Fashion icon Giorgio Armani is leaving behind a substantial inheritance following his passing at the age of 91. The renowned Italian designer passed away surrounded by his family in a peaceful manner.
Armani’s team shared a heartfelt message expressing their deep sorrow over his demise and highlighted his unwavering commitment to his work until the very end. Known respectfully as “Il Signor Armani” by his colleagues, he dedicated himself tirelessly to his company and various projects.
In 1966, Armani crossed paths with Sergio Galeotti, a young apprentice architect, leading to a collaborative partnership and a romantic relationship. Tragically, Sergio succumbed to an AIDS-related illness in 1985, which Armani considered a significant setback in his career.
Despite lacking immediate family, Armani immersed himself in his work, expanding his empire to include a diverse range of products such as home furnishings, perfumes, and hospitality ventures. As a successful businessman, his company generated substantial annual revenue.
Armani’s legacy, as reported by the Luxury Tribune, revealed his majority ownership of the group, with a small portion held by the Giorgio Armani Foundation. While he had no direct heirs, his nieces and nephew, Silvana, Roberta Armani, and Andrea Camerana, were already involved in the company’s leadership.
His declining health led to his absence from the Milan Men’s Fashion Week shows, marking a significant departure from his usual participation. Details of his funeral were announced, emphasizing a private ceremony in accordance with his wishes.
In a tribute to Armani, his team and family acknowledged his visionary contributions that extended beyond fashion, his connection with the community, and his commitment to his beloved city of Milan. They vowed to uphold his legacy and values in continuing the company’s journey with reverence and love.
