Pier Luigi Loro Piana Pier Luigi Loro Piana billionaire businessman .Early life He was born in Milan, Italy , the son of Franco Loro Piana. He received a bachelor's degree in economics from Bocconi University in Milan .Career In 2013, Pier Luigi Loro Piana and his late brother Sergio sold an 80% stake in the Loro Piana fashion company to the French billionaire Bernard Arnault's LVMH for US$2.6 billion. Pier Luigi owns an estimated 10% stake in the Loro Piana company .He is married with three children, and lives in Milan, Italy .Loro Piana Superyacht Regatta , and had a 130-foot yacht, My Song , which was the fourth incarnation of this boat. My Song was lost in a shipping accident while en route from the Caribbean to the Balearic Islands in late May 2019 . According to information collected in a luxurious hotel in Positano , he replaced his superyacht with a Maxi Dolphin 51 ft .
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