Paolo Berlusconi (born in Milan, 1949) is the younger brother of Italian prime minister Silvio Berlusconi. He is editor of the newspaper Il Giornale and the head of the investment group Paolo Berlusconi Finanzaria. He has been found guilty of fraud and corruption.
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Paolo Berlusconi is the third child in a bourgois 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 simulateous 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 an editor 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.
In 2002, Paolo Berlusconi has been charged for fraud and corruption, for his involvement as head of Simec in a landfill scandal in Cerro Maggiore near Milan. He was conditionally condemned to one year and nine months in prison and paying a sum of 49 million euro.
In June 2009, Paolo Berlusconi and the S.E.G. (Societa Europea Golf) had to pay 4.5 million euro in compensation and 150000 euro in legal fees to the commune of Pieve Emanuele.[1]
On 12 January 2010, he was condemned to 4 month for false invoices.[2][3]