Gianni Versace, the founder of the iconic fashion brand Versace, was a true visionary. He built his empire from scratch and made it one of the most recognized fashion brands in the world.
However, his life was cut short when he was tragically murdered in 1997. This left many people wondering who would inherit his vast fortune.
The Inheritance
When Gianni Versace passed away, his sister Donatella Versace inherited 20% of the company while his brother Santo Versace inherited 30%. The remaining 50% was left to Allegra Beck, Donatella’s daughter and Gianni’s niece.
Donatella Versace
Donatella is known for her bold and daring designs that have helped keep the brand relevant and modern. She took over as creative director after her brother’s death and has been at the helm ever since. She has also made headlines for her personal life, including struggles with drug addiction.
Santo Versace
Santo played an instrumental role in helping his brother build the brand into what it is today. He oversaw many of the business operations and helped expand into new markets around the world. Today, he serves as chairman of the board for Versace.
Allegra Beck
Allegra was only 11 years old when her uncle passed away and left her a 50% stake in his fashion empire. When she turned 18, she became a co-owner of the company alongside her mother and uncle. She has largely stayed out of the public eye but is said to be involved with some aspects of the business.
The Future of Versace
Despite Gianni’s tragic death, his legacy lives on through his family members who have continued to run the company with great success. Today, Versace remains one of the most recognizable luxury brands in the world, known for its bold designs and high-end Italian craftsmanship.
- Donatella Versace and Santo Versace inherited 20% and 30% respectively
- Allegra Beck, Donatella’s daughter, inherited 50%
Conclusion
The fashion world was shaken when Gianni Versace was murdered in 1997. However, with the help of his family members, his legacy lives on through the iconic brand that bears his name.
Donatella, Santo, and Allegra have all played instrumental roles in keeping the brand relevant and modern while staying true to its roots. Today, Versace continues to be a major player in the luxury fashion industry and is loved by fans around the world.