Maurizio Gucci

Maurizio Gucci (September 26, 1948 – March 27, 1995) was an Italian businessman, and the one-time head of the Gucci fashion house. He was the son of Rodolfo Gucci, and grandson of Guccio Gucci.

Maurizio Gucci
Born26 September 1948
Florence, Italy
Died27 March 1995(1995-03-27) (aged 46)
Milan, Italy
Cause of deathMurder
Occupationbusinessman
Known forA member of Gucci family
Spouse(s)Patrizia Reggiani
(1973–1995)
Children2
Parents
RelativesGuccio Gucci (grandfather),
Aldo Gucci (uncle)

Biography

Maurizio Gucci was born on September 26, 1948 in Florence, to Rodolfo Gucci and Sandra Ravel.[1]

In May 1983, Rodolfo Gucci died in Milan.[2] His son, Maurizio Gucci inherited his father’s majority stake in the company and launched a legal war against his uncle Aldo Gucci for full control of Gucci (a prosecution led by the city prosecutor Rudolph Giuliani, and with Domenico de Sole representing the Gucci family).[3]

In 1988, Maurizio Gucci sold almost 47.8% of Gucci to the Bahraïn-based investment fund Investcorp (owner of Tiffany since 1984), and withheld the other 50%.[4] From 1991 to 1993, Gucci's finances were in the red. Maurizio Gucci was blamed for spending extravagant amounts of money on the company's headquarters in Florence (Via delle Caldaie palazzo) and in Milan.[5]

Maurizio Gucci went on to sell his stock in Gucci in 1993 for $170 million to the Bahrain-based investment group, Investcorp. In 1995, a year and a half after the sale of Gucci, he was gunned down by a hired hit man. His ex-wife Patrizia Reggiani was convicted of arranging the killing in 1998.[6][7][8]

References
  1. Forden, Sara G. (2012-05-08). The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed. Harper Collins. p. 16. ISBN 978-0-06-222267-1.
  2. "Rodolfo Gucci Is Dead at 71; Brother in Leather Goods Firm (Published 1983)". The New York Times. 1983-05-16. ISSN 0362-4331. Retrieved 2020-10-12.
  3. Gucci, Patricia (2016-05-10). "chapter 21". In the Name of Gucci: A Memoir. Crown/Archetype. ISBN 978-0-8041-3894-9.
  4. "INVESTCORP BUYS HALF OF GUCCI | JOC.com". www.joc.com. Retrieved 2020-08-09.
  5. Tagliabue, John (1995-12-14). "INTERNATIONAL BUSINESS: Gucci Gains Ground With Revival of Style;Belt-Tightening in the Work Force And Lavish Spending on Marketing". The New York Times. ISSN 0362-4331. Retrieved 2020-08-09.
  6. Dana Thomas, Deluxe: How Luxury Lost Its Luster, p. 59
  7. Sara Gay Forden, The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed, HarperCollins ISBN 0-688-16313-0, 2001.
  8. Stanley, Alessandra (1998-11-04). "Former Wife Given 29 Years for Ordering Gucci Slaying (Published 1998)". The New York Times. ISSN 0362-4331. Retrieved 2020-10-12.


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