Silvio Berlusconi Net Worth is$7.8 Billion
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Profession: Politician, Businessperson, Entrepreneur, Media proprietor
Date of Birth: Sep 29, 1936
Ethnicity: Italian people
Country: Italy
Silvio Burlusconi is an entrepreneur, and the Prime Minister of Italy, with an estimated net worth of $7.8 billion dollars. Silvio Burlusconi has served as Prime Minister for a total of eight years, the second longest amount of time a politician has spent as Prime Minister in Italy's history. His position has been surrounded by controversy, as his continuance in the post has been largely due to cabinet reshuffling as opposed to votes.
Silvio Berlusconi (Italian pronunciation: ['silvjo berlu'sko:ni] ( listen); born 29 September 1936) is an Italian politician and media tycoon who served three times as Prime Minister of Italy from 1994 to 1995, 2001 to 2006 and 2008 to 2011. Berlusconi is also the controlling shareholder of Mediaset and owner of A.C. Milan. He is nicknamed Il Cavaliere (The Knight) for his knighthood to the Order of Merit for Labour, which he received in 1977.
Berlusconi is the longest-serving post-war Prime Minister of Italy, and third longest-serving since Italy's unification, after Benito Mussolini and Giovanni Giolitti, holding three separate terms. Technically, he has been sworn in four times because after a cabinet reshuffle, as happened with Berlusconi in 2005, the new ministry is sworn in and subjected to a vote of confidence. He is the leader of the People of Freedom political movement, a centre-right party he founded in 2009. From November 2009 to November 2011, he was the most senior leader of the G8 countries. In 2012, Forbes magazine ranked him as the 169th richest man in the world with a net worth of US$5.9 billion.
Berlusconi's political rise was rapid and surrounded by some controversy. He was elected as a Member of the Chamber of Deputies for the first time and appointed as Prime Minister following the March 1994 parliamentary elections, when Forza Italia gained a relative majority a mere three months after having been officially launched. However, his cabinet collapsed after nine months, due to internal disagreements in his coalition. In the April 1996 snap parliamentary elections, Berlusconi was defeated by the centre-left candidate Romano Prodi. In the May 2001 parliamentary elections, he was again the centre-right candidate for Prime Minister and won against the centre-left candidate Francesco Rutelli. Berlusconi then formed his second and third cabinets, until 2006.
Berlusconi was leader of the centre-right coalition in the April 2006 parliamentary ele

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Silvio Berlusconi Latest News

A look at Silvio Berlusconi's political comeback

Silvio Berlusconi is set to be the kingmaker as Italy heads towards general elections. Again. We are not in 1994, when the former “Cavaliere” first took office only three months after forming his Forza Italia party, nor in 2008, when he started his ...
Posted: December 6, 2017, 7:25 am

Berlusconi ordered to trial over alleged witness tampering

Rome (AFP) - Italy's former prime minister Silvio Berlusconi was ordered Thursday to stand trial over alleged witness tampering in a case related to his notorious "bunga bunga" parties, media reports said. The ruling is the latest chapter in the scandal ...
Posted: November 30, 2017, 3:26 pm

Spring poll sets stage for Silvio Berlusconi’s return

Italy looks set to hold a general election on March 4, with the outcome likely to propel the third-largest eurozone economy into a prolonged period of uncertainty. Agreement on an election date has been reached between President Mattarella and the main ...
Posted: December 13, 2017, 4:22 pm
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