Giorgio Armani And 19 Other Italian Billionaires Donate More Than $44 Million To Fight Coronavirus In Italy


Some of Italy’s top export industries, including luxury fashion and manufacturing, are taking a sharp hit as residents stay indoors for a second week — but industry leaders aren’t backing down from the fight. Fashion legend Giorgio Armani donated about $1.4 million to hospitals in Milan and Rome, as well as to the Italian civil protection agency, which is coordinating the country’s response to the outbreak. Pharmaceutical giant Menarini, owned by billionaire Massimiliana Landini Aleotti and her family, converted part of its factory in Florence to produce disinfectant gel for hospitals. Altogether, Italy’s billionaires have given more than $44 million in donations to hospitals, healthcare facilities and government agencies since the crisis began in February.