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Tuesday, March 29, 2011

Berlusconi declared $71m in 2010


Silvio Berlusconi, one of Italy's richest men, declared 40.89 million euros (S$71 million) in revenue for 2009, according to his tax returns released on Monday. -- PHOTO>REUTERS

ROME - PRIME Minister Silvio Berlusconi, one of Italy's richest men, declared 40.89 million euros (S$71 million) in revenue for 2009, according to his tax returns released on Monday.

His former ally-turned rival Gianfranco Fini, the speaker of parliament, declared 189,530 euros while centrist leader Francesco Rutelli declared around 182,000 euros.


On the opposition side, Antonio Di Pietro, head of the centre-left Italy of Values party, declared 177,000 euros while Pier Luigi Bersani, chief of the Democratic Party, declared 137,000 euros.

The previous year, Mr Berlusconi, the billionaire media magnate who on Monday appeared before a judge for the first time in eight years over allegations of business fraud, had declared 23.05 million euros.

According to the annual ranking by the US Forbes magazine published early this month, Mr Berlusconi is Italy's third richest person, with a fortune estimated at 7.8 billion dollars.

He trails Nutella boss Michele Ferrero, who is worth 18 billion dollars, and Leonardo Del Vecchio, head of luxury goods maker Luxottica, who is worth 11 billion dollars. -- AFP

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