LeaderPortfolio
family
Iris Fontbona & family
Rank #37
CHILEMetals & MiningMining

Iris Fontbona & family

Net Worth
$48.732B
-2.01% (24h)
Iris Fontbona is a Chilean businesswoman and mining magnate. As the widow of Andrónico Luksic Abaroa, she inherited and expanded his business empire, primarily in mining, through Antofagasta PLC. Her leadership has solidified her position as the wealthiest person in Chile. Fontbona and her family also hold significant stakes in various Chilean companies, including a major bank and a large brewer. Beyond her business ventures, she is known for her philanthropy, particularly her support of education and initiatives aiding children with disabilities.

The Full Dossier

Early Life

Iris Balbina Fontbona González was born in 1942 or 1943 in Antofagasta, Chile. She attended a Catholic high school. At 17, she met Andrónico Luksic Abaroa, whom she married when she was 20.

Rise to Success

Fontbona inherited her husband's vast business empire upon his death in 2005. She took control of the Luksic Group, expanding its mining, finance, and beverage holdings. Her leadership has been instrumental in maintaining and growing the family's wealth, making her the wealthiest person in Chile. Her family controls Antofagasta PLC, a leading copper producer, and Quiñenco, a major Chilean conglomerate.

Key Business Strategies

Fontbona's business approach is characterized by conservative management and a focus on long-term growth. The family maintains private ownership of their businesses, ensuring stability and control over their investments. This strategy has allowed Antofagasta PLC to become a significant player in the global copper market.

Philanthropy

Iris Fontbona is actively involved in philanthropy. She has made substantial donations to the Chilean Telethon, supporting children with disabilities. She has also financed the construction of schools in Chile, reflecting her commitment to education and community development.

Career Timeline

2015

Donated to Chilean Telethon

Made a record donation of approximately $3.9 million to the Chilean Telethon.

2005

Inherited Luksic Group

Assumed control of the Luksic Group after the death of her husband, Andrónico Luksic Abaroa.

Philanthropic Impact

Healthcare$3.9M

Chilean Telethon

Donated to the Chilean Telethon, which supports children with physical disabilities.

EducationUnknown

School Construction

Financed the construction of a new school in Antofagasta.

Wealth Trajectory