Who Inherited Gianni Versace’s Fortune?

by | Last updated on January 24, 2024

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In his will, Versace left 50% of his fashion empire to his niece, Allegra Versace . She and her younger brother, Daniel, inherited Versace's rare artwork collection. Allegra inherited her stake, worth approximately $500 million, when she turned 18 years old in 2004.

Who is Paul Beck married to?

In September 2017, Donatella Versace set up a tribute show dedicated to her brother. Versace and her former husband, American model Paul Beck have two children: daughter Allegra Versace Beck (born 30 June 1986), and son Daniel Versace Beck (born 1989). Her marriage with Paul Beck ended in 2000.

Who is Donatella Versace husband?

In his will, Versace left 50% of his fashion empire to his niece, Allegra Versace . She and her younger brother, Daniel, inherited Versace's rare artwork collection. Allegra inherited her stake, worth approximately $500 million, when she turned 18 years old in 2004.

Is Donatella Versace The CEO of Versace?

Gianni Versace. Gianni Versace, (born December 2, 1946, Reggio Calabria, Italy—died July 15, 1997, Miami Beach, Florida, U.S.), Italian fashion designer known for his daring fashions and glamorous lifestyle. ... His brother, Santo, served as CEO, and his sister, Donatella , was a designer and vice president.

How much did Versace leave his partner?

Versace's will left D'Amico with a pension of 50 million lira a month for life, and the right to live in any of Versace's homes in Italy and the United States.

Does Michael Kors own Versace?

Michael Kors has a new name, Capri, and now owns both Versace and Jimmy Choo. ... Gianni Versace founded Versace in 1978. The -run business was thrown into chaos with Versace's murder 21 years ago. His sister, Donatella Versace, will continue with the company, holding the position of creative director.

How much money is Versace worth?

Net Worth: $1 Billion Nationality: Italy

Is Versace public or private company?

( Versace has been privately owned and thus does not release its financials.) Donatella owned a 20-percent share of the business prior to the Blackstone investment.

How much does a Versace executive make?

The average Versace executive compensation is $233,469 a year . The median estimated compensation for executives at Versace including base salary and bonus is $240,465, or $115 per hour. At Versace, the most compensated executive makes $450,000, annually, and the lowest compensated makes $53,000.

What is Versace most famous for?

Versace became internationally renowned for ultra-glamorous creations as well as spectacular theatrical costumes and innovative menswear design . Versace's style combined luxurious classicism with overt sexuality. His sensational advertising campaigns featured supermodels such as Linda Evangelista and Naomi Campbell.

Did Louis Vuitton buy Michael Kors?

It would not be the first time Louis Vuitton's parent company has held a stake in the Kors brand. LVMH Group acquired a one third stake in the brand in 1999, while Kors, himself, was serving as the creative head of LVMH-owned Celine.

Is Versace more expensive than Michael Kors?

An American company taking over the Italian luxury fashion designer, critics argued, would be the death of the brand. Most Versace bags cost more than $2,000 , while you can buy a Michael Kors handbag at Macy's for less than $100. ... And, the company has a number of plans regarding the evolution of Versace.

How much did Michael Kors buy Jimmy Choo?

U.S. retailer Michael Kors created a buzz when it agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion , snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.

Maria LaPaige
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Maria LaPaige
Maria is a parenting expert and mother of three. She has written several books on parenting and child development, and has been featured in various parenting magazines. Maria's practical approach to family life has helped many parents navigate the ups and downs of raising children.