In the world of Italian finance, the annual ranking of the country’s stock-market billionaires is making headlines. The Del Vecchio family ranks first in the MF-Milano Finanza ranking of the wealthiest businesspeople, thanks to their shareholding in EssilorLuxottica. Fashion tops the list, including the Prada-Bertelli, Cucinelli, and Maramotti families. Zegna and Ferragamo rise, while Giorgio Armani's heirs fall. The Armani sector may postpone the sale of a 15% stake in the fashion house in the wake of the designer's passing. The family is reportedly in the process of evaluating a new business plan and appointing a consultant to evaluate available options. John Elkann's push remains relevant: Agnelli reportedly wanted to acquire a minority position in Armani through Exor in order to form a luxury conglomerate with Ferrari. Negotiations then stopped due to the designer's refusal to sell his stake. On the industrial front, Elkann identified 2026 as a critical year for Stellantis, which will unveil its future strategy at Capital Markets Day following a challenging 2025.