Alessandra Gucci: Story, Bio, Age, Parents, Net Worth

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Alessandra Gucci

You all must be curious to know, what happened to both the Gucci daughters- Alessandra and Allegra Gucci after their father Maurizio Gucci, was shot dead by gunmen hired by his ex-wife- Patrizia Reggiani. If you are aware, Gucci was a family business earlier but the family wasn’t able to keep up the brand and now none of the family members owns it. The film has also been made (HOUSE OF GUCCI) starring Adam Driver and Lady Gaga as Maurizio and Patrizia, is inspired from the 2001 book The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed, which looked into Maurizio’s death and why Patrizia could have intended to kill him.

Alessandra Gucci and Allegra’s father | Maurizio Gucci Loss | The end of Family Involvement

Maurizio, Alessandra and Allegra’s father, was born in Florence on September 26, 1948. Guccio Gucci, the founder of the Italian fashion business Gucci, was his grandfather. Maurizio initiated a legal battle against his uncle, Aldo Gucci, for control of the company in 1983, after he became the biggest owner following his father’s death. Aldo accused Maurizio of faking his father’s signature in order to avoid paying inheritance taxes, a charge for which he was initially found guilty but then acquitted. In 1988, after being acquitted, Maurizio sold 47.8 per cent of Gucci to Investcorp, a Bahrain-based investment company that also owned Tiffany & Co. Maurizio was appointed chairman of Gucci in 1989, but he sold his remaining shares to Investcorp for $170 million in 1993 after the company’s finances had deteriorated under his leadership. The sale marked the end of the Gucci family’s involvement with the company.

What happened to Maurizio and Patrizia relationship? ALESSANDRA GUCCI

In 1972, Maurizio and Patrizia married and had two kids. Alessandra, their first daughter, was born in 1977, and Allegra, their second daughter, was born in 1981. Maurizio and Patrizia divorced in 1985 after he informed her he was going on a business trip to Florence and then dispatched a friend to inform her the next day that he would not be returning and that their marriage was over. Maurizio began dating Paola Franchi, a childhood friend who witnessed his wedding to Patrizia, in 1990.

What happened to Maurizio and Patrizia Divorce: ALESSANDRA GUCCI

In 1994, Maurizio and Patrizia completed their divorce. Maurizio agreed to pay Patrizia $1.47 million in alimony per year as part of their settlement. Patrizia was likewise forbidden by law from using the surname Gucci. So, where are Alessandra and Allegra Gucci these days? Continue reading to find out what happened to Alessandra and Allegra Gucci’s parents and how much their father’s inheritance is worth.

What happened to Alessandra and Allegra Gucci’s parents?

What happened to the parents of Alessandra and Allegra Gucci? On March 27, 1995, around 8:30 a.m., Maurizio was shot and assassinated by a hired hitman as he climbed up the steps to his private office building at Via Palestro 20 in Milan. His murder occurred a year after he and Patrizia formalised their divorce. Patrizia was arrested and accused of hiring the hitman who murdered Maurizio two years after his death. In January 1997, police received an anonymous tip that led to Patrizia’s arrest.

Patrizia Gucci- “Black Widow”

According to prosecutors, Patrizia—dubbed the “Black Widow” in the media—had a motive to murder her husband because of her alleged jealously and hatred toward him at the time. Prosecutors claimed that Patrizia wanted control of the Gucci estate and to stop Maurizio from marrying his partner, Paola Franchi, because the marriage would have cut Patrizi’s alimony in half, to $860,000 per year. Benedetto Ceraulo, a pizzeria owner in debt who had been hired by Patrizia through her psychic and close friend Giuseppina “Pina” Auriemma, was the hitman who killed Maurizio.

What Happened next? How did the police find that Patrizia was the murderer?

The three were identified as the perpetrators after an undercover police officer taped a call with all of them in which he played as a hitman threatening Patrizia to pay the remainder of the money she owed the gang for Maurizio’s death. Witnesses also testified that Patrizia had inquired about hiring a hitman with them and others in Milan. Another piece of evidence was a note in Patrizia’s Cartier journal on the day Maurizio died: “Paradeisos,” which is Greek for “paradise.” “I think Patrizia was most disturbed by the fact that she couldn’t call herself a Gucci anymore,” Paola told the Associated Press in court.

Alessandra Gucci
Famous Alessandra Gucci

Patrizia’s defenders denied during her trial that she ordered Maurizio’s assassination and was instead accused and blackmailed by Pina. Patrizia later contradicted herself in court, saying that the murder was “worth every lira.” “Patrizia Reggiani Martinelli was a golden cow in Pina’s eyes, to be milked for money,” Patrizia’s lawyers stated. Patrizia, Pina, and Benedetto were found guilty of premeditated murder after a five-month trial. Patrizia received a 29-year prison sentence.


