Renzo Rosso is an Italian entrepreneur best known as the founder of Diesel and the president of OTB Group, which owns notable fashion brands like Maison Margiela and Jil Sander. His success in the fashion industry has led to a significant net worth, estimated by Forbes at $3.6 billion in 2022. Rosso's career exemplifies entrepreneurial success and leadership within the fashion world.
In 1955, Renzo Rosso, the Italian entrepreneur and businessman who would later found Diesel and become the president of OTB Group, was born.
In 1975, Renzo Rosso dropped out of the University of Venice and began working as a Production Manager at Moltex, a local clothing manufacturer.
In 1977, Adriano Goldschmied convinced Renzo Rosso to stay at Moltex by offering him a 40% stake and agreeing to form Diesel together. Following the new partnership, Rosso became a shareholder of the Genius Group, which gathered brands such as Replay, King Jeans, Viavai, and Goldie.
It was estimated that Diesel had sold more than 100,000,000 pairs of jeans since 1978.
In 1984, Renzo Rosso created Dieselito, a line of children's wear.
In 1985, Renzo Rosso took complete control of Diesel by trading his shares in the Genius Group for Goldschmied's remaining shares in Diesel. Sales of Diesel-branded clothing had reached about $5 million annually.
In late 1992, Renzo Rosso purchased a farm close to Diesel headquarters in Molvena and began producing wine and olive oil under the name Diesel Farm.
Rosso received Grand Prix awards in 1992, 2001, 2007, 2009, and 2010 and Advertiser of the Year in 1998.
In 1996, Renzo Rosso became the owner of the Bassano Virtus 55 Soccer Team.
In 1996, Renzo Rosso published his first book, 'Forty', under the Diesel brand.
In 1998, Ted Polhemus published 'Diesel: World Wide Wear' through Thames and Hudson, detailing Renzo Rosso's story.
Rosso received Grand Prix awards in 1992, 2001, 2007, 2009, and 2010 and Advertiser of the Year in 1998.
In 1999, the children's wear line Dieselito became Diesel Kid.
In October 2000, Staff International was acquired by Renzo Rosso.
In 2000, Renzo Rosso made his first acquisition when he purchased Staff International.
Rosso received an honorary degree from the CUOA Foundation of Altavilla Vicentina, Italy, in 2000, which cited Diesel as "one of the entrepreneurial phenomena of the 1990s".
In 2001, Rosso began manufacturing and selling wine and olive oil at Diesel Farm.
Rosso received Grand Prix awards in 1992, 2001, 2007, 2009, and 2010 and Advertiser of the Year in 1998.
In 2002, Renzo Rosso purchased the majority of the fashion house Maison Margiela.
In 2004, CNN described Diesel as "the first brand to believe truly in the global village and to embrace it with open arms."
In 2004, Renzo Rosso received the International Leading Entrepreneur Award in Monte Carlo.
In 2004, Rosso explained his admiration for Maison Margiela in an interview with Women's Wear Daily.
In 2004, during an interview with CNN, Renzo Rosso mentioned that he spends his free time exercising, practicing Pilates, and cycling.
By 2005, Maison Margiela had increased its sales to €30 million, compared to €15 million in 2002.
Established in 2005, Millennium Promise is the leading international non-profit organization solely committed to supporting the achievement of the Millennium Development Goals to halve extreme poverty by 2015.
In 2005, Rosso published 'Fifty' through Gestalten Verlag.
In 2005, Rosso received an honorary degree from the University of Verona, Italy.
In 2005, Rosso was named "Man of the Year" by the German edition of GQ.
In 2005, under Rosso's leadership, the Bassano Virtus 55 Soccer Team won a Serie D championship.
Rosso received Grand Prix awards in 1992, 2001, 2007, 2009, and 2010 and Advertiser of the Year in 1998.
In June 2008, Renzo Rosso donated 2,000,000 HKD ($250,000) to the Special Relief Fund for Children Affected by the 2008 Sichuan earthquake, established by UNICEF.
In July 2008, Renzo Rosso purchased the majority of the stakes of Viktor & Rolf.
In 2008, Maison Margiela showed profitability for the first time since the acquisition, reaching sales above €60 million.
