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Friday 25 November 2016

Late billionaire Antonino Fernandez willed $2m to 'every' resident of the Spanish village he grew up in

Friday, November 25, 2016

Antonino Fernández, who died aged 98 in August 2016, left £169m in his will to the 80 residents of his birthplace - the small village of Cerezales del Condado in north west Spain. He left £2m in his will to each resident and basically made them millionaires overnight.

Fernández born into a family made up of 13 children, emigrated to Mexico in 1949, when he was 32. He went on to become the CEO of Grupo Modelo, the brewery company who make Corona beer - a bottled beer in the United States, with annual sales of $693million (£556million).

Fernández was a well-known philanthropist who never forgot his motherland and was honoured by the former King of Spain, Juan Carlos, for his charitable deeds, including his work with disabled young people.

 

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