Patrizio Bertelli Net Worth is$1.4 Billion
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Patrizio Bertelli serves as the Chief Executive Officer of Prada S.p.A. and has a net worth of $1.4 billion. Patrizio Bertelli earned his net worth in business setting-up a small factory in Arezzo to produce belts and bags and signed a contract to produce a leather accessories collection for the Prada label. He is the mastermind behind a label. Most people associate with his wife, Miuccia Prada, the avant-garde designer who over the years has created global sensations out of industrial nylon black backpacks, wallpaper-motif pleated skirts, tiedyed dresses and thick high-heeled wedge shoes, to name just a few. When the couple first met at a trade fair in Milan, Bertelli has encouraged his wife to take risks that have transformed the company into a global fashion conglomerate with $2.4 billion in sales, four labels. The partnership him and his wife is the heart of a firm that has thrived for the past quarter century as a distinctly family-run enterprise-with Bertelli as paterfamilias. He is the predominant business force in the company who is responsible for the commercial side of products and Prada's retail strategy. In the business environment, Patrizio Bertelli is described as an "entrepreneur who works with challenges in mind." The design house has grown into an international conglomerate that added labels such as Fendi, Helmut Lang, Jill Sander, and Azzedine Alaia to its portfolio of brands. The company has expanded into leather goods, shoes, fragrances, and apparel for both men and women. He is a keen sailor, and he challenged for the America's Cup, the world's most prestigious yachting trophy, in 2000 and in 2003. In 2004, he partner shipped with the Telecom Italia Group, the new syndicate "Luna Rossa", to compete in the 2007 edition, which sailed in Valencia (Spain). Patrizio Bertelli was born on June 4th , 1946 in Italy.

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Patrizio Bertelli Latest News

Sailing: Monohulls confirmed for next America's Cup

The America's Cup is confirmed to return to monohulls. Patrizio Bertelli, who heads challenger of record Luna Rossa - the syndicate negotiating terms for the next America's Cup with holders Team New Zealand, has told Italian newspaper La Stampa the event ...
Posted: September 11, 2017, 5:00 am

Sailing-Invisible Italians still hold sway over America's Cup

When Prada boss Patrizio Bertelli pulled the team backed by the Italian luxury goods group out of the competition in April 2015, he offered key members of his team to help Emirates Team New Zealand, which is now challenging Oracle Team USA. As the holder ...
Posted: June 25, 2017, 7:50 pm

An Interview with Patrizio Bertelli, Five-Time Challenger of The America's Cup

Patrizio Bertelli, the 71-year-old chief executive officer of Prada Group and husband to Miuccia Prada, has been associated with the America’s Cup since the 2000 edition in Auckland. His Doug Peterson and German Frers-designed challenger, Prada, steered ...
Posted: May 21, 2018, 12:12 pm
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