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

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 stage of tribute, often reserved for popes, warfare heroes, and serving ministers, demonstrates the impact of Berlusconi’s life on Italy. The media mogul and political leader leaves behind a vast empire and a powerful political party, elevating questions on the future of his assets and the Forza Italia party.
Born in Milan, Berlusconi constructed his fortune through media, real estate, finance, cinema, and sport. Forbes estimates his enterprise belongings to be price around €6bn (US$6.9bn). With no clear successor, the distribution of his 61% stake in his holding firm, Fininvest, stays uncertain. His 5 kids, all of whom have stakes in the firm, might face challenges in dividing his quite a few luxurious properties fairly.
Berlusconi’s death also raises issues for the way forward for his political celebration, Forza Italia. With Withheld of the vote slipping to 8% in last September’s common election, the party’s survival may depend on the monetary support of Berlusconi’s kids, notably the eldest, Marina. Speculation surrounds her potential management function, as nicely as the future involvement of Berlusconi’s partner, Marta Fascina, an MP in his party..

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