Giorgio Armani left two secret wills: who will inherit the billions

Designer Giorgio Armani secretly left two wills, composed this year. This was reported by 'Glavkom' citing the Italian agency ANSA, referring to data from the Milan notarial archive.

According to the agency, they were opened by a notary on September 9, but their contents are not disclosed. According to ANSA, Armani personally wrote and sealed the wills. One – on March 15 of this year, the other – on April 5. The existence of the wills was known before his death.

It should be noted that the famous designer passed away on September 4 at the age of 91. He has no direct heirs. Armani's fortune is estimated at 11-13 billion euros. First and foremost, he was the sole owner of the fashion house Giorgio Armani, which, unlike many of his competitors, was not purchased by a large corporation and remained the property of its founder. In addition, Armani owned stakes in other companies, including the luxury eyewear manufacturers EssilorLuxottica and yacht manufacturers The Italian Sea Group, as well as several villas.

Giorgio Armani and his contribution to the fashion industry

Previously, Italian designer Giorgio Armani published a letter in the columns of over 60 Italian newspapers, expressing gratitude to doctors for their hard struggle against the coronavirus Covid-19.

'Glavkom' reported how the outstanding designer influenced the global fashion industry. He was known as one of the most influential figures in the fashion world and the founder of his own global luxury brand, which made a significant contribution to the development of modern clothing and style. 

Giorgio Armani left two secret wills that were opened after his death. Their contents remain unknown, but they undoubtedly hold great significance in the distribution of his vast estate. The renowned designer emphasized his independence in the fashion business, and his legacy will remain a significant achievement in the history of the fashion world.