Age, Biography and Wiki

Aldo Gucci was born on 26 May, 1905 in Florence, Tuscany, Kingdom of Italy, is an Italian businessman and fashion designer (1905–1990). Discover Aldo Gucci's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 85 years old?

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Occupation Businessman · fashion designer
Age 85 years old
Zodiac Sign Gemini
Born 26 May 1905
Birthday 26 May
Birthplace Florence, Tuscany, Kingdom of Italy
Date of death 1990
Died Place Rome, Lazio, Italy
Nationality Italy

We recommend you to check the complete list of Famous People born on 26 May. He is a member of famous Chairman with the age 85 years old group.

Aldo Gucci Height, Weight & Measurements

At 85 years old, Aldo Gucci height not available right now. We will update Aldo Gucci's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children 4, including Paolo and Patricia

Aldo Gucci Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Aldo Gucci worth at the age of 85 years old? Aldo Gucci’s income source is mostly from being a successful Chairman. He is from Italy. We have estimated Aldo Gucci's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Chairman

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Timeline

1905

Aldo Gucci (26 May 1905 – 19 January 1990) was an Italian personality and the chairman of Gucci from 1953 to 1986.

Aldo Gucci was born on 26 May 1905 in Florence, into a Tuscan family dating back to the thirteenth century in the nearby town of San Miniato.

He had three brothers – Vasco, Rodolfo, and Enzo (who died aged nine) – and a sister, Grimalda.

He also had a half-brother, Ugo, from his mother's previous relationship.

After Enzo had died at nine, Aldo was the eldest of children born to Aida Calvelli and Guccio Gucci.

In his formative years, he developed an interest in equestrianism and botany, which would later find its outlet in product design and a passion for gardening.

At age sixteen he began part-time work in his father's first shop in via della Vigna Nuova in Florence.

He had a degree in economics from San Marco College in Florence.

From the age of 20, Aldo began work full-time at Gucci.

1921

He was the eldest biological son of Guccio Gucci, who founded the company bearing the family name in 1921.

1927

Aldo married Olwen Price on 22 August 1927, together they had three sons – Giorgio, Paolo and Roberto.

1938

He went on to open the first shop outside of Florence, in Rome in 1938.

1946

Guccio Gucci; his eldest living biological son, Aldo Gucci; Aldo Gucci's sons, Giorgio Gucci, Paolo Gucci, and Roberto Gucci; and grandson Uberto Gucci claimed the right to use an inherited, ancestral coat of arms after the Kingdom of Italy, which was ruled by the House of Savoy, transitioned to the Italian Republic in 1946.

The blazon recorded, as recorded in the Archives of Florence, is as follows: "Azure, three red poles bordered argent (white); a chief or, loaded to the right (dexter) of a wheel of azure, and to the left (sinister) of a rose of red."

1952

In 1952, Aldo travelled to New York City with his brothers Rodolfo and Vasco.

They opened the first store outside of Italy in New York City, only two weeks before their father's death.

President John F. Kennedy heralded Aldo as the first Italian Ambassador to fashion and he was awarded an honorary degree by the City University of New York in recognition of his philanthropic activity, described as the "Michelangelo of Merchandising".

He went on to open shops in Chicago, Palm Beach and Beverly Hills, before expanding to Tokyo, Hong Kong and in cities around the world through a global franchising network.

For over thirty years he was dedicated to the expansion of Gucci, developing the company into a vertically integrated business with its own tanneries, manufacturing and retail premises.

1954

Gucci became an overnight status symbol when the bamboo handbag was featured on Ingrid Bergman's arm in Roberto Rossellini's 1954 film Journey to Italy.

The GG insignia became an instant favourite of Hollywood celebrities and European royalty.

1963

He had an extra-marital affair with Bruna Palombo, together they had a daughter Patricia in 1963.

1974

After their brother Vasco Gucci died in 1974, Rodolfo and Aldo divided the business between themselves 50/50.

However, Aldo's sons felt that Rodolfo had not contributed enough to the growth of the business.

In an attempt to increase his profits, Aldo set up a perfume subsidiary and held 80 per cent of its ownership for himself and his three sons.

This rivalry eventually spiralled into family warfare.

1980

In 1980, Aldo's son Paolo Gucci attempted to launch his own business using the Gucci name, but Aldo disapproved and sued his son, threatening to cut off any Gucci supplier who signed on with Paolo.

1981

Aldo married Bruna in 1981 in America, despite never divorcing Olwen in Italy.

He had homes in New York City, Palm Beach, Rome, Florence, Beverly Hills, London, and Paris.

1984

Seeking revenge, Paolo got Aldo removed from the company in 1984 with the help of his cousin Maurizio Gucci, who had recently become the majority shareholder.

In addition, Paolo also tipped off the IRS about his father's tax evasion.

1986

In January 1986, Aldo Gucci was sentenced to one year and one day in prison for tax evasion, evading $7 million in New York.

He was age 81 at the time of the sentencing.

He served his time at the Federal Prison Camp, Eglin.

1989

In 1989, a year before his death, Aldo sold his Gucci shares to Investcorp.

That same year, Maurizio was made chairman of the Gucci group following a nearly six-year legal battle for control over Gucci.

1990

Aldo Gucci died in Rome at the age of 84 of prostate cancer, on 19 January 1990.

He was buried in the family mausoleum in Florence.

1993

Maurizio did not have a background in business, and the business was in a dire economic and creative strait by 1993.

That year Maurizio Gucci resigned and sold his remaining interest to Investcorp, ending the Gucci family's association with the company.