(Left to right) Barbara, Eleonora, Luigi, Marina and Paolo Berlusconi, Cavaliere’s younger brother, attend Silvio Berlusconi’s funeral. (Mayland, June 14, 2023) Getty Images:
Le Cavalier, who died on Monday, June 12, aged 86, was worth €6.2 billion. He did not, however, appoint any official successor, which should have made the division of his empire more subtle.
He would begin his career as a singer in nightclubs and on cruise ships. After eight decades, Silvio Berlusconi, who died on Monday, June 12, at the age of 86, left a fortune of 6.8 billion dollars (6.2 billion euros), reports the BBC. Forbes: . Agreed The reactions He, who came in sixth in the ranking of the richest people in Italy, notably had 3 billion euros worth of listed shares, as well as many companies, including Mediaset, at the heart of his audiovisual empire, and companies in areas such as various industries. publishing, press and sports. Since 2018, he belonged to AC Monza football club.
The owner of three planes and a helicopter, Cavaliere also acquired various properties, such as the Villa Certosa in Sardinia or the Roman residence of Palazzo Grazioli. A portfolio of real estate assets, the value of which will be 3 billion euros and will also include apartments. However, according to the economic daily, the Finninvest holding family will be “at the heart of the Berlusconi galaxy”. The patriarch owned a total of 61.2 percent of the shares. In 2021, the company had a turnover of 6 billion euros and a profit of 360 million euros.
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“Complex” exchange
The only downside is that Cavaliere has not named an official heir. So the division of his empire must be “complicated,” according to the unnamed source. reactions. The future of his assets is actually based on a good understanding between his five children, born from two different unions, and between whom his 61.2% stake in Finninvest will be divided. Among them are Marina and Pier Silvio, born in 1966 and 1969 from his marriage to Carla Elvira Lucia dal Oglio (1965-1984). Both manage the publishing and press division (Mondadori) and the audiovisual division (Mediaset) respectively. They currently own 7.65% of Finninvest.
As for Barbara born in 1984, Eleonora born in 1986 and Luigi born in 1989 from his marriage to Veronica Lario (from 1990 to 2009), they own 21.42 percent. Silvio Berlusconi’s children also became parents one by one. Marina thus gave birth to two sons, Gabriel and Silvio. Pier Silvio in turn adopted three children: Lucrezia, Lorenzo and Sofia. In turn, Barbara had five children: Alessandro, Eduardo, Leone, Francesco and Ettore. Eleonora in turn had three children, Riccardo, Flora and Artemisia, and Luigi had two sons, Emanuele and Tommaso.
Italian law
Grandchildren could also inherit from their grandfather, as Italian law stipulates that they, like the deceased’s children and spouse, come first in order of succession. However, the more heirs there are, the more the inheritance is divided. For example, if she has only one child, then the husband will get half of the entire property, which is shared with the latter. If there are two or more children, then the partner will receive one-third of the full property, and so on. In France, the entire inheritance is collected by the children of the deceased, except for adjustments to the will.
Mystery currently hangs over how Silvio Berlusconi’s assets will be divided between them. Some may also be at a disadvantage. As he explains Republic:, if the former President of the Council of Italy decided to distribute his 61.2% equally among his five children, each of them would be given 12.24% more. Veronica Lario’s three children will then own more than 58% of Fininvest, while Marina and Pier Silvio will own around 19.9% each. No one knows, moreover, if Marta Fassina, Cavalier’s last companion, will inherit any property.
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Source: Le Figaro
