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Giuseppe De'Longhi & family

Giuseppe De'Longhi & family

G. family
0.21% | + $13.25M
$6.26 B ₹ 56,932 Cr
Real Time Net Worth #657 Ranking as of 21 Feb 2026 By Forbes

More on Giuseppe De'Longhi & family

Gender

Male

Age

87Y

Country

Italy

Born On

January, 1939

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth (Massively Expanded)

Primary Organization

De'Longhi S.P.A.

Titles

Chairman

Sources of Wealth

De'Longhi

Industry

Manufacturing, Consumer Goods, Electronics

About Giuseppe De'Longhi & family


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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Quick Reads


  • Chairman of the Italian appliance maker De'Longhi.
  • Transformed his family's small workshop into a global consumer brand.
  • De'Longhi is a world leader in espresso coffee machines.
  • Acquired the British appliance brand Kenwood in 2001.
  • His son, Fabio De'Longhi, is the company's CEO.

Early Life and Background


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.

Career Journey of Giuseppe De'Longhi & family


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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Giuseppe De'Longhi & family's Timeline


1969 (November):

Joins De'Longhi (Corporate Entry).

1980s:

Leads the diversification into air conditioning, refrigeration, and dehumidification (Strategic Pivot).

2001 (April 18):

De'Longhi S.p.A. executes its successful IPO on the Borsa Italiana (Financial Milestone).

2004:

His son, Fabio De'Longhi, becomes Vice-Chairman and CEO (Generational Succession).

Ongoing:

Continues as Chairman and Executive Director, guiding the global appliance giant (Executive Oversight).

Major Business Ventures and Investments


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).

  • De'Longhi S.p.A. (Chairman & Executive Director): The core asset, a global manufacturer of home appliances, specializing in coffee makers, air conditioners, and kitchen appliances.
  • Brand Portfolio: The Group controls major brands, including Kenwood LTD (kitchen appliances).
  • Industrial Focus: His success is built on the successful pivot from small industrial components to design-focused consumer products.
  • Family Leadership: His son, Fabio De'Longhi, is the Vice-Chairman and CEO.

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Philanthropy and Social Impact


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.

Fashion, Style, and Lifestyle


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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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Chairman and Executive Director of De'Longhi S.p.A..
  • The company is a global leader in coffee makers, air conditioners, and kitchen appliances.
  • He led the pivot from small industrial components to design-focused consumer products.
  • His son, Fabio De'Longhi, is the current CEO and Vice-Chairman.
  • The company was successfully listed on the Borsa Italiana in 2001.
  • He acquired the Kenwood LTD kitchen appliance brand.
  • His wealth is tied to the long-term, stable demand for home comfort and functional design.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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