- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.5 Billion
- Birthdate:
- 1937 (87 years old)
- Profession:
- Chairman of Bulgari
- Nationality:
- Italian
What is Paolo Bulgari's Net Worth?
Paolo Bulgari is an Italian businessman who has a net worth of $1.5 billion. He is best known for being the great-great-grandson of Greek silversmith Konstantinos Voulgaris, the man who set up the high-end Italian jewelry and luxury goods company, Bvulgaru, more than 150 years ago. Paolo along with his brother Nicola, both shareholders in the jewelry company whose bold and hand-crafted gems are worn on red carpets, sold the company to French luxury conglomerate LVMH in an all-share deal in 2011.
One year later, with the rise of LVMH's stock, the Bulgaris sold a small chunk of their stake, reportedly to settle some expenses like taxes. Today, the siblings hold just over 2.4% of LVMH between them, which was enough to land each of them a spot on the billionaire list in 2013.
