Known for sharing photos of his luxurious lifestyle with his 11 million Instagram followers, the source of his inherited wealth is the IMA group, a company dealing with industrial packaging and pharmacy, in which hereportedly owns a stake of 30 %. Now the company is run by his cousins and is paying him a reported 5,000,000 euros a year.
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In 2011, he was sentenced to three and a half years in prison for his involvement in the crash of Parmalat, the famous Italian dairy company.
Vacchi also wrote a book, called #Enjoy, which describes his decision to abandon the family firm after 20 years working for it to focus on himself, and founded a designer-watch company, ToyWatch, which he later sold. At one time, he also served as the president of Last Minute Tours, a tourism company.
In August 2017, there were reports that his yachts, properties, and shares in a golf club were seized by a bank because of a 10,500,000-euro debt. After the news, numerous parody accounts on social networks sprang up, as well as a Facebook page called “Find Gianluca Vacchi a job”.
Satellite imagery of this property shows it has a football (soccer) court, a tennis court, a helipad, a pool, and you can clearly see Gianluca's famous yellow crocodile on top of a roof of one of the structures.