Billionaire Profile
Mario Moretti Polegato & family
Global Rank
#2170

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Mario Moretti Polegato & family

CEO, Shoes
ITALY
Real-Time Net Worth
$1.853B
Estimated based on Shoes stock value as of March 6, 2026
-0.16% (24h)
Age
73
Source
Shoes
Industry
Fashion & Retail
Citizenship
ITALY

Biography

Mario Moretti Polegato is an Italian entrepreneur, best known as the founder and chairman of Geox, a global footwear and apparel brand. Born in 1952, he holds a net worth of $2.4 billion. Polegato's journey began in his family's wine business, but a personal discomfort led him to innovate. While attending a wine fair in Nevada, he cut holes in his shoes to alleviate heat, sparking the idea for breathable footwear. This led to the development of Geox's patented technology and the establishment of the company in 1995. His career includes a focus on research and development, and he has received numerous accolades, including being named a Knight of the National Order of Merit by Romania and Cavaliere del Lavoro (Knight of Labour) in Italy.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Mario Moretti Polegato was born in Crocetta del Montello, Italy, on August 16, 1952. He comes from a family with a strong entrepreneurial background in agriculture and winemaking. Following in his family's footsteps, he studied oenology. He spent several years working in the family's winemaking business, Villa Sandi, which later became a leading Prosecco exporter.

Rise to Success

The inspiration for Geox came during a trip to Nevada in the early 1990s for a wine fair. Polegato, feeling discomfort from the heat, cut holes in his shoes for better ventilation. Recognizing the potential, he developed a breathable shoe prototype. He initially sought to license his technology to established footwear companies, but after being rejected, he founded Geox in 1995.

Geox, a combination of the Greek word “geo” (earth) and the letter “x” (representing technology), was launched with a focus on innovation. The company went public on the Milan Stock Exchange in 2004. Geox expanded rapidly, establishing a global presence with numerous stores worldwide. The company also expanded its product line to include clothing with breathable technologies.

Key Business Strategies

Geox's success is rooted in its patented breathable shoe technology, which allows water vapor to escape while preventing water from entering. The company invests a significant portion of its revenue in research and development to continuously improve its products. Polegato's leadership has focused on combining fashion with technology, leading to a brand that is recognized globally.

Philanthropy

In March 2020, the Polegato family donated one million euros to the Veneto Region to support the fight against the coronavirus.

Career Milestones

1995

Founded Geox

Established Geox with patented breathable shoe technology

2004

Geox IPO

Took Geox public on the Borsa Italiana

2000

Knight of the National Order of Merit

Named a Knight of the National Order of Romania

2005

Cavaliere del Lavoro

Appointed Cavaliere del Lavoro (Knight of Labour) by Italy

Philanthropy & Social Impact

Disaster Relief

COVID-19 Relief

$1M

Donated to support the Veneto Region's fight against the coronavirus in 2020

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."