Berlusconi leaves control of business empire to 2 eldest children

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 86%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Marina and Pier Silvio Berlusconi will hold equal stakes jointly amounting to around 53% in the Fininvest family holding.

business empire

Marina, 56, chairs Fininvest while Pier Silvio, 54, has been in charge of the MFE-MediaForEurope TV business which their father founded. Fininvest also owns Italian Serie A soccer club AC Monza and a stake in asset manager Banca Mediolanum.estimated that the overall Berlusconi family assets, which include luxury properties in Milan, Rome, and Sardinia, were worth around $6.8 billion.

Berlusconi made his inheritance decision on Fininvest in 2006, a copy of the will seen by Reuters showed. He signed off his bequest with the handwritten words: “Thanks, so much love to all of you, your Dad.” He also left 30 million euros to Marcello Dell’Utri, a long-term business partner and close friend who was convicted of Mafia collusion in 2014.

The will was in an unsealed envelope and dated January 19, 2022, coinciding with one of the occasions when Berlusconi was admitted to Milan’s San Raffaele hospital for treatment.

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:

 /  🏆 4. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines