Renzo Rosso Net Worth is$3 Billion
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Profession: Businessperson
Date of Birth: Sep 15, 1955
Country: Italy
Renzo Rosso net worth: Renzo Rosso is an Italian fashion entrepreneur who has a net worth of $3 billion. Know as jeans guru, Renzo Rosso co-founded Italian design company Diesel 35 years ago, at the age of 23. He owns 100% of the company that has evolved from a jeans seller to a much broader lifestyle brand with revenues of $2 billion in 2012. In the last decade Rosso, through a holding company called Only The Brave, was snapping up major shares in small, upmarket fashion houses all across Europe: Paris-based Maison Martin Margiela, Amsterdam's Viktor & Rolf, and this past December, Milanese label Marni. Apart from expanding his clothing business, Rosso also invests in tech start-ups including Nonabox, a Birchbox for pregnant women. Furthermore, he is an avid snowboarder and guitar player who owns South Beach design hotel The Pelican as well as a winery near his northern Italian home.
Renzo Rosso (born 15 September 1955 Brugine, Padova, North East Italy) is an Italian fashion entrepreneur. Referred to as the "Jeans Genius" by Suzy Menkes, he is the President of OTB, the holding group of Maison Martin Margiela, Marni, Viktor & Rolf, Diesel & Staff International (manufacturer and distributor of DSquared2, Just Cavalli, Vivienne Westwood, and Marc Jacobs Men) and the founder of the holding group's not-for-profit organization, the Only The Brave Foundation. Rosso is also the President of the Red Circle investment group; the Diesel Farm in Marostica, Veneto; the Pelican hotel in Miami; and Bassano Virtus 55 S.T., the professional soccer club of his hometown Bassano del Grappa, Veneto.
Rosso was born in the village of Brugine in the Northeastern Italian region of Veneto. His parents were farmers and he grew up under simple conditions, regularly helping his father after school. Having seen the laborious life required for a farmer, Rosso aspired to do something different from his parents and in 1970 began studying industrial Textile Manufacturing at the Marconi Technical Institute in Padua. There, he produced, at the age of 15, his first self-designed garment, a pair of low-waist bell-bottomed jeans using his mother's Singer sewing machine. He kept experimenting with different jeans models and would give each pair to friends or sell them at school for about 3500 lire (equivalent of 1,80 Euro in current prices). In 1973 he began studying Economics at the University of Venice, where in addition to helping his father on the farm, he also financed his studies by working as a mechanic and as a carpenter. Created 'Goldie' label which Katharine Hamnett designed a collection for, before launching DIESEL.
Rosso dropped out of the University of Venice in 1975 and began to work as a Production Manager at Moltex, a local clothing manufacturer that produced trousers for various Italian clothing labels. Moltex' parent company, the Genius Group, was run by Adrian

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Renzo Rosso Latest News

YNAP shareholder Renzo Rosso says Richemont bid 'fantastic'

MILAN (Reuters) - Yoox Net-a-Porter YNAP.MI shareholder Renzo Rosso believes Richemont’s (CFR.S) bid for full control of the online retailer is of great value, even though he is sorry to see ...
Posted: January 23, 2018, 3:42 am

Renzo Rosso's OTB did not submit expression of interest for Cavalli - source close to OTB

MILAN, Dec 14 (Reuters) - Italy’s OTB has not submitted an expression of interest for fashion house Cavalli, a source close to the clothing group headed by Renzo Rosso said, dismissing a press ...
Posted: December 14, 2018, 3:21 am

Renzo Rosso’s OTB Increases Its Stake in Viktor & Rolf

MILAN, Italy — OTB, the Italian fashion group chaired by Diesel founder Renzo Rosso, upped its stake in Viktor & Rolf from 51 percent to 70 percent, the company said Thursday.The remaining 30 percent ...
Posted: July 25, 2019, 10:23 am
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