Paolo Bulgari’s profile picture

Paolo Bulgari

Paolo Bulgari’s profile picture
Net worth 2018: $1.78 Billion
Residence: Rome, Italy
Country: Italy
BirthDay: 1937
BIOGRAPHY

Paolo Bulgari was bornon 1937 in Rome, Italy, Italy. Paolo Bulgari is #1327 in List Billionaires People In The World. Paolo Bulgari, a great grandson of the founder of luxury jeweler Bulgari, joined the company when he was 18. A law student at the time, he was asked by his father to design necklaces, rings, and bracelets. Paolo has designed jewelry for generations of Hollywood actresses, from Elizabeth Taylor to Nicole Kidman. He became chairman of Bulgari in 1984, while his brother Nicola took on the role of vice chairman and their nephew, Francesco Trapani, acted as chief executive. In 2011, with Bulgari firmly established as a global luxury brand behind not just 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 stock and cash. Paolo still sits on the LVMH advisory board.

NET WORTH STATISTIC
2013

$1.4 Billion

2014

$1.4 Billion

2015

$1.35 Billion

2016

$1.2 Billion

2017

$1.3 Billion

2018

$1.78 Billion

TIMELINE
Paolo Bulgari (born 1937) is an Italian businessman and jewellry designer, a great-grandson of Sotirios Bulgari, the founder of the luxury brand Bulgari.Paolo Bulgari was born in 1937, the second son of Giorgio Bulgari (1890-1966). His brother Gianni was born in 1935 and Nicola in 1941.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 May 2015, Forbes estimated the net worth of Paolo Bulgari at US$1.3 billion.Bulgari lives in Rome.
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