In Giorgio Armani’s Mega Property Portfolio – Realestate.com.au

The legendary fashion designer Giorgio Armani died at the age of 91.

But what remains unclear is who will inherit his estimated $ US12.1 billion ($ A18.5 billion) – including an expansive ownership empire.

“IL signor Armani, because he was always respectful and admiringly called by employees and employees, died peacefully, surrounded by his loved ones,” the Armani group confirmed in a statement.

“Until the end of the end, he worked until his last days and devoted himself to the company, the collections and the many ongoing and future projects.”

The designer – who had no children – had a preference for international journeys, a passion that extended to his love for real estate, which took property all over the world, from an island house on Pantelleria in Italy to an apartment in New York City.

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Fashion designer Giorgio Armani died at the age of 91 in his hometown Milan, Italy. Image: Getty Images

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Russell Crowe and Giorgio Armani during Milan Heren Fashion Week Autumn/Winter 2016/17. Image: Jacopo Raule/Getty Images

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In one of the last interviews he did before his death, which was published on August 29, the designer spoke with the Financial times From his house in Saint Tropez, where he still ‘rehabilitated’ the unknown state that prevented him from attending his fashion shows in June and July.

Although Armani mainly lived in an apartment in the center of Milan, according to the exhaust valve, his house in Saint Tropez seems to have offered a much needed sanctuary from city life.

However, his physical absence of the daily running of his company does not seem to have deterred the model legend to have control over every aspect of his company.

“My biggest weakness is that I have everything control,” he admitted.

“Everything you will see is done under my direction and is wearing my approval.”

To this end, Armani also opened the publication about the follow -up plan that he had introduced – where various members of his family, including his nieces and cousin, took over the leadership of his company.

“My follow -up plans consist of a gradual transition from the responsibilities that I have always dealt with with those closest to me,” he explained.

“I would like the follow -up to be organic and not a moment of breakage.”

Armani spent a large part of his life in Milan and moved there after serving the army during the Second World War. Image: Anastasiia Buchinskaia/Unsplash via RealTor

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During his lives, Armani broke up several villas and estates in a number of European locations, including a vast ownership on Pantelleria, a well -known Italian island where he owned seven houses, Royal Reports.

Known as Cala Gadir, the estate became one of the most cherished houses in Armani – who for years served as a summer escape for the designer and his loved ones after he bought it in 1979.

Known as the “Black Pearl” of the Mediterranean Sea, Pantelleria was far from the luxurious and exotic paradise that some might have expected Armani to be preferred when he first bought the house.

The designer revealed to Condé Nast Traveler in 2016 that there was no electricity on the island when he arrived for the first time.

“I lived here when there was no electricity on the island,” he shared.

“You had to pump your own water.”

The designer had a number of characteristics all over the world, including a few beautiful villas on the island of Antigua. Image: Flickr/Ed Yourdon Via RealTor

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Yet Armani brought his own lush twist to the house and revised all seven of the houses in his own unique way, although he explained to the outlet that he never tried (or wanted) to turn the island into something that it was not, instead the simplicity of the lifestyle it presented.

“I feel like one of the locals here,” he said.

“Forget the jet set, the parties, the cool people and the nights until the early hours. They don’t exist. And nobody wants them here.”

If he ever went to a little more starry sky, but Armani had many options to choose from.

In addition to his vast villa in Saint Tropez and his escape from Italian island, the designer also had an extra holiday home on the island of Antigua in the Caribbean.

The building is on a cliff overlooking the ocean in an exclusive residential community that is home to just 25 villas, each more spectacular than the next.

According to a 2020 profile in Forbes, Armani bought the house for a non -specific price in 2006 after he fell in love with Antigua, which he described as “one of the most picturesque islands in the Caribbean”.

His vast estate on the island consists of two villas, which he bought around the same time and which are known as Villa Flower and Villa Serena.

Both houses have made their own swimming pool, gym, spa and terrace, as well as a beautiful interior decor by the own brand of the model legend, Armani Casa.

He also had a holiday home that is known as Cala Gadir on the Italian island of Pantelleria. Photo: Wikimedia Commons

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Armani also had a floating estate in the form of a stunning super yacht named Main, which he is said to have spent about six weeks every summer. Image: Getty Images

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Armani Casa was also used for the design of the beloved Superjacht of the businessman, Main, which was built for him by the Italian company, Codecasa, and which is assumed to have played a whole series of Hollywood A-Listers over the years.

According to reports, Armani spent about six weeks every summer on sailing the Mediterranean Sea with its loved ones on board the 213-foot ship, which was launched in 2008.

In 2015, the draft icon was explained to Boot International That he had made the decision to have his own yacht set after he had spent time on other ships that simply did not match his own personal style.

“Sometimes they would belong to people I knew, sometimes they were just chartered. Input they were not my style – too white, too much enlightenment, too much marble, crystal and mahogany,” he said.

Armani noted that his love for life on the sea was also fed by his desire to preserve his privacy he saw very public places such as hotels or densely holiday hot spots.

“That is why I am not so enthusiastic about hotels. That and the decor – actually large boats are often like hoteluits at sea. So my own boat seemed the perfect solution,” he said.

“I enjoy a certain degree of isolation – that is what my home is all about Pantelleria. It is not only on islands that I like to isolate myself. I isolate myself in worlds that I create from what I love.

“I remove what I don’t like. You have to organize an atmosphere around yourself.”

In 2019, Armani bought a beautifully inspired penthouse at Central Park West in Manhattan. Photo: broker

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The house, with incredible stained glass windows, was bought by the designer for $ US17.5 million. Photo: broker

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Yet Armani could not completely escape city life, a fact that he made clear in 2019 when he won a stunning penthouse apartment in New York City for the breathtaking price of $ US17.5 million ($ A26.8 million).

The unit with four bedrooms, which is located at the top of a building on Central Park West, contained a very distinctive aesthetics inspired by the church, complete with beautiful stained glass windows that filled each room with a rainbow of light.

Spread over 3000 square feet of space, the building came complete with a huge terrace that offered a beautiful view of Central Park.

The purchase of the house, however, gave Armani a reasonable part of privacy and, however, gave him control over a whole floor of the apartment building, where he already had a different unit next to his new penthouse.

Five years after buying the unit, the designer strengthened his dedication to the Big Apple when he presented a new fashion show in Manhattan to celebrate the opening of his new building in the city.

At the time, Armani spoke about his love for New York and described it as one of his greatest sources of style inspiration.

“For me, New York is always linked to the many films that my imagination has deeply formed,” he said, per Reuters.

“Thinking of the city in the 1930s and 1940s never keeps inspiring me and I call on that mood in the new collection.”

Parts of this story first appeared in Royal And was re -published with permission.

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