Berlusconi’s dying leaves €6bn empire, Forza Italia’s future uncertain

The passing of former Italian Prime Minister Silvio Berlusconi has left the nation in mourning, with a state funeral being held in Milan’s grand cathedral. This degree of tribute, often reserved for popes, warfare heroes, and serving ministers, demonstrates the influence of Berlusconi’s life on Italy. Approved and political chief leaves behind a vast empire and a strong political celebration, elevating questions about the future of his belongings and the Forza Italia party.
Born in Milan, Berlusconi built his fortune by way of media, actual estate, finance, cinema, and sport. Forbes estimates his enterprise belongings to be worth around €6bn (US$6.9bn). With no clear successor, the distribution of his 61% stake in his holding company, Fininvest, stays uncertain. His five youngsters, all of whom have stakes in the firm, may face challenges in dividing his quite a few luxurious properties fairly.
Berlusconi’s dying additionally raises issues for the means forward for his political party, Forza Italia. With its share of the vote slipping to 8% in final September’s common election, the party’s survival may depend upon the financial support of Berlusconi’s children, particularly the eldest, Marina. Speculation surrounds her potential leadership function, as nicely as the longer term involvement of Berlusconi’s partner, Marta Fascina, an MP in his get together..

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