Core Insights - Giorgio Armani, the legendary Italian designer, passed away at the age of 91, leaving behind a net worth of $12.1 billion, and is recognized for revolutionizing women's suits and modern fashion [1] - The future leadership of the Armani Group is a significant concern following his death, with discussions around succession planning and the potential for the brand's independence to be maintained [1][15] Group 1: Background and Career - Giorgio Armani was born on July 11, 1934, in a small town in northern Italy, and initially pursued a medical career before shifting to fashion [2][3] - He began his fashion career in the late 1960s, opening a design studio in Milan in 1973 and founding the Armani Group in 1975, quickly gaining international recognition [5][4] - The brand expanded significantly in the 1980s, introducing various lines and entering global markets, including the U.S., Japan, and China [5] Group 2: Business Operations and Strategy - Armani Group has maintained its independence, unlike other luxury brands, and is projected to generate approximately €2.3 billion in revenue in 2024 [14] - The company has a strong cash position, with €570 million in net cash, and derives about half of its revenue from Europe, with the U.S. and Asia-Pacific each contributing around 20% [14] - Armani has actively diversified into various sectors, including accessories, cosmetics, hospitality, and real estate, and has established a significant presence in the luxury hotel market [9][11] Group 3: Succession Planning - Armani had no children and was known for his low-profile personal life, but he had been planning for succession for over a decade, establishing the Giorgio Armani Foundation to manage his legacy [15][16] - The foundation aims to distribute shares among family members and partners, ensuring the brand's values are upheld and exploring the possibility of going public five years after his death [15] - Key potential successors include family members and long-term collaborators, with specific roles already defined within the company [17][19] Group 4: Future Challenges - The future leadership structure will need to fill the roles of chairman and CEO, with long-term executives likely to take on these responsibilities [16] - The brand's unique business model, which spans fashion, hospitality, and lifestyle, will face challenges in maintaining its identity without its founder [20]

又到周末了，随便聊点轻松的吧。 今天看到黄仁勋利用政策成功避税80亿美元，我好奇他是怎么做到的，就去搜了一下信息。原来是在多 年前把英伟达的股票投入一些特设的信托，这些信托在设计的时候就享受税收优惠政策，假如信托里的 股票价格上涨，那么上涨的部分只需要交很少的税。 众所周知英伟达是最近几年地球上最能涨的股票，老黄当时的这一步棋走对了，因此光明正大的避税几 十亿美元。美国是一个征税特别严格的国家，但那里的富人依然会用各种奇招妙法合法避税。 前几天有个事情我没写，是巴菲特规划了他去世后的遗产方案，其中0.5%直接给三个子女，每人能分 到2.5亿美元。剩下的99.5%将会用来成立慈善基金，并指定三个子女共同管理。 政府当然很清楚这个情况，但从综合博弈的角度考虑没有进行干涉。因为你遗产税逼的太狠会把富人吓 跑，最后导致资本外流得不偿失，还不如像现在这样，每个富豪去世都留下一个子女管理的慈善基金， 每年5%反哺社会细水长流，无论是有钱人还是公众都可以接受这个方案。 …… 很多读者一听慈善基金就知道是美国富豪的老套路，确实是这样，美国遗产税税率40%，巴菲特不可能 直接让子女继承遗产，否则这对伯克希尔公司和美国股市都是一 ...