SEC 1745
(02-02)

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

UNITED STATES

OMB APPROVAL

SECURITIES AND EXCHANGE COMMISSION

OMB Number:
3235-0145

Washington, D.C. 20549

Expires: December 31, 2005

SCHEDULE 13G

Estimated average burden hours per response. . 11

[     ]

Rule 13d-1(b)

[     ]

Rule 13d-1(c)

[ X ]

Rule 13d-1(d)

CUSIP No. T6444Z 10 2

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Leonardo Del Vecchio

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

[     ]

(b)

[     ]

3.

SEC Use Only

4.

Citizenship or Place of Organization
Italy

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
313,802,956

6.

Shared Voting Power
0

7.

Sole Dispositive Power
313,802,956

8.

Shared Dispositive Power
0

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
313,802,956

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  [     ]

11.

Percent of Class Represented by Amount in Row (9)
69.1%

12.

Type of Reporting Person (See Instructions)
IN

Item 1.

(a)

Name of Issuer
Luxottica Group S.p.A.

(b)

Address of Issuer's Principal Executive Offices
Via Cantu, 2, Milan, Italy 20123

Item 2.

(a)

Name of Person Filing
Leonardo Del Vecchio

(b)

Address of Principal Business Office or, if none, Residence
Via Cantu, 2, Milan, Italy 20123

(c)

Citizenship
Italy

(d)

Title of Class of Securities
Ordinary Shares

(e)

CUSIP Number
T6444Z 10 2

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

[  ]

Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).

(b)

[  ]

Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

[  ]

Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

[  ]

Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

[  ]

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

[  ]

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

[  ]

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

[  ]

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

[  ]

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

[  ]

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

Item 4 is hereby amended as follows:

(a)

Amount beneficially owned:    313,802,956*

(b)

Percent of class:    69.1%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote    313,802,956*

(ii)

Shared power to vote or to direct the vote    0

(iii)

Sole power to dispose or to direct the disposition of    313,802,956*

(iv)

Shared power to dispose or to direct the disposition of    0

*The ordinary shares beneficially owned by Mr. Del Vecchio include 64,553,266 ordinary shares held of record by La Leonardo Finanziaria S.r.l., 170,410,000 ordinary shares held of record by Leoinvest Luxembourg S.a.r.l. and 78,839,690 ordinary shares held of record by Delfin S.r.l.  La Leonardo Finanziaria S.r.l., Leoinvest Luxembourg S.a.r.l. and Delfin S.r.l. are entities established and controlled by Mr. Del Vecchio.  Mr. Del Vecchio holds voting and investment power over the ordinary shares held by such entities.

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [    ].

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable.

Item 8.

Identification and Classification of Members of the Group

Not applicable.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

Not applicable.

February 14, 2003

Date

/s/  Leonardo Del Vecchio

Signature

Leonardo Del Vecchio

Name/Title