Giorgio Armani, passed away on September 4, 2025, at the age of 91, left the world two legacies: style, an eternal symbol of made in Italy, and an estimated fortune between 11 and 13 billion euros. The group, founded in 1975 and now with over 8,700 employees and 2.4 billion in revenue, is not listed on the stock exchange but remains one of the global giants of fashion.

The heirs: sister and nephews between family and finance

Without direct heirs, Armani leaves room for his sister Rosanna and his three nephews Silvana, Roberta, and Andrea Camerana, the latter also linked to the Agnelli family. All of them already sit on the board of directors along with trusted managers like Pantaleo Dell’Orco and Federico Marchetti (Yoox).

The Foundation at the center of the future

99.9% of Giorgio Armani spa will pass to the heirs, while the Armani Foundation, currently holding 0.1%, will have a central role. The statute, already prepared and updated in 2023, provides for six categories of shares with differentiated voting rights: categories A and F, despite owning 40% of the capital, will control over 53% of the votes in the assembly. They will decide the key strategies and top figures.

Profits and strict rules for style

From 2021 to 2024, the group generated almost 600 million in profits, with part of the dividends allocated to shareholders. But the rules of the new statute go beyond numbers: a cap on dividends, reinvestment of profits, priority to quality, innovation, and excellence. Even stylistic choices, from men to women, will follow rigorous procedures, ensuring continuity to the “Armani method.”

The founding principles of King Giorgio

Article 4 of the statute, dedicated to the “founding principles,” enshrines the most precious legacy: constant investments, prudence in acquisitions, global brand development, and protection of a unique stylistic identity. A true entrepreneurial testament that ensures that, even without him, the Armani name continues to shine in the world.