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  • 2016-11-26 (xsd:date)
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  • Did the Corona Founder Make Every Person in His Village a Millionaire? (en)
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  • On 24 November 2016, three months after the death of Corona beer founder (and Grupo Modelo chief executive officer) Antonino Fernandez, stories appeared in various news outlets reporting that he had left €200 million (about $210 million) to eighty residents of his hometown in Spain, Cerezales del Condado: While Fernandez really did pass away in August 2016, a spokeswoman from the Fundación Cerezales Antonino y Cinia — an arts and culture foundation established by Fernandez — told reporters that the billionaire did not leave much of his fortune to the individuals residing in his boyhood village: The misunderstanding seems to have stemmed from a mistranslation of articles published by Spanish-language outlets, such as the local Diario de León, which emphasized Fernandez's altruistic nature in their report following his death. However, it is not entirely clear how English-language outlets ended up with the particular story that they did: The BBC reported that the details of Fernandez's will were unknown, but that the bulk of his fortune is expected to go to his family: While it is possible that some of Fernandez's fortune will go to the place of his birth in Spain, reports that every resident of Cerezales del Condado had become millionaires overnight thanks to the generosity of a beer mogul were premature, and based purely on speculation (and possibly bad translation). (en)
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