Remo Ruffini (businessman)

Remo Ruffini (born August 1961)[2] is an Italian billionaire businessman, the chairman and CEO of the fashion company Moncler.[4] He controls Ruffini Partecipazioni Srl that owns 25.4% of Moncler.[5][1][6]

Remo Ruffini
Born1961 (age 58–59)
NationalityItalian
OccupationBusinessman
Known forChairman, CEO and 25.4% owner of Moncler[1]
Net worthUS$2.6 billion (January 2020)[2]
Spouse(s)married
Children2[2][3]

Early life

Remo Ruffini is the son of Gianfranco Ruffini[2] who, in the 1970s, was owner of a clothing company in New York City[5] called Gianfranco Ruffini Ltd.[7]. His mother, Enrica, owned a clothing company as well.[5]

Career

Ruffini started his career in the US, working for his father's eponymous clothing company, Gianfranco Ruffini Ltd.[2][5][8]

At 23, he returned to Italy and founded a company, New England,[3] which he sold sixteen years later (in 2000) to Stefanel Group.[9][8] That same year, he started working as a creative consultant for the holding company which owned Moncler. [10]

In 2003, Ruffini took over Moncler, which was almost bankrupt at the time, and transformed the company by reinventing the brand.[8][11]

Ten years later, in December 2013, Ruffini took the company public by listing it on Milan,s stock exchange. Within the first afternoon, the share price rose 47%.[5] [10]

In 2018, Ruffini conceived the Moncler Genius project, where well-known designers create collections interpreting Moncler’s identity that are released on a monthly basis.[12][13][14]

Personal life

Ruffini is married, with two children, and lives in Como, Italy.[2][3]

Awards

Entrepreneur of the Year 2017 for Italy.[15][16]

Honours

Knight of Labour (Cavaliere del lavoro) - Order of Merit for Labour[17]

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References
  1. "Consob". Retrieved 23 July 2019.
  2. "Forbes profile: Remo Ruffini". Forbes.com. Retrieved 23 January 2020.
  3. "How Did Remo Ruffini Turn the Humble Down Jacket into a Multibillion-Dollar Empire?". Retrieved 5 May 2019.
  4. "Bloomberg - Remo Ruffini". Retrieved 4 February 2019.
  5. "How CEO Remo Ruffini Is Reinventing Moncler for a Faster Fashion World". Retrieved 4 February 2019.
  6. "Shareholding". Retrieved 23 July 2019.
  7. "Remo Ruffini - Profile". Retrieved 4 February 2019.
  8. "Remo Ruffini Could Become A Fashion Billionaire Selling $1,000 Puffy Jackets". Retrieved 4 February 2019.
  9. "BOF - Remo Ruffini". Retrieved 4 February 2019.
  10. "Moncler chief Remo Ruffini: the man behind the $1,000 puffa". Retrieved 4 February 2019.
  11. "Moncler Transformed Ski Parkas With $1,000 Price Tags. What's Next?". Retrieved 28 January 2019.
  12. "Moncler 5 Craig Green". Retrieved 4 February 2019.
  13. "Moncler's new collection is genius, literally". Retrieved 4 February 2019.
  14. "There's a full-length puffer gown from Moncler for your next freezing cold black tie event". Retrieved 4 February 2019.
  15. "Enterpreneur of the year". Retrieved 28 January 2019.
  16. "Remo Ruffini Named Italian Entrepreneur of the Year by EY". Retrieved 28 January 2019.
  17. "Quirinale". Retrieved 28 January 2019.


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