The heir and the mentorDel Vecchio Jr and Francesco Milleri: the financial and family history behind the Luxottica splitLeonardino leaves EssilorLuxottica, accuses “the family friend” Milleri and sees his dream of becoming the designated heir vanish. A divided dynasty, ten billion that never materialised and a succession turned into a family tragedybyStefano Cingolani27 AUG 26
end of a cycleThe chaos behind the LMDV-Milleri splitLeonardo Maria’s resignation, the coldness of Delfin’s CEO, the dynastic feud over the inheritance, uncertainty surrounding the holding company’s strategy and Essilux’s difficulties. A crisis that is shaking Italian capitalismbyStefano Cingolani26 AUG 26