Billionaire Van der Vorm family $4 billion richer after eyewear sale

Billionaire Van der Vorm family $4 billion richer after eyewear sale

The Van der Vorms, a secretive family of Dutch billionaires,

made as much as $4 billion off the sale of eyewear maker GrandVision in July —

but no one knows what they will do with the cash, Bloomberg’s Ruben Munsterman and Benjamin Stupples reported on October 30.

The family

built its $11.2 billion fortune from Holland America Line, a cruise line, which they sold to Carnival for $625 million in 1988, according to The New York Times.

The family

is extremely secretive: Both the public documents filed by their trust and the website of their charitable foundation refer to family members only by their initials.

In July, The Van der Vorms sold GrandVision to Franco-Italian eyewear empire EssilorLuxottica for 7.3 billion euros ($8.1 billion), Bloomberg reported at the time. At the time, the family owned 77% of GrandVision and profited as much as $4 billion from the sale.

Business Insider

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