BillionaireNet
family
Iris Fontbona & family
Rank #39
CHILEMetals & MiningMining

Iris Fontbona & family

Net Worth
$42.312B
+0.62% (24h)
Iris Fontbona, born in Chile in 1942 or 1943, is a prominent figure in the world of business and is known for her significant wealth. As the widow of Andrónico Luksic Abaroa, she inherited and expanded upon the family's business empire after his passing in 2005. This empire is primarily rooted in the mining industry, most notably through Antofagasta PLC, a major copper producer listed on the London Stock Exchange. Beyond mining, the Fontbona family also holds substantial stakes in Quiñenco, a diversified conglomerate with interests in banking (Banco de Chile), beverages (CCU), and shipping (CSAV). Fontbona has consistently been recognized as one of the wealthiest individuals in Chile and a leading figure in Latin America. She maintains a relatively low public profile while overseeing the family's extensive business holdings and engaging in philanthropic activities.

The Full Dossier

Early Life

Iris Balbina Fontbona González was born in Chile in 1942 or 1943. Details about her early life are limited, as she maintains a low public profile. She attended a Catholic high school and later married Andrónico Luksic Abaroa at the age of 20.

Rise to Success

Iris Fontbona's prominence in the business world came after the death of her husband, Andrónico Luksic Abaroa, in 2005. She inherited a vast business empire, which she and her family have since expanded. This empire includes significant holdings in mining through Antofagasta PLC, a company listed on the London Stock Exchange. The family also controls Quiñenco, a publicly-traded conglomerate with diverse interests in banking, beverages, and shipping.

Key Business Strategies

The Fontbona family's business strategy has focused on maintaining a diversified portfolio and a long-term growth perspective. Jean-Paul Luksic is the chairman of Antofagasta. Major decisions impacting the company require her approval. The family has also invested in real estate and industrial projects in Chile and abroad.

Philanthropy

Iris Fontbona is known for her philanthropic contributions, particularly in Chile. In 2015, she made a record donation of approximately $3.9 million to the Chilean Telethon. In 2016, she donated approximately $5.5 million to the same event, setting new fundraising records.

Career Timeline

2023

Andrónico Luksic stepped down from heading Quiñenco

Andrónico Luksic, who headed up Quiñenco since 2013, stepped down in December 2023.

2016

Chilean Telethon Donation

Donated approximately $5.5 million to the Chilean Telethon, which helped set a record for the charity event.

2015

Chilean Telethon Donation

Donated a record of approximately $3.9 million to the annual Chilean Telethon, supporting children with physical disabilities.

2005

Inherited Antofagasta PLC

After the death of her husband, Andrónico Luksic Abaroa, she inherited control of Antofagasta PLC, a major copper mining company.

Philanthropic Impact

Children's welfare$3.9M

Chilean Telethon

Donation to the annual Chilean Telethon, a charity event supporting children with physical disabilities.

Children's welfare$5.5M

Chilean Telethon

Donation to the annual Chilean Telethon, a charity event supporting children with physical disabilities.

Wealth Trajectory