What Happens To Giorgio Armani's Multi Billion-Dollar Fashion Empire And Who Will Inherit It?

Italian fashion icon Giorgio Armani who died earlier this week, built one of the world’s most enduring luxury brands. He leaves behind not only a style legacy but also a vast business empire spanning fashion, hotels, and lifestyle ventures. According to Bloomberg, Armani’s privately owned company generated about $2.7 billion in revenue in 2024. Analysts estimate its market value at $8–11 billion if it were publicly traded. Armani never married and had no children. Succession planning for both his company and personal fortune has long been in place. n18oc_world n18oc_crux

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What Happens To Giorgio Armani's Multi Billion-Dollar Fashion Empire And Who Will Inherit It?