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

Patrizio Bertelli confirms monohulls for next America’s Cup

Patrizio Bertelli, ceo of Prada and founder of Luna Rossa Challenge, an Italian yacht racing syndicate, is lunching at the Yacht Club Costa Smeralda in Porto Cervo. After greeting Yccs commodore Riccardo Bonadeo, Bertelli sits down for a private meeting ...
Posted: September 11, 2017, 7:49 am

Italian luxury group Zegna tailors its cloth to suit millennials

Failure to spot the trend can prove costly. Patrizio Bertelli, co-chief executive of family firm Prada, last month blamed a failure to spot the trend for luxury sneakers behind a tumble in revenues in its first half. The luxury industry invested €3.5bn ...
Posted: November 27, 2017, 8:00 pm

Busy offseason for TP52 Class

This will be the best year ever for the TP52s, I am sure. Our final goal is the America’s Cup. “Patrizio Bertelli is very keen that this is an all Italian-speaking team and we want to bring on young Italian sailing talent. We will do some initial crew ...
Posted: November 29, 2017, 12:00 am
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