Paolo Bulgari Net Worth is$1.4 Billion
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Paolo Bulgari Net Worth: Paolo Bulgari is an Italian businessman who has a net worth of $1.4 billion. He is best known for being the great-great-grandson of Greek silversmith Konstantinos Voulgaris, the man who set up the high-end Italian jewelry and luxury goods company, Bvulgaru, more than 150 years ago. Paolo along with his brother Nicola, both shareholders in the jewelry company whose bold and hand-crafted gems are worn on red carpets, sold the company to French luxury conglomerate LVMH in an all-share deal in 2011. One year later, with the rise of LVMH's stock, the Bulgaris sold a small chunk of their stake, reportedly to settle some expenses like taxes. Today, the siblings hold just over 2.4% of LVMH between them, which was enough to land each of them a spot on the billionaire list in 2013.
Bulgari (Italian pronunciation: [??bul??ari]) is an Italian jewelry and luxury goods company. The trademark is usually written BVLGARI in the classical Latin alphabet (where V = English U), and is derived from the surname of the company's Greek founder, Sotirios Voulgaris (Greek: ???????(R)???????? ???????>>??????????, Greek pronunciation: [so??tirjos ??vul??aris], Italian: Sotirio Bulgari, 1857???1932). The name Voulgaris itself contains the root word ???????>>?????? Greek for "Bulgarian". Furthermore in the company's native Italy the word Bulgari means "Bulgarians" or people of Bulgarian descent. Although the company made a name for itself with jewelry, today it is a diversified luxury brand that produces and markets several product lines including watches, fragrances, accessories, and hotels.

Sotirios Voulgaris began his career as a jeweller in his home village Paramythia (Epirus, Greece, ex-Ottoman Empire), where his first store can still be seen. In 1877, he left for Corfu and then Naples. In 1881 he finally moved to Rome, where in 1884 he founded his company and opened his second shop in via Sistina. The store in Via Sistina was then replaced by the current flagship store in via dei Condotti opened in 1905 by Bulgari with the help of his two sons, Costantino (1889???1973) and Giorgio (1890???1966).[citation needed]
During the Second World War, Costantino Bulgari and his wife Laura hid three Jewish women in their own Roman home. They were strangers to them; the Bulgaris opened their doors out of outrage for the raid of the Roman ghetto in October 1943. For their generous action, on 31 December 2003, they were awarded the title of Righteous among the Nations at Yad Vashem in Jerusalem.
After Giorgio's death in 1966, his son Gianni led the company as co-chief executive with his cousin Marina. As chairman and CEO of Bulgari in the early 1970s, Gianni initiated the internationalization of the company by opening shops in New York, Geneva, Monte-Carl

Paolo Bulgari Latest News

Billionaire Bulgari Heir Wants to Protect Rome's Spanish Steps

But that left behind a coating of filth that slowly darkened the once shiny marble. Paolo Bulgari, the chairman of the luxury jewelry house and nephew of its founder, wants to make sure that doesn't happen again. "Restorers have done a great and difficult job.
Posted: September 21, 2016, 1:25 am

Karl Lagerfeld Launches His Own Line of Hotels, Restaurants, and Nightclubs

“Expanding our brand into the hospitality sector reflects our greater vision to broaden Karl Lagerfeld’s comprehensive lifestyle experience,” Pier Paolo Righi ... including Giorgio Armani, Bulgari, Versace, and Baccarat. So, soon you can wear ...
Posted: October 17, 2016, 1:33 pm

Rome's Iconic Spanish Steps Reopen

22 after a $1.7 million renovation and a questionable statement from one of the landmark’s funders. In early September, Paolo Bulgari, chairman of his family’s luxury jewelry brand told La Repubblica he was worried “the steps will go back to being ...
Posted: October 17, 2016, 12:00 pm
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