The fashion world mourns the loss of Giorgio Armani, who passed away at 91, leaving behind a $12 billion empire built on timeless elegance. Armani, a private individual, established a foundation in 2016 to ensure the brand's independence and governance. His family, including sister Rosanna and nieces Silvana and Roberta, along with longtime collaborator Leo Dell'Orco, will guide the company.The fashion world mourns the loss of Giorgio Armani, who passed away at 91, leaving behind a $12 billion empire built on timeless elegance. Armani, a private individual, established a foundation in 2016 to ensure the brand's independence and governance. His family, including sister Rosanna and nieces Silvana and Roberta, along with longtime collaborator Leo Dell'Orco, will guide the company.