Berlusconi’s will dishes cash to kids, partner and rogue political adviser

July 07, 2023
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Berlusconi also rewarded his former political adviser Marcello Dell'Utri with €30 million in his will | Alberto Pizzoli/AFP via Getty Images

Former Italian Prime Minister Silvio Berlusconi’s will was unsealed Thursday, with the late tycoon’s wealth and business interests being distributed to his family.

His two eldest children, Marina and Pier Silvio, will hold equal stakes jointly worth around 53 percent in the Fininvest family holding company, according to a report on Italian newswire ANSA. Both have held executive roles in the family business since the 1990s.

Berlusconi also rewarded his former political adviser Marcello Dell’Utri with €30 million in his will. In 2014, Dell’Utri was sentenced by the Italian Supreme Court to seven years in prison. He was found guilty of tax fraud and complicity in conspiracy with the Sicilian Mafia. At the time of the ruling, he fled Italy and was caught shortly after by Interpol and the Lebanese authorities at a luxury hotel in Beirut.

Berlusconi’s three children from his second marriage — Barbara, Eleonora and Luigi — receive smaller shares than the children — Marina and Pier Silvio — from the first marriage.

Berlusconi’s 33-year-old partner at the time of his death, Marta Fascina, also receives €100 million. His brother Paolo receives the same amount.

Berlusconi, who died last month aged 86, added a handwritten letter to his children, saying: “Thanks, so much love to all of you, your Dad.”

Source: POLITICO Europe