The Armani Experience

The Armani Experience - NYTimes.com: " . . . For one thing, Mr. Armani is vastly more wealthy, worth an estimated $8.5 billion, much of that acquired since the recession. He has 9 homes and a 213-foot yacht. In the late ’80s, . . . In those days, he entertained three or four nights during the collections, taking advantage of his Peter Marino-designed palazzo. The shows were held in the basement theater, which seated 200 and was crammed. “He did go to great pains to be social,” an executive said. But the biggest difference is that Mr. Armani is now 79. He survived a severe case of hepatitis two years ago. Why should he listen to anybody? On top of that, he is the sole owner of a nearly $3 billion business. “Maybe in our world we feel he’s a little passé, but he owns every store and factory,” said a former executive, adding with a chortle: “He’s a big industrialist. He doesn’t care! He probably had to be talked into meeting at home, but wasn’t going to sit down for lunch. . . .” (read more at link above)

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