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

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Paolo Bulgari Latest News

Bulgari Builds on Brand in Many Ways

In the United States, Bulgari is increasingly pursuing the $50,000-a-piece-and-up market, where the markups are fattest. Final design approvals come from Mr. Trapani or his uncle, Paolo Bulgari, the company chairman, or another uncle, Nicola Bulgari ...
Posted: August 4, 2003, 6:00 pm

A date with Bulgari

Growth and acquisition In 2011, the world’s leading luxury group, LVMH announced that it was acquiring Bulgari at $6.01 billion, making it its priciest acquisition. (From left) Jean Christophe Babin, Paolo Bulgari, Adrien Brody and Nicola Bulgari But ...
Posted: April 17, 2014, 11:05 pm

Bulgari brothers to face trial on tax evasion charges

ROME (Reuters) - Two heirs to Italian luxury jeweller Bulgari denied wrongdoing on Tuesday after an Italian court ordered them to stand trial along with 11 others on suspicion of tax evasion. Brothers Nicola and Paolo Bulgari will be called to respond to ...
Posted: May 26, 2015, 8:54 am
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