Mario Moretti Polegato is a thriving self-made billionaire. According to Forbes, Mario is the 1044th richest billionaire in the world and the 22nd richest man in Italy. Mario’s estimated net worth is US$ 1.99 billion.
His major source of wealth is shoe manufacturing and sales. He is the founder of the company Geox.
Childhood:— Not too much is known about Mario’s childhood years. However, we do know that he was born on the 16th of August 1952, in Crocetta del Montello (Treviso). Mario’s family consists of a long line of entrepreneurs that were actively involved in the winemaking and agricultural industries.
Early Career:— In an attempt to take up the family business and continue it, Mario studied enology. He devoted several years to the family business and helped in its expansion. Sometime during the 1990s, Mario had taken a trip to Nevada for participating in a wine fair.
The heat of the desert air had heated his feet so much that Mario took a Swiss knife and cut two holes through the rubber soles of his shoes for ventilation.
Career:— Cutting holes through the rubber soles of his shoes, provide Mario an superb concept. On his arrival back in Italy, he designed a brand new pair of shoes with a breathable and water-resistant membrane and a sole with holes in it.
This breathable shoe technology was patented throughout a hundred countries worldwide. As crazy as the concept seemed, it actually worked, like many different seemingly crazy business ideas that worked! Mario was the first-ever character to create a breathable rubber sole.
Soon after this creation, Mario went on to set up Geox, to provide that breathable footwear on a huge scale. Geox, first of all, had only a complete of five young graduate employees, however, nowadays the business enterprise has over 30,000 indirect and direct employees. Geox is presently unfolded over 105 countries worldwide.
Mario is likewise the President of the family-owned finance company primarily based in Treviso, LIR Srl. Since the year 2003, Mario has also been a member of the executive board of the General Confederation of Italian Industry.
Career Highlights:— Mario began his career by joining the family winemaking business. On a trip to Nevada, Mario got the idea of making breathable footwear. After the creation of this shoe technology, Mario decided to go large scale with productions. Currently, Mario’s company is spread across over 105 countries worldwide.
Personal Life:—- Not too much is known about Mario’s personal life. However, we do know that he was born and raised in Italy. He continues to reside in Italy and even holds Italian citizenship. Mario is approximately 63 years old; he is married and has 1 child.
Mario spends a lot of his time teaching students about the intellectual property across the world. Mario comes from a family of winemakers and agriculturists.