Pier Luigi Loro Piana

Pier Luigi Loro Piana (born December 1951)[2] is an Italian billionaire businessman.[1]

Pier Luigi Loro Piana
BornDecember 1951 (age 69)
Milan, Italy
NationalityItalian
Net worthUS$1.5 billion (August 2018)[1]
Spouse(s)married
Children3
Parent(s)Franco Loro Piana
RelativesSergio Loro Piana (brother)

Early life

He was born in Milan, Italy, the son of Franco Loro Piana. He received a bachelor's degree in economics from Bocconi University in Milan.[1]

Career

In 2013, Pier Luigi Loro Piana and his late brother Sergio sold an 80% stake in the Loro Piana fashion company to the French billionaire Bernard Arnault's LVMH for US$2.6 billion. Pier Luigi owns an estimated 10% stake in the Loro Piana company.[1]

Personal life

He is married with three children, and lives in Milan, Italy.[1]

He hosts the annual Loro Piana Superyacht Regatta, and had a 130-foot yacht, My Song,[1] which was the fourth incarnation of this boat.[3] My Song was lost in a shipping accident while en route from the Caribbean to the Balearic Islands in late May 2019.[4] According to information collected in a luxurious hotel in Positano (that he visits since 2006),[5] he replaced his superyacht with a Maxi Dolphin 51 ft.

References

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