Versace is an iconic Italian luxury fashion house founded in 1978 by Gianni Versace in Milan, Italy. The brand is known for its bold glamour, Medusa logo, vibrant prints, and high-end ready-to-wear collections. Over the years, Versace expanded into accessories, fragrances, haute couture, and home décor, building a strong global presence.
After Gianni Versace’s death in 1997, the company was led by his siblings Donatella Versace and Santo Versace, while his niece Allegra Versace inherited a major stake. However, the company no longer remains family-owned.
In December 2025, Versace officially became part of the Prada Group, one of the world’s leading luxury fashion conglomerates.
Ownership Status of Versace
Versace is not privately owned and is no longer controlled by the Versace family. The brand is currently owned 100% by the Prada Group, an Italian luxury company that completed its acquisition of Versace from Capri Holdings in December 2025.
Because Prada Group is a publicly traded company, Versace is ultimately owned by its shareholders, which include institutional investors, mutual fund companies, and retail investors. The acquisition brought Versace back under Italian ownership after several years under American-based Capri Holdings.
History of Ownership — From Family to Global Conglomerates
| Period / Year | Owner(s) | Notes |
|---|---|---|
| 1978–1997 | Gianni Versace (founder) | Founded the company in Milan, building its global identity. |
| 1997–2018 | Versace family (Donatella, Santo, Allegra, etc.) | After Gianni’s death, his siblings and niece managed the brand. |
| 2018–2025 | Capri Holdings (American group) | In December 2018, Versace was acquired by Capri Holdings (then Michael Kors Holdings). |
| 2025–present | Prada Group (Italian luxury group) | In April 2025, Prada announced the acquisition; deal closed by December 2025. |
So — over time — Versace has moved from being a family-owned firm, to American conglomerate ownership, and now back to Italian hands under Prada Group.
Current CEO of Versace — Emmanuel Gintzburger
Emmanuel Gintzburger has served as the Chief Executive Officer (CEO) of Versace since September 12, 2022. He is a highly experienced leader in the luxury fashion industry. Before joining Versace, he worked in prominent positions at Alexander McQueen (as CEO), Saint Laurent, Lanvin, Sephora, and Louis Vuitton across Europe and Asia.
As CEO, Gintzburger focuses on strengthening Versace’s global retail expansion, enhancing the accessories and footwear categories, and repositioning the brand for long-term growth. Even after Prada Group’s acquisition, he continues to lead Versace’s operations and strategic direction.
Emmanuel Gintzburger Net Worth
There is no verified or publicly available information about Emmanuel Gintzburger’s exact net worth. Luxury fashion executives typically do not disclose personal financial details, and no reliable sources provide an estimate. Any online figures would be speculative, so the safest conclusion is that his net worth is undisclosed.
Key Shareholder Highlights of Prada Group
Note: Since Prada Group owns Versace, its major shareholders indirectly influence Versace as well.
Prada Group’s ownership includes a mix of institutional investors and family holdings. The Prada family, especially Miuccia Prada and Patrizio Bertelli, still hold significant voting power, while the remaining shares are distributed among global investors. These shareholders collectively influence strategic decisions that affect Versace.
Recent Developments in Ownership
Prada Group announced its intent to acquire Versace in April 2025 and finalized the deal on December 2, 2025. This acquisition marked one of the most significant luxury industry mergers of the decade. Donatella Versace stepped down as Creative Director and now serves as a brand ambassador, while Prada plans to modernize and expand Versace’s global business.
FAQs
1. Who owns Versace now?
Versace is owned by the Prada Group, which completed its acquisition in December 2025.
2. Is Versace still family-owned?
No. The Versace family no longer owns the company.
3. Who founded Versace?
Versace was founded by Gianni Versace in 1978.
4. Who is the current CEO of Versace?
The current CEO is Emmanuel Gintzburger, who joined in 2022.
5. What is Emmanuel Gintzburger’s net worth?
His net worth is not publicly disclosed.
6. Did Donatella Versace leave the company?
She stepped down as Creative Director in 2025 but continues as Chief Brand Ambassador.
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