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Iris Fontbona & family

Iris Fontbona & family

I. family
0.19% | + $93.32M
$50.4 B ₹ 4.58 Lk Cr
Real Time Net Worth #35 Ranking as of 21 Feb 2026 By Forbes

More on Iris Fontbona & family

Gender

Female

Age

84Y

Country

Chile

Born On

January, 1942

Deceased

No

Relationship Status

Widowed

Children

5

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Luksic Group

Titles

Matriarch

Sources of Wealth

Antofagasta, Luksic Group

Industry

Mining, Metals, Finance, Food & Beverage

About Iris Fontbona & family


I ris Fontbona is a Chilean billionaire and the matriarch of the Luksic family, the wealthiest family in Chile and one of the richest in Latin America. She is the widow of Andrónico Luksic Abaroa, who built a massive and diversified business empire. Upon his death in 2005, she and her three sons inherited his vast fortune and control of the family's business, the Luksic Group.

The Luksic Group is a powerful conglomerate with major and often controlling stakes in a number of key sectors of the Chilean and Latin American economy. Its main holdings are in mining (through Antofagasta PLC, one of the world's largest copper producers, which is listed in London), banking (Banco de Chile), and beverages (CCU, a major beer and soft drink producer). While her son, Jean-Paul Luksic, chairs the mining division, Iris and the rest of her family oversee their vast and powerful business empire, making them the most influential business dynasty in their country.

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Quick Reads


  • The matriarch of Chile's richest family.
  • Widow of the tycoon Andrónico Luksic Abaroa, from whom she inherited her fortune.
  • Her family controls Antofagasta, one of the world's largest copper mining companies.
  • Also has major stakes in banking (Banco de Chile) and beverages (CCU).
  • She and her sons control the massive Luksic Group conglomerate.

Early Life and Background


Iris Balbina Fontbona González is a Chilean billionaire businesswoman, the widow of Andrónico Luksic Abaroa (d. 2005), and the richest person in Chile. Her colossal wealth is rooted in the Luksic Group, a massive industrial and financial conglomerate spanning mining (Antofagasta PLC), banking (Banco de Chile), beverages (CCU), and shipping (CSAV).

Fontbona was born in Antofagasta, Chile, in 1944. She married Andrónico Luksic Abaroa at age 20. Her career is defined by generational stewardship and fiduciary oversight of the complex family empire. After her husband's death from cancer in 2005, she and her three sons (and her stepson) inherited and managed the vast holdings.

  • Antofagasta PLC (Controlling Shareholder): The core industrial asset, a global leader in copper mining (listed on the London Stock Exchange).
  • Quiñenco (Majority Owner): The publicly traded holding company controlling Banco de Chile (banking), CCU (largest brewer), and CSAV (shipping).
  • Stewardship Role: All major business decisions impacting the core company require her approval.
  • Philanthropic Focus: She is famous for record-breaking donations to the Chilean Telethon.

Career Journey of Iris Fontbona & family


Iris Fontbona's role is primarily one of guiding the strategic direction of the Luksic Group, which is run by her sons (e.g., Jean-Paul Luksic manages Antofagasta). Her structural strength lies in her veto power—major business decisions require her approval, ensuring family control over the entire conglomerate.

She aggressively consolidated some assets, notably acquiring a 70 percent stake in the Chilean television station, Canal 13, shortly after her husband's death. The family is a major global force in shipping (CSAV is the world's 16th largest shipping company). Her immense wealth is secured by the long-term, stable returns generated by the global copper market and her diversified holdings in Latin American finance and industry.

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Iris Fontbona & family's Timeline


2005:

Her husband, Andrónico Luksic Abaroa, passes away; Iris inherits the bulk of the fortune (Inheritance/Succession).

Ongoing:

Acquires a 70 percent stake in the Chilean television station Canal 13 (Media Acquisition).

2015:

Donates a record CL$3.1 billion to the Chilean Telethon (Philanthropic Milestone).

Ongoing:

Continues as Matriarch and Controlling Shareholder (Executive Oversight).

Major Business Ventures and Investments


Iris Fontbona's wealth is concentrated in her family's controlling stake in the publicly traded mining and financial conglomerates, Antofagasta PLC (LSE: ANTO) and Quiñenco.

  • Antofagasta PLC (Controlling Shareholder): The core industrial asset, a global leader in copper mining (listed on the London Stock Exchange).
  • Quiñenco (Majority Owner): The publicly traded holding company controlling Banco de Chile (banking), CCU (largest brewer), and CSAV (shipping).
  • Stewardship Role: All major business decisions impacting the core company require her approval.
  • Philanthropic Focus: She is famous for record-breaking donations to the Chilean Telethon.

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Philanthropy and Social Impact


Iris Fontbona is a major global philanthropist. Her structural social impact is tied to Antofagasta's role as a massive industrial employer and foundational supplier of copper (a key global commodity). Her company's holdings in Banco de Chile are essential to the nation's financial stability.

Her personal philanthropy is immense and visible: she is famous for her record-breaking donations to the Chilean Telethon, contributing billions of Chilean pesos to aid children with disabilities. She also owns luxury hotel chains and real estate globally.

Fashion, Style, and Lifestyle


Iris Fontbona maintains the discreet, composed style of a Chilean matriarch. Her attire is consistently high-quality and elegant, favoring tailored conservative clothing. Her aesthetic reflects her stability and profound financial authority, preferring a low public profile despite her immense wealth.

Residing in Vitacura, Santiago, Chile (with other residences in London and Liechtenstein), her luxury is the immense security and financial reward derived from her multi-billion dollar fortune. Her life is dedicated to the stewardship of her family's legacy, managing the global mining and financial empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • She is the richest person in Chile and controls the Luksic Group (mining, banking, beverages).
  • Her family controls Antofagasta PLC (copper mining) and Banco de Chile.
  • She is famous for record-breaking donations to the Chilean Telethon.
  • All major business decisions require her approval.
  • Her family owns CSAV, the world's 16th largest shipping company.
  • She is a devout Roman Catholic.
  • Her wealth is estimated at $25.8 billion (February 2025 estimate).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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