Business history

Fernando Larrain Peña, leader of 1980s economic giant, dies at 91

Chilean businessman Fernando Larrain Peña, born on January 30, 1934, died this Sunday at age 91. Leader of the country's largest economic conglomerate in the 1980s alongside his brother-in-law Manuel Cruzat, his career involved controlling over 100 companies that were intervened after the 1982 crisis. His family retains control of LarrainVial, Chile's leading investment manager.

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