Nicola Bulgari’s profile picture

Nicola Bulgari

Nicola Bulgari’s profile picture
Net worth 2018: $1.71 Billion
Residence: Rome, Italy
Country: Italy
BirthDay: 1941
Children: 4
Education: Diploma, High School
BIOGRAPHY

Nicola Bulgari was bornon 1941 in Rome, Italy, Italy. Nicola Bulgari is #1388 in List Billionaires People In The World. Nicola Bulgari, a great grandson of the founder of luxury jeweler Bulgari, became vice chairman of the company in 1984, the same year his brother Paolo became chairman. Their nephew Francesco Trapani was the longtime CEO. In 2011, with Bulgari established as a global luxury brand behind not only jewelry but also watches, fragrances, apparel, hotels and resorts, the family sold its controlling stake to French billionaire Bernard Arnault's luxury goods giant LVMH for $5.2 billion in cash and stock. Bulgari is also well known for his impressive car collection, housed in Rome and Allentown, Pennsylvania, which includes mostly American cars from 1920s to the 1940s. Bulgari built a 21-acre complex in Allentown with seven warehouses and four restoration shops, home to roughly 125 cars.

NET WORTH STATISTIC
2013

$1.3 Billion

2014

$1.4 Billion

2015

$1.3 Billion

2016

$1.2 Billion

2017

$1.3 Billion

2018

$1.71 Billion

TIMELINE
Nicola Bulgari (born 1941) is an Italian billionaire businessman, a great-grandson of Sotirios Bulgari, the founder of the luxury brand Bulgari.Nicola Bulgari was born in Rome in 1941, the third son of Giorgio Bulgari (1890–1966). His brother Gianni was born in 1935 and Paolo in 1937.He has been vice-chairman of Bulgari since 1984.In 2013, after allegations of tax evasion, the Guardia di Finanza (tax police), raided the Bulgari office in Rome's Via Condotti, as part of a Euro 46 million seizure of assets. In May 2015, Paolo and Nicola Bulgari and 11 others were ordered by an Italian judge to stand trial on charges of tax evasion. Both deny the charges.In January 2017, Forbes estimated the net worth of Nicola Bulgari at US$1.31 billion.He received the America Award of the Italy-USA Foundation in 2015.He has six children and lives in Rome.His first wife was Anna, and they were married prior to 1981, until at least 1994.His second wife Beatrice Bulgari (nee Bordone) is a costume designer, responsible for the costumes for the film Cinema Paradiso.He collects vintage cars, especially American marques, in both Allentown, Pennsylvania, and Rome. His 21-acre facility in Allentown houses 125 cars in seven warehouses. He has 85 or more cars in Rome, including the faster models, and flies them to Allentown when they need repairs. His favourite marque is Buick and he has many from 1940 and 1941, coincidentally the year he was born.
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