Anacleto Angelini

Anacleto Angelini Fabbri (January 17, 1914–August 28, 2007) was an Italian-born Chilean businessman.[1] At the time of his death, he was South America's wealthiest person, with an estimated net worth of US$6 billion. He was chairman at AntarChile, one of Latin America's largest conglomerates.

Life

Angelini was born in Ferrara, Italy to Giuseppe Angelini and Adalisa Fabbri. A veteran of the Italian army's campaign in Ethiopia, he immigrated to Chile in 1948, and made his fortune based on fisheries, forestry, mining and fuel distribution. In 1986 he bought a majority in Chilean company Copec.

Without an heir, he ceded day-to-day control of his holding company, Antarchile, to a nephew, Roberto Angelini Rossi. Anacleto Angelini resided in a modest apartment in a middle-class neighborhood in Santiago.[2]

Controversy

Angelini's Celulosa Arauco y Constitución pulp mill was closed in 2005 after the company lawyers reportedly produced a misleading environmental study regarding pollution on the Cruces River. The scandal prompted Celco's chief executive to resign in June 2005 and the company to pledge to adopt cleaner technologies. The plant reopened two months later at limited production capacity.[3]

Death

On 28 August 2007, Angelini died in the clinical hospital of the Catholic University of Chile from emphysema, which had been aggravated by a severe cold.

gollark: The what?
gollark: I actually updated the licenses recently so you should probably read it if you use potatOS, have read the license agreement, know anyone who has read the license agreement, or know about the license agreement.
gollark: https://pastebin.com/NdUKJ07j
gollark: You should link to the potatOS license agreement.
gollark: No, I can on potatOS computers, but those use CraftOS+a 20 line script.

References
  1. Bernstein, Adam (August 31, 2007). "Billionaire Anacleto Angelini, 93; Started Empire in Chile With $100". The Washington Post.
  2. Forbes List of Billionaires 2004
  3. Forbes List of Billionaires 2006


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.