None of Berlusconi’s children will control Fininvest alone, according to will

None of Berlusconi’s children will control Fininvest alone, according to will

None of the five children of former president and businessman Silvio Berlusconi, who died on June 12, will be able to control Fininvest, the family holding company, alone, according to a company note issued today after reading the tycoon’s will.

Although Marina and Pier Silvio Berlusconi reach 53% of the shares, according to the distribution expressed in the last wills that the Italian agency ANSA announced today.

Marina Berlusconi, Chairwoman of the Board of Directors, and Pier Silvio Berlusconi, Barbara Berlusconi and Luigi Berlusconi, directors, after having been read the will of her father Silvio Berlusconi, report that it follows that no party will indirectly hold exclusive control of Fininvest SpA, which was previously practiced by the father himself”, reads the statement in which the fifth daughter of the tycoon, Eleonora, who no longer had any role in society, is not mentioned.

The notary who read the will will comply with the legal requirements in the next few hours”, concluded the note after the will of Berlusconi, who died at 86 and one of the richest men in Italy, was opened before two witnesses in Milan and read before his five children and heirs.

Pallbearers carry the coffin of former Italian Prime Minister and media mogul Silvio Berlusconi from the hearse at Milan's Duomo cathedral on June 14, 2023 for Berlusconi's state funeral (Photo: Andreas SOLARO / AFP)
Pallbearers carry the coffin of former Italian Prime Minister and media mogul Silvio Berlusconi from the hearse at Milan’s Duomo cathedral on June 14, 2023 for Berlusconi’s state funeral (Photo: Andreas SOLARO / AFP)

While the Italian agency ANSA, which assured that it has viewed the will, reported that after the distribution of the share of shares held by Berlusconi, 61.21%, “the two first-born together reach 53% of the group with equal quotas”.

According to ANSA, Berlusconi would also have left a legacy of 100 million euros to his sentimental partner in recent years, Marta Fascina, 33, a member of his party, Forza Italia, with whom he even celebrated a kind of wedding, although without validity. legal.

He also left another 100 million to his brother Paolo and 30 million to Marcello Dell’Utri, who was for years his right-hand man and co-founder of Forza Italia and who in 2014 was sentenced to 7 years in prison, of which he served four in prison and one under house arrest, for being recognized as a mediator with Cosa Nostra, the Sicilian mafia.

A general view shows the hearse carrying the coffin of former Italian Prime Minister and media mogul Silvio Berlusconi arriving at Milan's Duomo cathedral on June 14, 2023. (Photo by GABRIEL BOUYS / AFP)
A general view shows the hearse carrying the coffin of former Italian Prime Minister and media mogul Silvio Berlusconi arriving at Milan’s Duomo cathedral on June 14, 2023. (Photo by GABRIEL BOUYS / AFP)

In the will, according to the Italian agency, Berlusconi wrote a message to his children: “Thank you, so much love to all. your dad” and another in which he advanced the legacy to Fascina and Dell’Utri: “For how much I loved them and for how much they loved me”.

Marina and Pier Silvio are the children of his first marriage to Arla Dall’Oglio and the only ones who have executive positions in his emporium since the eldest daughter chairs Fininvest, the family holding company, and her brother controls Media For Europe (MFE), the former Mediaset.

The other three children, Barbara, Eleonora and Luigi, are the result of his marriage to the actress Veronia Lario.

Throughout his life, the conservative politician, three times prime minister, amassed a fortune estimated at more than 6,000 million euros between companies and properties of all kinds, from paintings, villas, boats, jewelry or helicopters, and whose distribution does not has been known.

Source: EFE

Source: Gestion

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