Many claimed that Del Vecchio was motivated by preventing his six children wresting control or sullying his legacy. “I have never considered involving my children or even my grandchildren in the management of Luxottica,” he once said. “Your kids will always be your kids. You can fire an executive, but not one of your children.”
I had a horrifying thought that this might have been a ‘Ragging on Ritchie’ post – happy to be wrong…