Anacleto Angelini Fabbri (January 17, 1914 – August 28, 2007) was an Italian-born Chilean businessman. At the time of his death, he was South America's wealthiest person, with an estimated net worth of US$6 billion. He was chairman at

AntarChile AntarChile is the main holding company of the Angelini Group of Companies, one of the largest conglomerates in South America. This company has major investments in various sectors like industrial, forestry, fisheries and energy. The origins of ...

, one of Latin America's largest conglomerates.

Life

Angelini was born in

Ferrara Ferrara (, ; egl, Fràra ) is a city and ''comune'' in Emilia-Romagna, northern Italy, capital of the Province of Ferrara. it had 132,009 inhabitants. It is situated northeast of Bologna, on the Po di Volano, a branch channel of the main stream ...

, Italy to Giuseppe Angelini and Adalisa Fabbri. A veteran of the Italian army's campaign in

Ethiopia Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the ...

, he immigrated to Chile in 1948, and made his fortune based on fisheries, forestry, mining and fuel distribution. In 1986 he bought a majority in Chilean company Copec. Without an heir, he ceded day-to-day control of his holding company, Antarchile, to a nephew, Roberto Angelini Rossi. Anacleto Angelini resided in a modest apartment in a middle-class neighborhood in

Santiago Santiago (, ; ), also known as Santiago de Chile, is the capital and largest city of Chile as well as one of the largest cities in the Americas. It is the center of Chile's most densely populated region, the Santiago Metropolitan Region, whose ...

Controversy

Angelini's

Celulosa Arauco y Constitución Celulosa Arauco y Constitución (also called CELCO or ARAUCO) is a Chilean wood pulp Pulp is a lignocellulosic fibrous material prepared by chemically or mechanically separating cellulose fibers from wood, fiber crops, waste paper, or rags. ...

pulp mill was closed in 2005 after the company lawyers reportedly produced a misleading environmental study regarding pollution on the

Cruces River The Cruces River ( es, Río Cruces) is a river in south-central Chile. Río Cruces originates from hills near the Villarica volcano and flows then in south-west direction. The southern and final part of the river flows in a south-south-west di ...

. The scandal prompted Celco's chief executive to resign in June 2005 and the company to pledge to adopt cleaner technologies. The plant reopened two months later at limited production capacity.Forbes List of Billionaires 2006

Death

On 28 August 2007, Angelini died in the clinical hospital of the

Catholic University of Chile The Catholic Church, also known as the Roman Catholic Church, is the largest Christian church, with 1.3 billion baptized Catholics worldwide . It is among the world's oldest and largest international institutions, and has played a ...

from

emphysema Emphysema, or pulmonary emphysema, is a lower respiratory tract disease, characterised by air-filled spaces ( pneumatoses) in the lungs, that can vary in size and may be very large. The spaces are caused by the breakdown of the walls of the alve ...

, which had been aggravated by a severe

cold Cold is the presence of low temperature, especially in the atmosphere. In common usage, cold is often a subjective perception. A lower bound to temperature is absolute zero, defined as 0.00K on the Kelvin scale, an absolute thermodynamic ...

References

1914 births 2007 deaths 20th-century Chilean businesspeople Chilean businesspeople in timber Respiratory disease deaths in Chile Deaths from emphysema Italian emigrants to Chile Naturalized citizens of Chile People from Santiago Chilean billionaires {{Chile-business-bio-stub