Former film producer, publisher Angelo Rizzoli dead
Wife confirms death in Italian hospital of media family member12 December, 14:56
"My husband was sick, this court case broke his heart, he was exhausted," said Melania de Nichilo referring to allegations against her husband over a 30-million-euro bankruptcy case.
The former chairman of the Rizzoli publishing empire (RCS), he had been under house arrest due to his failing health conditions after his arrest in February for alleged fraudulent bankruptcy involving his company Audiovisual Tiber (previously Rizzoli Audiovisual) of which he was the sole director.
He had been accused of a financial fraud that he allegedly organized through four subsidiary production companies, Rome's tax police alleged.
Rizzoli, who was born in 1943 in Como, was the son of Andrea Rizzoli, chairman of what at one time had been Italy's leading publishing house and owner of Italy's best-selling newspaper Corriere della Sera.
He entered the family business at age 28, joining its board of directors in time to see his father purchase the newspaper in July 1974, a decision that involved taking on significant debt. Angelo, known as 'Angelone' to distinguish him from his grandfather, took over at the helm with other family members in 1978.
Together with his brother Alberto and the paper's managing director Bruno Tassan Din, he was implicated in a scandal involving the subversive P2 (Propaganda Due) masonic lodge and was arrested for fraudulent bankruptcy in 1983.
The P2 scandal was one of the most significant in Italian history.
They were eventually cleared of the charges, but the Rizzoli publishing group that controlled Corriere passed out of family hands in 1984.
During the 1990s, he returned to the spotlight as a film and television producer, including such productions as the film "Padre Pio" with Sergio Castellitto, "Cuore", "La Guerra e Finita" and "Le Ali della Vita" with Sabrina Ferilli.