Milan entrepreneur leaves €7m to NGOs

97-year-old Milan businessman leaves all to charity.

Milan-born Renato Giuliani left almost his entire patrimony of €7 million to carefully selected charities when he died last January at the age of 97.

Around €800,000 has already been handed over to the mothers’ and babies’ hospital Filippo Del Ponte in nearby Varese to help it complete the Casa del Sorriso, a residential structure for the families of small patients. Some 1,200 families arrive each year for treatment or surgery on the children, and there was up to now nowhere for the parents to stay.

Giuliani’s executors are still in the process of completing the formalities for paying out the remaining sums to the voluntary organisations he chose during his final years.

Giuliani spent his entire working life managing the machine-tool factory founded by his father in 1930 and employing some 500 workers, with branches in the United States and Middle East. Since his retirement it has been managed by his nephews, since he left neither widow nor children.

“My uncle dedicated his life to his job,” nephew Alessandro Bernardini told reporters. “He retired about 20 years ago, and a few months before he passed on he made this choice, which we appreciate. He studied the organisations carefully that he wanted to donate to, and left money to those he believed are most worthy.”

“It’s a gesture which has moved us and left us deeply grateful,” said Emanuela Crivellaro, manager of the foundation Il Ponte del Sorriso. “Renato Giuliani’s generosity will be remembered forever in the smiles of the children in our hospital.”