- Anacleto Angelini
Anacleto Angelini Fabbri (
January 17 1914 –August 28 2007 ) was an Italian born,Chile an businessman. At the time of his death, he wasSouth America 's wealthiest person, with an estimated net worth ofUSD $6 billion. He waschairman at "Antarchile ", one ofLatin 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 inEthiopia , he immigrated to Chile in 1948, and made his fortune based on fisheries, forestry, mining and fuel distribution.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. [Forbes List of Billionaires 2004]
Controversy
Angelini's "
Celco " pulp mill was closed in 2005 after the company lawyers reportedly produced a misleading environmental study regarding pollution on theCruces 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. [Forbes List of Billionaires 2006]Death
On
28 August 2007 , Angelini died in the clinical hospital of the Catholic University of Chile fromemphysema , which had been aggravated by a severe cold.References
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