Patrizio Bertelli (born 6 April 1946) is an Italian businessman and former co-chief executive officer (CEO) of Prada Group, a role he shared with his wife Miuccia Prada of the Prada Group.[1]

Life and career

Born in the Tuscan city of Arezzo in 1946, Patrizio Bertelli started his career in the leather goods industry before transitioning to the luxury sector. At age 21, while attending university, he founded Sir Robert,[2] a small leather goods company.

In 1978, Bertelli met Miuccia Prada, granddaughter of Mario Prada, founder of the Prada brand. Their professional relationship later evolved into marriage.[3]

In the 1980s, Bertelli introduced changes to Prada's production processes, aiming to improve quality control and efficiency in the luxury goods sector. These changes played a role in the company’s expansion during the 1980s and 1990s.

In the late 1990s, Bertelli and Miuccia Prada collaborated with architects such as Rem Koolhaas and Herzog & de Meuron to launch the "Prada Epicentres" project.[4]

As of 2023, Bertelli is co-chief executive officer of the Prada Group, which includes Prada, Miu Miu, Church’s, Car Shoe, and Marchesi 1824.

As of October 2024, his net worth was estimated at US$5.7 billion.[5]

Awards and honours

In 2000, Bertelli was awarded an honorary degree by the University of Florence.[6]

In 2013, Forbes included Bertelli and his wife among the most influential couples in the world.[7]

On 29 June 2012, Bertelli became the first Italian inducted into the America's Cup Hall of Fame.[8]

Further interests

Bertelli and his wife co-founded Fondazione Prada in 1993.[9]

In 1997, Bertelli established the sailing team Prada Challenge to compete in the America’s Cup 2000.[10]

Personal life

Patrizio Bertelli and Miuccia Prada have two children, Giulio and Lorenzo, and reside in Milan, Italy.[11] Lorenzo Bertelli holds key ownership stakes in the Prada Group.[12]

References

  1. ^ "Patrizio Bertelli". Bloomberg. Retrieved 2015-11-17.
  2. ^ Goldstein, Lauren (1999-09-27). "Prada Goes Shopping Bertelli transformed Prada from a stuffy family company into a fashion powerhouse. And he's just warming up". Fortune. Retrieved 2015-11-17.
  3. ^ "Miuccia Prada: The feeling is Miuccia". The Independent. Archived from the original on 2025-01-14. Retrieved 2025-02-19.
  4. ^ "Prada Epicenter New York". oma.eu. Retrieved 2015-11-17.
  5. ^ "Forbes profile: Patrizio Bertelli". Forbes. Retrieved 18 March 2022.
  6. ^ https://www.pradagroup.com/en/group/corporate-governance/board-of-directors.html
  7. ^ Pierce, Kate (2013-05-23). "Partners In Power: The World's Most Influential Couples". Forbes. Retrieved 2015-11-17.
  8. ^ "The next three inductees to the America's Cup Hall of Fame in 2012: Bertelli, Lambert and Wright — Yacht Charter & Superyacht News". www.charterworld.com. Retrieved 2025-01-23.
  9. ^ author/chelsea-blahut, Architect (2015-01-26). "Fondazione Prada by AMO to Open in Milan". The Architect Mag. Retrieved 2025-02-15. {{cite web}}: |last= has generic name (help)
  10. ^ "Team Members". Luna Rossa. Retrieved 2015-11-17.
  11. ^ "Forbes profile: Patrizio Bertelli". Forbes. Retrieved 18 March 2022.
  12. ^ Ebhardt, Tommaso (2024-11-09). "Prada Family Has a Plan in Place to Avoid Succession Drama". BNN Bloomberg. Retrieved 2024-12-29.
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