Patricia Gucci's house is located on 23-acres in Palm Desert, California. Save my name, email, and website in this browser for the next time I comment. Chieftain of South Carolina, (Mr. L L. H). The comments below have not been moderated. After the company was sold to Investcorp in the late 80s, she moved to Switzerland, and has since raised a family of her own. Then when he returned to his birthplace Florence which was known for its skilled workers and materials, he established a shop in 1920 which used to sell excellent leather goods with classic styling. The sales were 33% in 2017. Now Patricia, who is the grand-daughter of the House of Gucci founder Guccio Gucci and daughter of his son Aldo Gucci who took the designer brand worldwide, has listed the property for sale at an eye-watering $9 million. Thank you Sincerely, for your time & Consideration. Patrizia Gucci, in 2014, received an award for success, passion and professionality from Revival of Polish Entrepreneurship in Lodz (Poland) personaly deliver from Nobel Peace Prize Lech Walesa. Mr. Lonnie Legree Haynes, African American, Veteran, Minister,, Major Investor, (former), Chairman & Chief Executive Officer, of Smith Barney & Company. His pioneering spirit led to a string of stores across the US and beyond, establishing Gucci and the Made in Italy brand like no other before him. Gucci is one of the top fashion brands worldwide, and we cannot deny that it is a brand that is made of pure hard work. Gucci stores were known for their iconic ornament loafer as well as silks and knitwear. Patricia Gucci was born in London on the 1st of March, 1963 and is the only child of Aldo Gucci and Bruna Palombo. As of November 2020, Gucci has an estimated net worth of more than $15 billion. She completely redeveloped the house adding a further 9 bedrooms and several thousand square feet as well as acquiring the surrounding land, adding significant value to the original lot. Forbes billionaires list: 67. Mr. Lonnie Legree Haynes, African American, Veteran, Minister, Major Investor, (future) Chairman & Advisor, of Smith Barney Trust Services. Pennsylvania says it may have its election result TODAY that could put us out of our misery and end this ridiculous wait for America's next President, Nevada gonna give you up! There are ten bedrooms, ten bathrooms, and a large media room for private movie viewing in Patricia Gucci's house. It also holds the Guinness Book of World Record for its apparel, which has been named Genius Jeans, and it was priced at $3,134. Aldo Gucci was born in 1905 to Aida and Guccio Gucci the companys founder. Submit a correction suggestion and help us fix it! Situated 15 minutes from Palm Desert, Gucci's 23-acre property is an 11,000 sq ft home with 10 bedrooms and 10 bathrooms. Hes also the owner of auction house Christies, and husband of actress Salma Hayek. Patricia's father was the visionary responsible for developing Gucci beyond its Florentine roots and turning the company into a global luxury brand, opening its first store in Rome and then launching in New York in the 1950s. While her life seems fairly mundane on paper, she is still the heir to one of the most successful fashion fortunes in the world. Guccio Gucci was an immigrant hotel worker in Paris and later in London, and he was impressed with the luxurious luggage that he used to saw in the hotel. Then the company started proliferating, and it prospered through the 1970s, but in the 1980s, there were a lot of internal family disputes, and it bought Gucci to the brink of disaster. That's the Nationality: French. Patricia Gucci, the grandchild of the man behind the Gucci fashion empire, Guccio Gucci, initially shunned the world of fashion. The compound includes an 11,000 square foot main house, along with a separate guest house, a swimming pool, a spa, a kennel, and a tennis court. In 2018, Gucci teamed up with already registered media stars with millions of followers and produced some crazy stuff, which was the eye-catching thing of the fashion that year. Patricia Gucci, who was born and raised in London and later worked in Switzerland, bought the desert retreat in Mountain Centre, CA, back in 1993 for $950,000. The iconic Gucci logo was then introduced by Guccio Guccis sons Adolfo and Rodolfo, who took over after their fathers death. Aldo Gucci was born in 1905 to Aida and Guccio Gucci the companys founder. He had a complicated relationship with the company director Maurizio Gucci, but due to his influence, he became creative director in 1994. The brand has established a name that cannot be erased in history, and it looks the brand will continue to reign. Genesis 32:28. It ranked third on the list of most valuable luxurious brands worldwide in 2018. Before leaving for work, he used to visit the manufacturer, H.J. Together with his three sons Aldo, Vasco, and Rodolfo, he expanded the company to stores in Milan and Rome and established some more shops in Florence. Published: 08:52 EST, 11 December 2012 | Updated: 03:48 EST, 13 December 2012. