Billionaire Ray-Ban owner Leonardo Del Vecchio’s 87. died in

Leonardo Del VecchioThe Italian industrialist who built an eyewear empire that spanned from Ray-Ban to some of the biggest fashion brands has died. The billionaire was 87 years old.

EssilorLuxottica SA, the eyewear giant for which Mr Del Vecchio served as chairman, announced his death on Monday without disclosing a reason. The company said its board of directors would meet to determine the next course of action.