Around 3 pm this Tuesday, February 6, The press office of the former president of Chile, Sebastián Piñera, confirmed his death, after the helicopter he was piloting near Lake Ranco suffered a tragic accident.
According to preliminary versions of the facts, The former Chilean president was in front of the aircraft and was accompanied by three other people, whose health status is unknown.
(We recommend you read: Former President of Chile Sebastián Piñera dies in a helicopter accident).
Sebastián Piñera, who died at the age of 74, He was president of Chile during the periods of 2010-2014 and 2018-2022.
However, his professional life was not only notable in the political sphere. He also forged an extensive career in the business world.
He was a consultant to the Inter-American Development Bank (IDB). and the World Bank, he also worked in the Economic Commission for Latin America and the Caribbean.
The former president entered the private sector dedicating himself to financial advice and project evaluation. In 1978, he founded, together with a partner, his first company: the construction company Toltén, which soon had more than 100 sites.
(Also: Sebastián Piñera, the key figure of the Chilean right in the 21st century).
In 1979 created Bancard, a company that brought Visa and MasterCard credit cards to Chile. During those years he also participated as a partner in the real estate companies Las Américas and Aconcagua.
Among his projects He also highlighted the purchase of several shares of Lan Chile Airlines (Latam) in 1994.
Sebastian Píñera passed away this Tuesday, January 6, 2024.
The fortune left by former President Piñera
According to Forbes magazine, Sebastián Piñera and his family have the fifth largest fortune in Chile. His assets reach 2.9 billion dollars.
Figures from said magazine suggest that Piñera had 26 percent of the Chilean airline and that he made $1.5 billion in the business.
His family's investments include companies such as IFuture investments; Hope Investments; Millennium Investments and Consulting; Agricultural and Livestock Los Corrales; Investor San Juan; Arenas Blancas Real Estate; Hotel Lago Ranco; El Canelo Real Estate; Inmobiliaria El Mañío and DipteL; the real estate agency El Boldo and Vox Populi.
For now, the Government of Chile today decreed national mourning and the organization of state funerals for former president Sebastián Piñera
(Also: Sebastián Piñera died: this was the helicopter accident of the former president of Chile).
“He will have all the Republican honors and recognitions he deserves,” said the Minister of the Interior and Public Security, Carolina Tohá, in a brief appearance before the media from the Palacio de la Moneda, headquarters of the Presidency.
Former President Sebastián Piñera.
John Montaño/ EL TIEMPO
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*With information from El Mercurio de Chile
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