What is Giuseppe De'Longhi's Net Worth?
Giuseppe De'Longhi is an Italian businessman who has a net worth of $2.6 billion. Giuseppe De'Longhi secured his place among world's billionaires thanks to his majority share in De'Longhi SpA, a family-owned domestic appliances company. Founded back in 1902, the company has transformed from a local supplier of heating parts to local industry in Treviso, Italy, to a vast international business with a market capitalization of close to $2.9 billion.
Giuseppe De'Longhi already held a degree in Economics from the Universita Ca' Foscari in Venice when he joined the company whose signature product is a series of automatic espresso and cappuccino machines. Today, he is the Chairman of the Board of Directors of De'Longhi SpA, while his son, Fabio, serves as the company's CEO.
