Gianni Versace, the Italian fashion designer, was known for his flamboyant and luxurious designs. However, his life was cut short in 1997 when he was tragically murdered outside of his Miami mansion.
After his death, the future of Versace’s fashion empire remained uncertain. In this article, we’ll explore who inherited Versace money and how they’ve continued to shape the brand’s legacy.
Donatella Versace
Following Gianni’s death, control of the Versace company passed to his sister Donatella. She had worked with her brother for many years and had been a key figure in shaping the brand’s aesthetic. Donatella took over as creative director of the company and has been at the helm ever since.
Under Donatella’s leadership, Versace has continued to produce bold and glamorous designs that have become synonymous with the brand. She has also expanded into new areas such as home decor and luxury hotels.
Santo Versace
Another key figure in the Versace empire is Gianni’s older brother Santo. He helped to build the company alongside Gianni and was instrumental in its success during the 1980s and 90s. After Gianni’s death, Santo became CEO of the company and focused on expanding its global reach.
Today, Santo remains involved in the running of Versace as chairman of the board. He also oversees other business ventures such as real estate investments.
Allegra Versace
Gianni Versace had one niece – Allegra – who inherited a significant portion of his wealth after his death. Allegra was just eleven years old at the time but became a major shareholder in the company when she turned eighteen.
Today, Allegra is a private individual who avoids public appearances. She still owns a stake in Versace but is not involved in its day-to-day operations.
The Versace Legacy
Despite the tragic events that led to Gianni’s death, the Versace brand has continued to thrive under the stewardship of his family. Donatella, Santo, and Allegra have all played important roles in shaping the company’s legacy and ensuring that its designs remain as bold and luxurious as ever.
Today, Versace is known for its iconic Medusa logo, intricate prints, and glamorous red carpet gowns. The brand’s influence can be seen in fashion houses around the world and it continues to be a major player in the luxury fashion industry.
- Conclusion:
In conclusion, after Gianni Versace’s death in 1997, control of the company passed to his sister Donatella. She became creative director of Versace and has been at the helm ever since.
Gianni’s older brother Santo also plays a significant role in running the company as chairman of the board. Finally, Gianni’s niece Allegra inherited a significant portion of his wealth but is not involved in the day-to-day operations of Versace. Together, they have continued to build on Gianni’s legacy and ensure that Versace remains one of the most iconic luxury brands in the world today.