Who is Iole Lucchese?
The late owner of Scholastic Corp., the publisher of classic children’s novels like “Harry Potter” and “Magic Schoolbus,” apparently left the company and his personal fortune to his former sweetheart, according to reports.
According to The Wall Street Journal, Iole Lucchese became the heir and controller of Scholastic Corporation after the tragic death of M. Richard Robinson Jr., the $1.2 billion publishing company’s longstanding CEO.
According to the publication, Lucchese had been Robinson’s lifelong romantic relationship. According to Scholastic, Lucchese is the Executive Vice President of Scholastic Corporation, Chair of the Board of Directors, and Chief Strategy Officer.
Robinson identified Lucchese as “my partner and closest friend.” in his 2018 will, according to the Wall Street Journal. According to The Wall Street Journal, he also left her his personal belongings. Robinson was 30 years Robinson’s junior.
Richard Robinson was 84 years old and his partner is 54 years old.
Richard Robinson Leaves $1.2B Firm For Iole Lucchese
According to Scholastic.com, Iole was appointed Executive Vice President of Scholastic Corporation in 2016 and Chair of the Board of Directors in 2021. Her first job was with the Scholastic Canada Books Club, and she is a Canadian native.
“Born in Toronto, Ontario, Ms. Lucchese is a first-generation college graduate, having received her degrees from the University of Toronto.” According to the website
According to the Associated Press, she has inherited a $1.2 billion firm. Following his father’s death, Robinson took over the company. According to the Associated Press, under Robinson’s leadership, Scholastic became the world’s largest publisher of children’s literature.
also i know this isn’t the point of the scholastic succession drama but my first thought upon learning that everything went to iole lucchese was “is she of the lucchese family who make my favorite cowboy boots” (she does not appear to be)
— Jeanna Kadlec (@jeannakadlec) August 2, 2021
According to the firm, it distributes one out of every three children’s books in the US. According to the Associated Press, the company is publicly traded and has a net worth of roughly $1.2 billion.
According to the Associated Press, the company’s net worth plummeted from $1.6 billion in 2016 to under $800 million in 2020.
How Did Richard Robinson Die?
He died on June 5, 2021, at the age of 84, while on vacation in Martha’s Vineyard, Massachusetts.
The cause was either a stroke or a heart attack, according to reports.