Luxury industry entrepreneur and investor Francesco Trapani has passed away in Rome at the age of 68. The son of Lia Bulgari and nephew of Gianni, Paolo and Nicola Bulgari, he had, according to the statement, “inherited a profound passion for excellence, creativity and innovation.”

Appointed chief executive officer of the Roman house in 1984, he led Bulgari for three decades, transforming the company into one of the world’s most iconic jewelry brands and an international leader in luxury. Visionary and bold, Francesco Trapani redefined the boundaries of the industry, strengthening Bulgari’s global presence and establishing it as a symbol of Italian elegance and contemporary refinement. His strategic insight and relentless drive not only shaped the future of the maison but also left a lasting mark on the entire luxury sector.

The funeral will take place on Saturday at noon at the Basilica di Santa Croce in Gerusalemme in Rome.