Teresa Matilde Solari Falabella Net Worth is$3.4 Billion
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Teresa Matilde Solari Falabella Net Worth: Teresa Matilde Solari Falabella is a Chilean heiress who has a net worth of $3.4 billion. Being a member of Solari Falabella family makes Teresa one of the richest people in Chile. Her family owns SACI Falabella, Chile's largest and oldest retail company. In 1889, Teresa's ancestor, Salvatore Falabella, an Italian emigrant, launched the first Falabella tailor shop. The company noticed a huge growth in the 30s under the leadership of Alberto Solari, one of the husbands of Falabella's granddaughters, who managed to expand the store with women's garments and housewares. Later in 1958, Falabella became a department store, and soon, the company was growing further with opening new stores in different cities and locations. Eventually, Falabella has developed into a Latin powerhouse that has over 80,000 employees across Peru, Columbia, Chile and Argentina. Moreover, the Company has announced that it plans to make a large $3.92 billion-worth investment through the period of 2013 to 2017. Teresa owns shares of Falabella together with her two children, Maria Francisca Cortes Solari and Juan Carlos Cortes Solari.

Teresa Matilde Solari Falabella Latest News

Falabella Billionaires Surface With ‘Low Profile’ Fortune

Maria Luisa Solari Falabella’s stake of at least 8.8 percent gives her a fortune of $2.3 billion, while Teresa Matilde’s 12.2 percent holding is valued at $3.2 billion. Liliana Maria owns 4 percent of Falabella, valued at $1 billion, while her two ...
Posted: January 15, 2013, 12:46 pm

Teresa Matilde Solari Falabella Net Worth

Teresa Matilde Solari Falabella Net Worth: Teresa Matilde Solari Falabella is a Chilean heiress who has a net worth of $3.4 billion. Being a member of Solari Falabella family makes Teresa one of the richest people in Chile. Her family owns SACI Falabella ...
Posted: January 11, 2014, 11:26 am

Brazilian people of Italian descent

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Category:Brazilian_people_of_Italian_descent — Please support Wikipedia. This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet ...
Posted: November 19, 2016, 2:24 am
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