Leonard Riggio
American businessman (1941-2024) · United States · On the map · Business Professionals · Died at 83
Leonard Stephen Riggio was an American businessman. He served as executive chairman of book store chain Barnes & Noble and was its largest shareholder from 1971 until the sale of the company to the hedge fund Elliott Investment Management in 2019.
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About this person
Under his leadership the company expanded significantly from a single retail location on 105 Fifth Avenue in New York City to a nationwide chain with 600+ stores, which it did with acquisitions and mergers of competing chain stores including his takeover of B. Dalton in 1986, which was supported by a major investment from the Dutch retailer Vendex International and Drexel Burnham Lambert-issued junk bonds.
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