| Anacleto Angelini |
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Angelini was born in Ferrara, Italy on January 17, 1914, to Giuseppe Angelini and Adalisa Fabbri. A veteran of the Italian army's campaign to conquer Ethiopia, he immigrated to Chile after World War II and built a self made fortune based on fisheries, forestry, mining and fuel distribution. Childless, he has ceded day-to-day control of his holding company, Antarchile, to nephew Roberto Angelini Rossi. This low-key billionaire never gives interviews and resides in a modest apartment in a middle-class neighborhood in Santiago. Latest Controversy Angelini's Celco paper plant was closed in 2005 after company lawyers reportedly produced a misleading environmental study regarding pollution on the Cruces River. 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 |
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