Sonia Sirletti and Daniele LepidoJun 22, 2026 – 8.37amMilan | Leonardo Maria Del Vecchio, an heir to the Ray-Ban empire built by his late father, publicly challenged his family’s holding company to back his €10 billion ($16 billion) buyout of two siblings days before a crucial June 30 shareholder meeting.In an open letter published on the website of online newspaper Quotidiano Nazionale, which he owns, the 31-year-old accused Delfin Sarl’s board of failing to provide clear explanations for its shifting position on a proposed transaction that would make him the largest shareholder of the Luxembourg-based investment vehicle.BloombergSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Billionaire Ray-Ban heir escalates fight for control of family empire
The 31-year-old heir to one of Europe’s largest fortunes is attempting to buy the stakes held by his siblings, potentially ending years of succession uncertainty.
TL;DRAI
Ray-Ban heir Del Vecchio escalated his €10 billion buyout bid for Delfin Sarl holding company, demanding board transparency ahead of June 30's shareholder vote. Family office succession conflicts signal governance risks; opaque M&A strategies erode investor confidence in capital allocation and long-term enterprise control.
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