Billionaire Profile
Paolo Bulgari
Global Rank
#2002

Image: Giorgio Bulgari | CC BY-SA 4.0 | via Wikimedia Commons

Paolo Bulgari

CEO, Luxury goods
ITALY
Real-Time Net Worth
$2.1B
Estimated based on Luxury goods stock value as of April 20, 2026
-0.24% (24h)
Age
88
Source
Luxury goods
Industry
Fashion & Retail
Citizenship
ITALY

Biography

Paolo Bulgari, born in 1937, is an Italian businessman and jewelry designer, best known as the grandson of Sotirios Bulgari, the founder of the renowned luxury brand Bulgari. He joined the family business at the age of 18 while studying law and went on to become the Chairman of Bulgari in 1984, steering its expansion into a global luxury powerhouse. His career has been marked by both successes in the fashion-retail industry and involvement in philanthropic endeavors. His source of wealth stems from the luxury goods industry. His leadership helped to maintain Bulgari's reputation for bold designs and high-quality stones, while also overseeing the diversification into watches and accessories.

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

Wealth Over Time

In-Depth Profile

Early Life

Paolo Bulgari was born in Rome, Italy, in 1937. He is the grandson of Sotirios Bulgari, the founder of Bulgari. Growing up in a family deeply immersed in the world of jewelry, Paolo developed a passion for design and entrepreneurship from a young age. He pursued legal studies in Italy but ultimately found his calling within the family business.

Rise to Success

Paolo Bulgari joined the family enterprise at age 18, contributing to jewelry design that attracted generations of high-profile clients. He became the Chairman of Bulgari in 1984. Under his leadership, Bulgari experienced significant international expansion, establishing itself as a major player in the luxury market.

Key Business Strategies

Paolo's leadership was instrumental in maintaining Bulgari's reputation for bold and colorful designs. He oversaw the company's diversification into watches and accessories. He also played a key role in the family's decision to sell their controlling stake in Bulgari to LVMH in 2011, a move that solidified the brand's position in the luxury market.

Philanthropy

Beyond business, Paolo Bulgari established the Fondazione Paolo Bulgari in 2019, dedicated to supporting educational regeneration and professional training in underserved Roman neighborhoods. The foundation focuses on combating educational poverty and promoting community involvement.

Career Milestones

1937

Born

Born in Rome, Italy.

1955

Joined Bulgari

Joined the family business at age 18.

1984

Chairman of Bulgari

Assumed the role of Chairman, overseeing international expansion.

2011

Sold controlling stake to LVMH

Sold controlling stake to LVMH for $5.2 billion.

2019

Founded the Paolo Bulgari Foundation

Established a foundation for educational and social support in Rome.

Philanthropy & Social Impact

Education & Philanthropy

Fondazione Paolo Bulgari

Undisclosed

Supports educational regeneration and professional training in underserved Roman neighborhoods.

Controversies & Challenges

2013

Tax Evasion Allegations

The Guardia di Finanza raided the Bulgari office in Rome, and in May 2015, Paolo Bulgari and others were ordered to stand trial on charges of tax evasion. They denied the charges, and were acquitted in 2018.