Maurizio Gucci

Maurizio Gucci
Maurizio Gucci.jpg
Born(1948-09-26)26 September 1948
Died27 March 1995(1995-03-27) (aged 46)
Cause of deathMurder by gunshot
OccupationBusinessman
Known forMember of Gucci family
Spouse(s)
(m. 1972; div. 1994)
[1]
Partner(s)Paola Franchi (1990–1995)[2]
Children2
Parents
RelativesGuccio Gucci (grandfather)
Aldo Gucci (uncle)
Paolo Gucci (cousin)
Patricia Gucci (cousin)

Maurizio Gucci (26 September 1948 – 27 March 1995) was an Italian businessman and the one-time head of the Gucci fashion house. He was the son of actor Rodolfo Gucci, and grandson of the company's founder Guccio Gucci. On 27 March 1995, he was shot dead at age 46 by a hitman hired by his ex-wife Patrizia Reggiani.

Early life and career

Maurizio Gucci was born on 26 September 1948 in Florence as the only child of Rodolfo Gucci and Sandra Ravel.[3] In 1972, Gucci moved to New York City to work for Gucci with his uncle Aldo Gucci.[4] In the early 1980s, he lived in a luxury penthouse in the Olympic Tower, gifted to him by his father.[5][6] In 1982, he moved back to Milan, and in 1983, he launched a legal war against Aldo for control over Gucci after becoming Gucci's majority shareholder following his father's death.[7][8][9]

In 1986, Gucci fled to Switzerland to avoid prosection after Aldo, seeking revenge, had accused him of forging his father's signature to avoid paying inheritance taxes. He was originally found guilty, but was later acquitted.[10][11] In 1988, Maurizio Gucci sold 47.8% of Gucci to the Bahrain-based investment fund Investcorp (owner of Tiffany since 1984).[12]

Maurizio Gucci was made chairman of the Gucci group in 1989.[10] 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 and Milan.[13] He went on to sell his remaining stock in Gucci in 1993 for $170 million to Investcorp, ending the Gucci family's association with the company.[14]

Relationships

In 1972, Gucci married Patrizia Reggiani, with whom he had two daughters, Allegra and Alessandra.[15] Maurizio's father Rodolfo Gucci originally did not approve of their marriage, calling Patrizia "a social climber who has nothing in mind but money."[16][17] In 1985, he told his wife Patrizia he was going on a short business trip to Florence. The following day, he sent a friend to tell his wife he would not be returning and that the marriage was over.[18]

In 1990, Gucci began dating Paola Franchi, a childhood friend who had attended his wedding to Patrizia.[2][19] Both reeling from unhappy marriages, Franchi became Gucci's live-in partner for five years, sharing a luxury apartment in Corso Venezia, Milan.[20][21] When Gucci's divorce from Reggiani was finalized in 1994, he began plans to marry Franchi on his Saint Moritz estate in Switzerland.[1][19]

Murder

On 27 March 1995, Gucci was gunned down by a hired hitman on the steps outside his office as he arrived at work. His ex-wife Patrizia Reggiani was convicted in 1998 of arranging the killing.[22][23][24] According to prosecutors, Reggiani's motives were a mixture of jealousy, money, and resentment towards her ex-husband.[25] They argued she wanted control over the Gucci estate and wanted to prevent her ex-husband from marrying his new partner, Paola Franchi. The impending marriage would have cut her alimony in half.[26][27] She served 18 years in prison and was released in October 2016.[28]

In popular culture

In April 2021, Vanity Teen magazine announced the launch of a Ridley Scott film based on the story. The film, House of Gucci, features Lady Gaga as Patrizia Reggiani and Adam Driver as Maurizio Gucci.[29] House of Gucci is scheduled to be released in the United States on November 24, 2021, by United Artists Releasing.

