Giorgio Armani, the renowned Italian fashion designer, has passed away at the age of 91. His company announced his death on Thursday, prompting an outpouring of tributes from around the world. Indian dairy brand Amul shared a creative and moving tribute on their official X account, featuring an image with the words “Suited for all” and a caption that read, “Amul Topical: Tribute to one of the most influential figures in modern fashion.” The post quickly went viral, with users praising the tribute and sharing their admiration for Armani’s legacy.
Armani’s net worth was estimated to be $12.1 billion, making him one of the world’s top 200 billionaires. His wealth was built not only from his clothing line but also from a diverse range of businesses, including accessories, perfumes, cosmetics, home furnishings, books, flowers, and even chocolate brands. The fashion house he founded in 1975 became Italy’s third-largest fashion group, expanding over the decades into a complete lifestyle empire.
Following Armani’s death, questions have arisen about who will inherit his vast empire. Armani, who never married and had no children, had prepared a succession plan. He had stated that he wanted his successors to include both collaborators and family members, with a gradual transition of responsibilities. His younger sister Rosanna, two nieces Silvana and Roberta, and a nephew Andrea Camerana, all hold senior positions within the company. Armani had also hinted that Pantaleo Leo Dell’Orco, a long-time collaborator, was his likely successor.
Armani had expressed his desire for a smooth and organic transition, without a moment of rupture. He had acknowledged that his greatest weakness was being in control of everything, but had planned for a gradual handover of responsibilities to those closest to him. With his passing, the fashion world mourns the loss of a legendary designer, while his empire is expected to continue under the guidance of his chosen successors. Armani’s legacy will undoubtedly live on, with his iconic designs and brands remaining a testament to his influence and impact on the fashion industry.