5 Richest People in Central and South America

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1. Iris Fontbona

     Net Worth: $20.1 billion

Iris Fontbona is a Chilean billionaire who owns majority shares in Antofagasta plc. Fontbona inherited the company after her husband passed away. Antofagasta plc is a copper mining group that is one of the largest mining companies in the world.

She also owns the Quineñco conglomerate, which controls Banco de Chile, Madeco, Compañía de Cervecerías Unidas(CCU) and the CSAV shipping company. Madeco is a copper products manufacturer, while CCU is a brewery company.

Banco de Chile has grown to be the second-largest commercial bank in Chile. Fontbona has also acquired a majority stake in Canal 13, a Chilean Television station.

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