Patrizia Reggiani’s net worth and biography. Net Worth: $10 million

Patrizia Reggiani is a former socialite and convicted criminal in Italy. She was sentenced to 29 years in jail in 1998 and served 18 years before being released on good behavior in 2016.


Patrizia Reggiani illustrated biography

Patrizia Reggiani illustrated biography

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1. Introduction

Patrizia Reggiani, born December 2, 1948, is a former socialite and convicted criminal from Italy. In a high-profile trial, she was found guilty of using a hired killer to carry out the murder of her ex-husband, Maurizio Gucci. 

hitman killing gucci heir

The House of Gucci focuses on the Gucci family’s power struggle to control the Italian fashion brand. However, the true star of the biopic crime drama is Patrizia Reggiani, played by Lady Gaga.

If you have seen the drama, you are probably wondering what happened to Reggiani after she was sentenced to hiring a hitman to kill her ex-husband. Where is she now, what has she been doing, and how is her life going? Have a look at this article to learn more about her.

Patrizia Reggiani in a jail cell

2. Early Life and Career of Patrizia Reggiani


Patrizia Martinelli was born in the northern Italian town of Vignola, in the province of Modena. Patrizia’s mother, Silvana married wealthy entrepreneur Ferdinando Reggiani when she was 12 years old, and Ferdinando eventually adopted Patrizia.

Patrizia Reggiani's parents

initially, Gucci’s father, Rodolfo Gucci, initially opposed the marriage because Patrizia was “a social climber who had nothing in mind but money.” However, he did present his son and daughter-in-law a lavish penthouse in New York’s Olympic Tower.

penthouse in new york

Patrizia became involved in New York social circles, regularly attending parties and fashion events, and even acquainted with Jackie Kennedy Onassis.

fashion show with two models dressed in red and yellow

She gave birth to two daughters throughout her marriage. Allegra was brought into this world in 1981, while Alessandra was born in 1977.

Patrizia Reggiani with her two children

Patrizia and Maurizio returned to Milan in 1982. Gucci told her in 1985 that he was going on a short business trip to Florence. He sent a friend the next day to inform Patrizia that he would not be returning and that the marriage was finished.

maurizio gucci with his lover

Maurizio began dating Paola Franchi in 1990, which caused Patrizia hatred and envy. Gucci was officially divorced from her in 1994.

Gucci agreed to pay Patrizia $1.47 million in alimony per year as part of the divorce agreement. She was no longer permitted by law to use the Gucci surname, but she continued, adding, “I still feel like a Gucci – in fact, the most Gucci of them all.”

3. Rise to Fame and Major Achievements


Reggiani is a well-known fashion icon who is highly regarded for her work. She has appeared in various publications and is the subject of a feature film titled “The Lady Gucci.”

The film House of Gucci (2021) was formed on the marriage of Patrizia Reggiani and the death of her ex-husband Maurizio Gucci, played by Adam Driver. Ridley Scott directed the film, which stars Lady Gaga as Reggiani, a singer and actress.

The film was released in November 2019. Reggiani applauded Lady Gaga’s casting in the film in March 2021, stating she looked like her, but expressed disappointment that Gaga did not meet with her before taking the leading role.

ridley scott playing the role of maurizio gucci
lady gaga paying the role of Patrizia Reggiani

In interviews, Gaga kept that she had no intention of “colluding” with Reggiani, but her heart “goes out to her daughters… I do care deeply that this must be very painful for them.”

Forden and Reggiani met while Forden was writing a book about the family dynasty and Gucci’s murder. “I tried to get an interview with Patrizia in person, but the prison authorities were worried about her having access to the media,” Forden said.

Despite numerous attempts, Justice Department officials refused her, so she did the next best thing: “I wrote letters to her, and she answered many my questions this way,” Forden said. “A lot of it was about her early relationship with Maurizio and how he had changed.”

Patrizia Reggiani in a jailcell writing a message

Twenty years later, Ridley Scott’s film The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed is based on Forden’s 2001 book, “When I wrote it, I always envisioned the book as a movie,” said Forden, who acted as a consultant for the film and also worked with the screenplay writer.

“I tried to set the scenes in such a way because I could visualize them on the screen. But never in my wildest dreams did I imagine it would become a film of this caliber with this director and cast.”

4. Patrizia Reggiani’s net worth


Patrizia is one of Italy’s wealthiest criminals. According to Wikipedia, Forbes, and Business Insider, Patrizia Reggiani has a net worth of $10 million.

Patrizia Reggiani's net worth

She is on the list of the most popular criminals. She was also included in the elite list of prominent Italians. Most of her wealth came from her ex-husband, Maurizio Gucci, an heir to the Gucci company and had a lot of money and investments from his family.

