Antonio Fernandez, one of the founders of the Corona Beer empire, gave millions to the village where he was born in Spain.
When Antonino Fernandez, one of the founders of the Corona Beer empire passed away, it was reported that he left $2 million to each resident of the village where he was born but that proved to be incorrect. However, through the years he had contributed millions to his hometown, according to NPR in “A Spanish Village Stays Afloat, Thanks to Corona Beer Tycoon.”
The small village of Cerezales del Condado averages only 15 residents in the winter and is still going strong. What makes it different is that it has a wealthy native son, Antonino Fernandez, who was one of the founders of the Corona Beer empire.
Fernandez did not leave any provision in his will to divide his fortune between residents of his native village. However, Fernandez did give millions to the village over the years, despite having moved away to seek his fortune in Mexico 75 years ago.
He established an arts center, rebuilt houses, paved the roads and much more. He even started a foundation to employ disabled people in the area.
Thanks to his generosity, the town is still going strong.
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