Inheriting money is easy, but making it grow is challenging. Iris Fontbona inherited the Luksic Group after her husband’s death, and made it reach new heights of success. Today, she is one of the richest persons in Chile, having control over the largest brewer in the world, the biggest copper mines, the biggest shipping company in Chile, and the 2nd biggest bank of Chile. With an estimated net worth of US $ 11.9 billion, nothing seems to stop her in near future, and her success seems to be the ultimate woman power at its best.
Iris is Andronico Luksic’s widow, who made a fortune in beverages, mining and many other industries, and died in 2005 due to cancer. He founded Luksic Group, which includes the Antofagasta PLC, Minera Michilla, Minera El Tesoro and Minera Los Pelambres. After his death, his business was left to his wife and 3 sons, Andronico, Guillermo and Jean Paul. Iris and her sons operate Antofagasta PLC, which owns Chilean copper mines and trades on London Stock Exchange.