Late Billionaire Leaves All His Childhood Villagers A Fortune, Making Them Millionaires


Late Spanish Billionaire, Antonino Fernández has willed £169m to the residents of Cerezales del Condado, the village in Leon province where he was born and raised, with each villager inheriting roughly £2m.

All 80 residents of the sleepy Spanish village of Cerezales have just become millionaires, all thanks to the late Billionaire and his eccentric will.

Antonino Fernández, former Chairman of the Grupo Modelo group in Mexico, died at the age of 99 in August this year. Even though he was a billionaire at the time of his death, the initial part of his life was spent battling poverty in Cerezales del Condado.

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Born in 1917 into a family made up of 13 children, Fernández was forced to leave school at the age of 14 as 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.

Antonino Fernández

In 1949, at the age of 32, Fernández moved to Mexico to work at his wife’s uncle’s company, Grupo Modelo. Starting off as a warehouse worker, he climbed up the ranks slowly, becoming the CEO in 1971, a position he held till 1997.

Fernández remained the Chairman of the Board until 2005 and the Honorary Life Chairman of Grupo Modelo, which manufactures the Corona Extra beer, until his death.

Corona Extra is the second most imported bottled beer in the United States, with annual sales of $693million (£556million).

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.

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He also set up the ‘Cerezales Antonino y Cinia’ Foundation in his hometown in 2009, to support rural initiatives in the area.

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