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Marrazzo's scandal is the third major public controversy in four years involving prominent Italian men and transgender prostitutes. In 2005, Lapo Elkann, the grandson of the former head of the Fiat auto dynasty Gianni Agnelli, was rushed to the hospital when he overdosed on cocaine at the Turin apartment of a transsexual prostitute. (He survived.) Two years later, photographs surfaced of Silvio Sircana, chief spokesman for then-Prime Minister Romano Prodi, having a conversation with what appeared to be a transvestite prostitute on the outskirts of Rome. Sircana insisted he was not soliciting the prostitute...

Author: /time Magazine | Title: In Italy, A Sex Scandal to Rival Berlusconi's | 11/26/2009 | See Source »

...eldest son, Giovanni Alberto, who died rather suddenly from fast-spreading stomach cancer in 1997 at 33. Gianni's only son, Edoardo, who battled depression and did not partake in the family business, committed suicide by jumping from an overpass in 2000. Just last year, Elkann's younger brother, Lapo, head of Fiat marketing, nearly died from a cocaine overdose. Elkann absorbed himself in business instead. After getting his degree, Elkann entered General Electric's highly competitive Corporate Audit Staff program, where he mixed with other future business leaders and got hooked on high finance. Back at Vittoria...

Author: /time Magazine | Title: All In The Family | 6/25/2006 | See Source »

...marks a rite of passage, with the longer-term fate and fortune of the fabled Italian family, worth some $2 billion, now resting on the shoulders of three members of the next generation. Elkann and his younger brother Lapo are grandsons of Giovanni Agnelli, and Andrea is Umberto's son by his second marriage. The family's line of succession was disrupted when Umberto's eldest son, long seen as the heir apparent, died of cancer in 1997--and Giovanni's son committed suicide in 2000. The three cousins have limited business experience...

Author: /time Magazine | Title: Are Fiat's Kids Up To The Job? | 6/14/2004 | See Source »

Elkann, known as Jaki, was singled out as a possible successor by his grandfather, who put him on Fiat's board in 1997. So far he has deliberately kept out of the spotlight. Lapo, 27, who works in Fiat's marketing department, frequently appears in the gossip columns, not least because he's dating a TV starlet. Andrea currently works for Philip Morris. Family members say all three will play leadership roles. The question is, How successfully can the Agnellis manage the troubled empire while the youngsters are learning the ropes...

Author: /time Magazine | Title: Are Fiat's Kids Up To The Job? | 6/14/2004 | See Source »

...Napoleonic. The new men are more into team building." It all marks a rite of passage, with the longer-term fate and fortune of the fabled family, worth some $2 billion, now resting on the shoulders of three members of the next generation. Elkann and his younger brother Lapo are grandsons of the late Giovanni Agnelli, while Andrea is Umberto's son by his second marriage. The family's line of succession was disrupted when Umberto's eldest son, long seen as the heir apparent, died of cancer in 1997 - and Giovanni's son committed suicide in 2000. The three...

Author: /time Magazine | Title: All In The Family | 6/6/2004 | See Source »

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