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. The price is actually quite reasonable for the amount of space on offer, but the fact that the compound appears to be in the middle of nowhere, may deter even the most staunch fashionistas from buying it. Patricia's father was the visionary responsible for developing Gucci beyond its Florentine roots and turning the company into a global luxury brand, opening its first store in Rome and then launching in New York in the 1950s. She lives in Switzerland. He maintained traditional aspects of production. Aldo Gucci net worth: Aldo Gucci was an Italian American businessman who had a net worth of $50 million at the time of his death in 1990. The sales were 33% in 2017. The home also features very high ceilings, floor-to-ceiling windows, multiple fireplaces, and large eat-in-kitchen. Gucci, who died Jan. 19 in Rome at age 84, left an estate worth millions of dollars. The revenue of the company has been increasing continuously, and it was estimated to be around $267 million euros in 2018, and it rose from $214.28 million euros in 2017. Gucci has been the top brand seller for many years, and Guccis sales soared 42% in 2018. Patricia bought the retreat in Mountain Centre, California, back in 1993 when it was a simple one-bedroom propwerty for $950,000. British Gucci heiress puts her California estate up for sale. Patricia Gucci, daughter of Chairman an Chief Executive of Gucci Dr Aldo Gucci, in Gucci showroom on London's Bond Street, 1989, British Gucci heiress Patricia Gucci bought the desert retreat in Mountain Centre, California, back in 1993 for $950,000, Ms Gucci has listed the 23-acre property for sale at a whopping $9 million, Situated 15 minutes from Palm Desert, Gucci's property has an 11,000 sq ft home with 10 bedrooms and 10 bathrooms. The organization has won many awards: The brand was able to occupy 46th position in the Business Week magazine, which showed us the Top 100 Brands Chart in 2007. (adsbygoogle=window.adsbygoogle||[]).push({}); You have entered an incorrect email address! In 1982 after a year of study her father's wish prevailed and she was appointed to the board of Gucci and roving Ambassador in the US and Asia until the sale to Investcorp in 1987. Guccio Gucci founded the Company in Tuscany in the year 1921. This proved to be a blessing in disguise as the iconic side cut-out dress from AW96 proved to be a massive success. Patricia is establishing a legacy of her own, developing biographical projects based on a collection of diverse experiences and a unique perspective. According to Bloombergs Billionaires Index and Forbes billionaires' list, the richest people in the world we know of are the people such as Jeff CFDA International Designer of the Year in 1996. For much of the 80s, she was on the Board of Gucci, and also served as an Ambassador for the line in both the US and Asia. We are no longer accepting comments on this article. She has three daughters Alexandra, Victoria and Isabella. Later in AW14, Frida Gianninis knee-high snakeskin boots and pastel blue and baby pink teddy bear coats dominated most of the fashion editorials. Described as a 'contemporary Moroccan' estate, the home also has a large pool and spa, guest house, tennis court and indoor media room. Recently, she put her massive compound in California on the market. Patricia Gucci's house is listed for $9,000,000. 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Gucci is reportedly selling the home because she no longer has the time to enjoy the space. Part of the Daily Mail, The Mail on Sunday & Metro Media Group, Biden pleads with America to 'be patient and calm' in wait for election results and says he has 'no doubt' that he has beaten Trump - who will address the nation TONIGHT, Finally? Background: Pinault, a high school dropout, is the majority shareholder of luxury goods conglomerate PPR. Acting work was not particularly forthcoming, and after a year of studying in the Big Apple, she agreed to return to the family business. Patrizia Gucci with the "Premio Artis Laudabilis" has been rewarded from Comitato del gruppo di ricerca europeo Authentica in 2009 in Hungary. Gucci is one of the most famous and prestigious brands of all time, and it has been one of the premium clothing brands for many years. Rodolfos son Maurizio Gucci then took over his company after his fathers death and then dismissed his uncle Aldo who was later imprisoned due to his tax evasion. Gucci was founded in 1921 when Guccio Gucci opened a leather goods company and small luggage store in his native Florence. Net worth:$11.5 billion. Gucci is one of the notable Italian luxury brands of fashion and leather goods. Patricia Gucci's house is located on 23-acres in Palm Desert, California. Jason Statham's Home: Spanish Style Compound, WhatsApp Co-Founder Jan Koum Built An $80 Million Compound In Atherton, CA, Blockbuster Director James Cameron Just Listed His Blockbuster Multi-Home Malibu Compound For $25 Million, Ryan Murphy Sells Laguna Beach Compound For $10.65 Million, Wilmer Valderrama's House: The Actor Is Ready to Dump His Frat Boy Compound, The Godfather Headless Horse House Can Be Yours For $135 Million, 10 Celebrities Who Own At Least $100 Million Worth Of Real Estate. The classic Gucci loafer made its first appearance in 1953, and the brand was known then predominantly for its leather goods. The indulgence of Ford was controversial, and many boards of directors didnt like it, but it proved to be success and masterstroke. This means that she owns multiple properties. Holdings include Gucci, Yves Saint Laurent and Puma. The companys leather goods are the most demanded fashion item from the company, and the Leather goods represent 57% of their total revenue. For its leather goods iconic Gucci logo was then introduced by Guccio sons The space in 1990, Gucci 's house is located on 23-acres in Palm Desert California. By Guccio Guccis sons Adolfo and Rodolfo, who took over after their death It was a simple one-bedroom propwerty for $ 950,000 Salma Hayek H ) first appearance 1953. 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