Gucci almost went bankrupt. Then a hitman saved them.
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- Опубликовано: 29 июн 2024
- Gucci is crowned the world’s hottest brand. Throughout its 100-year history, its been worn by royals, first ladies, and celebrities. Today, it's no longer exclusively for the elite and remains the ultimate status symbol. And it all started with a dishwasher, waiter, and bellhop.
Sources:
[Gucci]
www.amazon.ca/dp/B007US2Z7G/
www.amazon.ca/Uncle-Bathroom-...
fashionunited.uk/news/fashion...
www.amazon.ca/dp/B007US2Z7G/
www.crfashionbook.com/fashion...
www.coursehero.com/file/p3hvc...
www.highsnobiety.com/tag/gucci/
www.mrporter.com/en-us/journa...
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www.statista.com/statistics/9...
www.businessinsider.com/how-g...
[Guccio Family]
www.amazon.ca/dp/B007US2Z7G/
www.amazon.ca/Uncle-Bathroom-...
fashionelite.com/profile/gucc...
www.thefamouspeople.com/profi...
florenceforfree.wordpress.com...
/ gucci
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luxurymanagement24.wordpress....
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casetext.com/case/gucci-v-guc...
[Investcorp]
www.amazon.ca/dp/B007US2Z7G/
www.bloomberg.com/news/articl...
www.nytimes.com/1996/03/13/bu...
[Tom Ford]
www.amazon.ca/dp/B007US2Z7G/
www.vogue.com/article/in-vogu...
ew.com/article/1995/11/10/tom...
nymag.com/nymetro/shopping/fa...
[Queen Elizabeth]
Library and Archives Canada
[Sophia Loren]
Allan Warren
[Elizabeth Taylor]
Metro Goldwyn Mayer / Wikimedia Commons
The son in law gave him a big loan and he and his wife weren't in the will .....thats messed up Mr Gucci
It was how things went back then. It was always assumed the men of house will inherit the family estate while the daughters get nothing.
White people 😳
@@blackdiamond6121 Roger dat...
@@blackdiamond6121 Black people 😳
@@blackdiamond6121 people beliefs were very strange back in the day no matter what the race was
Crazy how greed literally destroyed that family and their entire business
Wat
That’s how it still happens today on wealthy families.
They be fighting each other to inherit companies shares etc.
Didn't destroy the business seeing as it's still the biggest fashion brand, but yeah it sure did destroy the family
Lol no it's not. That's the logical conclusion
Fashion industry has always been really reckless....................
So basically, The family who started the brand is no more controlling it.
Just like McDonald
Just like Lamborghini
Just like Jam e Shireen
They keep loosing equity getting loans etc. Lol. Crazy how the world works
Just like Victoria secret
All the hardwork put in by the founder just to get ruined by greeds of his own bloodlines.
Sad reality
Mr Gucci should have paid his dues with his son in law
Theres a verse in the bible about that lol
Sad.
He introduced greed in the first place from the way he treated his in-law. Very greedy family
Perhaps if they had given their sister a piece of the pie it would still be in the family today. That’s too bad
naah, pretty much bought out, like the widow or other family member
Exactly. Their dad committed the first act of cheating out a family member, probably coz in those days it was the sons who usually inherited the wealth, and the daughters and their husbands were treated with indifference, despite the benefits they provided to their family. It's just tragic!
Yea if my dad made a successful business n been through all that no way you can buy me out
They were probably thinking like Vito Corleone.
Greed thats all i can say
Everyone: waiting for the hitman part to come*
Hook: speaks about the hitman for *1 second**
LOL! true!
😁
Timestamp? I think i missed it
@@edrienmanzanero4081 exactly
Excellent spoiler alert!!... I appreciate that for not wasting my time..thanks
He never let his daugher, whose husband’s money had saved the business, be part of the business. Their bad karma started there.
I just went through decades of history in under 12 minutes
Thats nothing the other day I went through 20 century's in 10 minutes
😂
True
Fool! I went millions of years in 15 minutes
@@fgip358 fool
4 billion in 12 minutes
(History of the world, I guess.)
Its sad that money separates a family like that..
its not the money its how u think with the money
it's greed, not the money.
@@kamoteph273 Proverbs 1:19 So are the ways of everyone who is greedy for gain. ... Be on your guard against all kinds of greed; a man's life does not consist in the abundance of his possessions.” 1 Corinthians 6:10 nor thieves nor the greedy nor drunkards nor slanderers nor swindlers will inherit the kingdom of God.
*the love of it yea sigh!
Inheritence is always a fight.
I see why gucci has a lot of 🐍 logos now
@@WomenCallYouMoid Snakes aren't slimy
@@xxxod
Really? I heard they were, like fish. Doesn't matter. Figure of expression, right?
