Luxury Connect
Meet the Luxury Leaders | October 19-20 | Beverly Hills

Angiola Armellini — daughter of an Italian construction magnate who made a fortune building flats in and around Rome during the 1970s — has been charged by Italian authorities with avoiding 17 million euros in real estate taxes on 1,243 properties.

The Italian heiress has reportedly used several countries, including Monaco, Luxembourg, Switzerland and New Zealand, to shield her assets from Italian tax authorities. Source: