Mario Moretti Polegato Net Worth is$1.8 Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Mario Moretti Polegato Net Worth: Mario Moretti Polegato is an Italian businessman who has a net worth of $1.8 billion. He secured a place for himself in the billionaire circles thanks to his active involvement in the footwear industry. Actually, he rose to riches as founder and chairman of the Geox Group, known for using waterproof/breathable fabrics. It was in 1995 that Polegato patented his "breathable shoe" technology with the formation of shoemaker Geox. Over the years, the company grew and today it offers a wide span of products ranging from footwear for men, women and children to all kinds of apparel. Nowadays, the company makes distributions to high-end retailers and has numerous company-owned stores in large markets. However, it couldn't avoid the impact of Europe's weak economy and Geox saw its net sales drop 9% to $913 million (702 million euros) in the first nine months of 2012. Still, by the end of 2012, the company expanded by opening new stores in Moscow, Hong Kong and three mainland Chinese. The father of shoes who breathe, Mario Moretti Polegato became a recipient of Ernst Entrepreneur of the Year award in 2002, and the next year he was again named by Ernst and Young as the Best Italian Entrepreneur. He received one more accolade in 2010 when CNBC and The Financial Times selected him to become the recipient of European Business Leader Award (Ebla) for the Innovator of the Year category.
Geox is an Italian brand of shoe and clothing manufactured with waterproof/breathable fabrics.


The company was founded in 1995 by Mario Polegato. The brand name, Geox, was created from a mixture between the Greek word ???geo??? (earth), and ???x???, a letter-element symbolizing technology.
Polegato was born in 1952 near Treviso. Originally groomed to take over the family wine-making business, company promotional material has it the idea for the shoe came when he participated in a wine industry conference in Reno; while out jogging in Reno's hot desert climate, his feet got hot from the exertion and he had the idea to cut a couple of holes in the soles of his shoes with a Swiss Army knife.
He developed the idea into a viable product with the help of a small leather-goods business his family owned.
After unsuccessfully pitching his invention to several established footwear manufacturers, but after having passed the market testing phase for a line of children???s footwear, Polegato began large-scale production of shoes under the Geox brand name. That same year, he improved the original patent and extended the product range to men???s and women???s footwear.[citation needed]
The Geox group has consistently invested in innovation, ever since it was founded. Its Montebelluna head offices are host to R&D facilities, which are unique in their kind[citation needed]. Here, 15 engineers, chemists and physicists are employed in research on perspiration and human-generated heat-movement patterns, testing all materials used in their footwear and manufacturing clothing.
The Montebelluna based team of scientists have created and patented new machinery to help them pursue their research. Geox also works with major research labs and universities to test and refine new technology.

(Visited 6 times, 1 visits today)

Mario Moretti Polegato Latest News

Chinese innovation draws international attention at the WEF

Over the years, however, more and more achieve that status. Italian entrepreneur Mario Moretti Polegato, CEO of fashion brand GEOX, provided Xinhua with examples of the Chinese dynamism and circulatio...
Posted: January 25, 2015, 11:28 pm

One step at a time: Geox President Mario Moretti Polegato

So you left the family business when you returned? After I had got back from that business trip, I employed a team of five people in a garage to help develop this technology for rubber shoes. I immedi...
Posted: January 28, 2017, 5:28 am

Italian footwear brandGeox walks into India

G&B Footcorp will set up stores for the brand in India. They will identify the retail location and market the brand in India,” Mario Moretti Polegato, Chairman and founder, Geox, told Business Line. T...
Posted: April 10, 2013, 8:47 am
Related Topics:
How Much Is Mario Moretti Polegato Earnings, How Much Is Mario Moretti Polegato Income, How Much Is Mario Moretti Polegato Net Worth, How Much Is Mario Moretti Polegato Salary, How Much Is Mario Moretti Polegato Worth, Mario Moretti Polegato, Mario Moretti Polegato 1995, Mario Moretti Polegato Age, Mario Moretti Polegato Amante, Mario Moretti Polegato Bio, Mario Moretti Polegato Biography, Mario Moretti Polegato Bloomberg, Mario Moretti Polegato Contact, Mario Moretti Polegato Country, Mario Moretti Polegato Date Of Birth, Mario Moretti Polegato Diadora, Mario Moretti Polegato Earnings, Mario Moretti Polegato Ethnicity, Mario Moretti Polegato Family, Mario Moretti Polegato Forbes, Mario Moretti Polegato Geox, Mario Moretti Polegato Gossips, Mario Moretti Polegato Height, Mario Moretti Polegato History, Mario Moretti Polegato Home Town, Mario Moretti Polegato Images, Mario Moretti Polegato Income, Mario Moretti Polegato Interview, Mario Moretti Polegato Job, Mario Moretti Polegato Moglie, Mario Moretti Polegato Nationality, Mario Moretti Polegato Net Worth, Mario Moretti Polegato Networth, Mario Moretti Polegato News, Mario Moretti Polegato Partner, Mario Moretti Polegato Place Of Birth, Mario Moretti Polegato Profile, Mario Moretti Polegato Residence, Mario Moretti Polegato Rumors, Mario Moretti Polegato Salary, Mario Moretti Polegato Secrets, Mario Moretti Polegato Shoe, Mario Moretti Polegato Videos, Mario Moretti Polegato Vino, Mario Moretti Polegato Weight, Mario Moretti Polegato Wiki, Mario Moretti Polegato Worth, Who Is Mario Moretti Polegato,