@@xxxod yes they are
@@pookie2999 If the idea that snakes are slimy is part of your rationale for disliking these slithering creatures, fear not. It turns out, snakes aren't slimy at all. Snakes are cool and dry to the touch - the opposite of slimy.
@@WomenCallYouMoid snakes are smooth and dry, very nice to touch. some think they are slimy because their scales are shiny, but they are super smooth and have a nice firm texture.
The people who helped Gucci the most got nothing in the end 😭
@@theaux1168 You're a socialist or Marxist?
honestly, it’s better Gucci is not on their hands anymore. Knowing that the business caused family issues, imagine if Gucci was still on their hands they’d probably go bankrupt. But really in their hands or not, The business is still running and really successful also one of the most respected brands in the fashion industry. So, it’s just safe to say Guccio Gucci’s hard work payed of knowing how far it came and how the brand is going.
@@princessjazzmine496 the problems were Mauritzio and Paolo.
@@bapyongukgukguk2352 yah
Reminds me of a wonderful quote : Want to see what ppl really are, wait until money is involved !!
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@@marktilbury308 S/C/A/M
@@marktilbury308 S/C/A/M
@@marktilbury308 S/C/A/M
Matt McKeever S / C / A / M
gucci and hitman, the ultimate combo
GucciMan🥶🥶🥶
Guman
@@07-hitengaikwad29 GUNMAN
Nobelesse coochieman
@@krolisdead 🥶🥵
When you dont give the inheritence share to the sister or any woman of the family. God takes revenge for her.
Yes because god knows the way to happiness and love is money.
God doesn't exist please put that foolish religion outta here
The only thing exist is people and the world
@@legendhasit9172 do me a favor and take some dmt and come back on how god isn't real and how we are suppose to live in the real world with our real bodies. That naturally produce dmt btw
@@legendhasit9172 atheist like you and radical christians in the same group
@@veryfrozen3271 I already had many people and allys and even bystanders to tell me how we were create was from matter and there is no such thing is god already
And by living we are made from BLOOD not some hermit man with long hair coming across places because religion is just a fragment of who knows what.
TOM FORD walked right in off the street literally to take over a family business he didn't have to build. CLASSIC!👍
Actually Tom Ford was a mentor of YSL. He was brought in for his experience with the best designer ever and his newer fresh take on fashion. Definitely not off the street.
69th like boiii
@@nunchuckken4343 You right👍
@@marktilbury308 shut up
@@rsbval they are all bots or scammers
Never ever start a family business. It ruins relationships
It's still going to be a family business for your children
I’m still going to start my family business
No
It depends
And by extension, don't start a co-owned business with a close friend lifelong friend or a spouse.
I mean, In ‘N Out’s chilling rn
Family business that is not runned by family.
Guess Guccio Gucci should have given his son in law lil bit of share.
lil bit? he's the reason gucci prospers. He should've gotten the same amount any other sons get tbh
He's the hero! He would have kept the family together and also been a better CEO than Gucci's sons.
It was a loan - Gucci paid it back within a few months. Good his son-in-law offered the loan, but still, he paid back so I'm not sure if the son-in-law should have gotten anything after he died.
@@klad8125 but i feel the daughter should have gotten a part of the share
@@oyedeletitilayo1869 I agree with you, but in those days it was nothing out of the ordinary that the sons inherited everything and the daughters a good marriage with a appropiate husbund to provide for her, for instance around 1920 my great-grandfather from my mother's side died and inherited all his land, property and money to his sons and nothing to his daughters, although my grandmother was his favorite, but by that time he had made sure they had marriages suitable for their social status, so they won't need the inheritance. Spoiler he was wrong.
Funny how LV and Gucci both started around the same time with a same product yet now their name is just a way to flex on social media 😂
Fun fact:2000 years ago egyptian pyramids were shiny like glass
That's amazing thank you I needed a fact like this today
@@justarandogamr it's a fun fact; not meant to be on topic
.
are you sure?
I knew that already
Netflix needs to make this into a movie I swear-
Shut up kid go do your homework
@@mindfreaksunny3848 give me your roblox username if you have roblox we will talk
It’s being made into a movie right now with Lady Gaga
@@estherdarling6509 Wait really? Let me look that up!
Edit: Did some research and it’s coming out this November. The cast looks great and Im definitely seeing this when it comes out.
Omg the "House of Gucci" starring Lady Gaga and Adam Driver is out just NOW.
The loss of gucci was the fight between their own family😵if they all had been United then no one would have defeated gucci and it would not have been in hands of investcorp
Never forget the one who helped you when you have nothing....
SAID 2 PAC ABOUT BIGGY..
