9Mario Moretti Polegato – Net worth – $2 billion
Next on our top list is Mario Moretti Polegato, born on August 16, 1952.
The Italian entrepreneur has a net worth of $2 billion, thanks to his company, Geox, of which he is the president.
Geox was founded in 1995, and went public in 2004.
Nobody likes smelly feet. The 62-year-old businessman invented shoes with holes in the soles that allow the shoe to breathe and release sweat.
Mario Moretti Polegato’s net worth dropped $7.8 million, after Geox has suffered amid Europe’s stumbling economy.
In 2012, sales dropped 9% to $1.1 billion and 11% in 2013.
The billionaire plans to build 25 stores in India over the next 3 years.