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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