Billionaire Profile
Mario Moretti Polegato & family
Global Rank
#2539

Image: Public domain | via Wikimedia Commons

Mario Moretti Polegato & family

CEO, Geox
IT
Real-Time Net Worth
$1.4B
As of December 2025
Age
73
Source
Shoes
Industry
fashion-retail
Citizenship
IT

Biography

Mario Moretti Polegato, born in 1952, is an Italian entrepreneur best known for founding Geox, a global leader in breathable footwear and apparel. His innovative approach to shoe design, stemming from a simple need for comfort, revolutionized the industry. Polegato's entrepreneurial journey began with his family's winemaking business, but his passion for innovation led him to develop a groundbreaking technology for breathable, waterproof shoes. His career has seen him expand Geox into a prominent brand, recognized worldwide for its quality and design. Polegato's net worth reflects his success in the fashion-retail industry. He has also been recognized with numerous awards and serves as Honorary Consul General of Romania, demonstrating his commitment to innovation and his impact on the global market.

Wealth Over Time

In-Depth Profile

Early Life

Mario Moretti Polegato was born in Crocetta del Montello, Italy, on August 16, 1952. He came from a family with a strong background in the agricultural and winemaking sectors. His early life was influenced by this entrepreneurial environment, and he initially studied oenology, with the expectation of joining the family business.

Rise to Success

While attending a wine fair in Nevada, Polegato experienced discomfort due to the heat, which led him to cut holes in his shoes for ventilation. This sparked the idea for breathable shoes. Upon returning to Italy, he began developing this concept. His innovation involved a rubber sole with a unique membrane that allowed water vapor to escape while preventing water from entering. Despite initial rejections from established footwear companies, Polegato launched his own brand, Geox, in 1995, combining the Greek word for earth, "geo," with "x" for technology.

Key Business Strategies

Geox's success is attributed to several key strategies: innovative technology (breathable and waterproof materials), strategic brand positioning as a premium brand, and international expansion. The company has consistently invested in research and development, filing over 60 patents to protect its intellectual property. Polegato took the company public in 2004. Expanding the product line from footwear to apparel has broadened Geox's market reach.

Philanthropy

In 2020, the Polegato family donated one million euros to the Veneto Region to support healthcare workers during the COVID-19 pandemic.

Career Milestones

1995

Founded Geox

Established Geox, a company focused on breathable shoe technology, revolutionizing the footwear industry.

1997

Honorary Consul General

Appointed as Honorary Consul General of Romania for North-East Italy.

2000

Knight of the National Order of Merit

Received the Knight of the National Order of Merit from the President of Romania.

2002

Entrepreneur of the Year

Named Entrepreneur of the Year by Ernst & Young.

2003

Best Italian Entrepreneur in the World

Recognized as the Best Italian Entrepreneur in the World by Ernst & Young Global.

2004

Geox Listed on Borsa Italiana

Successfully listed Geox on the Borsa Italiana.

2005

Cavaliere del Lavoro

Awarded Cavaliere del Lavoro by the President of Italy.

2010

Innovator of the Year

Awarded Innovator of the Year by CNBC and Financial Times.

Philanthropy & Social Impact

Healthcare

COVID-19 Donation

$1M

Donated one million euros to the Veneto Region to support healthcare workers during the COVID-19 pandemic.

Business Philosophy & Leadership

Notable Quotes

"What I recommend to my colleague entrepreneurs is that today it's impossible to have success in a business if you don't innovate."

Leadership Principles

Innovation

Prioritizing innovation in product development and technology to maintain a competitive edge.

Global Expansion

Expanding the brand's reach internationally to grow market share.

Sustainability

Commitment to sustainable business practices and product development.