Adam Driver and Lady Gaga on the set of 'House of Gucci'. The actors play Mr and Mrs Gucci in the film. Lady Gaga / Instagram
Adam Driver and Lady Gaga on the set of 'House of Gucci'. The actors play Mr and Mrs Gucci in the film. Lady Gaga / Instagram
Adam Driver and Lady Gaga on the set of 'House of Gucci'. The actors play Mr and Mrs Gucci in the film. Lady Gaga / Instagram
Adam Driver and Lady Gaga on the set of 'House of Gucci'. The actors play Mr and Mrs Gucci in the film. Lady Gaga / Instagram

'House of Gucci' trailer: Lady Gaga and Adam Driver shine in fashion house tale


Katy Gillett
  • English
  • Arabic

The first trailer for Hollywood film House of Gucci has been released, and in the hours since it's already racked up more than two million views on YouTube and counting. Such is the anticipation surrounding this movie starring Adam Driver and Lady Gaga as Mr and Mrs Gucci.

Directed by Ridley Scott, the film focuses on the Gucci fashion family dynasty and tells the story of Maurizio Gucci's (Driver) assassination and his ex-wife Patrizia Reggiani's (Gaga) conviction for orchestrating his murder, for which she spent 18 years in prison.

House of Gucci is scheduled to be released on November 24.

Watch the trailer here:

It's based on Sara Gay Forden's novel The House of Gucci: A Sensational Story of Murder, Madness, Glamour and Greed.

The film also stars a trio of Oscar winners with Jared Leto, who is almost unrecognisable as Maurizio’s cousin Paolo Gucci; Al Pacino as Aldo Gucci and Jeremy Irons as Maurizio’s father, Rodolfo Gucci, both sons of Guccio Gucci, who founded the company in 1921.

It's the latest in a long line of fashion house exposés that have lifted the lid on the scandals that have made the industry so notorious over the years.

All actors shine in the new trailer, which gets viewers sufficiently in the mood for the upcoming release. “I don’t consider myself to be a particularly ethical person,” Patrizia says ominously, Gaga showing off her Italian accent skills as Blondie's Heart of Glass plays in the background. “But I am fair."

“You picked a real firecracker,” Paolo says to Maurizio of Patrizia, who later picked up the nickname Black Widow in prison.

The film is Gaga's first major on-screen role since her turn in 2018's A Star is Born, which got her nominated for the Best Actress Oscar and won her an Academy Award for Best Original Song.

In April, one of Maurizio’s second cousins, Patrizia Gucci, told Associated Press she is worried that the film pries into the private lives of the Gucci heirs.

“We are truly disappointed. I speak on behalf of the family," she said. “They are stealing the identity of a family to make a profit, to increase the income of the Hollywood system … Our family has an identity, privacy. We can talk about everything. but there is a borderline that cannot be crossed.”

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Results

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)

5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel

5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi

6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud

7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel

7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard

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Updated: November 23, 2021, 5:05 AM