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Chilean billionaire of Croatian descent Andronico Luksic dies of cancer

Izvor: HINA
SANTIAGO, Aug 19 (Hina) - The Chilean billionaire of Croatian descent,Andronico Luksic Abaroa, who built one of South America's biggestbusiness empires, died of cancer on Thursday at the age of 76, Reutersnews agency reported on Friday citing local television stations.
SANTIAGO, Aug 19 (Hina) - The Chilean billionaire of Croatian descent, Andronico Luksic Abaroa, who built one of South America's biggest business empires, died of cancer on Thursday at the age of 76, Reuters news agency reported on Friday citing local television stations.

Luksic, whose personal fortune was recently estimated at US$1.6 billion, had business interests in the brewing, fishing, banking and telecommunications industries in Chile, Reuters said.

He was the son of a Croat who emigrated to Chile in 1910, and his family was a major shareholder in Chile's second largest bank, Banco de Chile.

Luksic was also involved in the privatisation process in Croatia in the 1990s.

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