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Farewell to Ligresti: brick, finance and convictions

Salvatore Ligresti, also known as Mister 86%, real estate developer and financier, protagonist of Milan to drink in the 5s and of the so-called parlor of Mediobanca, has passed away at the age of XNUMX, then overwhelmed by debts and convictions that marked the end of his empire

Farewell to Ligresti: brick, finance and convictions

Salvatore Ligresti, Sicilian by birth and Milanese by adoption, leading real estate developer and financier, a great friend of Enrico Cuccia and Bettino Craxi, died in a Milanese clinic at the age of 86. they overwhelmed together with his Fondiaria, stripped from his family of hundreds of millions of euros and the last stage in the ruin of his empire.

For a long time Ligresti had been one of the protagonists of the so-called Milan to drink and of the wild real estate development of the Lombard metropolis, but in the end the debts and judicial processes had overwhelmed him, remedying a 6-year sentence for false accounting and market manipulation for Fonsai and another 5-year-old for insider trading in the Premafin affair.

In addition to the real estate market, Ligresti played a leading role in Milanese finance, also thanks to the support guaranteed to him by Mediobanca: he was nicknamed "Mister 5%" because he was used to buying stakes in the most important groups of the 92s and 112s, from Mediobanca to Sai and from Pirelli to Gemina, weaving crucial relationships in the capitalism of the time based on the so-called parlor, which eventually dumped him. At the time of Tangentopoli, in 'XNUMX, he was arrested for corruption in contracts for the Milan Metro and the Northern Railways, and spent XNUMX days in prison without saying a word. But his honor was compromised forever.

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