What is Roberto Angelini Rossi's Net Worth?
Roberto Angelini Rossi is a Chilean billionaire who has a net worth of $1.7 billion. Roberto Angelini Rossi is an industrial civil engineering graduate from Pontificia Universidad Católica de Chile. He started his professional career with Lever Chile S.A. In 1976, he went on to work as an engineer in a fishing plant in Arica, in the north of Chile, where he began his professional career with the The Angelini Group, founded by his former billionaire uncle Anacleto Angelini. At the time, he held several executive and director level positions before assuming his present board member role. Being a nephew to the founder, Angelini Rossi now heads the family business and holds the largest share of the family's holdings. The Angelini Group has made various investments in fishing, mining, copper, timber and natural gas, through publicly traded companies Antarchile, Siemel, and Eperva.
Expanding its holdings in Chile, Rossi also leaded the group abroad, making a deal with Scandinavian paper maker Stora Ensa in 2009 to build a eucalyptus pulp mill in Uruguay. The Angelini Group continued its expansion, and by the end of 2010 it purchased a 59% stake in Proenergia, a Colombian gas and fuel distributor, for $45 million. Additionally, Roberto Angelini Rossi is the CEO of Empresas Copec S.A., Chile's leading forestry industry conglomerate and one of the largest in the world. The company is mostly active in the forestry industry through Arauco (Celulosa Arauco y Constitución), but it is also present in the electric energy segment, through Empresa Eléctrica Guacolda, and in mining via Sociedad Minera Isla Riesco and Minera Can-Can. Plus, it has the highest volume of production, sales, and forestry assets in South America, and it holds investments in Argentina, Brazil and Uruguay. The billionaire, who was ranked by Forbes as #5 among wealthiest people in Chile for 2012, is married with four children.
