The 31-year-old billionaire Ray-Ban heir fighting to control the family’s fortune (australia) — SMH
SMH ·australia ·3 hours ago

The 31-year-old billionaire Ray-Ban heir fighting to control the family’s fortune

Leonardo Maria Del Vecchio challenged his family's holding company on June 30 to support his €10 billion buyout of his siblings' stakes. The 31-year-old heir accused the board of failing to clarify its shifting stance on the deal, emphasizing governance issues amidst a power struggle for control of the family’s fortune.

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Summary by OZbrief Editorial · SMH · Source

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Published 22 Jun 2026, 20:24 UTC · Updated 22 Jun 2026, 20:30 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections