Ray-Ban heir escalates feud with CEO as $88 billion family fortune hangs in the balance
Leonardo Maria Del Vecchio blames Francesco Milleri for a share-price slump just as strong results strengthen the chief executive ahead of his reappointment
Leonardo Maria Del Vecchio, a 31-year-old heir to the $88 billion fortune behind eyewear giant EssilorLuxottica, has escalated his public feud with chief executive Francesco Milleri, blaming him for a collapse in the company's share price just as strong quarterly results strengthen Milleri's hand ahead of his reappointment next year.