Everyone In This Tiny Village Is a Millionaire, Thanks To This Man

The billionaire founder, who died aged 98 in August, battled poverty when he was a child. He had to drop out of school because his parents couldn’t afford the fees.

UPDATE: Corona founder Antonino Fernandez did not, in fact, leave the 80 people of his native Spanish village Cerezales money in his will, Mashable exclusively reports

Lucia Alajos, the communications department chief of Fernandez's project Fundación Cerezales Antonino y Cinia, has discredited the story. She said,

"I can confirm he didn't leave money to his villagers in his will. His family recently opened his will and we actually don't know who got the money from the inheritance. But it's definitely not the town or his neighbors. Some family members have a house in the village, but they don't live there. They just come during the holidays."

The reports, which widely circulated the internet, allegedly originated from the local newspaper, Diario de León. 

It was a nice thought, we suppose.


Spanish businessman

A Spanish businessman has left around £2 million ($2.5 million) to every single resident of his hometown village he grew up in.

Antonino Fernández, the founder of Corona beer, died aged 98 in August. In his will, he bequeathed a massive share of his estate — valued at around $210 million — to the 80 residents of the small village of Cerezales del Condado, in the province of Leon in Spain.

Fernández was one of 13 children. Although he died a billionaire, while growing up, his family battled poverty. In fact, he had to drop out of school to work in the fields because his parents could no longer afford the fees.

In 1949, 32-year-old Fernández moved to Mexico to work in Grupo Modelo, a large brewery in the country, where he later founded Corona beer, which went on to become one of the best-selling in the world.

Corona was introduced in 1981 in the United States, where it became the second most imported bottled beer.

While working as the CEO of the brewery from 1971-1997, Fernández didn’t forget to give back to his birthplace. He established a company in León, providing jobs for hundreds of people, including people with disabilities. He also started the Cerezales Antonino y Cinia foundation to help rural development in his village.

"I do not know what we would have done without Antonino. We used to have no Pesete,” Maximino Sanchez, the owner of the only bar in the village, told the local newspaper Diario de León.

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