No wife, no kids; Who will inherit Giorgio Armani’s billion-dollar fashion empire?

The fashion world mourns the loss of Giorgio Armani, who passed away at 91, leaving behind a $12 billion empire built on timeless elegance. Armani, a private individual, established a foundation in 2016 to ensure the brand’s independence and governance. His family, including sister Rosanna and nieces Silvana and Roberta, along with longtime collaborator Leo Dell’Orco, will guide the company.