Introduction
Iris Fontbona is a South American billionaire businesswoman who currently resides in Chile. As one of the few women at the top of her industry, she has made a name for herself in the world of tech and finance.
In addition to leading her own businesses, Iris also runs ambitious charity initiatives throughout South America that contribute to the health, education and well-being of many sectors of society.
Along with her husband Andronico Luksic Abaroa and four children, she currently manages a multinational empire consisting of investments, stocks, real estate and other assets across multiple countries.
Early Life
Even though Iris Fontbona has achieved immense success, her life started very humbly, which stems from her family’s humble beginnings. From an early age, Fontbona worked odd jobs such as loading cargo ships and washing dishes while growing up in Valparaiso, Chile. She eventually married Andronico Luksic, who was from a small mining family and had inherited the small copper mining company the family-owned.
Together they built it into a conglomerate that grew their wealth exponentially. They also raised three children including Jean Paul Luksic Craig, and Guilherme Luksic Craig.
Net Worth
Iris Fontbona and her family are often considered to be among the wealthiest in Chile and the world. The latest annual report valued their net worth at a staggering $23.9 billion, making them the wealthiest people in Latin America as of 2019.
A major contributor to this immense fortune is Luksic Group, a Chilean-based industrial conglomerate with investments worldwide. This group was established by Iris’ late husband, Andronico Luksic, in 1960, which he passed on to his widow and four children upon his death in 2005.
Trivia
Despite their impressive wealth and success, the Fontbona family maintains strong roots with their local communities in South America by dedicating time and financial resources to projects, including those involving health, education and poverty alleviation.
Although their wealth can be considered largely passive due to its accumulation from assets like stocks, bonds and real estate, Iris works actively with her children today to make sure that their many businesses continue to flourish despite any economic turmoil.
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