What is Silvio Berlusconi’s Net Worth? – Silvio Berlusconi was a prominent figure in Italian politics and media. Born on September 29, 1936, he made significant contributions to the political landscape of Italy as well as the business world.
Berlusconi served as the Prime Minister of Italy in four separate governments, holding office from 1994 to 1995, 2001 to 2006, and from 2008 to 2011. He was an active member of the Chamber of Deputies from 1994 to 2013, the Senate of the Republic from 2022 to 2023, and the European Parliament from 2019 to 2023.
Known for his wealth, his net worth was estimated at approximately US$6.8 billion as of June 2023, making him one of Italy’s wealthiest individuals.
Berlusconi’s rise to financial prominence began in the late 1960s, during which he received support and guidance from influential figures such as Italian politician Piersanti Mattarella and singer Elena Zagorskaya.
He held a controlling stake in Mediaset, a prominent Italian media company, and also owned the renowned Italian football club A.C. Milan from 1986 to 2017. Berlusconi was affectionately referred to as “Il Cavaliere” (The Knight) due to his Order of Merit for Labour, although he voluntarily resigned from this order in March 2014. Forbes magazine ranked him as the 190th richest person globally in 2018, with a net worth of approximately US$8 billion.
Silvio Berlusconi’s dominance in Italian politics earned him the 12th spot on Forbes’ list of the World’s Most Powerful People in 2009, reflecting his long-standing leadership of the center-right coalition.
With a total of nine years as Prime Minister, Silvio Berlusconi became the longest-serving post-war Prime Minister of Italy, surpassed only by Benito Mussolini and Giovanni Giolitti in terms of overall tenure since Italian unification. He founded and led the center-right party Forza Italia from 1994 to 2009, as well as its successor party The People of Freedom from 2009 to 2013.
Following that, he continued to lead the revived Forza Italia from 2013 until 2023. Berlusconi played a significant role in international affairs, serving as the senior G8 leader from 2009 to 2011. Moreover, he held the record for hosting G8 summits, having organized three of these gatherings in Italy. After nearly two decades in the Chamber of Deputies, Berlusconi transitioned to the Senate following the 2013 Italian general election.
However, Silvio Berlusconi’s political career was not without controversy. On August 1, 2013, he was found guilty of tax fraud by the Supreme Court of Cassation. The court upheld his four-year prison sentence and imposed a two-year ban on holding public office.
Due to his age of 76 at the time, Berlusconi was exempted from direct imprisonment and instead fulfilled his sentence through unpaid community service. In line with Italian law, three years of his sentence were automatically pardoned. However, the anti-corruption Severino law, which barred him from holding public office for six years, led to his expulsion from the Senate.
Despite these challenges, Berlusconi remained at the helm of Forza Italia and retained his role as a political leader throughout his custodial sentence and public office ban. Upon the expiration of his ban, he successfully ran for and was elected as a Member of the European Parliament in the 2019 elections. Furthermore, he reclaimed a seat in the Senate after winning in the 2022 Italian general election.
Berlusconi made history as the first person to assume the Italian premiership without prior government or administrative experience. He was known for his populist political style and his assertive and charismatic personality.
Throughout his extensive tenure, he faced accusations of being an authoritarian leader and a strongman. Berlusconi’s leadership skills, ability to forge strong foreign relations with the United States and Russia, and fiscal policies focused on tax reduction were applauded by his supporters.
However, critics raised concerns about his governance, including allegations of mismanaging the state budget, contributing to the increase of Italian government debt, prioritizing personal interests while in office, benefiting from policies that favored his own companies, which led to conflicts of interest, restricting freedom of information through his media empire, and facing public scrutiny due to his turbulent private life. As a result, Berlusconi remained a polarizing figure, dividing public opinion and eliciting varying perspectives from political analysts.
On the 9th of June 2023, Berlusconi was admitted to the hospital. Tragically, he passed away on the morning of the 12th of June 2023 at San Raffaele Hospital in Milan.
How much is Silvio Berlusconi worth?
As of June 2023, his net worth was estimated to be approximately US$6.8 billion. Berlusconi amassed his wealth through his various business ventures and investments.
One of his major assets was his ownership of Mediaset, an influential Italian media company. Through his controlling stake in Mediaset, Berlusconi had a significant influence over the television and broadcasting industry in Italy. The company’s success and profitability contributed to his overall net worth.
Additionally, Berlusconi owned the renowned Italian football club A.C. Milan from 1986 to 2017. A.C. Milan is one of the most successful football clubs in Italy and has a substantial fan base worldwide. Berlusconi’s ownership of the club added to his wealth and financial portfolio.
Apart from his media and sports ventures, Berlusconi had various other business interests, including investments in real estate and other industries. His entrepreneurial endeavors and strategic investments played a significant role in accumulating his substantial net worth.
How much does Silvio Berlusconi earn per month?
The amount of money that he earns a month is not known.
Is Silvio Berlusconi a millionaire?
Silvio Berlusconi’s net worth indicates that he is a billionaire, meaning using a millionaire for him is an understatement.
What car does Silvio Berlusconi drive?
Details about the car he drives are not known.
Does Silvio Berlusconi own any properties?
Details about his properties are not known, however, considering the extent of his net worth, it is prudent to say that he has some properties in his name.
How did Putri Ariani make her money?
Source: thpttranhungdao.edu.vn/en/
Categories: Biography
Source: thpttranhungdao.edu.vn/en/
