Anacleto Angelini, Anacleto Angelini died, prominent entrepreneur
Yesterday
died the richest man in Chile, the "boss" of my boyfriend. Wednesday, August 29, 2007
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Wednesday August 29, 2007
marked the Chilean economic history
died Anacleto Angelini, prominent entrepreneur
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Your choice phrases and key episodes.
business projection of his work.
Testimonies of former presidents, industry leaders and those who worked with him.
Largely based in Chile, never wanted to renounce his Italian nationality. The Here, a moment of great joy when he received the Chilean nationality by grace with the support of all sectors of the Congress. Last night, at St Francis de Sales, the first Mass for his eternal rest.
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Wednesday August 29, 2007
How made his fortune, he developed business and became the second mogul A. America:
The story of Italian immigrant who became the richest man in Chile
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left a fortune valued at more than U.S. $ 6,000 million. Copec out as driver, a group with investments in forestry, fishing and fuels.
In recent years, the employer withdrew from the daily work of their companies and made ready his estate between his nephew and his top executives.
Anacleto Angelini came to Chile in 1948, when he was 34 years. But as hundreds of his compatriots in previous decades: its initial capital was $ 100,000, proceeds of a loan from a friend who lived Italian misadventures in Africa during the Second World War. Single
and a penchant for pasta and olive oil nearly as large their ability to work and entrepreneurship, Angelini bought that year Tajamar paint factory.
Eight years later and with the push of his brother Gino, Roberto Angelini's father, arrived in 1950 - was launched into the fishing business. Recommended by businessman Ricardo Varenne, traveled the 2,220 miles between Santiago and Arica in the small car Simca to close its first major purchase: Eperva. After convincing
poultry producers that was best fish meal grains formed Corpesca, and Iquique Chilemar precisely to market this product and was extended to shipping item, creating Astilleros Arica.
his fortune at that time was already considerable. Angelini And true to his conservative style acquired by the lack of postwar Italy, never bought with debt. His policy was always betting companies in the real economy, financial speculation ever. "A paper weight, but a dollar ... it is also a role," he was heard saying more than once, reflecting its business philosophy linked to natural resource exploitation.
When he was 45 years decided to get married, but without neglecting his passion for smoking and their streak of economic expansion was entering its business portfolio Indo Fisheries and from the forest category, Cholguán. Man
very low public profile and of character, decided to enter 70 to insurance business, founded with Benjamin Davis, with whom later would have a strong disagreement, the company Cruz del Sur.
A bet that is still, though only in the area of \u200b\u200blife-and that was his last investment, the purchase of 40% of the mutual fund company currency last week. In the eighties
Angelini was already big business in Chile. And his "golden rule" of borrowing not saved him from the debacle of 1983. With the finances of your group quite healthy, won all tenders to those postulated by entering the dairy business through Soprole and Copalca, companies Anagran joined (oils), the site Sancarrón, AFP Summa and Pesquera Iquique.
The development of forest and fuel business would be reflected strongly in 1985, when he began to take an active role in the company of Petroleos de Chile (Copec). Angelini took only one year in to take control of the company, along with their former partners from Carter Holt Harvey.
However, the takeover of the latter firm by International Paper in the nineties led to problems. And in 2000-an unprecedented event in the philosophy Angelini, the group is indebted to JP Morgan to pay U.S. $ 1,233 million New Zealanders wanted out of society. The play, yes, allowed the holding of investments Angelini, AntarChile, keep 60.1% of Copec.
Under this operation, in 2000, AntarChile capital increased by U.S. $ 618 million and joined Arauco.
A year earlier, he had the turn to the fisheries sector. To improve competitiveness and to exploit synergies in the sector, Angelini Consortium completed the establishment of Fish Norte SA, which brought Pesquera Iquique Eperva and Guyana with Pesquera Coloso, owned by the Menendez family Lecaros.
In the energy sector, began acquiring and distributing as Saesa Frontel, besides having a stake in Compania General de Electricidad (CGE). He also participated in the pipeline GasAndes. The decision to enter this area came in 1996 when he joined Guacolda operations, Arauco generation and the purchase of a 10% Chilgener.
However, in 2000, after taking control of Copec, the group decided to disinvest in the electricity sector and sell the 19% stake in AES Gener to the Corporation and 7.8% who remained in the CGE.
In recent years, the group was faced with one of the greatest conflicts of its history: the environmental argument for the construction and operation of pulp mill in Valdivia. The work led to rejection by the population, especially when the operation was linked to the deaths of black-necked swans living in the river area. A chapter that was repeated, this time in Region VII, with renowned plant pollution of the river Licancel Mataquito, resulting in fish kills in the area.
MANY FACES 50 YEARS
Anacleto Angelini had the same secretary: Elena Leiva.
DOS of the toughest moments in his life were the deaths of his brother Gino (1994) and his friend and adviser Aquiles Portaluppi (1989). ANGELINI
won several awards: Award Icare, Knight of Labour, the Italian government, and commander of the Order of St. Gregory, given by John Paul II.
former presidents: "Honest and hardworking"
Angelini Ricardo Lagos said on March 2002: "Anacleto Angelini was instrumental in the discovery stage of how to grow in a country with tremendous barriers for protection, a country that gives that should lower the barriers of protection and dare to compete. " He added that "I want to use this forum to make a tribute to Anacleto Angelini, because at times the captains of companies appear much more in store in the foreground, but ultimately they are the entrepreneurs who open the route."
Eduardo Frei Ruiz-Tagle in January 2004 said it has "the best impression of him. He is a prominent businessman, a person of great virtues, honest and industrious, who throughout his career has had a strong commitment to Chile . Although not born here, their dedication and contribution to the country has been instrumental in our development, creating thousands of jobs for Chileans. " His sentences chosen
"I've never closed the door of my office and I like people I work with do. I want to come every time I need and I can do the same." 1985
"When they reached the British occupation troops in Abyssinia I got to know firsthand the reality of concentration camps. I lived there many adventures that I would not remember, until 1945 I managed to escape. "
1985
A good manager must be a good coordinator, a good companion. There can be a good employer if you work with teams of people, you do not know train. The cooperation of the people who comprise the company is for me a natural, instinctive. On the other hand, the entrepreneur must know how to delegate, because you can not do anything alone. " 1985
"I thank God guided me in due course to this beloved land where I was fortunate to find the companion of my life and a new family I've always had of me as I left in Italy. "
1982
" It really hurts to note that many groups are just looking to get their sliced.
1985
"I did my time in youth sport, soccer, cycling The work made me stupid, now only way. "
1994
IN APPOINTMENT
The business world recognized his legacy.
" Anacleto Angelini was a visionary, a tremendous businessman and, most importantly, made an important contribution development of Chile, even in periods when the economic situation was not the best. "
Horst Paulmann, Cencosud
"A truly remarkable entrepreneur with a great vision and a man who was also very correct in everything he does, a true gentleman." Thus, he stressed that "leaves a tremendously positive legacy. Hopefully in the future there are more entrepreneurs like him."
Ramon Aboitiz, Koppers
"From my point of view, its great merit and teaching was undertaken without ever resting, adapt to change and governments that he lived, and always believing that tomorrow can be better than yesterday ".
Jose Yuraszeck,
Undurraga
"It's a tremendous loss, has been one of the most prominent businessmen has been Chile in recent years and in various sectors. It's a guy who started from scratch and ended up having the most relevant company in this country. "
Alfredo Moreno, Business Dersa
" A man with vision and that was very valuable to Chile. Hopefully reach hundreds of Anacleto Angelini.
Sebastián Piñera, LAN
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