References

  1. ^ a b "Maurizio Gucci's ex-wife says she was 'very happy' after slaying: 'I am not guilty, but I am not innocent'". 17 July 2018.
  2. ^ a b "'Black Widow' hounded Gucci heir, then had him shot". The Times. 26 September 2010. Retrieved 2 August 2021.
  3. ^ Forden, Sara G. (8 May 2012). The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed. Harper Collins. p. 16. ISBN 978-0-06-222267-1.
  4. ^ "The House of Gucci: A Complete History and Timeline". WWD. Retrieved 5 August 2021 – via www.wwd.com.
  5. ^ "The Gucci wife and the hitman: fashion's darkest tale". 24 July 2016.
  6. ^ "House of Gucci Cast vs. Real Life". E!. 29 July 2021. Retrieved 2 August 2021.
  7. ^ Forden, Sara G. (8 May 2012). The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed. Harper Collins. ISBN 978-0-06-222267-1.
  8. ^ "Rodolfo Gucci Is Dead at 71; Brother in Leather Goods Firm (Published 1983)". The New York Times. 16 May 1983. ISSN 0362-4331. Retrieved 12 October 2020.
  9. ^ Gucci, Patricia (10 May 2016). "chapter 21". In the Name of Gucci: A Memoir. Crown/Archetype. ISBN 978-0-8041-3894-9.
  10. ^ a b "GUCCI RESTORES ITS TARNISHED IMAGE". Financial Review. 19 October 1990. Retrieved 1 August 2021.
  11. ^ "GUCCI'S TURNAROUND: FROM THE PRECIPICE TO THE PEAK IN 3 YEARS". WWD. Retrieved 1 August 2021.
  12. ^ "INVESTCORP BUYS HALF OF GUCCI | JOC.com". www.joc.com. Retrieved 9 August 2020.
  13. ^ Tagliabue, John (14 December 1995). "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 9 August 2020.
  14. ^ "Gucci Facts". Irish Times. 8 May 1998. Retrieved 31 July 2021.
  15. ^ "Omicidio Gucci – Patrizia Reggiani, rinuncia alla semilibertà: "Non ho mai lavorato in vita mia"". robadadonne.likers.it (in Italian). 19 October 2011. Retrieved 10 March 2021.
  16. ^ "The Gucci wife and the hitman: fashion's darkest tale". 24 July 2016.
  17. ^ "House of Gucci Cast vs. Real Life". E!. 29 July 2021. Retrieved 2 August 2021.
  18. ^ Family Business on the Couch: A Psychological Perspective. John Wiley and Sons. 2007. p. 102. ISBN 978-0-470-51671-3.
  19. ^ a b "LA STANCHEZZA DI LADY GUCCI". 27 October 2011. Retrieved 2 August 2021.
  20. ^ "FAMIGLIA". Design & Fashion Magazine. 22 September 2019.
  21. ^ "The Gucci wife and the hitman: fashion's darkest tale". The Guardian. 24 July 2016 – via www.theguardian.com.
  22. ^ Dana Thomas, Deluxe: How Luxury Lost Its Luster, p. 59.
  23. ^ Sara Gay Forden, The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed, HarperCollins ISBN 0-688-16313-0, 2001.
  24. ^ Stanley, Alessandra (4 November 1998). "Former Wife Given 29 Years for Ordering Gucci Slaying (Published 1998)". The New York Times. ISSN 0362-4331. Retrieved 12 October 2020.
  25. ^ "Where is Patrizia Reggiani Now?". 19 March 2021 – via www.thecinemaholic.com.
  26. ^ "Crime of Fashion: Gucci Killer to Go Free". The Daily Beast. 16 May 2014 – via www.thedailybeast.com.
  27. ^ "Gucci Murder Case To Go to Jury". AP. 2 November 1998 – via www.apnews.com.
  28. ^ Squires, Nick (10 February 2017). "Italy's 'Black Widow' Gucci heiress who ordered ex-husband's murder entitled to nearly £1 million a year from his estate". The Telegraph – via www.telegraph.co.uk.
  29. ^ Meza, Daniel. "Adam Driver And Lady Gaga Share A Glimpse Of House Of Gucci Vanity Teen 虚荣青年 Menswear & New Faces Magazine". www.vanityteen.com. Retrieved 13 April 2021.

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