Paolo Berlusconi

Paolo Berlusconi (born 6 December 1949) is an Italian entrepreneur and publisher. He is the publisher of the newspaper Il Giornale and the head of the investment group Paolo Berlusconi Finanzaria.

Born in Milan, Paolo Berlusconi is the third child in a bourgeois Milan family and the younger brother of Silvio Berlusconi. He has four children, two from his first marriage with Mariella Bocciardo (Alessia and Luna Roberta) and two from his second marriage with Antonia Rosa (Davide Luigi and Nicole). In 1996 he divorced his second wife and since 2000 he had relationship with the model Katia Noventa and from 2001 to 2006 with the showgirl Natalia Estrada.

In 1990 an Italian law was passed that prohibited the simultaneous ownership of a newspaper and a television station (the Mammi law). Thereafter Silvio Berlusconi, owner of three television channels and the daily Il Giornale, ceded control of the newspaper to his brother Paolo. Silvio Berlusconi kept a minority interest through the Mondadori group. Paolo Berlusconi is still the publisher of Il Giornale.

Since the early nineties, the Paolo Berlusconi Finanziaria s.r.l (PBF) bought part of Fininvest as well as directly investing in various other sectors such as construction (Italcantieri), real estate (gruppo Edilnord), textile (Zambieti) and media (Solari.com s.r.l). In 2011, PBF strengthened its influence in the publishing sector by acquiring a majority share of the newspaper Il Foglio, taking over the 38% of the shares held by Veronica Lario, the second wife of Silvio Berlusconi.

On 3 February 2013 Paolo Berlusconi, in his capacity as vice president of AC Milan Football Club, appeared to be caught on video referring to footballer Mario Balotelli in racially derogatory terms.

In 2002, Paolo Berlusconi was charged with fraud and corruption for his involvement as head of Simec in a landfill scandal in Cerro Maggiore near Milan. He was conditionally sentenced to one year and nine months in prison and fined a sum of 49 million euro.

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