Maurizio agreed to pay $1.47 million in alimony per year as part of the divorce agreement. That means she received an average of $16 million during her incarceration.

She also retains ownership of several assets, including a multimillion-dollar yacht known as “The Creole.” Patrizia considered herself “nullatenente,” which translates to “bankrupt” in Italian.

Patrizia Reggiani's yacht

In 2020, Patrizia Reggiani appeared in the documentary “Lady Gucci: La Storia di Patrizia Reggiani.” In the documentary, she told her side of the tale regarding her marriage and her husband’s death.

There still needs to be clear information on how much she was paid for her appearance in the programme.

Following the divorce, Maurizio agreed to pay Patrizia $860,000 in annual alimony. Despite her conviction for her husband’s murder, she was also eligible for a $1.2 million annuity from the Gucci Estate.

5. Patrizia Reggiani’s Personal Life


Patrizia Reggiani was born in Milan, Italy. She began her fashion career as a model in the late 1970s, later becoming a fashion designer.

Patrizia Reggiani as a model

Maurizio’s father disapproved of the marriage with Patrizia, but he gave his son and daughter-in-law a lavish apartment in New York’s Olympic Tower. Patrizia Reggiani and her husband relocated to New York after their marriage.

She became involved in social circles in New York. Patrizia met Jackie Kennedy Onassis through her numerous appearances. During their marriage, Maurizio had an extended intimacy with a lady named Sheree McLaughlin, which eventually convinced Maurizio to leave his wife, Patrizia.

new york city view from above at night

Reggiani and her husband returned to Milan in 1982. Three years later, Maurizio informed Patrizia that he would travel to Florence for business. The next day, he dispatched a friend to Patrizia to inform her that he would not be returning and that their marriage was finished.

milan view from above at night

Maurizio was dating Paola Franchi in 1990. Patrizia was filled with bitterness and envy as a result of the relationship. Furthermore, she wanted Maurizio to avoid marrying Paola, which would lower Patrizia’s financial aid to $860,000 annually, which was nothing compared to her lavish lifestyle.

Patrizia divorced Maurizio in 1994. Following the divorce, Maurizio agreed to pay Patrizia $1.47 million as part of the settlement. She continued to use the Gucci surname even though it was unlawful. She always claimed to be “the most Gucci of them all.”

She also collaborated with renowned fashion houses like Giorgio Armani, Versace, and Dolce & Gabbana.

Patrizia Reggiani wearing giorgio armani

On the stairs outside his office, when he arrived for work a year after his divorce, on March 27, 1995, Maurizio Gucci was shot and killed by a hitman. Patrizia scribbled a single word in her diary the day he was murdered: “paradeisos,” the Greek word for paradise.

During her trial, her daughters battled for her innocence. They even went so far as to study law at Milan University to fight for her freedom.

Reggiani was punished for 29 years in jail in 1997, which was reduced to 26 years in 2000. According to CNN, she attempted suicide the same year but was rescued by security officers.

She was then eligible for parole, which required her to find work, but she declined in 2011 because the thought of working terrified her. “I have never worked in my life and do not intend to start now,” she told her lawyer, according to The Guardian.

courtroom

Following her arrest, Patrizia had a psychiatric evaluation to determine if she had narcissistic personality disorder or other mental health issues. The exam results revealed that she did have a narcissistic personality disorder.

She was released from prison in 2016 with a good behaviour credit. She is a design consultant for Bozart, a Milan-based costume jewellery maker.

Patrizia Reggiani working in jewellery

She is an Italian fashion designer and entrepreneur with three decades of career. She has become particularly well-known for her work with Giorgio Armani, Versace, and Dolce & Gabbana. Reggiani is also well-known for her high-profile marriage to Maurizio Gucci, the former CEO of Gucci.

6. Conclusion


Despite having a multimillion-dollar net worth, Patrizia’s experience demonstrates that money cannot purchase happiness or love. We are all aware of how rapidly wealth can be obtained and lost, and it is ultimately up to us to decide how we will utilize the money to better our lives and those around us.

Patrizia Reggiani portrait in black white and red

Reggiani also demonstrates what occurs when you breach the law: criminal conduct will be punished properly, regardless of your net worth or social rank. So, it pays to always be on the right side of justice.

Patrizia Reggiani portrait in black white and orange

References:

https://www.scmp.com/magazines/style/celebrity/article/3157744/where-patrizia-reggiani-now-maurizio-guccis-murderer?module=perpetual_scroll_0&pgtype=article&campaign=3157744

https://thesuccessbug.com/patrizia-reggiani-net-worth/

https://www.elle.com/culture/movies-tv/a38214407/who-is-patrizia-reggiani-house-of-gucci-true-story/