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Ray-Ban Heir Details Drug Abuse, Escalates EssilorLuxottica Spat

Bloomberg Technology Monday 12 October 2026, 16:20 UTC By Chiara Albanese 1 min read
Key Points

Ray-Ban Heir Details Drug Abuse, Escalates EssilorLuxottica Spat EssilorLuxottica SA heir Leonardo Maria Del Vecchio publicly disclosed his challenges with drug addiction and renewed his criticism of the eyewear company’s leadership after stepping down from his executive roles in August. EssilorLuxottica “has a name, Del Vecchio, and I cannot put my face behind it when salaries are frozen and shares are dropping 50%,” Del Vecchio said in a video podcast with Italian rapper Fedez.

Ray-Ban Heir Details Drug Abuse, Escalates EssilorLuxottica Spat EssilorLuxottica SA heir Leonardo Maria Del Vecchio publicly disclosed his challenges with drug addiction and renewed his criticism of the eyewear company’s leadership after stepping down from his executive roles in August. EssilorLuxottica “has a name, Del Vecchio, and I cannot put my face behind it when salaries are frozen and shares are dropping 50%,” Del Vecchio said in a video podcast with Italian rapper Fedez. “There has not been the right vision after my father. And it is the market that says it, not me.”
Ray-Ban Heir Details Drug Abuse (PERSON) Spat Ray-Ban (PERSON) SA (ORG) Leonardo Maria Del Vecchio (PERSON) EssilorLuxottica (ORG) Del Vecchio (LOCATION) Italian (ORG)
Originally published by Bloomberg Technology Read original →

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