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 5859)
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


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