Billionaire Profile

Global Rank

#725

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Giuseppe De'Longhi & family

CEO, Coffee makers

ITALY

Real-Time Net Worth

$5.804B

Estimated based on Coffee makers stock value as of April 20, 2026

-0.91% (24h)

Age

Source

Coffee makers

Industry

Fashion & Retail

Citizenship

ITALY

Biography

Giuseppe De'Longhi is the chairman of De'Longhi SpA, a global leader in the small appliance market, particularly known for its high-end coffee makers and espresso machines. Born in Treviso, Italy, on April 24, 1939, De'Longhi graduated from Ca' Foscari University of Venice with a degree in economics and business administration. He spearheaded the company's diversification into consumer goods and oversaw key innovations and acquisitions, transforming it from an industrial parts manufacturer into a globally recognized brand. De'Longhi's career and leadership have been instrumental in driving the company's success, with annual revenues exceeding $2 billion. His current net worth is estimated at $6.2 billion.

Fact Checked

Verified by Editorial Team

Live Data

Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Giuseppe De'Longhi was born in Treviso, Italy, on April 24, 1939. He grew up in a family with a strong background in the industrial sector. His family founded a small workshop in Treviso in 1902, which initially manufactured industrial components.

Rise to Success

After graduating from Ca' Foscari University of Venice with a degree in economics and business administration, Giuseppe De'Longhi joined the family business. He played a key role in transforming the company from an original equipment manufacturer into a global brand. Under his leadership, De'Longhi expanded its product offerings and made strategic acquisitions, including Kenwood Appliances in 2001. The company entered the coffee machine market in 1993, which was a significant move paving the way for success.

Key Business Strategies

De'Longhi's success is attributed to a focus on innovation and strategic expansion. The introduction of the Magnifica super-automatic coffee machine in 2003 was a pivotal moment. The company also focused on strategic acquisitions and partnerships, such as with Nespresso and Dolce Gusto.

Philanthropy

I am sorry, but I am unable to find specific information on the exact philanthropy amounts for Giuseppe De'Longhi.

Career Milestones

1939

Born

Giuseppe De'Longhi was born in Treviso, Italy.

1902

Family business founded

De'Longhi family founded a metalworking workshop, the origin of De'Longhi company background.

2001

Acquisition

Acquired Kenwood Appliances.

2003

Magnifica launch

Launched Magnifica super-automatic coffee machine.

2022

Fabio de'Longhi appointed CEO

Fabio de'Longhi, son of Giuseppe De'Longhi, serves as the company's CEO.

2025

Revenues

De'Longhi's revenue was 3.80 billion.

Controversies & Challenges

2022

Operations in Russia

De'Longhi faced criticism for continuing its operations in Russia following the country's invasion of Ukraine.

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