Late billionaire ‘leaves £2m to every resident of his home village’

A late Spanish billionaire beer mogul Antonino Fernández who died at the age of 98 in August 2016 has reportedly left £169m in his will to each of the 80 residents of his birthplace - the small village of Cerezales del Condado in north west Spain, making them millionaire overnight.

According to Diario de Noticias, Antonino Fernández willed £2million to each of the inhabitants of Cerezales del Condado.

Fernández, one of 13 children of his family grew up in poverty in the tiny northern village and dropped out of school at the age of 14 when his parents could no longer afford his tuition.

The village of Cerezales del Condado with 80 inhabitants

He emigrated to Mexico in 1949, when he was 32 and went on become the CEO of Grupo Modelo, the brewery company who make Corona beer - a bottled beer in the United States, with annual sales of $693million (£556million).

Fernández was a well-known philanthropist was honoured by the former King of Spain, Juan Carlos, for his charitable deeds, including his work with disabled young people.

Fernández, is said to have left additional money in his will to build his hometown a new cultural centre and a local charity with 300 employees who will also benefit from his generosity, writes RT.