Five children from two marriages: the inheritance will be divided between them Silvio Berlusconi, a patrimony that, roughly calculated, is close to 4 billion euros.
Only in front of the notary will it be discovered whether the third wife Marta Fascina, married only 'symbolically', with a marriage without legal value in 2022, will be assigned part of the properties and bank accounts of the Cavaliere but attention is focused on the reorganization of Fininvest, the holding company with a net worth of 4,9 billion.
The 2021 asset declaration presented by Berlusconi to Parliament shows a taxable income of almost 18 million (17.697.119 euros), making him the Senate's 'big shot'. The reported documentation shows the composition of his assets, made up of companies but also real estate.
He directly owns three supervillas (Villa Due Palme in Lampedusa, one in Antigua in the Antilles where he also has land, and Villa Campari in Lesa, on Lake Maggiore) but also five apartments and two garages in Milan, in his historic residence in Viale San Gimignano.
There are also three boats in his name, Principessa vai via (a 42-metre sailing maxiyacht from the Perini shipyard), the San Maurizio and the Sweet Dragon, a Magnum '70 motorboat (involved in a fatal accident off the coast of Porto Cervo last year).
Finally, all the direct shareholdings are listed: in Dolcedrago where the real estate activities have been concentrated (Essebi Real Estate, Immobiliare Dueville, Immobiliare Idra), in the holding companies Prima, Seconda, Terza and Ottava with which it controls Fininvest, and small shareholdings in Banca Popolare di Sviluppo di Napoli, Banca Popolare di Sondrio and in the sports company Forza 5.
The real estate assets are mind-boggling. His residences alone are worth 100-150 million, from the Villa in Arcore to the one in Macherio, but then there are the holiday homes in Porto Rotondo and Cannes with an estimated value of 500 million, just to give a few examples of the portfolios of the real estate companies.
Berlusconi also holds 60% of Brianzadue, whose real estate portfolio worth around thirty million includes Villa Sottocasa in Vimercate (Monza) and Villa Gernetto in Lesmo. The central issue of the succession, however, is the division of 61% of Fininvest, the company that controls Mfe-Mediaset.
If Silvio Berlusconi's share were to be assigned equally to his five children, the majority of Fininvest would pass to Barbara, Eleonora and Luigi. If, however, Berlusconi had made different arrangements in his will regarding the third of the inheritance available to him, Barbara, Eleonora and Luigi could stop at around 45% and therefore not have control.
The idea that is being gathered on the market is that if control were to pass to the three children of Berlusconi with Veronica Lario, the probability of a transfer of control would be greater because Barbara, Eleonora and Luigi are not involved in the management of the group's companies. Piersilvio, on the other hand, is personally involved as CEO of Mfe and Marina Berlusconi is president of Mondadori and Fininvest itself.
Article published on 12 June 2023 - 20:35
