Pier Luigi Loro Piana Explained

Pier Luigi Loro Piana
Birth Place:Milan, Italy
Spouse:married
Parents:Franco Loro Piana
Children:3
Relations:Sergio Loro Piana (brother)

Pier Luigi Loro Piana (born December 1951)[1] is an Italian billionaire businessman.[2]

Early life

He was born in Milan, Italy, the son of Franco Loro Piana. He received a bachelor's degree in economics from Bocconi University in Milan.

Career

In 2013, Pier Luigi Loro Piana and his late brother Sergio sold an 80% stake in the Loro Piana fashion company to the French billionaire Bernard Arnault's LVMH for US$2.6 billion. Pier Luigi owns an estimated 10% stake in the Loro Piana company.

Personal life

He is married with three children, and lives in Milan, Italy.

He hosts the annual Loro Piana Superyacht Regatta, and had a 130-foot yacht, My Song, which was the fourth incarnation of this boat.[3] My Song was lost in a shipping accident while en route from the Caribbean to the Balearic Islands in late May 2019.[4] According to information collected in a luxurious hotel in Positano (that he visits since 2006),[5] he replaced his superyacht with a Maxi Dolphin 51 ft.

Notes and References

  1. Web site: Pier Luigi LORO PIANA - Personal Appointments (free information from Companies House) . Beta.companieshouse.gov.uk . 2017-03-30.
  2. Web site: The World's Billionaires: Pier Luigi Loro Piana. Forbes. 23 January 2017.
  3. Web site: Interview with sailing superyacht owner Pier Luigi Loro Piana . Boat International . 2016-06-23 . 2017-03-30.
  4. Web site: 40m regatta star My Song lost at sea during cargo transportation. www.superyachttimes.com. 27 May 2019.
  5. Web site: Positano Loro Piana al San Pietro. 25 May 2006.