Experts Calculate Berlusconi's Wealth: He Was Italy's Third Richest Person

Former Italian Prime Minister Silvio Berlusconi was one of the richest people in the country. His estate is estimated to be around $5 billion. Following the news of Berlusconi's death on June 12, experts from the Italian newspaper Corriere della Sera examined his wealth.

The former prime minister was Italy's third richest person. It is reported that the majority of Berlusconi's wealth is attributed to his holding company, Fininvest. The political figure also owned several villas, houses, and palaces both in Italy and abroad. His estate will be passed on to his five children and 16 grandchildren.

It is worth noting that former Italian Prime Minister Silvio Berlusconi passed away yesterday, June 12, at the age of 87.