Mario Moretti Polegato’s profile picture

Mario Moretti Polegato

Mario Moretti Polegato’s profile picture
Net worth 2018: $2.05 Billion
Residence: Crocetta del Montello, Italy
Country: Italy
BirthDay: 16 August 1952
Sigh: Virgo
Children: 1
BIOGRAPHY

Mario Moretti Polegato was bornon 16 August 1952 in Crocetta del Montello, Italy, Italy. Mario Moretti Polegato is #1212 in List Billionaires People In The World. Mario Moretti Polegato founded shoemaker Geox in 1995, with his patented "breathable shoe" technology. The son of winemakers, he had worked in the family business after graduating from university. But in 1989 he got hot while walking in Nevada and cut holes in his shoes, sparking the idea to invent a shoe membrane that let in air but stopped dirt and water. Nike turned down the idea. Moretti took Geox public in 2004. In 2015, his company had revenues of $900 million from selling shoes all over the world. In late 2015, he inked a distribution deal with Hong Kong-listed Pou Sheng International, a leading footwear retailer in China. Moretti Polegato spends much of his time teaching intellectual property at universities around the world. In 2004, he founded il Ponte del Sorriso ("Bridge of Smiles"), a nonprofit that helps orphaned Romanians.

NET WORTH STATISTIC
2009

$1.5 Billion

2010

$2.4 Billion

2011

$2.3 Billion

2012

$1.8 Billion

2013

$1.8 Billion

2014

$2.3 Billion

2015

$1.85 Billion

2016

$1.8 Billion

2017

$1.6 Billion

2018

$2.05 Billion

TIMELINE
2015

He received the America Award of the Italy-USA Foundation in 2015

2014

In July 2014, he became a member of the Regency Council of the Bank of Italy

2010

In 2010, he received the European Business Leader Award (EBLA) for the Innovator of the Year category, an acknowledgement that the Financial Times and the CNBC bestow on key players in the global economy every year

2009

Through this company, he controls Geox and Diadora, the Italian brand that represents sport worldwide, which was taken over in 2009 and is led by his son Enrico

2005

In 2005, the former Italian President Carlo Azeglio Ciampi bestowed him the title of Cavaliere del Lavoro della Repubblica Italiana (Knight of Labour), whereas in 2006 the Italian President Giorgio Napolitano awarded him the title of Grande Ufficiale della Repubblica (Great Officer of the Republic)

2002

In 2002, he was nominated Entrepreneur of the Year – a title given to him by Ernst & Young - and in 2003 he received the Best Italian Entrepreneur in the World award, also from Ernst & Young Global

2000

During his working life, Mario Moretti Polegato has received many acknowledgements including Knight of the National Order of Merit from the President of Romania in 2000

1997

He has held the diplomatic position of Honorary Consul General of Romania for North-East Italy since 1997, and he has been a member of the Executive Board of Confindustria (General Confederation of Italian Industry) since 2003

1990

In the early 1990s, when walking through the desert in Nevada, where he was taking part in a wine fair, to relieve his feet that were overheated due to the rubber-soled shoes he was wearing, he made holes in both soles with a Swiss army knife

1952

Mario Moretti Polegato (born 16 August 1952 in Crocetta del Montello, Italy) is an Italian entrepreneur, active in the footwear sector, who founded the company Geox of which he is the president

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