Pier Luigi Loro Piana (born December 1951)[1] is an Italian billionaire businessman.[2]

Pier Luigi Loro Piana
BornDecember 1951 (age 72)
Milan, Italy
Spousemarried
Children3
ParentFranco Loro Piana
RelativesSergio Loro Piana (brother)

Early life

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He was born in Milan, Italy, the son of Franco Loro Piana. He received a bachelor's degree in economics from Bocconi University in Milan.[2]

Career

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In 2013, Pier Luigi Loro Piana and his late brother Sergio sold an 80% stake in the Loro Piana fashion company to the French billionaire Bernard Arnault's LVMH for US$2.6 billion. Pier Luigi owns an estimated 10% stake in the Loro Piana company.[2]

Personal life

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He is married with three children, and lives in Milan, Italy.[2]

He hosts the annual Loro Piana Superyacht Regatta, and had a 130-foot yacht, My Song,[2] which was the fourth incarnation of this boat.[3] My Song was lost in a shipping accident while en route from the Caribbean to the Balearic Islands in late May 2019.[4] According to information collected in a luxurious hotel in Positano (that he visits since 2006),[5] he replaced his superyacht with a Maxi Dolphin 51 ft.

References

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  1. ^ "Pier Luigi LORO PIANA - Personal Appointments (free information from Companies House)". Beta.companieshouse.gov.uk. Retrieved 2017-03-30.
  2. ^ a b c d e "The World's Billionaires: Pier Luigi Loro Piana". Forbes. Retrieved 23 January 2017.
  3. ^ "Interview with sailing superyacht owner Pier Luigi Loro Piana". Boat International. 2016-06-23. Retrieved 2017-03-30.
  4. ^ "40m regatta star My Song lost at sea during cargo transportation". www.superyachttimes.com. Retrieved 27 May 2019.
  5. ^ "Positano Loro Piana al San Pietro". 25 May 2006.