Berlusconi, Silvio

(born Sept. 29, 1936, Milan, Italy) Italian media tycoon and prime minister of Italy (1994; 2001–06). After graduating from the University of Milan, he became a real estate developer, amassing a considerable fortune by the 1970s. By the 1990s he owned more than 150 businesses, including three television networks and Italy's largest publishing house. In 1994 he founded Forza Italia, a conservative political party, and was elected prime minister. Faced with conflict of interest and other charges, he resigned in December 1994. He was later convicted of fraud and corruption, though he was acquitted of tax evasion. Despite the convictions and criticism of his control of much of the Italian media, he remained the leader of Forza Italia and again became prime minister in 2001. His support of the Iraq War proved unpopular, and he struggled to improve the country's economy. In the 2006 elections his coalition was defeated by a centre-left bloc headed by Romano Prodi, and Berlusconi subsequently resigned.

Source: Encyclopedia Britannica