Luca Bassani is the Italian

Italy

Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

 founder of the Monaco

Monaco

Monaco , officially the Principality of Monaco , is a sovereign city state on the French Riviera. It is bordered on three sides by its neighbour, France, and its centre is about from Italy. Its area is with a population of 35,986 as of 2011 and is the most densely populated country in the...

-based maritime design company Wally Yachts

Wally Yachts

Wally Yachts is a maritime design and manufacture company based in Monte Carlo, Monaco.-Company history:Founded by wealthy Italian businessman Luca Bassani in 1994, Wally started out primarily as a sail boat design firm and have more recently branched out into designing cutting edge motor yachts,...

.

He was born on the 24 november in 1956 into a wealthy Milan

Milan

Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...

ese family. As a child he learnt to sail while staying at their house in Portofino

Portofino

Portofino is a small Italian fishing village, comune and tourist resort located in the province of Genoa on the Italian Riviera. The town is crowded round its small harbour, is closely associated with Paraggi Beach, which is a few minutes up the coast...

 on the Italian Riviera

Italian Riviera

The Italian Riviera, or Ligurian Riviera is the narrow coastal strip which lies between the Ligurian Sea and the mountain chain formed by the Maritime Alps and the Apennines...

. Later he studied economics at Bocconi University

Bocconi University

Bocconi University is a private university located in central Milan, beside Parco Ravizza. Bocconi provides undergraduate, graduate and post-graduate education, in addition to a range of double degree programs, in the fields of economics, management, finance and law. According to many university...

, where he was awarded a Ph.D., before working in his father’s electrical supply business.

He formed the Wally Yachts company after having directed the design of a yacht for his own use in 1991. He founded the company headquarters to Monaco in 1994.