Things You Want To Learn About Paul Marciano
Paul Marciano spent his early life in Marseilles, France where he was born. He has four siblings and comes from a Jewish family. For seven months he was confined in a wheel chair for injuries he sustained when he and his brother were involved in a motorcycle accident. He was able to make use of his limbs after one and half years even though he had been informed that he would not be able to walk again.
Paul Marciano’s prolonged absence from school prevented him from being readmitted. He later on left for Israel and lived in a kibbutz. The motivation that led to the decision was attributed to the fact that he did not have a chance to pursue his education further.
Paul Marciano’s career began when he started working in a clothing company, GA, that belonged to his family. The business had stores spread out in French Riviera. Later on, Paul and his brothers Maurice, Armand and Georges went to Southern California, a place that they immediately appreciated. Due to political changes occurring in France and subsequent ascension to power of Francois Mitterrand who had socialist leanings led to the Marcianos brothers closing their business and moving to the United States. They ran the MGA firm at Little Santa Monica located in Beverly Hills.
The world-famous company, Guess, was later began by the Marciano brothers. They offloaded half of the company’s share to the Nakash brothers in 1983. Six years later a superior court in California ruled that the Nakash had fraudulently lured the Marcianos to take part in the deal. The end result was that the Nakashas settled for 66 million dollars in favor of the Marciano brothers.
Upon stepping down as Guess CEO, Paul Marciano became the company’s Executive Chairman but held on to his position as the firm’s chief creative officer. After joining hands with his brother Maurice, Steve Tisch and World Wrestling Entertainment they backed a Los Angeles startup, Hero Ventures.
Paul Marciano’s role as a philanthropist saw him purchase the former Scottish Rite Masonic Temple on Wilshire Boulevard for 8 million dollars through the Maurice and Paul Marciano Art Foundation. Their plans are to transform the place to a private museum. The Friends of the Israel Defense Forces received a donation of 5.2 million dollars from the brothers.
Paul Marciano’s first marriage was to the model and photographer Kymberly Marciano. They had two children before they parted ways. His second marriage was to the model Mareva Georges and they were blessed with two children. After investigations were finalized into Paul’s improper conduct, he resigned his slot as the Guess CEO. Even though there was no conclusive proof of the allegations, it was decided that there was poor judgement on the part of Paul in his engagement with models and photographers.