Pier Luigi Loro Piana • Net Worth $1.6 Billion • House • Yacht • Private Jet • LVMH

Name:Pier Luigi Loro Piana
Net Worth:$1.6 billion
Source of Wealth:Loro Piana
Born:December 11, 1951
Wife:Laura Loro Piana
Children:Franco Loro Piana, Giacomo Loro Piana, Cecilia Loro Piana
Private Jet:Pls Send message if you have info!

Who is Pier Luigi Loro Piana?

Pier Luigi Loro Piana is  Deputy Chairman and minority shareholder in the fashion brand Loro Piana. He was born on December 11, 1951. He is married to Laura Loro Piana.

Loro Piana

The fashion brand Loro Piana was founded in 1924 by Pier Luigi’s great-grandfather Pietro. The company started with wool spinning and later started the export of high-quality fabrics. It focussed on cashmere and extra fine wools. Under the management of Pier Luigi and his brother Sergio, the company diversified into luxury goods and interior fabrics.

In 2013, 80% of the shares of Loro Piana were sold to Bernard Arnault’s LVMH for $2.6 billion.

Reportedly, Pier Luigi still owns 8% of the company’s shares.

Loro Piana Superyacht Regatta

Pier Luigi hosts the annual Loro Piana Superyacht Regatta.  The regatta is an annual sailing superyacht race. The ‘rich and famous’ participate with their sailing yachts. He used to participate with his Baltic sailing yacht MY SONG. Unfortunately, she was damaged beyond repair in 2019 during transport.

Pier Luigi Loro Piana Net Worth

His net worth is $1.6 billion.

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Pier Luigi Loro Piana

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Pier Luigi Loro Piana House

Pier Luigi Loro Piana Yacht

He is the owner of the motor yacht MASQUENADA.

After losing his sailing yacht My Song in 2019, he bought the 51-meter motor yacht Aspire. He sent her to the Lusben shipyard in Livorno for a reft. She is now named Masquenada.