In 2008, Renzo Rosso launched OTB Foundation, a not-for-profit organization to contribute to the sustainable development of less advantaged areas.
In 2008, the Bassano Virtus 55 Soccer Team achieved promotion to Serie C.
In 2008, the book 'XXX Years of Diesel Communication' was published by Rizzoli.
In March 2009, Renzo Rosso purchased 4.9% of the stocks in Yoox, an online mail-order retailer of multi-brand clothing and accessories, now known as Yoox-Net-A-Porter.
In 2009, Diesel launched the award-winning 'Be Stupid' campaign, which is based on a business philosophy Rosso has practiced much throughout his life and career.
In 2009, Renzo Rosso, together with Millennium Promise, started supporting the development of the Only The Brave Millennium Village, in Dioro, Mali.
In the 2008/2009 season, the Bassano Virtus 55 Soccer Team won a Serie C Italian Cup.
Rosso received Grand Prix awards in 1992, 2001, 2007, 2009, and 2010 and Advertiser of the Year in 1998.
In 2010, Renzo Rosso was named Millennium Promise Millennium Development Goals Global Leader in conjunction with the Millennium Development Goals Summit, at the United Nations in New York City.
Rosso received Grand Prix awards in 1992, 2001, 2007, 2009, and 2010 and Advertiser of the Year in 1998.
Since 2010, Renzo Rosso has personally invested in projects focused on his home region of Veneto, North-East Italy, including bringing free public Wi-Fi and initiating restoration projects in his hometown of Bassano del Grappa.
In April 2011, in an interview with the Italian daily newspaper Corriere della Sera, Renzo Rosso stated that he never intended to follow the route of Bernard Arnault and François Pinault, but that he instead wanted to build a conglomerate that is "democratic" and alternative.
In October 2011, Renzo Rosso was knighted Cavaliere del Lavoro by the President of the Republic of Italy, Giorgio Napolitano.
In 2011, Renzo Rosso released 'Be Stupid: For Successful Living', a business advice manual, published by Rizzoli.
In February 2012, Renzo Rosso was invited by the Permanent Mission of Italy to the United Nations to host a press conference at The United Nations together with Jeffrey Sachs, about the progress of Millennium Promise and OTB Foundation.
On July 26, 2012, Renzo Rosso created the Brave Circle Fund to help people hit by the 2012 earthquakes in Emilia-Romagna, Italy. He dedicated 5 million euros to set up a micro-credit program.
In 2012, Diesel Kid became Brave Kid, a stand-alone company.
In August 2013, The NY Times estimated that Diesel had sold more than 100,000,000 pairs of jeans since 1978.
In 2013, Renzo Rosso became a partner of Andre Balazs and Eric Schmidt in the Chiltern Firehouse hotel in London.
In 2013, Riccardo Micheletti's 'Revolution' was published by Marcianum, focusing on Renzo Rosso's life.
In 2013, the Bassano Virtus 55 Soccer Team won a Lega Pro Seconda Divisione championship.
In the 2013/2014 season, the Bassano Virtus 55 Soccer Team won the Supercoppa di Lega di Seconda Divisione.
In 2015, Diesel Farm started the process to become fully organic.
In 2015, Renzo Rosso received an honorary research doctorate in business economics from the University of Rome Tor Vergata.
In the 2014/2015 season, the Bassano Virtus 55 Soccer Team reached a playoff final.
Millennium Promise is the leading international non-profit organization solely committed to supporting the achievement of the Millennium Development Goals to halve extreme poverty by 2015.
In 2016, Renzo Rosso published 'Radical Renaissance 55+5' through Assouline.
Rosso led the Bassano Virtus 55 Soccer Team until June 2018, leading it to achieve the most important results in its history.
On June 18, 2018, Renzo Rosso formalized the purchase of the business unit of the bankrupt Vicenza Calcio soccer team through its liquidation auction.
In 2019, Renzo Rosso oversaw the publication of the book "Diesel Dream Disruption Deviation Denim".
In March 2022, Renzo Rosso secretly married Arianna Alessi in Miami.
In 2022, Forbes estimated Renzo Rosso's net worth to be US$3.6 billion.
In 2023, Renzo Rosso revealed that he had married Arianna Alessi in Miami in March 2022.
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