Giorgio Armani, whose designs dominated the red carpet at the Venice Film Festival this year, has died at the age of 91 years old.
This week the fashion world was met with the heartbreaking news that Italian fashion designer Armani passed away. Armani passed away peacefully in his home surrounded by his loved ones.
His company confirmed the news in a statement that read, “With infinite sorrow, the Armani Group announces the passing of its creator, founder, and tireless driving force: Giorgio Armani.”
They continued, “Il Signor Armani, as he was always respectfully and admiringly called by employees and collaborators, passed away peacefully, surrounded by his loved ones. Indefatigable to the end, he worked until his final days, dedicating himself to the company, the collections, and the many ongoing and future projects.”
And as the world grieves the loss of Armani, we’re taking a look at the staggering net worth he acculumated ahead of his death as he was considered one of the richest openly queer people in the world. According to reports by Celebrity Networth, Armani was worth an estimated $9.6 billion.
The majority of his wealth stems from his famous business fashion empire, which he first launched in the mid-1970s. Armani’s designs first blew up in Italy, and later rose to widespread popularity in America in the 1980s after appearing in major TV shows.
One of these TV series included the hit drama show Miami Vice, where Detective Sonny Crockett (played by Don Johnson) famously sported his looks. Crockett was known for his stylish looks including pastel t-shirts, linen suits, and other trendy designer clothes.
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