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Ray-Ban heir seeks to block $11.8B family share transfer in billionaire Leonardo Del Vecchio's business empire
An heir to the late Ray-Ban billionaire Leonardo Del Vecchio's business empire is contesting a family deal valued at EUR10 billion (US$11.8 billion) that would allow a sibling to triple his stake ownership. Rocco Basilico (L) and Leonardo Maria Del Vecchio attend the Tribeca Festival Awards Night during the 2021 Tribeca Festival at Spring Studios on June 17, 2021 in New York City The legal claim was filed by Rocco Basilico, the son of Del Vecchio's widow, in a Luxembourg cour
May 161 min read
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