Gianni Versace, the renowned Italian fashion designer, was a man of immense talent and success. He founded the fashion house Versace in 1978, which went on to become one of the most iconic and recognizable brands in the world. However, his life was tragically cut short when he was murdered in 1997 at the age of 50.
The death of Gianni Versace not only shocked the fashion industry but also raised numerous questions regarding his wealth and inheritance. Many wondered who would inherit his vast fortune and how it would be distributed. Here’s what we know about who Gianni Versace left his money to.
Gianni Versace’s Will
After Gianni Versace’s death, it was revealed that he had left behind a will that specified how his fortune should be distributed. According to reports, the designer had a net worth of around $1 billion at the time of his death.
The Primary Beneficiary
The primary beneficiary of Gianni Versace’s will was his beloved niece, Allegra Beck. She was only 11 years old when her uncle died but inherited 50% of his estate through a trust fund that was set up for her by her uncle.
Secondary Beneficiaries
The remaining 50% of Gianni Versace’s estate was divided between his brother Santo Versace and sister Donatella Versace, who each received a quarter of their brother’s estate.
The Fate of the Fashion House
In addition to his personal wealth, Gianni Versace also left behind a successful fashion empire. Following his death, control over the company passed on to Donatella Versace and Santo Versace, who served as chairman and CEO respectively.
However, in recent years, there have been significant changes at the fashion house. In 2018, the luxury fashion company Michael Kors Holdings acquired Versace for $2.1 billion and renamed it Capri Holdings Limited. Donatella Versace remained with the company as artistic director, while Santo Versace stepped down from his role as chairman.
Conclusion
In summary, Gianni Versace left his money to his niece Allegra Beck, who inherited 50% of his estate through a trust fund. His siblings Donatella and Santo Versace each received a quarter of their brother’s estate. The fate of the fashion house he founded was left in the hands of his siblings, who eventually sold it to Michael Kors Holdings in 2018.
Gianni Versace’s legacy continues to live on through his iconic designs and contributions to the fashion industry, and his estate continues to be managed by those he entrusted with it.
10 Related Question Answers Found
Gianni Versace was a legendary Italian fashion designer who founded the fashion house Versace in 1978. He was known for his bold and innovative designs that fused high fashion with pop culture. However, on July 15, 1997, Gianni Versace was tragically murdered outside his Miami Beach mansion.
Gianni Versace, the renowned Italian fashion designer, was one of the most influential figures in the fashion industry. He founded the luxury fashion brand Versace in 1978, which became a global sensation with its bold and distinctive designs. However, on July 15, 1997, Gianni Versace was tragically assassinated outside his Miami Beach mansion at the age of 50.
Gianni Versace was an Italian fashion designer who founded the Versace brand in 1978. He was known for his bold designs, vibrant colors, and opulent creations that were loved by celebrities and fashion enthusiasts alike. His life and legacy have been the subject of movies, documentaries, and TV shows over the years.
The ‘Who Killed Gianni Versace’ TV show is a true crime series that explores the murder of fashion designer Gianni Versace. The show premiered on January 17, 2018, on FX network and quickly gained popularity among viewers due to its gripping storyline and exceptional performances by the cast. Plot Summary
The show revolves around the murder of Gianni Versace, who was shot dead in front of his Miami Beach mansion in 1997.
Gianni Versace was a legendary Italian fashion designer, known for his unique and extravagant designs that revolutionized the fashion industry. He founded the luxury fashion house Versace in 1978, which quickly became one of the most iconic brands worldwide. Unfortunately, Gianni Versace’s life was cut short when he was tragically murdered in Miami Beach, Florida in 1997.
When it comes to true crime dramas, ‘The Assassination of Gianni Versace: American Crime Story’ is a must-watch for fans of the genre. The series, which aired in 2018, chronicles the infamous murder of fashion designer Gianni Versace and the manhunt that followed. One of the most interesting aspects of the show is its cast, particularly who played Versace himself.
The tragic murder of fashion mogul Gianni Versace on July 15, 1997, shocked the world. The designer, known for his bold and colorful designs, was gunned down in front of his Miami Beach mansion by Andrew Cunanan, a serial killer who had been on the run for months. Versace’s death sent shockwaves through the fashion industry and beyond.
Gianni Versace was a renowned fashion designer, known for his luxurious and extravagant designs. He was an icon in the fashion industry, and his life story has been the subject of many movies and TV shows. In 2018, American Crime Story: The Assassination of Gianni Versace premiered on FX Network.
When Gianni Versace, the iconic fashion designer, was murdered in 1997, it not only marked the end of an era but also raised questions about who would inherit his vast estate. Versace had built a fashion empire over several decades, and his sudden death left many wondering what would become of his business and personal assets. Gianni Versace’s Estate:
Versace’s estate was estimated to be worth around $800 million at the time of his death.
Gianni Versace is a name that is synonymous with luxury, glamour, and high fashion. The Italian fashion designer was known for his bold designs that often incorporated bright colors and intricate patterns. He founded the Versace fashion house in 1978 and quickly became one of the most influential designers of his time.
