Corona beer founder makes every resident of the village he grew up a millionaire

Corona beer founder makes every resident of the village he grew up a millionaire

The founder of Corona has left £2 million to every single resident of the impoverished Spanish village he grew up in, sparking jubilant celebrations.

Antonino Fernández, who died aged 98 in August, left £169 million to the 80 residents of the tiny village of Cerezales del Condado, according to reports.

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

The village of Cerezales del Condado
The village of Cerezales del Condado

One of 13 children, Fernández was born and brought in the village, which is in the province of Leon, northwest Spain.

His family battled poverty, and as a 14-year-old, he had to leave school because his parents could no longer afford it and needed him to work in the fields.

I do not know what we would have done without Antonino. We used to have no Pesete

-Maximino Sanchez

Fernández moved to Mexico in 1949, aged 32, after an invitation from his wife’s uncle to work for Grupo Modelo in a warehouse.

He worked his way up through the ranks, becoming CEO in 1971, and helped to make Corona one of the biggest beer brands in the world.

Fernández remained as Chairman of the Board until 2005, handing over to his nephew.

He has been honoured for his charity work and set up schemes in both Spain and Mexico to find jobs for people with disabilities.

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