Silvio Berlusconi net worth, heritage and legacy of former italian prime minister

Money.it

7 April 2023 - 13:22

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What is Silvio Berlusconi’s economic assets and who will the inheritance go to among his five children? And what will be the future of Forza Italia?

Silvio Berlusconi net worth, heritage and legacy of former italian prime minister

Silvio Berlusconi is one of the richest men in Italy. And his health conditions, with hospitalization in intensive care, open the discussion on the legacy of the Forza Italia leader: the economic one, but also the political one. The heirs know them all and are the five children. At least from an economic point of view. It is more difficult to say what will happen from a political point of view once Berlusconi decides to step away from the leadership of the party for health reasons.

From an economic point of view, however, there is already talk of his heritage. Which includes a bit of everything: from television to football, from publishing to real estate. Berlusconi’s is a real economic kingdom, which could end up in the hands of his children. But how? And what numbers are we talking about?

At the moment there is no doubt that the absolute protagonist is Marina, the one who more than anyone else makes the decisions in the family. Also, just to give a recent example, what to communicate about the father’s hospitalization. Will she, perhaps together with her brother Pier Silvio, have a primary role in the economic management of the assets? And what will he do from a political point of view, with the future of Forza Italia at stake?

Berlusconi’s assets: the Fininvest galaxy

The Berlusconi company that has the most assets is Fininvest. La Repubblica tries to evaluate the figures that revolve around it, starting from the three important stakes in companies listed on the Stock Exchange, which are worth 2.8 million euros. Among Berlusconi’s main interests is Mediaset, which is expanding in Europe, as evidenced by the headquarters in Amsterdam: it has taken over 29% of the German broadcaster ProSiebenSat and continues to focus on Mediaset Spain.

Then there is the 30% stake in Banca Mediolanum, an asset management company that has always been in the hands of Ennio Doris and now, with his death, of his son Massimo. The Fininvest package is worth 1.8 billion, for a company that manages customer savings worth more than 103 billion.

Then there is Mondadori: today it has 50 publishing brands, including Einaudi and Rizzoli. Its market value stands at €273 million.

Berlusconi’s children and the legacy

Silvio Berlusconi has five children and all have a direct stake in Fininvest. The largest share, over 61%, is in the hands of the former Prime Minister, who has 22 personal holding companies. Then there are three others that refer to their children: Marina and Pier Silvio each have 7.65% of Fininvest.

Then there are the three children he had with Veronica Lario: Barbara, Eleonora and Luigi. Together they reach 21.42% of shares within the Holding Quattordicesima, of which each holds a third of the capital. Today Marina leads Fininvest and Mondadori, Pier Silvio Mediaset.

The rest of Berlusconi’s assets

Berlusconi’s assets also includes other companies, such as l’immobiliare Fininvest Real Estate & Services. Which includes, for example, Villa Gernetto, where his team: Monza retires. Then there is also the company Alba Servizi Aerotrasporti, which has the fleet of company aircraft: a helicopter and three jets.

There are also other shares, such as 6.8% of Soldo (company that deals with corporate payments) or 2% of Satispay. There are also many properties outside Fininvest, such as the Idra real estate: among these is, for example, Villa Certosa. The value of the company is 426 million. Just adding up these items we are well over 3.5 billion euros of assets, but according to Forbes we are talking about a figure almost double.

Berlusconi’s heritage and legacy, what will happen?

Berlusconi could equally distribute his 61% of Fininvest to his five children: each would get just over 12%. If this were the case, Veronica Lario’s three children would have more shares than Marina and Pier Silvio. The other hypothesis is that Berlusconi leaves the free share of the inheritance (one third) mainly in the hands of Marina and Pier Silvio, leaving them control of the company. With more power than the other three sons.

Berlusconi’s political legacy: the future of Forza Italia

There is not only the economic legacy. Because equally important is the political one: what will be the future of Forza Italia? Who will lead the party? At the moment the most accredited hypothesis is that of Antonio Tajani, current deputy prime minister and blue coordinator. With him there could be other names close to Berlusconi, such as Paolo Barelli and Maurizio Gasparri. In this case we would speak of continuity with the current government line.

In any case, it will be necessary to understand with what formula the party will be able to continue. There are, for example, those who are already asking for a presidential committee instead of a coordinator. There is also talk of the hypothesis of a congress, perhaps precisely to strengthen Tajani with an electoral victory. In recent times, then, the prices of those who are less close to the government, such as Licia Ronzulli and Alessandro Cattaneo have dropped.

A fundamental role could also be played by Marta Fascina, Berlusconi’s companion: she could lead the parliamentary groups. In any case, it seems that every decision must pass for the approval of Marina Berlusconi: she is not willing to take the field personally, but she will certainly have a fundamental role in Fi’s future.

It is no coincidence that there is also talk of the hypothesis of a single party with the Brothers of Italy: it would mean handing over everything to Giorgia Meloni, who seems to be well seen by Marina. The risk to be avoided, however, is that the end of Berlusconi’s leadership will lead to a complete breakdown. And at the end of Forza Italia.
Original article published on Money.it Italy 2023-04-07 13:00:12. Original title: Il patrimonio e l’eredità di Silvio Berlusconi: a chi andrà, chi sono i figli e cosa succederà a Forza Italia

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