What is Iris Fontbonne’s net worth?
net worth: | $20 billion |
---|---|
age: | 82 |
date of birth: | 1942 |
gender: | female |
high: | unknown |
country of origin: | Chile |
Source of wealth: | entrepreneur |
Last updated: | August 6, 2024 |
introduce
Alice Fombona is a well-known Chilean mining magnate, media proprietor and philanthropist who inherited her husband’s fortune and successfully managed her estate.
She has proven herself capable of running an international conglomerate and is known for her vast wealth and business acumen.
Fombona is a prominent figure who owns a mining company based in Santiago and is involved in shipping and media, with significant influence around the world.
Iris Fontbona’s net worth is estimated at $20 billion.
About Iris von Bonner
- Iris Fontbona inherited her husband Andrónico Luksic Abaroa’s fortune in 2005
- She runs Antofagasta SA, a major Chilean mining company founded in 1888.
- Fontbona owns a large stake in Chilean media company Canal 13
- She loves beautiful things, and her impressive art collection includes works by Pablo Picasso and Vincent van Gogh
- Fontbona holds a large stake in Quinenco Group, a diversified conglomerate with interests in beverages, energy and manufacturing
early life
Alice Fombona’s age is uncertain, but we believe she was born on January 8, 1942 in Chile.
Her family was very religious, so she attended the local Catholic high school and received a traditional classical education.
She met her future husband, Andrónico Luksic Abaroa, when she was 17 years old and they became happily married when she was 20 years old.
Andrónico Luksic has five children from his previous marriage, and Fontbona became his stepmother when Andrónico Luksic was 7 years old.
The couple later had three children and lived happily together until Andronikos’ death in 2005.
Profession
Fontbona inherited Antofagasta PLC from her husband in 2005 when he died of lung cancer and to everyone’s surprise, she turned out to be a savvy and talented businesswoman.
According to her husband’s will, most of his business passed to their three sons, including Jean-Paul, who manages Antofagasta.
Inherit a multi-million dollar empire
She and her family controlled Antofagasta, a Santiago-based company that initially made money from railroads, copper and other mining activities.
Through the publicly traded company Quiñenco, they control Banco de Chile, Madeco, CCU and CSAV, which are major contributors to the country’s wealth.
In addition to the luxury hotel chain and the country’s largest beer producer, Fontbona controls a copper products maker and shipping company CSAV.
As the richest man in Chile, Iris has a wide range of businesses. CSAV is the 16th largest shipping company in the world and a major enterprise in South America.
Developing Mining Companies in San Diego
To everyone’s surprise, Fontbonba has managed to grow the family business substantially, expanding its reach and generating a strong return on investment.
She also built Banco de Chile into the country’s second-largest bank, the world’s largest beer brewer and manager of the world’s largest copper mine.
Fontbona also controls one of the world’s largest shipping companies as well as several luxury hotel chains and a luxury resort in Croatia.
Make a major media acquisition
She struck upon an idea and acquired a 70% stake in Chilean television station Canal 13, which not only expanded the business but also helped improve local news reporting.
Many of the Santiago-based mining company’s major business decisions are made by Fontbona and then approved by management before action is taken.
Her outstanding performance in business acquisition and development has made her a very influential figure in the business world.
However, she is not the richest woman in the world, with L’Oreal heiress Francoise Bettencourt and Walmart’s Alice Walton both having much higher wealth.
Iris Fontbonne’s career income
Since taking over her husband’s company, von Bonner has achieved remarkable success with her excellent business acumen and keen eye for profit.
Under her leadership, the company’s revenue has soared a staggering 200% over the past five years, outperforming industry benchmarks.
Here is an estimated overview of Iris von Bonner’s career earnings:
- 2014 – $110 million
- 2015 – $95 million
- 2016 — $100 million
- 2017 — $130 million
- 2018 — $125 million
- 2019 — $100 million
- 2020 — $150 million
- 2021 – $265 million
- 2022 — $300 million
- 2023 – $298 million
One of her most notable achievements was the successful expansion into new international markets, increasing global market share by 150%.
Her strategic acquisitions not only boosted her shipping company’s profits but also made her the ninth richest person in the world.
Iris von Bonner’s Net Worth by Year
Fombona’s financially prudent strategy enabled the company to reduce operating costs by 25%, thereby improving profit margins and increasing net income by an impressive 50% year-over-year.
Her skilled negotiation skills enabled her to secure multi-million dollar contracts with industry giants, increasing the company’s revenue stream by 30%.
Here is a breakdown of Iris Fontbona’s net worth over the years:
- 2014 – $15.5 billion
- 2015 – $13.5 billion
- 2016 — $10 billion
- 2017 — $13.8 billion
- 2018 — $16.3 billion
- 2019 — $15.5 billion
- 2020 — $11 billion
- 2021 — $23 billion
- 2022 — $22.8 billion
- 2023 — $20 billion
personal life
Fontbonne has lived in some of the most expensive homes in the world, including Vitacura in Santiago, Chile, Belgravia in London and three residences in Liechtenstein.
She is a devout Roman Catholic, and even though she is the ninth richest person in the world, her religious beliefs still guide her and her family.
As the richest person in South America and a Chilean business tycoon, she has connections to many politicians, including Sebastian Piñera.
Although she does not usually give interviews, she is the focus of media attention during her annual fundraising show in Chile.
The event raises a ton of money for charities and good causes, and she presents a huge check every year.
She keeps a low profile and has no public social media accounts other than an official LinkedIn account which she does not use.
Awards and Achievements
Here are some highlights from Iris Fontbonne’s career:
- In 2021, she won the “Business Leader of the Year Award”
- She won the “Company of the Year” award in 2020
- By 2020, CSAV will be the 16th largest shipping line (in terms of TEU)
- Fontbano helps family-owned business CCU grow revenue to $2.2 billion in 2017
- By 2023, CCU will become the largest mineral water bottler and fruit beverage producer in Chile
As part of the restructuring, she spearheaded a sweeping digital transformation that increased online sales by 60%.
This not only increased revenue, but also strengthened customer engagement and loyalty, as evidenced by the shipping company’s 25% increase in customer retention.
How does Iris Fontbona spend her money?
Fombona led a lavish lifestyle, managing her family’s business interests while shuttling between palatial homes in Europe and Latin America.
She owns some of the most expensive properties in the world, located in London’s Hyde Park, Chile and Italy.
Fombona also devoted a great deal of attention to her children and grandchildren, ensuring that they enjoyed the benefits of her and her husband’s impressive achievements.
In addition to owning expensive jewelry, Iris also owns some of the world’s most expensive paintings, all of which are from top artists.
Summary
Alice Fombona’s stewardship of the family businesses has ensured she remains a powerful Chilean mining magnate, media proprietor and philanthropist.
Although Alice Fombona is not a global household name, her wealth and business interests make her one of the most influential people in Chile.
She overcame numerous difficulties, took over the business from her ex-husband, and together with her sons, became important players in several international industries.
Iris Fontbona’s net worth is estimated at $20 billion.
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Categories: Net Worth
Source: svlsf.edu.vn