News & Press Releases

Antonio Fernández: The Angel of Cerezales & the CEO of Grupo Modelo

Antonino Fernández, founder of Corona Brewery, has left money in his will to help the Spanish village where he grew up.

Antonio Fernández: The Angel of Cerezales & the CEO of Grupo Modelo

In August of 2016, Antonio Fernández, the CEO of Grupo Modelo and the founder of Corona Beer, passed away and reportedly left $200 million of his fortune to friends and relatives in order to improve the village he grew up in, Cerezales del Condado in Spain. This billionaire who passed away at 99 was the epitome of the phrase “You can’t know where you are going if you don’t remember where you come from.” both in life and in death.

antonino-fernndez-3jpg
Image by: Mirror

Antonio Fernández: The Philanthropist

Antonio Fernández had two causes he was very passionate about throughout his life, 1) Helping people with disabilities live normal lives and 2) Supporting his hometown. He established two organizations which give employment opportunities to disabled adults one in Leon called Soltra and the other in Mexico called Cinia (named for his wife). In 2009, he also set up the ‘Cerezales Antonino y Cinia’ Foundation in his hometown to support rural initiatives in the area. He was honoured by the former King of Spain, Juan Carlos, for his charitable deeds, including his work with disabled young people.

According to the Daily Mail Online “this is the equivalent to each villager inheriting roughly £2 million,” but it should be noted that the money will be spent on improving the village and was not inherited by individuals. With the help of this money the village is reported to be getting a brand new cultural centre and a local non-profit foundation with 300 employees will also benefit.

Maximino Sanchez, who owns the only bar in the village, which is stocked full of Mexican beers, told the Diario de León newspaper:

“We never had any pesete (money) before. I don’t know, what we would have done without Antonino.”

The Life of Antonio Fernández: From Rags to Riches

In 1917, Fernández was born into a poor family and had to leave school at age 14 because his parents could not afford the fees. After the Spanish Civil War, he moved to Northern Spain, where he married his wife Cinia González Díez.

In 1949, his wife’s uncle, who owned Grupo Modelo, invited the couple to move to Mexico, where Fernández began working for the brewery, as a warehouse employee.

By 1971, he had worked his way up the corporate ladder to CEO. He is credited with making Corona, not only Mexico’s most popular beer but also the export phenomenon it is today. He maintained his position as CEO until 1997 and as Chairman of the Board until 2005, with both roles later taken over by his nephew, Carlos Fernández González.

 


Fun Fact:
Corona Extra is the second most imported bottled beer in the United States, with annual sales of $693million (£556million).

 

Antonio Fernández was honored with the position of Honorary Life Chairman of Grupo Modelo, a position he held until his death.

antonino-fernandez-from-Corona-beer
Image by: Mirror

 

For more beer industry new, check out these posts below:

Just Beer is Helping Albertans Save Money on Beer
Is The Craft Beer Craze Going Flat?
2016 Great American Beer Festival Awards
Non-Alcoholic Beer – Can Brewers Really Make A Product That Sells

Related Posts

News & Press Releases

Miller Lite is Giving Away Free 24-Packs on Leap Day – Here’s How to Get Free Beer

In honour of the Leap Year, Miller Lite will be giving away free 24-packs of beer! Here’s how you can score free beer on Leap Day.

Craft Beer

Mortal Kombat X Inspired Craft Beer

If you’re a gamer and a beer lover, this beer was crafted just for you! Warner Bros., Sound Brewery and Global Beverage Traders have announced the release of 3 new beers inspired by your favourite Mortal Komat characters: Scorpion, Sub-Zero and Raiden.

Lifestyle

Talking Sustainability with Craft Beer Market’s PJ L’Heureux

PJ L’Heureux, founder and owner of Craft Beer Market talks about the great steps they take at Craft Beer to ensure that the craft beer-focused restaurants are doing their part in reducing their carbon footprint.

News & Press Releases

Why is Beer So Expensive? – How Inflation is Affecting Beer Prices

It’s not just gas prices that are on the rise. Some of the world’s major beer companies have announced that the price of beer will be increasing in 2022. Find out why beer is expected to be more expensive.

News & Press Releases

Frozen Pints: Craft Beer Ice Cream

You can now get ID’d for buying ice cream. An Atlanta-based company, Frozen Pints, is now offering alcoholic ice cream that comes in a variety of craft beer flavours.