Who was Paolo Gucci?
Paolo is the grandson of Guccio Gucci — the man who founded Gucci in 1906 — and one of the members of the Gucci family who worked at the family business. At one point, Paolo was in charge of running Gucci’s American operation, but that didn’t last long.
Paolo was not as involved at the company as his father, Aldo Gucci, uncle, Rodolfo Gucci, and cousin, Maurizio Gucci, but he did work as Gucci’s chief designer in the early ’60s. He even claimed he had designed 80% of the items in the Gucci catalog, according to his 1995 obituary in The New York Times.
Where did things go wrong?
Paolo Gucci was fired from the family business twice. The first time was by his uncle, Rodolfo, and the second was by his father, Aldo. The American venture did not go well. A year in, Rodolfo fired him from the Gucci parent company, alleging that he did not carry out his duties while in charge of the factory in Florence, and had generally failed at his job.
After this firing, Paolo decided to launch a fashion brand under his own name, and also filed a lawsuit against Gucci to seek compensation from the company. In response, per the Associated Press, Aldo fired Paolo from his position at Gucci’s American branch.
From this point forward, Paolo and the family were in near-constant conflict. After a 1982 board meeting went awry, Paolo even filed assault charges against his brothers, Roberto and Giorgio, and his cousin Maurizio.
What was the deal with Paolo’s fashion line?
After being ousted from Gucci, Paolo attempted to sue his family for the right to use his own name to found his own fashion line. He spent millions suing his family’s business for breach of contract, according to WWD.
He had big plans for the brand, and dreamt of designing “lamps, sunglasses, furniture, sleepwear, bedding accessories and fabrics, wall coverings, ladies’ underwear, lingerie, plates and flatware,” according to The Fashion Law. Unfortunately, he was never able to launch the “Paolo Gucci” label. In 1993, he declared bankruptcy, claiming he had debts of around $90 million.
What happened with his many lawsuits?
Outside of the $8 million he spent fighting for right to use his own name for his new brand, Paolo filed suits for infliction of emotional distress, assault, and battery (the latter was in regard to the volatile board meeting mentioned above).
Seeking retribution, Paolo filed a $13 million lawsuit against his uncle, his cousin, and his father. As if that wasn’t enough, Paolo also volunteered to help American officials with their tax-evasion case against his father. He willingly turned in sensitive information that implicated Aldo, and eventually led to his father’s arrest in 1986.
It should also come as no surprise that Paolo’s ex-wife, Jenny Garwood, sued him for allegedly not paying child support. She claimed he owed $505,600. He spent five weeks in jail in New York for failing to pay back alimony and child support.
How did he die?
Paolo Gucci died from heart and kidney failure at the age of 64. He passed away in 1995 — just a few months after the murder of his cousin, Maurizio Gucci.