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Valentino Names Liechtenstein Foundation Sole Heir

The decision centralizes his estate under a Vaduz foundation to keep the patrimony united for ongoing private management.

Overview

  • Reporting shows Valentino delivered his will to Swiss notary Rolf Schneider on 29 March 2023 and named the Valentino Garavani - Giancarlo Giammetti Foundation in Vaduz as sole heir, with the foundation accepting the inheritance and making the will executable in mid‑April 2026.
  • Several high‑value items are already registered to the Vaduz foundation, including the 30‑room Villa Letizia on the Appian Way, the 46‑metre yacht Tm Blue One, and the operational activities of the Rome Valentino foundation.
  • The will is reported to include a series of private legacies whose exact terms remain sealed, and media accounts identify likely beneficiaries such as Vernon Bruce Hoeksema, Giancarlo Giammetti, nephew Piero Villani, and the family of Carlos Souza.
  • One major asset in the estate, the 16th‑century Castello di Wideville near Paris, is reported likely to be put up for sale as the foundation consolidates and manages the collection.
  • Choosing a Liechtenstein foundation signals a plan for centralized, continuous stewardship of Valentino’s holdings, which could preserve the brand’s assets, delay public dispersal, and lead to future sales or private distributions to named legatees.