Billionaire Profile
Mario Moretti Polegato & family
Global Rank
#2234

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Mario Moretti Polegato & family

CEO, Shoes
ITALY
Real-Time Net Worth
$1.881B
Estimated based on Shoes stock value as of April 20, 2026
+0.01% (24h)
Age
73
Source
Shoes
Industry
Fashion & Retail
Citizenship
ITALY

Biography

Mario Moretti Polegato, a self-made billionaire, is the founder of Geox, a globally recognized footwear brand. Born in Crocetta del Montello, Italy, in 1952, Polegato's career began in the family's winemaking business. His innovative approach to solving a personal discomfort—sweaty feet—led to the creation of patented breathable shoe technology. This breakthrough, initially rejected by major footwear companies, spurred him to launch Geox, which went public in 2004. Polegato has been honored as a Knight of the National Order of Romania and Cavaliere del Lavoro, reflecting his contributions to the industry. As of March 25, 2026, his net worth is estimated at $1.8 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Mario Moretti Polegato was born on August 16, 1952, in Crocetta del Montello, Italy. He grew up in a family with a strong entrepreneurial spirit, involved in agriculture and winemaking. Following in the family's footsteps, he studied oenology. For several years, he worked in the family business, honing his entrepreneurial skills.

Rise to Success

The turning point in Polegato's career came in the mid-1990s. During a trip to Nevada, he experienced discomfort from hot, sweaty feet. This led him to innovate, creating the prototype of a breathable shoe by perforating the soles of his shoes. He then developed a patented breathable shoe technology with researchers at the University of Padua. Despite initial rejections from major footwear brands, Polegato decided to launch his own company, Geox, in 1995.

Key Business Strategies

Polegato's key strategy was to focus on innovation, particularly in comfort footwear. Geox expanded its product line beyond footwear to include clothing and accessories. Geox went public in 2004.

Philanthropy

Polegato's philanthropy is mainly focused on his regional and cultural identity. He has supported educational initiatives in the Veneto region, particularly those tied to the University of Padua. In 2020, he and his son donated one million euros to the Veneto Region to aid in the health emergency caused by the coronavirus.

Career Milestones

1995

Founded Geox

Established Geox, a footwear company known for its breathable shoe technology.

1997

Honorary Consul General of Romania

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.

2004

Geox IPO

Took Geox public on the Borsa Italiana.

2005

Cavaliere del Lavoro

Appointed Cavaliere del Lavoro (Knight of Labour), one of Italy's highest civilian honors.

2009

Acquired Diadora

Acquired Diadora, an Italian sports brand, through the family's investment arm LIR Srl.

Philanthropy & Social Impact

Health

Veneto Region Donation

$1M

Donated with his son Enrico to support the Veneto region of Italy in connection with the coronavirus epidemic.

Education

University of Padua Support

Unknown

Supported educational initiatives in the Veneto region, particularly those tied to the University of Padua.

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

Emphasizing the importance of constant innovation for business success.

Technological Differentiation

Utilizing technology as the core of the business strategy and a source of competitive advantage.

Focus on Comfort and Well-being

Prioritizing consumer needs and comfort to drive product development.