G iuseppe De'Longhi is an Italian billionaire and the chairman of De'Longhi S.p.A., the company famous for its home appliances, particularly its espresso machines and portable air conditioners. The company was founded by his family as a small workshop for industrial parts. Giuseppe took over the business and transformed it from an OEM (original equipment manufacturer) supplier into a world-renowned consumer brand.
He has been the driving force behind the company's growth, steering its focus towards branded consumer products and expanding its portfolio through strategic acquisitions, most notably the purchase of the British appliance brand Kenwood. He took the company public on the Milan Stock Exchange but his family retains a controlling stake. His son, Fabio, now serves as the CEO, but Giuseppe remains the chairman and the patriarch of the successful family enterprise he built into a global leader in small domestic appliances.
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Giuseppe De'Longhi is an Italian businessman, the billionaire Chairman and Executive Director of De'Longhi S.p.A. (BIT: DLG), a major global manufacturer of home appliances (e.g., coffee makers, air conditioners, heaters). Born in Treviso, Italy, in 1939, he grew up in a family of entrepreneurs whose original business was making small industrial components.
De'Longhi graduated with a degree in Economics and Business Administration from the Venice Ca' Foscari University. His career is defined by his profound commitment to transforming the family's small manufacturing operation into a global multinational Group. He joined the company early on, recognizing the immense, stable demand for high-quality, design-focused home comfort and appliance solutions.
Giuseppe De'Longhi assumed the leadership of the company, guiding its transformation. His strategic vision centered on brand diversification and globalization, expanding beyond industrial components into air conditioning, refrigeration, dehumidification, and eventually, the highly successful coffee machine market. He successfully developed the company until it became the parent company of a massive multinational Group.
The company executed its successful IPO on the Borsa Italiana (BIT) in 2001. De'Longhi remains Chairman and Executive Director, while his son, Fabio De'Longhi, holds the roles of Vice-Chairman and CEO, ensuring the generational continuity of the management. His wealth is secured by the massive, continuous global demand for high-quality consumer appliances and the successful management of the publicly traded enterprise.
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Joins De'Longhi (Corporate Entry).
Leads the diversification into air conditioning, refrigeration, and dehumidification (Strategic Pivot).
De'Longhi S.p.A. executes its successful IPO on the Borsa Italiana (Financial Milestone).
His son, Fabio De'Longhi, becomes Vice-Chairman and CEO (Generational Succession).
Continues as Chairman and Executive Director, guiding the global appliance giant (Executive Oversight).
Giuseppe De'Longhi's wealth is concentrated in his family's controlling stake and continued executive leadership of the publicly traded appliance giant, De'Longhi S.p.A. (BIT: DLG).
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Giuseppe De'Longhi's social impact is structural, stemming from De'Longhi's role as a massive global employer and provider of essential home appliances that improve daily life (home comfort and kitchen appliances). The company contributes significantly to the Italian and global manufacturing sectors.
His personal philanthropy supports various educational and community initiatives. His career is a testament to the profitability of disciplined, design-focused industrial entrepreneurship and the successful globalization of a family-owned Italian brand.
Giuseppe De'Longhi maintains the professional, composed style of an Italian industrial patriarch. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of serious authority and stability, reflecting his mastery of global manufacturing and finance.
Residing in Treviso, Italy, his luxury is the immense security and financial reward derived from his multi-billion euro fortune. His life is dedicated to industrial scale, design excellence, and the long-term management of his family's global home appliance empire.
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+10.05% | +$195.30M
0% | $0.00M
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All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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