Iris Fontbona’s Impressive Net Worth

Iris Fontbona’s net worth stands at
$13 Billion

Insight into Iris Fontbona’s Life

Iris Fontbona, born in 1943 in Antofogasta, Chile, of Spanish (Catalan) descent, is widely recognized for her authority over Antofogasta Plc. Forbes has placed Iris as the wealthiest individual in Chile and the 82nd richest in the world as of 2015.

Forbes estimates Iris Fontbona’s net worth to be over $14 billion, with the majority of her wealth having been inherited and stemming from her control of the Antofogasta conglomerate.

Iris Fontbona’s Net Worth: $14 Billion

Iris Fontbona was married to Andronico Luksic, who she wed in 1961. Luksic amassed a fortune in mining, beverages, and other industries before passing away from cancer in 2005. He was the son of a migratory father from Croatia and a Bolivian mother.

Iris Fontbona’s narrative largely revolves around her husband: Luksic expanded his business ventures, leaving them to his wife and their three sons: Jean-Paul with Iris, and Andronico and Guillermo (who succumbed to lung cancer in 2013) with his first wife Ena, who passed away in 1959. It appears that two daughters from Luksic and Iris have limited involvement in managing the businesses.

Iris Fontbona stands as the matriarch of Chile’s wealthiest family and, along with her two sons, commands 65% of Antofogasta Plc, which is listed on the London Stock Exchange and possesses copper mines in Chile. The family also maintains a controlling interest in Quinenco, a publicly traded Chilean conglomerate engaged in banking (Banco de Chile), beer brewing (Compania Cervecerias Unidas SA, the largest brewer in Chile), transportation (Compania Sudamericana de Vapores, Latin America’s largest shipping company), as well as energy and port services. Additional family assets include two hotel chains in Croatia—Adriatic Luxury Resorts and Laguna Porec. Jean-Paul serves as the chairman of Antofogasta, and Andronico heads the financial department while also chairing Quinenco.

Predictably, since taking over the family businesses, Iris’ net worth has persisted in steadily increasing. When Luksic passed away in 2005, his net worth was estimated to be $15 billion, and despite global financial challenges since then, Iris’ net worth has been sustained, with significant sums also attributed to her sons, totaling more than $20 billion.

All of Iris’ children and step-children have expanded their own families, yet beyond this, the family’s private life remains just that, and little is known about Iris or their personal lives outside of the business domain.