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HomeLatest NewsNone of Berlusconi's heirs will have sole control of Fininvest

None of Berlusconi’s heirs will have sole control of Fininvest

Date: June 22, 2024 Time: 16:16:46

Silvio Berlusconi imposed in his will that none of the five children of the former president and businessman, who died on June 12, will be able to control the tycoon alone. Although Marina and Pier Silvio Berlusconi have 53% of the shares according to the distribution, they expressed in the last wills that the Italian agency ANSA announced this Thursday.

“Marina Berlusconi, Chairman of the Board of Directors, and Pier Silvio Berlusconi, Barbara Berlusconi and Luigi Berlusconi, directors, after having been read to them the will of their father Silvio Berlusconi, report that it follows that no party will indirectly hold exclusive control of Fininvest SpA, which was previously exercised by the father himself,” says the statement, which does not mention the fifth daughter of the tycoon, Eleonora, who no longer had any role in society.

“The notary who read the will will meet the legal requirements in the next few hours” and it was read before his five children and heirs. The Italian news agency ANSA, which assured that it had viewed the will, reported that after the distribution of the shares held by Berlusconi, 61.21%, “the two eldest sons together reach 53% of the group with equal shares.” .

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

In the will, according to the Italian agency, Berlusconi wrote a message to his children: “Thank you, so much love to all. Your father” 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 Carla 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 Old 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 he has ever been known.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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