The mystery surrounding Valentino Garavani's estate has been solved. The iconic designer died on January 19 at the age of 93. Due to the lack of legitimate successors, the fashion king was able to freely dispose of all of his assets, a decision that has remained hidden to this day. According to Corriere della Sera, the Valentino Garavani-Giancarlo Giammetti Foundation, a previously unknown corporation situated in Vaduz, Liechtenstein, is the only global heir. On March 29, 2023, the will was presented to a Swiss notary in Gstaad, the exclusive Alpine resort where the designer had placed his permanent house. As a result, the succession is in accordance with Swiss law. The document was submitted in Italy on January 21, 2026, two days following his passing, and the foundation formally accepted the estate on April 15. The selection of a single heir is intended to preserve the cohesiveness of an empire believed to be worth hundreds of millions of euros. The foundation already has extremely valuable assets registered in its name, including the historic 30-room residence on the Appian Way in Rome, the 46-meter yacht TM Blue One, overseas bank accounts (including one at the prestigious Coutts bank), and works by Picasso and Warhol. The estate also contains the 16th-century Château de Wideville near Paris, a penthouse in Rome, a residence in London, and the Gifferhorn Chalet in Gstaad. Valentino's wishes, which include a series of legacies and donations to his collaborators and closest relatives, are being managed by a triumvirate comprised of longtime partner Giancarlo Giammetti, trustee Ronald Feijen, and Swiss lawyer Marc Bonnant, who are joined on the board by high-profile international bankers and lawyers.