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Chilean Businessman Guillermo Luksic, of Banco de Chile, Antofagasta, Dies

03/27/2013 | 01:59pm US/Eastern
   By Graciela Ibanez 

Chilean businessman Guillermo Luksic, a member of the family that controls several large companies including Banco de Chile (BCH, CHILE.SN) and London-listed mining company Antofagasta PLC (>> Antofagasta plc), died Wednesday at age 57 from lung cancer.

Mr. Luksic served as chairman for several of the companies controlled by his family, including holding company Quinenco SA (QUINENCO.SN), shipper Compania Sud Americana de Vapores SA (VAPORES.SN) and beverage company Compania Cervecerias Unidas SA (CCU, CCU.SN).

He was also a member of the boards at Banco de Chile and Antofagasta.

The companies where Mr. Luksic served as a board member will announce his replacement in coming days, likely through filings with the local securities regulator, a person close to the family said.

According to Forbes magazine, his family's net worth as of March totaled $17.4 billion, making it the wealthiest in the Andean nation.

Write to Graciela Ibanez at

Stocks mentioned in the article : Antofagasta plc
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