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Who was Calisto Tanzi and what was his cause of death? Who Built Dairy Giant That Collapsed, Dead at 83


Who was Calisto Tanzi and what was his cause of death? Who Built Dairy Giant That Collapsed, Dead at 83: We are successfully entered into the 2nd day of the New Year but the death news is not taking to the name to get stopped. After the demise of popular Veteran American actress Betty White, another renowned prominent figure has left the world and peacefully sleep in the arms of the almighty. Once again with a heavy heart, we are sharing the passing news of one of the famous Italian businessmen and convicted fraudster Calisto Tanzi. He was an Italian entrepreneur and ex-patron of Parma, which he owned in the year 1990 and stayed up to the year 2003. Follow More Update On GetIndiaNews.com

Calisto Tanzi

Who was Calisto Tanzi?

Likewise, he was convicted of bankruptcy in the year 2011. Apart from being a businessman, he was also appointed as Cavaliere del Lavoro in the year 1984. Moreover, he later honored Cavareliere di Gran Ordine al Merito della Rupubblica Italiana in the year 1999. According to the sources, it gets to know that he also helped Gialloblu to win national and international titles.

Calisto Tanzi Death Cause

Calisto Tanzi was on on 17th of November 1983 in Collecchio, Parma, Emilia Romagna, Kingdom of Italian. At the time of his demise, he was 83 years old and he leave the world on 1st January 2022. Though, he was an entrepreneur and sentenced fraudster as well. He established Parmalat in 1961. He has also found drop out of college. Though his Paramalat was dissolved in 2003.


After even it occurred, a 14bn euro left in his accounts which is a very mysterious thing that ever happened and then remains as the biggest bankruptcy in Europe. Regarding the educational background of Calisto, there are no details available on his mainstream. As per Forbes, he was on the list of billionaires with a net worth of roughly $1.3 billion in his account in 2001. Italian authorities have declared that they had captured 19 works of art that belonged to Tanzi and that had been concealed at the home of his own friends in the month of December 2009.

Calisto Tanzi Children 

Sadly, Calisto Tanzi has not revealed the details of his wife and children. As per his age, he must be wedded and also have children. Though he is available on the Wikipedia page, there are no details about his previous relationship. Due to lack of evidence, it is complicated to give details about his personal life.

Calisto Tanzi Net Worth

Speaking about the income of Calisto Tanzi, he was about to be convicted as a billionaire at that time, which we might also estimate how much money he had in his account. He was also in jail for 17 years and 5 months for crashing the Parmalat. At present, he has an estimated net worth of around $1 million to $2million.

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Pallavi Ghosh has covered politics and Parliament for 15 years, and has reported extensively on Congress, UPA-I and UPA-II, and has now included the Finance Ministry and Niti Aayog in her reportage. She tweets at @alishach03


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