Mediobanca
Strategic Concepts & Mechanics
Primary Evidence
"The major shareholder of Mediobanca, at the core of Generali and UniCredit, the major investor of Covivio, a European real estate leader, engaged with Prada in the redevelopment of the former railway yard to create the Olympic village of Milan-Cortina 2026. A way to diversify his fortune into financial investments, which generally offer a higher return than manufacturing ones, but also the possibility of directly influencing the choices of the main Italian financial institutions, to which he has not spared criticism."
"Indeed, Leonardo has decided in recent years to diversify part of his estate into finance. And he has enjoyed it. He entered Mediobanca, becoming the largest shareholder just below the 20% threshold, and has increased his hold on Generali. He wants to take Italian finance beyond its localism."
"Mediobanca and Generali missed that qualitative, and sizeable, leap that he had the courage to make with Luxottica. It needs to be done. He wants to make them play the international game."