$2.4 Billion

2012

$2.1 Billion

2013

$2 Billion

2014

$2.9 Billion

2015

$2.9 Billion

2016

$2.8 Billion

2017

$2.7 Billion

2018

$3.59 Billion

TIMELINE
2015

In May 2015, Forbes estimated the net worth of Carlo Benetton and each of his three siblings at US$2

1943

Carlo Benetton (born 1943) is an Italian billionaire businessman, one of the co-founders of Benetton Group, the Italian fashion brand

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