Iris Fontbona

Fortune Fontbona acquired her wealth following the death of her husband, Andrónico Luksic Abaroa, in 2005 from cancer.

The bulk of her husband's business went to their three sons, Guillermo, Jean Paul and Andrónico. Jean Paul manages Antofagasta, Luksic Group's copper mining group and one of the largest mining companies in the world. CSAV is the world's 16th largest shipping company as measured by TEUs. In 2013, she controlled 65% of Antofagasta.

Following the death of her husband, business of her husband under her control, "Fontbona managed to make their family business grow and reach its new heights of success."

This included turning the business in the second biggest bank in Chile, the biggest brewer in the world, manager of the largest copper mines in the world and controlling the world's largest shipping company. One of her first major actions following her husband's death was to acquire a 70% stake in Chilean television station, Canal 13. Much of her power in the company appears to be indirect. Major business decisions impacting the company largely run by her son, Andrónico Luksic Craig, need to be approved of by Fontbona.

Background Fontbona was born in 1942 and attended a Catholic high school. When she was 17 she met Andrónico Luksic Abaroa, who was 15 years older than her, and who married him by the time she was 20. Luksic had five children by his first wife, Patricia Lederer, who died before he did. Fontbona became the step-mother of Andrónico Luksic Craig when he was a 7-year-old.

She is a devout Roman Catholic. She keeps a low profile but garners much media attention annually during the Chilean Telethon. She has never given an interview with the media.