Armani Gives Himself a Raise

October 2, 2007 By:
Armani Gives Himself a Raise

Talk about a big payday! Fashion giant Giorgio Armani gave himself a $346.5 million raise. Here's the breakdown...

Armani paid himself a dividend of $126 million, and pocketed an additional $220.5 million, through a share transaction within his own company.

With all that money he should just go off and retire somewhere tropical; but than again, judging from recent photos homeboy really needs to stay out of the sun.