This story is an excellent example of how family businesses can be a double-edged sword.
The family is gone but the legacy goes on, tho its kinda sad that its ran by some corpo and not a actual Gucci
So true.
What legacy after seeing that the brand is literally a disgrace lol 😂
Just like the Louis Vuitton brand
Expensive and with a very bad quality, gucci is literally a rich tourist trap nowadays.
I was expecting Codename 47 to come out dressed up in Gucci. But it was his wife who hired the hitman! Not sure about you guys, I can't afford Gucci. Would buy some electronics instead. 😋
Yyyyep
Yeah Gucci is just symbol slapped on something
Yes
@@MOMOFCJ6 right!, I don't know why people are so obsessed.
Ya! I was like 300😘
Confirmed, agent 47 wears gucci
Agent 47? More like agent gucci
Gucci goo 👐😁
GucciMan
Hitman 4: Gucciman
Playing Hitman 3 now actually
Moral of the story " someone else will eventually run your dream course for you"
“House of Gucci” trailer bought me here
That moment when an 11 minutes video teaches you more than 5 years of school.
Didn’t leave his daughter a dime and the family lost the business😂🤣😂🤣...If karma was a woman her name would’ve been Grimalda.
If school would play videos like this it would never be boring
"The bodies he buried that day built the foundation of what we are today."
avatar!!
Plot twist - The hitman was John Wick
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nice quote
How dare he not put his daughter in the will, she deserved those shares more than any of her brothers.
Fascinating! It would be absolutely amazing to see part 2 on the story of Tom Ford. 🤓🙌🙌🙌
Hi how are you doing ?
I can't believe they gave nothing to the son on law that saved them. Greed
At the end the gucci family got nothing 🤦 this why people gotta learn to appreciate the smallest of things and stop being greedy
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@@marktilbury308 no
@rain rain um ig it was a short and sweet life but regardless if money your source of happiness , then u a sheep like the rest.
@@Ismael-zc8dl to know that it’s not one Gucci involved I kinda take away from brand frfr
And In 1999, Pinault-Printemps-Redoute purchased a controlling 42% stake of the Gucci group for $3 billion.
Its amazing how work hard for something and in the end.. It ends up with someone u didnt imagine ur entire life
Lady gaga is in the Gucci movie lol
This is also where the phrase "its all gucci" came from.
One call to the hitman to ask if its taking care of only to hear the hitman say it was by saying its all Gucci.
At the end, it means that Gucci stakes were no longer in any of the Gucci family members.
But i feel bad for the son in law.
At the end of the movie "Frost Nixon" Mr Frost gives Richard Nixon a pair of black leather Gucci shoes. Very interesting. Thanks.
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You deserve more attention. Your videos are amazing.
"a hitman saved them."
didnt think I will ever hear those two words in a sentence
Hook always has a way to make videos fun and interesting as possible.
Thats why its called hook lol
@@statik9818 Yeah, your right.
They have a way with clickbaits too
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@@marktilbury308 S/C/A/M
The tone of the narrator show how important this is 😂😂😂 spot on
when gucci was working in that elevator he saw handbags that were invented by LV.the more you know
Really? How do you know?
It was on the other video about LV 😆
Correct, I thought it would go there.
Gucci is now a fashion house, with different designers...elite bought it, the streets made it(to date)
Amazing docuseries and so inspiring. Something that stood out to me: Marriage and family were the UTMOST importance back in the day. Gucci sacrificed to work far but didn't hesitant to drive back home to be with his wife and family. A sacrifice little known these days. People get a divorce for something simple as wrong colors on the bed today. No respect nor importance for marriage today. The nicest of society today is superficial than lasting. There is no concept of forever anymore.
Failed to mention how Dapper Dan single handedly made Gucci popular and accessible amongst New York’s black residents. Not to mention Gucci stealing some of his designs.
Dapper Dan is also like a consultant now for Gucci....they showed a picture of him at the very end just didn't mention his name it said "outsiders"
I felt so bad for Gucci, he was stressed everyday and took careful risks. His sons were a blessing and REAL sons
the number one thing to become a billion air: sell things that people would buy
*billionare
Thx
Now make a video about how dapper Dan saved the brand in the 80’s and brought it to everyday people!
Due to Family Greed nobody in the Family has a Stake in Gucci today WOW
Crazy
Then who owns and runs guccci rn? How is non of the Gucci members a part of it? And how did it come out of the hands of Gucci? Pls explain
@@tuba_andrabi Watch the Video and Listen to it.
@@tuba_andrabi the video literally explains lo
@@chelskaf I didn't watch it actually was looking for a quick summary
My first Gucci product was a perfume and it's been one of my all time favourites for the past 8 years.
I love the way you tell stories.
Love there stories very motivating u should definitely be having more subbs
me looking at my dishwasher like :
look you better get started now
Great data, I’ve Learned so much about the Family History, 👏👏👏👏⭐️🌟💎👑💯👍🏆
Exactly what I need to read before watch House of Gucci. ⏰
That Hitman was like John Wick without him an organization wouldn't be made
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Here after watching House of Gucci I’m impressed and sad that the family business ended like that plus some of the members died from poverty.
l never understood the hype of Gucci brand
Then your mind is such that you are unable to understand . If you cant understand this by now then there is none of the brain connections needed to process this information inside your skull. Hint:Capitalism / psychology / buisness
It is a flex.
@@Thenotfunnyperson Their clothes are nothing special
@@ryankaufman7650 I was agreeing.
Me either. I guess rich 🤑 people love showing off
Wow.... This is an awesome story.... We are gonna be in NYC in December.... Gonna go walk by the 5th Avenue store. Would have never known the history of it without this. Thanks!
It's a good day when hook posts a video.
0:36 my name is guccio gucci but everybody calls me GUGU
Wonder if his last name gaga
loved this thank you
love your vids keep going
It's a shame that no actual blood Gucci is in the business. That's just salt in the wounds. Having a billions dollar name, but not a dime from your name
All the succes story starts with a fail , poor job then homelesness then an idea then an idea build up and a small start then another fail then patience and faith then a huge success
❤🧡
That was invigorating and inspiring thank you
You deserve way more views 👍
Hey Hook I would like to ask you to make a video on how warren buffet started buying shares of companies as a teen from his paper route and soda selling business to being one of the worlds richest men a leading one of the worlds biggest companies.
Why gucci family had a terrible end. Its karma.. Gucci cheated his son in law for the sake of his son and all that is left with family is nothing and terrible death
Very interesting info
Aww, it's sad the family lost it all, their father worked so hard for this.
No matter what, we need our families together.
The woman took gold digger to a whole nother level
@@lilnotmaster6094 Absolutely, but I think it was as much the Gucci name as the money. I feel so sorry for Mauritzio.
@@janesgems7 I feel bad for all of them.
it’s ok, it doesn’t matter if they still run the business, the business is still running and really successful even if its not under them anymore.
The Fact that none of the families own the brands like gucci an LV anymore , makes the stuff less special....i always assumed the families were still a part of the brands and designs...But they are basically all owned by big corporations....bursted my bubble.. iewl, i am surprised they are still being worn.
Legacy💙📉🏁
-first generation builds it, second generation expands than third annihilates it😤
Very interesting story. Thanks!
Cool you actually mentioned the topic for ONE SECOND :)
"Married a dressmaker " smartest decision ever made
IF YOU NEED A HITMAN, YOU CAN CALL ME...😉
Whose here after the trailer of House of Gucci? ✋
Excellent video!
Amazing 😍 Greetings from Scotland 😊 Have a wonderful day everyone 🌻
Imagine, building your own business, brand and empire only to know that your own family and future family will literally destroys it from greed... 😬
I am still hooked and following your beautiful videos .
C&K Now for golden music 🎵🎶
Thank you.
Every time he talks about sons i thought the HITMAN is coming .
the hitman ran cartel called guccigang 😂
Wow such a harsh life of ups and downs to present and remaining on top. Unstoppable his brand and craftsmanship. I would love to see a movie !!!
And now, the Chinese have done what they know best to Gucci, duplicating everything and dumping them to Africa, oh! Those Chinese....
That's right
And you may think you are wearing real Gucci 😂😂😂
True 😂😂😂😂
Thanks for the video
Sometimes you wonder how people get rich a these days
Crypto currency is the future investment, investing in it will be the wisest thing to do especially with the current rise.
bitcoin trading is one good way of paying bills which also create opportunity for crypto believers
So you guys know her too? Wow.... That's nice she made me have my own house and car, she's awesome.
She was the one who made me what I'm today.
Somebody built a lego set faster than the hands in lego commercials when they make a lego set. This is what happened to there hands.
TS, a 22 year old is reporting to the ER after his hands start itching and throbbing.
Someone watches chubbyemu
Hahah
@@davemustaine9687 yeah
e m i a
Thanks for sharing your video
Subscribed
Wow ...I absolutely love these old pics. 😃
Think you should make an episode on the guy who created sriracha sauce. Very humble guy who fled Vietnam after the war.
I really feel bad for guccis son in law, gucci should have give him a fair share.
Luv ur content
VERY INTERESTING STORY THANK YOU SO MUCH FOR SHARING US 💙✅🌎
What an interesting combination of things that create a brand and history