Aug
20
Benetton Wealth Falls $2 Billion After Italy Bridge Collapse
ByFallout from the Genoa bridge disaster has erased about $2 billion of net worth from one of Italy’s richest families.
The billionaire Benettons control 30.25 percent of Atlantia SpA, the construction company and toll-road owner that operated the Morandi Bridge that collapsed last Tuesday, killing at least 43 people. The Atlantia stake is their single-largest asset, comprising more than a third of their $13.3 billion fortune, according to the Bloomberg Billionaires Index…
Benetton Wealth Falls $2 Billion After Italy Bridge Collapse