Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

The Corona founder hasn't actually made people from his home village millionaires

Published by Business Insider on Fri, 25 Nov 2016


The founder of Corona didn't actually make everyone in his hometown a millionaire. But that doesn't mean that they're not very grateful.This week, a story flew around the internet that Antonino Fernandez, the billionaire founder of the brewery who died this year, had left 2 million to every person in his home village. The story was reportedbymany major UK news organisations, including The Independent, the BBC and the Press Association, as well as internationallybut it wasn't strictly true.But those people in the village have said that the story has got "completely out of hand", and that they're not actually millionaires. They haven't received any money directly from Mr Fernandez, they said.But Mr Fernandez did leave a huge amount of money with his hometown, and has paid for everything from cultural institutions to churches. And he did leave money to his family in Spain, who visit the village every year and help to keep its economy going."Its simply not true, unfortunately," said Lucia Alaejos from the Fundacin Cerezales Antonino y Cinia, a cultural centre that was founded in the village with the benefit of money from the foundations."It seems someone got the wrong end of the stick and the story has just grown and grown," she told the Local Spain. "Its got completely out of hand."Rather than going to people in the vilage, Mr Fernandez, who had no children of his own, actually left a huge part of his fortune to the descendents of his siblings. As one child of 13, the Corona founder had a large number of nieces and nephews, and so did help to make a large number of them rich."Many of them still visit for some months each summer, so it is great for the village and keeps it alive," Ms Alaejos told the Local. "But the villagers wont be sharing in that inheritance directly."Join the conversation about this storyNOW WATCH: JACK DANIEL'S MASTER DISTILLER: This is the real difference between scotch, whiskey, and bourbon
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs