Leonardo Farkas Klein July was born on the 20th March 1967, in Vallenar, Chile of Hungarian- Jewish migrant origin, and is a businessman and philanthropist, with particular interests in mining. He is recognized for his donations to various institutions and people.
How much is the net worth of Leonardo Farkas? It has been estimated by authoritative sources that the outright size of his wealth is as much as $50 million, as of the data given in the middle of 2017. Business is the major source of Farkas’ fortune.
Leonardo Farkas Net Worth $50 Million
To begin with, Farkas studied at the Hebrew Institute. His family was in good financial condition, and Farkas Berger became the owner of several companies (Minera El Carmen) in the iron mining industry. He also became a glass entrepreneur. When his father died in 2004, Leonardo decided to return to Chile to refloat family businesses in northern Chile, especially in iron mining, and rapidly became an iron exporter to China, thanks to the association with Cometals. Among his main companies are Minera Santa Fe and Santa Bárbara Company, with more than 2000 workers – he is well known for the benefits his workers receive.
In 2007, he appeared in the press for announcing to the media that he would celebrate his 40th birthday by inviting celebrities such as Air Supply, KC and the Sunshine Band as well as a national comedian Coco Legrand. The party was held at the Sheraton San Cristóbal Hotel, with 200 guests, and became the subject of high discussion in the mass media. However, real popularity came when he personally donated 235 million pesos to the 2008 Telethon and 1 billion pesos the following year – this made him the individual who had donated the most money to this foundation, together with the Chilean businessman José Luis Nazar, who minutes later during the same event, matched his donation. At the end of 2008, Farkas donated 226 million Chilean pesos to the memorial of the poet Pablo Neruda in Isla Negra.
At the beginning of 2010, he travelled to Haiti, devastated by earthquake, and donated water and food. He did the same in Chile, following the earthquake in 2010, donating nearly 200 million pesos in food to the most affected areas of the south, moving 17 trucks full of aid for his country. In the summer of 2010, Leonardo Farkas distributed checks of $10,000 to each of the families of the 33 miners trapped in the collapse of the San Jose mine. He was also patron of the Chilean gymnast Tomás González, supporting him with 80 million pesos in sports teams.
At the end of 2008, a possible presidential candidacy of Farkas was rumored for the 2009 election, and Leonardo received great support in social networks, however, through a statement on his website, Farkas announced that he would not be a candidate for president.
Finally, in the personal life of Leonardo Farkas, he has been married to Tina Friedman since 1994, and they have three children.
