Giorgio Armani (Italian pronunciation: [ˈdʒordʒo arˈmaːni]; born 11 July 1934) is an Italian fashion designer. He is known today for his clean, tailored lines. He formed his company, Armani, in 1975, and by 2001 was acclaimed as the most successful designer of Italian origin, with an annual turnover of $1.6 billion and a personal fortune of $8.1 billion as of 2017. He is credited with pioneering red-carpet fashion.