1. Paolo Gucci was an Italian businessman and fashion designer.
14 Facts About Paolo Gucci
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Paolo Gucci was the one-time chief designer and vice-president of Gucci.
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Paolo Gucci is credited with helping design Gucci's famous double G logo.
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Paolo Gucci was born on 29 March 1931 in Florence, the son of Olwen Price and Aldo Gucci, who was the son of Gucci founder Guccio Gucci.
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Paolo Gucci was the chief designer of Gucci in the late 1960s.
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In 1980, Paolo secretly launched his own business using the Gucci name without telling his father, nor his uncle Rodolfo.
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In 1984, seeking revenge, Paolo got his father Aldo removed from the company with the help of his cousin Maurizio Gucci, who had recently become the majority shareholder.
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In 1987, Paolo sold all his shares in Gucci to Investcorp for $42.5 million.
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In 1952, Paolo Gucci married Yvonne Moschetto, with whom he had two daughters, Elisabetta and Patrizia.
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In 1990, Paolo Gucci separated from Puddefoot following an affair with Penny Armstrong, with whom he had two children, Alyssa and Gabriele, out of wedlock.
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In 1994, Paolo Gucci was incarcerated for five weeks due to unpaid alimony and child support to Puddefoot.
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Paolo Gucci ultimately appeared voluntarily in New York court, where he was taken into custody and held at the Bronx County House of Detention, where he was described as a well-behaved inmate.
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Paolo Gucci died in London on October 10,1995, at age 64, due to chronic hepatitis, amid ongoing New York divorce proceedings.
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Francesco di Benedetto Paolo Gucci obtained Florentine citizenship in 1601, for the Golden Lion banner; Giovanni Battista by Giovan Piero Paolo Gucci obtained it in 1634, in the Scala banner.