Who Owns Armani After Giorgio Armani? Foundation Control and the 15% Stake Sale

Last reviewed: August 25, 2026 Armani is not simply “owned by the Armani family” after Giorgio Armani’s death. The succession structure separates legal ownership, usufruct rights, voting power and day-to-day management. Under Giorgio Armani’s will, the Giorgio Armani Foundation sits at the center of the ownership structure. The will gives it full ownership of 9.9%…