Al­berto Palatchi

Forbes - - THE WORLD’S BILLIONAIRES -

NEW­COMER: In Oc­to­ber Palatchi sold 90% of wed­ding dress com­pany Pronovias to Bri­tish pri­vate equity firm BC Part­ners for an es­ti­mated $655 mil­lion. The dress­maker, which ini­tially spe­cial­ized in lace and silk fab­rics, was founded in 1922 by Palatchi’s fa­ther, who had fled Turkey for Barcelona dur­ing World War I.

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