Corona Beer Founder Made Residents Of His Village Millionaires

Corona Beer Founder

Antonino Fernandez, Corona beer founder, has left £2 million for every resident of his village in the province of Leon, Northwest Spain.

Antonino Fernandez died aged 98 in August and left everything he inherited which amounts to £169 million to the 80 residents of his village Cerezales del Condado according to his will, as reported by Mail online.

This unexpected windfall has sparked celebrations in the village. The villagers are rejoicing on this unannounced fortune that will help them battle poverty.

Antonino was born in Cerezales del Condado in Spain in 1917. He was one of 13 children. Owing to poverty, he dropped out of school at the age of 14. To sustain his family, Antonino worked in the fields. He emigrated to Mexico in 1949 at the age of 32, to work with Grupo Modelo in a warehouse.  With his hard work and sheer determination, he made his way up through ranks to become the CEO of the company in 1971.  His company is known for its beer Corona which is the second most imported bottled beer in the United States with annual sales of  £556 million. He handed over his organisation to his nephew and left as the Chairman of the Board.

He set up an organisation called Soltra in Spain and Mexico which offers employment opportunities to disabled people. He was honoured by the King of Spain Juan Carlos. He also established ‘Çerezales Antonino y Cinia’ foundation which operates in his hometown to support rural initiatives. His philanthropy and altruism fetched him many prestigious awards.

The villagers realised his love for his birthplace after he left his fortune to the villagers in his will.

The post Corona Beer Founder Made Residents Of His Village Millionaires appeared first on The Logical Indian.


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