Guillermo Luksic of Chile’s Richest Family Dies of Lung Cancer
March 28, 2013 by Avila Capital Markets, Inc.
Guillermo Luksic Craig, who bet part of Chile’s biggest fortune on turning around Latin America’s largest container shipping company, died yesterday of lung cancer. He was 57.
As chairman of holding company Quinenco SA (QUINENC), Luksic plowed more than $1 billion into Cia. Sud Americana de Vapores SA in the past two years after it lost a record $1.25 billion in 2011. The purchase added to a family business estimated by Bloomberg at $16.8 billion and that includes Chile’s leading bank and brewer, as well as mining assets.
Read full article…