Giorgio Armani Teased His Successor for His Multi-Billionaire Empire Days Before His Demise: 'My Schemes for Legacy...'
Giorgio Armani, the iconic Italian fashion designer, passed away on September 4, 2025, at the age of 91. Known as "Il Signor Armani" by his employees and collaborators, Armani was a beloved and respected figure, known for his support of his hometown, Milan.
Throughout his illustrious career, Armani was renowned for his relentless curiosity, deep attention to the present, and connection with the public. He started his menswear line in 1975 after being a freelance designer, and over the years, he expanded his vision beyond fashion to encompass various aspects of life. Along with his fashion business, Armani's ventures expanded into interior design, real estate, restaurants, and hotels.
Armani became a household name in the public sphere after dressing Richard Gere in American Gigolo in 1980. His net worth at the time of his death was $12.1 billion, according to Forbes. Despite his success, Armani held a majority stake at his company and resisted selling it to multinational companies like LVMH.
In his later years, Armani had plans for a gradual transition of his responsibilities at the Armani group to those closest to him, including Leo Dell'Orco, members of his family, and the entire working team. He worked until his final days, dedicating himself to his company, collections, and future projects.
Speculation about Armani's health heightened during Milan Fashion Week in 2024 when he was absent. The Armani Group announced his death in a statement, stating that he passed peacefully surrounded by his loved ones. At the time of his death, Armani's business empire was controlled by a foundation, as revealed in his last will, which included instructions for his heirs to sell an initial 15% minority share with priority to LVMH, EssilorLuxottica, or L’Oréal.
For those seeking affordable alternatives to Giorgio Armani's Luminous Silk Foundation, there are 5 drugstore dupes available. Despite his passing, Armani's legacy will continue to influence the fashion industry and inspire future generations.
Armani was not just a fashion designer; he was a man who connected with the public, a man who was passionate about his work, and a man who left an indelible mark on the world of fashion. His open dialogue with the public and his ability to connect with everyone made him a beloved figure. Rest in peace, Giorgio Armani.
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