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Billionaire Profile
Giuseppe De'Longhi & family
Global Rank
#647

Image: Public domain | via Wikimedia Commons

Giuseppe De'Longhi & family

CEO, De'Longhi S.p.A.
IT
Real-Time Net Worth
$5.9B
As of December 2025
Age
86
Source
Coffee makers
Industry
fashion-retail
Citizenship
IT

Biography

Giuseppe De'Longhi, born in Treviso, Italy, on April 24, 1939, is the chairman of De'Longhi S.p.A., a company renowned for its high-end coffee makers and home appliances. With a net worth of $5.9 billion as of 2024, De'Longhi's source of wealth stems from his leadership in the coffee maker industry. A graduate of Ca' Foscari University of Venice, he transformed De'Longhi from a small workshop into a global enterprise with a significant market capitalization. His career has been marked by strategic acquisitions and a focus on design and innovation, solidifying De'Longhi's position in the market. He is divorced and has two children, one of whom, Fabio De'Longhi, serves as the CEO of De'Longhi.

Wealth Over Time

In-Depth Profile

Early Life

Giuseppe De'Longhi was born in Treviso, Italy, on April 24, 1939. He pursued higher education, graduating from Ca' Foscari University of Venice with a degree in Economics.

Rise to Success

De'Longhi's career began with the family business, a small industrial parts manufacturing workshop founded in 1902. He took over and transformed it into a global player in the home appliance market. Under his leadership, the company expanded its product range and entered the coffee machine market, becoming a leader in the sector.

Key Business Strategies

Key business strategies included a focus on design and innovation, with products winning design awards. Strategic acquisitions, such as Kenwood, expanded the company's reach. Expansion into international markets has also been a focus, with a presence in over 100 countries.

Philanthropy

Specific details regarding Giuseppe De'Longhi's philanthropy could not be found in the search results. Further research may be required to find this information.

Career Milestones

1962

Graduated

Graduated from Ca' Foscari University of Venice with a degree in Economics

1964

Joined Family Business

Began working in the family business that produced components for heating systems

1974

Founded Radel S.p.A.

Founded Radel S.p.A., for the production and marketing of the first finished product: the oil radiator

1975

Launched first branded product

Launched De'Longhi's first branded product, an oil-filled portable heater

1993

Entered the coffee machine sector

Debut in the coffee machine sector with a pump model

Controversies & Challenges

2022

Operations in Russia

De'Longhi faced criticism for maintaining operations in Russia following the invasion of Ukraine