Renzo rosso biography definition
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Renzo rosso biography definition
Renzo Rosso
Italian entrepreneur (born 1955)
Not to be confused with Italian hydrologist Renzo Rosso.
Renzo Rosso (born 1955) is an Italian entrepreneur and a businessman.
He is the founder of Diesel and the president of OTB Group, the parent company of Maison Margiela, Marni, Viktor & Rolf, Jil Sander. In 2022, Forbes estimated his net worth to be US$3.6 billion.[1]
Business career
Diesel
Main article: Diesel (brand)
Rosso dropped out of the University of Venice in 1975 and began to work as Production Manager at Moltex, a local clothing manufacturer that produced trousers for various Italian clothing labels.
Moltex's parent company, the Genius Group, was run by Adriano Goldschmied who would eventually become Rosso's mentor and future business partner. In 1977, having increased the company's production, Rosso wanted to leave and start a new business on his own.
However, Goldschmied convinced Rosso to stay by offering him a 40% stake in Moltex and by