Home » Berlusconi, how much it costs to maintain his villas. The figure you would never expect

Berlusconi, how much it costs to maintain his villas. The figure you would never expect

by admin
Berlusconi, how much it costs to maintain his villas.  The figure you would never expect

This is how much it costs to maintain Silvio Berlusconi’s villas. The six-figure number

Il real estate assets of the Berlusconi hides a bitter truth. As shown in the 2022 budget of Hydra real estate, the company that manages the family’s largest properties, has an operating cost of no less than 24 million euros. From the cards, in possession of the Messengerit turns out that against a net worth of Hydra of 176 million, the total value of the properties amounts to 412 million.

READ ALSO: Berlusconi’s villas go up for sale. For the residence in Cannes, 12 million were asked

Hydra it has a debt to shareholders (the late Berlusconi and his two grown children) of around 76 million and a debt to bondholders of 178 million. Exposure to the banking world is limited, 229,036 euros, while exposure to suppliers is significant: 4.8 million, an increase of 748,997 euros compared to the 4.1 million of the previous year. Trade payables consist of invoices to be paid for 3 million and invoices to be received for purchases or services made during the year for 1.8 million, as reported The morning.

READ ALSO: Mfe, green light for listing on the Spanish stock exchanges

Subscribe to the newsletter

See also  Strikes for the four-day week despite a shortage of skilled workers: What's behind them?

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy