© Reuters. SUBMIT IMAGE: Italy’s Head of state Silvio Berlusconi goes to a press conference at Vacation home Madama in Rome, Italy, June 3, 2008. REUTERS/Dario Pignatelli/File Picture
ROME (Reuters) – Silvio Berlusconi, the previous Italian head of state as well as billionaire media magnate that passed away on Monday at the age of 86, managed a varied service realm with the Fininvest household holding as well as numerous relevant firms.
FININVEST
Berlusconi, that made his name by developing a media realm in the 1980s and also as proprietor of European football champs air conditioner Milan, made use of Fininvest, a family members holding business with properties worth 4.9 billion euros ($ 5.3 billion) at the end of 2021, to handle his passions.
Prior to his fatality, Silvio had 61.3% of Fininvest, while Pier Silvio as well as Marina Berlusconi, his 2 youngsters from his initial marital relationship, each had a 7.65% risk.
Barbara, Eleonora as well as Luigi Berlusconi, his various other 3 youngsters, with each other had 21.42% of Fininvest.
Marina Berlusconi has actually been chairwoman of Fininvest considering that 2005.
MEDIAFOREUROPE
Previously called Mediaset (OTC:-RRB-, Italy’s leading business broadcaster MediaForEurope (MFE) is managed by Fininvest, which has a 48% risk. Its president is Pier Silvio Berlusconi.
It runs free-to-air television networks along with streaming solutions in Italy as well as Spain. It likewise has flick manufacturing as well as circulation business Medusa as well as holds a 40% risk in privately-held Italian broadcasting tower team EI Towers.
MFE had actually settled profits of 2.9 billion euros in 2021.
It is the solitary greatest capitalist in German television team ProSiebenSat.1 Media., with a 29.9% risk.
French media titan Vivendi (OTC:-RRB- holds some 23% of MFE, primarily with a depend on called Simon Fiduciaria.
MONDADORI
Fininvest has 53% of Italy’s leading author, Mondadori, which controls the residential publication market.
Marina Berlusconi has actually been Mondadori’s chairwoman considering that 2003. She likewise rests on MFE’s board.
BANCA MEDIOLANUM
Fininvest has a 30% risk in the 6 billion euro Italian possession supervisor Banca Mediolanum.
AIR CONDITIONER MONZA
After marketing air conditioner Milan in 2017 in a 740 million euro offer, Fininvest got smaller sized football club air conditioner Monza the list below year. The group won promo to Italy’s Serie An organization in 2022 for the very first time as well as finished their launching period in the center of the table.
($ 1 = 0.9281 euros)
.
