Giorgio Armani dies as the richest LGBTQ+ person in the WORLD, and his net worth is HUGE

Giorgio Armani, the LGBTQ+ Italian fashion legend behind one of the most recognisable luxury labels on earth, has died at the age of 91 with a huge net worth.

His death marks the end of a fashion era defined by sharp tailoring, minimalist glamour, and an empire that made him not just a household name but the richest queer person alive.

Here’s a look into his impressive fortune and whopping net worth.

Armani was one of the most prominent openly gay figures in global fashion. Though famously private about his personal life, he spoke candidly in interviews about his attraction to both men and women, and became a rare example of an LGBTQ+ billionaire whose queerness was as much a part of his legacy as his empire.

At the time of his passing, Forbes reports that Armani’s fortune was estimated at around $12.1 billion (£9bn), putting him consistently on lists of the wealthiest people in the world. To put it into perspective, he was worth more than Elton John, Tim Cook, and every other LGBTQ+ billionaire combined.

His financial success was a statement about queer influence in industries once dominated by straight men.

Throughout his career, Armani designed iconic red carpet gowns for Nicole Kidman, Cate Blanchett, and Julia Roberts, and effortlessly tailored George Clooney into the world’s suavest man. For decades, he held 99.9 per cent of his company, keeping it independent and under his control, which is why everyone is now asking the billion-dollar question: who gets the empire?

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Armani never married and had no children. He had relationships with both men and women, and was famously private about his personal life. But recent interviews and business documents suggest a shortlist of possible heirs: his sister Rosanna, his nieces and nephew, his long-time partner and trusted collaborator Leo Dell’Orco, and the Giorgio Armani Foundation in Milan. Any of them could inherit a slice of the pie, or, perhaps, the whole empire.

The uncertainty only adds to the drama of his legacy.

Armani wasn’t just one of the greatest designers in history, he was proof that queer brilliance could conquer the world, and now, his multi-billion-dollar empire is up for grabs.

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Featured image credit: Fabrizio Carabelli/SOPA Images/Shutterstock