• Property, "the dancing millionaire" was arrested

  • The property of the Italian entrepreneur Gianluca Vacca of (Gianluca Vacchi) in the amount of 10 million euros arrested. This writes Corriere della Sera.

    The newspaper clarifies that we are talking about yachts, villas and shares, including a share in the Golf club. The fact that the holding company First Investments in which the Vacca is the Director, took credit for the said amount from the Bank Banco BPM.

    In addition, it is specified that the businessman had paid a loan of six million euros to another Bank, it took money to buy a Villa in Porto Cervo (resort in the North of Sardinia).

    In total, indicates Il Fatto Quotidiano, the sum of its debts is estimated at 60 million euros, while it owns assets in 28 million.

    It is noted that the richness of the 50-year-old entrepreneur is connected with the business of his family which controls the company Industria Macchine Automatiche (IMA): allegedly he is paid five million euros a year for the fact that he did not interfere in the management.

    IMA was founded in 1961 and is engaged in the development and production of packaging machines for pharmaceuticals, cosmetics, tea and coffee. Its annual turnover is 1.3 billion euros.

    The Gianluca Vacca — star Instagram, where he has over 10 million subscribers. In the social network he posts images showing the Bohemian lifestyle, and also publishes video with incendiary dances. Network Vacca called the dancing millionaire.


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