After the recent death of a Corona beer founder, his will went viral because it was believed that he left his fortune to a tiny Spanish village, Cerezales del Condado, where he was born. According to the rumors, each resident of the village would receive $2 million from Antonino Fernandez’s will. Upon interviewing some of the villagers, they stipulated that Fernandez did not leave a will detailing how is fortune was to be divided, but he did invest millions in the small town during his lifetime, which many locals say kept the town alive. For example, near the end of his life, Fernandez donated $8 million to his namesake foundation, which finds its roots in his hometown.
See Lauren Frayer, A Spanish Village Stays Afloat, Thanks to Corona Beer Tycoon, npr, December 5, 2016.
Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.
