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EssilorLuxottica Heir Plans Buyout of Family Members in Billion-Dollar Deal

Friday, March 6, 2026 at 1:20 AM

The heir to the EssilorLuxottica eyewear empire is working on a massive deal to purchase his siblings' stakes in their family's investment company. Leonardo Maria del Vecchio revealed he's close to finalizing the buyout through their holding company Delfin.

The son of a prominent eyewear magnate is working to finalize a massive transaction that would give him greater control over the family’s business empire, according to a recent Financial Times report.

Leonardo Maria del Vecchio revealed in a Friday interview with the publication that he’s approaching completion of an agreement to purchase the ownership interests of two family members in Delfin, the investment vehicle that holds controlling power over EssilorLuxottica.

The potential transaction would consolidate more authority within the family’s holding structure, which maintains significant influence over the major eyewear corporation.

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