Gilberto Benetton, one of the four siblings who founded the Benetton clothing firm, has died at the age of 77 after a lengthy illness.
Along with his brothers Luciano and Carlo, and sister Giuliana, Gilberto founded United Colors of Benetton in Italy in the 1960s, which became a globally successful and recognisable brand.
The third-youngest of the four siblings diversified the company away from the clothing business, and helped grow it into a multi-billion euro giant.
Nowadays, the Benetton family is one of the most powerful in Italy, with interests in construction, transport and catering.
Gilberto himself was the former head of the family holding company, Edizione, which controls Italy's biggest infrastructure group Atlantia.
The Benettons also control roadside caterer Autogrill and Rome's airports.
In October 2018, Forbes estimated the net worth of Gilberto Benetton, and each of his three siblings, at US$2.7 billion (€2.35 billion).
Gilberto was the second of the entrepreneurial Benetton siblings to die this year. Carlo, the youngest of the four brothers and sisters, died in July 2018, in his hometown of Treviso.