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!

Introducing Pier Luigi Loro Piana

Pier Luigi Loro Piana, born on December 11, 1951, serves as the Deputy Chairman and minority shareholder of the prestigious fashion brand Loro Piana. Married to Laura Loro Piana, Pier Luigi has played a significant role in shaping the company’s success and global reputation for luxury.

The Evolution of Loro Piana

Founded in 1924 by Pier Luigi’s great-grandfather Pietro, Loro Piana began as a wool spinning business that later expanded into exporting high-quality fabrics. Over time, the company specialized in cashmere and extra fine wools, eventually diversifying into luxury goods and interior fabrics under the management of Pier Luigi and his brother Sergio.

In 2013, 80% of Loro Piana’s shares were sold to LVMH, Bernard Arnault’s luxury conglomerate, for $2.6 billion. Pier Luigi reportedly still owns 8% of the company’s shares.

Loro Piana Superyacht Regatta

A sailing enthusiast, Pier Luigi hosts the annual Loro Piana Superyacht Regatta, a high-profile sailing race featuring the world’s most luxurious superyachts. The event attracts the “rich and famous,” who participate with their own sailing yachts. Pier Luigi himself used to compete with his Baltic sailing yacht MY SONG until it was unfortunately damaged beyond repair in 2019 during transport.

Net Worth of Pier Luigi Loro Piana

With his influential role in the luxury fashion industry and stake in Loro Piana, Pier Luigi’s net worth is estimated at $1.6 billion.

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Pier Luigi Loro Piana

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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.