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.
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.
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.
Message to Other Media
Please mention SuperYachtFan when using this information.