Remo Ruffini (businessman) explained

Remo Ruffini
Birth Place:	Como, Italy
Occupation:	Businessman
Known For:	Chairman, CEO and 15.8% owner of Moncler^[1]
Spouse:	Married
Children:	2^[2] ^[3]

Remo Ruffini (born in Como, August 1961) is an Italian billionaire businessman, the chairman and CEO of the fashion company Moncler,^[4] and controls Double R Srl.^[5]

Early life

Remo Ruffini is the son of Gianfranco Ruffini^[2] who, in the 1970s, was owner of a clothing company in New York City^[6] called Gianfranco Ruffini Ltd.^[7] His mother, Enrica, owned a clothing company as well.

Career

Ruffini started his career in the US, working for his father's eponymous clothing company, Gianfranco Ruffini Ltd.^{[2] [8]}

When he was 23, he returned to Italy and founded a company, New England, which he sold sixteen years later (in 2000) to Stefanel Group.^[9] That same year, he started working as a creative consultant for the holding company which owned Moncler.^[10]

In 2003, Ruffini took over Moncler, which was almost bankrupt at the time, and transformed the company by reinventing the brand.^[11]

Ten years later, in December 2013, Ruffini took the company public by listing it on Milan's stock exchange. Within the first afternoon, the share price rose 47%. It was one of Italy's most successful IPOs at the time and he subsequently earned a place on the Forbes World's Billionaires list in 2014.^[12]

In 2018, Ruffini conceived the Moncler Genius project, where well-known designers create collections interpreting Moncler's identity that are released on a monthly basis.^{[13] [14] [15]}

Personal life

Ruffini is married, with two children, and lives in Como, Italy.^[2]

Ruffini is the owner of a Bombardier Global 5500 with registration I-DBRR. The aircraft was built in 2020. She replaces a Bombardier Challenger 650, with registration I-DBLR.

He owns a 180-ft yacht called "Atlante" and launched in 2015.^[16]

Awards

Entrepreneur of the Year 2017 for Italy.^{[17] [18]} In 2019, he won the Business Leader award at the British Fashion Awards.^[19]

Honours

Knight of Labour (Cavaliere del lavoro) - Order of Merit for Labour^[20]

Notes and References

1. Web site: Moncler Group.
2. Web site: Forbes profile: Remo Ruffini . Forbes.com . 23 January 2020.
3. Web site: How Did Remo Ruffini Turn the Humble Down Jacket into a Multibillion-Dollar Empire?. 5 May 2019.
4. Web site: Bloomberg - Remo Ruffini. Bloomberg News. 4 February 2019.
5. Web site: Share Information. 28 March 2021.
6. Web site: How CEO Remo Ruffini Is Reinventing Moncler for a Faster Fashion World. 4 February 2019.
7. Web site: Remo Ruffini - Profile. 4 February 2019.
8. Web site: Remo Ruffini Could Become A Fashion Billionaire Selling $1,000 Puffy Jackets. Forbes. 4 February 2019.
9. Web site: BOF - Remo Ruffini. 4 February 2019.
10. Web site: Moncler chief Remo Ruffini: the man behind the $1,000 puffa . 4 February 2019.
11. Web site: Moncler Transformed Ski Parkas With $1,000 Price Tags. What's Next?. . 28 January 2019.
12. Web site: Tognini . Giacomo . Italian Billionaire Remo Ruffini Adding Hip-Hop Favored Label Stone Island To His Pricey Sportswear Brand Moncler . 2023-12-19 . Forbes . en.
13. Web site: Moncler 5 Craig Green. 4 February 2019.
14. Web site: Moncler's new collection is genius, literally. 4 February 2019.
15. Web site: There's a full-length puffer gown from Moncler for your next freezing cold black tie event. ABC News. 4 February 2019.
16. Web site: REMO RUFFINI - Valeur nette de 3 milliards de dollars - Propriétaire du yacht Atlante. 2021-05-05. SuperYachtFan. en.
17. Web site: L'Imprenditore dell'Anno . it . https://ghostarchive.org/archive/20221208/http://www.ey.com:80/it/it/about-us/entrepreneurship/entrepreneur-of-the-year . 12 February 2018 . Entrepreneur of the Year . 8 December 2022.
18. Web site: Remo Ruffini Named Italian Entrepreneur of the Year by EY . 28 January 2019.
19. Web site: Who were the winners of the 2019 Fashion Awards? . 22 September 2023 . Vogue.
20. Web site: Quirinale . 28 January 2019.