23 Facts About Aldo Gucci


Aldo Gucci was an Italian personality and the chairman of Gucci from 1953 to 1986.


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


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.


Aldo Gucci had a half-brother, Ugo, from his mother's previous relationship.


Aldo Gucci had a degree in economics from San Marco College in Florence.


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


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


Aldo Gucci 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 Aldo Gucci, developing the company into a vertically integrated business with its own tanneries, manufacturing and retail premises.


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


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.


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


Aldo Gucci was age 81 at the time of the sentencing.


Aldo Gucci served his time at the Federal Prison Camp, Eglin.


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


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


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


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


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


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


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


Aldo Gucci was buried in the family mausoleum in Florence.


Francesco di Benedetto Aldo Gucci obtained Florentine citizenship in 1601, for the Golden Lion banner; Giovanni Battista by Giovan Piero Aldo Gucci obtained it in 1634, in the Scala banner.