Nicola Bulgari Net Worth is$1.3 Billion
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Nicola Bulgari Net Worth: Nicola Bulgari is an Italian businessman who has a net worth of $1.3 billion. Nicola Bulgari has entered the billionaire rankings along with his brother Paolo, with whom he owns about 2.4 percent of LVMH. They are probably best known as the great-great-grandsons of Greek silversmith Konstantinos Voulgaris, the founder of the high-end Italian jewelry and luxury goods company, Bvulgaru. What was started as a small family business more than 150 years ago has turned into a deluxe brand of bold, hand-crafted gems that are worn by Hollywood beauties on the red carpets. It was in 2011 that the duo sold the company to the French luxury conglomerate LVMH in an all-share deal. One year later, as LVMH's stock rose, the Bulgaris sold a tiny portion of their stake to take care of taxes and other expenses. But, their mutual 2.4% stake of LVMH seemed just enough to land them both on the billionaires list for the first time in March 2013.
Bulgari (Italian pronunciation: [??bul??ari]) is an Italian jewelry and luxury goods company. The trademark is usually written BVLGARI in the classical Latin alphabet (where V = English U), and is derived from the surname of the company's Greek founder, Sotirios Voulgaris (Greek: ???????(R)???????? ???????>>??????????, Greek pronunciation: [so??tirjos ??vul??aris], Italian: Sotirio Bulgari, 1857???1932). The name Voulgaris itself contains the root word ???????>>?????? Greek for "Bulgarian". Furthermore in the company's native Italy the word Bulgari means "Bulgarians" or people of Bulgarian descent. Although the company made a name for itself with jewelry, today it is a diversified luxury brand that produces and markets several product lines including watches, fragrances, accessories, and hotels.

Sotirios Voulgaris began his career as a jeweller in his home village Paramythia (Epirus, Greece, ex-Ottoman Empire), where his first store can still be seen. In 1877, he left for Corfu and then Naples. In 1881 he finally moved to Rome, where in 1884 he founded his company and opened his second shop in via Sistina. The store in Via Sistina was then replaced by the current flagship store in via dei Condotti opened in 1905 by Bulgari with the help of his two sons, Costantino (1889???1973) and Giorgio (1890???1966).[citation needed]
During the Second World War, Costantino Bulgari and his wife Laura hid three Jewish women in their own Roman home. They were strangers to them; the Bulgaris opened their doors out of outrage for the raid of the Roman ghetto in October 1943. For their generous action, on 31 December 2003, they were awarded the title of Righteous among the Nations at Yad Vashem in Jerusalem.
After Giorgio's death in 1966, his son Gianni led the company as co-chief executive with his cousin Marina. As chairman and CEO of Bulgari in the early 1970s, Gianni initiated the internationalization of the company by opening shops in New York, Geneva, Monte-Carl

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Nicola Bulgari Latest News

Bulgari sues hotel for making him wait to renovate condo

He owns a Tuscan villa and Pennsylvania spread for his 150 vintage cars, but billionaire jeweler Nicola Bulgari really wants this Manhattan pad — and he wants it now. Bulgari is suing the board of the ...
Posted: October 31, 2016, 12:10 am

Bulgari Fetes Collection in Paris

Among the fans of the brand in attendance was Houston philanthropist Becca Cason Thrash, who said she had built up quite the collection during her first marriage with an Italian heir, who was friends ...
Posted: July 3, 2013, 8:44 am

Bulgari Rejuvenates the Double-B Classic with Two New Timepieces

The double-logo Bulgari watch was created in 1975 by the brothers Bulgari—Nicola, Gianni and Paolo—as a gift for the company’s 100 best clients. In so doing, Bulgari became one of the earliest brands ...
Posted: September 1, 2018, 11:33 am
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