Image Credit: Getty Images Valentino Garavani, the famous Italian designer and founder of his eponymous fashion house, died on January 19, 2026, his company confirmed. The late 93-year-old leaves behind an empire and, therefore, a high net worth. But his influence on the fashion industry reaches more than what money can buy. "Our founder, Valentino Garavani, passed away today at his Roman residence, surrounded by his loved ones," an Instagram announcement from Valentino read.