What happened after Patrizia Reggiani was sent to prison?


After being sentenced to the San Vittore Prison in Milan, Patrizia requested that her conviction be reversed because a brain tumour she had surgery for in 1992 had handicapped her and rendered her incapable of organising a murder. In 2000, a Milan appeals court affirmed her conviction but lowered her sentence to 26 years. The following year, Patrizia attempted suicide by hanging herself with a bedsheet but was apprehended by jail authorities and sent to the hospital. Patrizia became eligible for parole under a work-release programme in 2011, but she refused to leave prison. “I’ve never worked in my life, and I’m not going to start now,” she informed her attorney at the time. She later took a parole job in 2014 and was freed from jail after serving 16 years. In October 2016, she completed her parole on the basis of good behaviour and became a free woman after 18 years of parole and jail term.


What is Alessandra and Allegra Gucci’s relationship with Patrizia Reggiani?


According to a 2016 interview with The Guardian, Patrizia spent her parole at Bozart, a costume jewellery manufacturer in Milan, as a “design consultant.” Patrizia, who quipped that her clothing was from Zara since she couldn’t afford Gucci anymore, was living in a townhouse in Milan with her 89-year-old mother at the time. Patrizia revealed at the time that she hadn’t spoken to Alessandra or Allegra much since being freed from prison after being accused of the murder of their father. “We’re going through a hard patch right now,” she admitted. “They don’t get me and have stopped my financial support.” I don’t have anything, and I haven’t even met my two grandchildren.”


However, Alessandra and Allegra did not entirely stop their relationship with Patrizia. According to Harper’s Bazaar, Patrizia recently visited her daughter in New York and London. She also had a boyfriend in Switzerland at the time. While Patrizia was in jail, Alessandra and Allegra remained close to her. According to Vogue, the girls were involved in the push for a retrial in their mother’s case. They claimed that after having surgery to remove a brain tumour in 1992, Patrizia was “not in charge of her mental faculties at the time of the murder.” Allegra also studied law, according to Vogue, in order to support her mother’s case.

Where are Alessandra and Allegra Gucci now?

What happened to Alessandra and Allegra Gucci? When their mother was jailed for their father’s murder in 1997, Alessandra and Allegra were 20 and 16 years old, respectively. According to The Guardian, Alessandra and Allegra both married while Patrizia was in prison and had sons with their husbands. Aside from that, both Alessandra and Allegra have led secret lives since their parents’ deaths, thus little is known about them.

What are the net worths of Alessandra and Allegra?

What are the net worths of Alessandra and Allegra Gucci? Meaww estimates that Alessandra and Allegra Gucci are worth $400 million following the death of their father, who was worth roughly the same amount when he died. After their mother was convicted of his murder in 1997, the daughters were handed custody of their father’s fortune. Allegra and Alessandra inherited their father’s ships, “Creole” and “Avel,” as well as properties in New York, Saint Moritz, and Milan. Allegra spoke with Classic Boat magazine in 2013 about how she and her sister kept her father’s legacy alive through his boats. “My father would be overjoyed to see the boats now and how his idea of them is being carried on,” she said. Alessandra also established her own brand of luxury handbags, AG Limited Editions, in 2008. Three of the bags were named after her, her father, her mother and her grandfather.

Allegra and Alessandra were accused of tax evasion

According to Forbes, Alessandra and Allegra refused to pay their mother’s divorce settlement in 2017. The case was heard by Italy’s Supreme Court, and Patrizia was victorious. The judge determined that Patrizia will continue to receive her $1.47 million annual alimony because, prior to his death, Maurizio signed documents in which he pledged to pay her the money for the remainder of her life. Allegra and Alessandra were accused of tax cheating in 2013, according to Women’s Wear Daily, after failing to pay 4.5 million euros (or $5 million) in taxes from 2004 to 2010. In 2014, they were acquitted of tax evasion allegations due to a lack of evidence. The prosecutor in the case, Gaetano Ruta, told WWD at the time that he believes Alessandra and Allegra committed tax evasion, but that not enough proof of guilt was offered during the preliminary hearing.

The book: House Of Gucci

Read the book that inspired the film, The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed, for additional information. Author Sara Gay Forden narrates the spectacular true account of how Maurizio Gucci was killed on the morning of March 27, 1995, in Milan, and the events that led to the arrest of his ex-wife, Patrizia Reggiani, a.k.a. the “Black Widow” in the book, which was first published in 2001. Does the book delve at why Patrizia might have had a reason to murder her ex-husband—was it because of his mistress? Was his spending uncontrollable? —whether she was truly the cause of his death. (Plus, who else could it have been?) The House of Gucci is a “page-turning narrative of high fashion, great finance, and heartbreaking personal tragedy.”

Also Read: Dream Fashion | Lucinda Southworth | Urbanic Fashion | Gucci on Instagram

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