Silvio Berlusconi’s business empire explained - from AC Monza to Fininvest

  • 📰 Reuters
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Silvio Berlusconi, the former Italian prime minister and billionaire media mogul who died on Monday at the age of 86, controlled a diverse business empire through the Fininvest family holding and several related companies.

at the age of 86, controlled a diverse business empire through the Fininvest family holding and several related companies.in the 1980s and as owner of European soccer champions AC Milan, used Fininvest, a family holding company with assets worth 4.9 billion euros at the end of 2021, to manage his interests.

Before his death, Silvio owned 61.3% of Fininvest, while Pier Silvio and Marina Berlusconi, his two children from his first marriage, each owned a 7.65% stake. Barbara, Eleonora and Luigi Berlusconi, his other three children, together owned 21.42% of Fininvest.is controlled by Fininvest, which owns a 48% stake. Its chief executive is Pier Silvio Berlusconi.

It operates free-to-air TV channels as well as streaming services in Italy and Spain. It also owns movie production and distribution company Medusa and holds a 40% stake in privately-held Italian broadcasting tower group EI Towers.Italy's Prime Minister Silvio Berlusconi attends a news conference at Villa Madama in Rome, Italy, June 3, 2008. REUTERS/Dario Pignatelli/File Photo

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines