Silvio Berlusconi gestures prior to a 2016 soccer match in between his a/c Milan and SS Lazio in Milan, Italy.
Marco Luzzani|Getty Images
Silvio Berlusconi, the billionaire media magnate who acted as the premier of numerous Italian federal governments over 9 years, has actually passed away at age 86, Italian media stated Monday.
CNBC was unable to instantly validate the reports.
The magnate struggled with numerous severe conditions, consisting of Covid-19, which led to duplicated hospitalizations starting in September 2020.
BornSept 29, 1936, Berlusconi dealt with various scandals and trials over tax plans and sexual experiences. He was as soon as founded guilty, however later on cleared, of charges of making love with a minor club dancer, Karima El-Mahroug, at one of his wild “bunga bunga” celebrations.
Berlusconi was the managing investor of Mediaset, Italy’s biggest industrial broadcaster.
In June 2023, his fortune was approximated at around $7 billion. He likewise owned the Italian football club A.C. Milan from 1986 to 2017.
He led federal governments– from 1994 to 1995, 2001 to 2006 and 2008 to 2011– and considering that 2019 had actually acted as a member of the European Parliament, where he had actually likewise served from 1999 to2001 At a 2009 project rally throughout his last stint as leading, he was struck in the face by a psychologically ill male wielding a statuette of the Milan cathedral. The bloody attack broke Berlusconi’s nose, cut his lip and knocked out 2 teeth.
His 9 years as prime minister made him the third-longest head of federal government in Italy after fascist totalitarians Benito Mussolini and Giovanni Giolitti.
He had actually assured– however stopped working– to offer his properties in Mediaset when he was prime minister.
In 2013, Berlusconi was founded guilty on charges that he spent for sex with the 17- year-old El-Mahroug at one of his celebrations and was sentenced to 7 years in jail and prohibited from public workplace for life. Two years later on, Italy’s greatest court purchased him acquitted.
Berlusconi was wed two times and had 5 kids.
— CNBC’s Sam Meredith added to this report.
