Leonardo Del Vecchio, the 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.

EssilorLuxottica SA, the eyewear giant for which Mr. Del Vecchio served as chairman, announced his death Monday without disclosing a cause. The company added that its board of directors would meet to determine next steps.

This post first appeared on wsj.com

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