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, one of Latin America's largest conglomerates.

Life

Angelini was born in

Ferrara Ferrara (; ; ) is a city and ''comune'' (municipality) 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 ...

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

Ethiopia Ethiopia, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Ken ...

, 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 the 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 neighbourhood in

Santiago Santiago (, ; ), also known as Santiago de Chile (), is the capital and largest city of Chile and one of the largest cities in the Americas. It is located in the country's central valley and is the center of the Santiago Metropolitan Regi ...

Controversy

Angelini's Celulosa Arauco y Constitución 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 () 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 direction followin ...

. 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 from

emphysema Emphysema is any air-filled enlargement in the body's tissues. Most commonly emphysema refers to the permanent enlargement of air spaces (alveoli) in the lungs, and is also known as pulmonary emphysema. Emphysema is a lower respiratory tract di ...

, 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 subjectivity, subjective perception. A lower bound to temperature is absolute zero, defined as 0.00K on the Kelvin scale, an absolute t ...

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 Businesspeople from Santiago, Chile Chilean billionaires {{Chile-business-bio-stub