One of The Richest People In Chile
During the 19th Century, the Matte family began to grow in wealth. Francisco Javier Matte and his wife started a textile store in Santiago, Chile. By 1855, their son Domingo started the Valparaiso bank with his sons. Over the years, the family's wealth has only grown.
Bernardo Matte shares the family fortune with his siblings, Patricia and Eliodoro. The company encompasses shipping, telecommunication, forestry, banking and paper products. Each of the siblings works in a different part of the company. Currently, the family company is Chile's biggest producer of paper and pulp. It is investing in the Brazilian Guaiba cellulose company.
Bernardo's role in the business is to oversee the family's stake in Banco Bice and the Colbun electric utility. His brother, Eliodoro, was previously president of the family's holding company, but stepped down to a lesser leadership role in 2011. His sister, Patricia, works on the board of the Instituto Libertad y Desarollo.
This think tank looks at public policy and works on improving social and economic conditions. Bernardo Matte is married to Isabel Izquierdo Wacholtz and has three children. He has a total net worth of $3.7 billion and is an opponent of Chile's Popular Unity party.
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