Remo Ruffini (businessman)

Last updated
Remo Ruffini
Remo Ruffini.jpg
Born1961 (age 6263)
Como, Italy
OccupationBusinessman
Known for Chairman, CEO and 15.8% owner of Moncler [1]
SpouseMarried
Children2 [2] [3]

Remo Ruffini (born in Como, August 1961) [2] is an Italian billionaire businessman, the chairman and CEO of the fashion company Moncler, [4] and controls Double R Srl. [5]

Contents

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 [6] called Gianfranco Ruffini Ltd. [7] His mother, Enrica, owned a clothing company as well. [6]

Career

Ruffini started his career in the US, working for his father's eponymous clothing company, Gianfranco Ruffini Ltd. [2] [6] [8]

When he was 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%. [6] [10] It was one of Italy's most successful IPOs at the time and he subsequently earned a place on the Forbes World's Billionaires list in 2014. [12]

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. [13] [14] [15]

Personal life

Ruffini is married, with two children, and lives in Como, Italy. [2] [3]

Ruffini is the owner of a Bombardier Global 5500 with registration I-DBRR. The aircraft was built in 2020. She replaces a Bombardier Challenger 650, with registration I-DBLR.

He owns a 180-ft yacht called "Atlante" and launched in 2015. [16]

Awards

Entrepreneur of the Year 2017 for Italy. [17] [18] In 2019, he won the Business Leader award at the British Fashion Awards. [19]

Honours

Cavaliere OML BAR.svg

Knight of Labour (Cavaliere del lavoro) - Order of Merit for Labour [20]

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References

  1. "Moncler Group".
  2. 1 2 3 4 5 "Forbes profile: Remo Ruffini". Forbes.com. Retrieved 23 January 2020.
  3. 1 2 3 "How Did Remo Ruffini Turn the Humble Down Jacket into a Multibillion-Dollar Empire?" . Retrieved 5 May 2019.
  4. "Bloomberg - Remo Ruffini". Bloomberg News . Retrieved 4 February 2019.
  5. "Share Information" . Retrieved 28 March 2021.
  6. 1 2 3 4 "How CEO Remo Ruffini Is Reinventing Moncler for a Faster Fashion World" . Retrieved 4 February 2019.
  7. "Remo Ruffini - Profile" . Retrieved 4 February 2019.
  8. 1 2 3 "Remo Ruffini Could Become A Fashion Billionaire Selling $1,000 Puffy Jackets". Forbes . Retrieved 4 February 2019.
  9. "BOF - Remo Ruffini" . Retrieved 4 February 2019.
  10. 1 2 "Moncler chief Remo Ruffini: the man behind the $1,000 puffa" . Retrieved 4 February 2019.
  11. "Moncler Transformed Ski Parkas With $1,000 Price Tags. What's Next?". Bloomberg News . Retrieved 28 January 2019.
  12. Tognini, Giacomo. "Italian Billionaire Remo Ruffini Adding Hip-Hop Favored Label Stone Island To His Pricey Sportswear Brand Moncler". Forbes. Retrieved 2023-12-19.
  13. "Moncler 5 Craig Green" . Retrieved 4 February 2019.
  14. "Moncler's new collection is genius, literally" . Retrieved 4 February 2019.
  15. "There's a full-length puffer gown from Moncler for your next freezing cold black tie event". ABC News . Retrieved 4 February 2019.
  16. "REMO RUFFINI - Valeur nette de 3 milliards de dollars - Propriétaire du yacht Atlante". SuperYachtFan. Retrieved 2021-05-05.
  17. "L'Imprenditore dell'Anno" [Entrepreneur of the Year] (in Italian). Archived from the original on 12 February 2018. Retrieved 8 December 2022.
  18. "Remo Ruffini Named Italian Entrepreneur of the Year by EY" . Retrieved 28 January 2019.
  19. "Who were the winners of the 2019 Fashion Awards?". Vogue. Retrieved 22 September 2023.
  20. "Quirinale" . Retrieved 28 January 2019.