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.
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
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