Billionaire Profile
Renzo Rosso & family
Global Rank
#960

Image: gnuckx | CC BY 2.0 | via Wikimedia Commons

Renzo Rosso & family

CEO, Fashion
ITALY
Real-Time Net Worth
$4.448B
Estimated based on Fashion stock value as of April 20, 2026
0% (24h)
Age
70
Source
Fashion
Industry
Fashion & Retail
Citizenship
ITALY

Biography

Renzo Rosso is an Italian entrepreneur and businessman, renowned for founding the Diesel brand, an innovative international lifestyle company. Born in 1955, Rosso dropped out of university to pursue a career in fashion, and his vision has propelled Diesel from a denim pioneer to a leader in premium fashion. Today, Rosso serves as the president of OTB Group, which owns several fashion brands. His success is marked by his ability to create a unique brand identity and his commitment to philanthropy, sustainability, and a democratic approach to business, earning him a spot on the Forbes billionaires list.

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

Wealth Over Time

In-Depth Profile

Early Life

Renzo Rosso was born in 1955 in Brugine, Italy. As a teenager, he began designing his own jeans, eventually dropping out of the University of Venice to pursue his passion for fashion. Rosso's early career involved working as a production manager at Moltex, a clothing manufacturer. He was later offered a stake in the company by Adriano Goldschmied, who later became his business partner, and the company was renamed Diesel.

Rise to Success

In 1978, Renzo Rosso founded Diesel with the aim of creating innovative denim. In 1985, Rosso took complete control of the Diesel brand. Rosso's intuition to create a company based on denim when denim was considered the lowest level in the fashion world opened the door to success. Diesel's marketing campaigns were known for being provocative and unconventional, contributing to the brand's global recognition and status. He has since built an empire, adding Maison Margiela, Marni, and Viktor & Rolf to his portfolio under the OTB Group. Diesel opened flagship stores in major cities like New York, London, and Rome.

Key Business Strategies

Rosso's success is attributed to his "be stupid" philosophy and unique approach to marketing, which prioritized individuality, self-expression, and challenging norms. He was one of the first to pioneer luxury denim. He embraced digital platforms early on, which helped expand Diesel’s global reach. Through his holding company, OTB Group, Rosso has focused on acquiring and nurturing other fashion brands, creating a diverse portfolio.

Philanthropy

Rosso is actively involved in philanthropy through the OTB Foundation, which he founded in 2008. The foundation supports numerous social projects worldwide, including the restoration of Venice's Rialto Bridge, and has helped over 300,000 people. Rosso believes in giving back and has instilled this value within his business practices. His philanthropic endeavors reflect his commitment to social equality and sustainability. He supports women, young people, and integration.

Career Milestones

1975

Dropped out of University

Left the University of Venice to pursue a career in fashion.

1978

Founded Diesel

Started the Diesel brand with a focus on innovative denim.

1985

Became Sole Owner of Diesel

Acquired full control of the Diesel brand.

2002

Acquired Maison Martin Margiela

Purchased a majority stake in Maison Martin Margiela.

2008

Founded OTB Foundation

Established a non-profit organization for social good.

Philanthropy & Social Impact

Infrastructure

Rialto Bridge Restoration

$6.5B

Contributed to the restoration of the Rialto Bridge in Venice.

Social Development

OTB Foundation

Undisclosed

Supports over 250 social projects worldwide.

Business Philosophy & Leadership

Notable Quotes

"Diesel pioneered the idea of luxury denim, and we still drive this market."

"Different times call for different attitudes. But I love your generation because you are so creative and innovative in how you wear things, how you think, how you approach everything."

Leadership Principles

Creativity and Innovation

Embracing new ideas and pushing boundaries in design and marketing.

Individuality and Self-Expression

Encouraging uniqueness and standing out from the crowd.

Sustainability

Implementing sustainable practices across all aspects of business.