Heart Of Gold: Billionaire Founder Of Corona Beer Brewery Makes EVERYONE In The Spanish Village He Grew Up A MILLIONAIRE In His Will
In what many has described as the last wishes of a man with a man with a heart of gold, a billion has made residents if his village in Spain millionaires.
All 80 residents of the sleepy Spanish village of Cerezales del Condado have just become millionaires.
But their good fortune is not the result of winning El Gordo (The Fat One), Spain’s national lottery. It is simply because the tiny hamlet was the birthplace of Antonino Fernández.
Mr Fernández was the eleventh of a family made up of 13 children and emigrated to Mexico in 1949, when he was 32.
He went on to become the CEO of Grupo Modelo, the brewery company who make Corona beer.
Mr Fernández died in August this year, aged 99, and was by then a billionaire.
Under his eccentric will, £169m was left to the residents of Cerezales, the village in Leon province where he was born and raised, with each villager inheriting roughly £2m.
Fernández was born on December 13, 1917 into grinding poverty and at the age of 14 Fernández had to leave school because his parents could not afford the fees.
After the Spanish Civil War he moved to the town of Leon in Northern Spain, where he married his wife Cinia González Díez.
In 1949, his wife’s uncle, who owned Grupo Modelo, invited the couple to move to Mexico, where Fernández began working for the brewery, as a warehouse employee.
He worked his way up through the ranks, and by 1971 he had risen to CEO and he helped make Corona not only Mexico’s most popular beer but also a huge export phenomenon, including in his native Spain where it is sold under the Coronita brand.
He maintained his position as CEO until 1997 and as Chairman of the Board until 2005, with both roles later taken over by his nephew Carlos Fernández González.
He also remained as the Honorary Life Chairman of Grupo Modelo until his death.
Corona Extra is the second most imported bottled beer in the United States, with annual sales of $693million (£556million).
Maximino Sanchez, who owns the only bar in the village, which is stocked full of Mexican beers, told the Diario de León newspaper: ‘We never had any pesete (money) before. I don’t know, what we would have done without Antonino.’
Fernández was a well-known philanthropist who never forgot his motherland and was honoured by the former King of Spain, Juan Carlos, for his charitable deeds, including his work with disabled young people.
Fernández established an organisation in Leon called Soltra, which offers employments opportunities to disabled people, as well as a similar company named after his wife, Cinia, which operates in Mexico.
He also set up the ‘Cerezales Antonino y Cinia’ Foundation in his hometown in 2009, to support rural initiatives in the area.
But it was only after his death that it was clear to the people of Cerezales how much he loved his birthplace.
The village is also getting a brand new cultural centre, paid for out of his inheritance and a local non-profit foundation with 300 employees will also benefit.
How many rich Nigerians will even do something like this??? Simply amazing.
I will do more in Jesus name.
Great…