Guccio Gucci his eldest living biological son, Aldo Gucci Aldo Gucci's sons, Giorgio Gucci, Paolo Gucci, and Roberto Gucci and grandson Uberto Gucci claimed the right to use an inherited, ancestral coat of arms after the Kingdom of Italy, which was ruled by the House of Savoy, transitioned to the Italian Republic in 1946. Paolo Gucci died in London on October 10, 1995, at age 64 of chronic hepatitis in the midst of divorce proceedings. In 1994, he spent five weeks in prison for failing to pay alimony and child support to his second wife Jenny Garwood and their daughter. He had two children with her out of wedlock, Alyssa and Gabriele.
In 1990, he separated from his second wife Jenny Garwood after having an affair with 19-year-old Penny Armstrong. Their marriage dissolved, and in 1977, he married British socialite Jenny Garwood and had one daughter with her, Gemma Gucci. In 1952, Paolo Gucci married Yvonne Moschetto and had two daughters with her, Elisabetta and Patrizia. Due to spending extravagant amounts of money and bad business decisions, he filed for bankruptcy in 1993. In 1987, Paolo sold all his shares in Gucci to Investcorp for $42.5 million. In 1986, Aldo was sentenced to one year and one day in prison for tax evasion. In addition, Paolo also tipped off the IRS about his father's tax evasion. In 1984, seeking revenge, Paolo got his father Aldo removed from the company with the help of his cousin Maurizio Gucci, who had recently become the majority shareholder. In addition, his father Aldo sued him, threatening to cut off any Gucci supplier who signed on with Paolo. When they found out, they were both infuriated and fired him from Gucci in September 1980. In 1980, Paolo secretly launched his own business using the Gucci name without telling his father, nor his uncle Rodolfo. In 1978, his father named him the vice-president of Gucci. He was the chief designer of Gucci in the late 1960s. Paolo Gucci was born on 29 March 1931 in Florence, the son of Olwen Price and Aldo Gucci, who was the son of Gucci founder Guccio Gucci. He is credited with helping design Gucci's famous double G logo. He was the one-time chief designer and vice-president of Gucci. Paolo Gucci (29 March 1931 – 10 October 1995) was an Italian businessman and fashion designer.
0 kommentar(er)
