“It is just a little debt,” he told the international publication.
Another Italian website, The Local, says Vacchi has had possessions such as his yacht seized by creditors.
A post shared by Gianluca Vacchi (@gianlucavacchi) on Jul 6, 2017 at 9:13am PDT
The tattoo-happy playboy, who hosts parties at SoBe nightclubs and even attended the Premios Juventud, is currently dating Ariadna Gutierrez, a former Miss Colombia who was mistakenly crowned Miss Universe by Steve Harvey way back when.
Vacchi brags about his riches and amazing life to his 11 million followers on Instagram with the hashtag #Enjoy.