The China Mail - Chile ex-president Pinera dies in helicopter crash, aged 74

USD -
AED 3.672496
AFN 64.494181
ALL 80.857725
AMD 361.429126
ANG 1.789785
AOA 918.000206
ARS 1524.250897
AUD 1.43185
AWG 1.8
AZN 1.698512
BAM 1.74449
BBD 2.013379
BDT 123.649824
BGN 1.747831
BHD 0.37738
BIF 3000.936538
BMD 1
BND 1.278292
BOB 11.691144
BRL 5.025903
BSD 0.999639
BTN 94.927772
BWP 13.724852
BYN 2.981492
BYR 19600
BZD 2.010606
CAD 1.405225
CDF 2315.000243
CHF 0.823625
CLF 0.024949
CLP 981.920281
CNY 6.67915
CNH 6.677175
COP 3160.59
CRC 454.01635
CUC 1
CUP 23.991865
CVE 98.353418
CZK 21.69275
DJF 178.020792
DKK 6.66494
DOP 61.501822
DZD 134.587997
EGP 54.474702
ERN 15
ETB 163.29086
EUR 0.891601
FJD 2.258098
FKP 0.751528
GBP 0.749235
GEL 2.595034
GGP 0.751528
GHS 11.651005
GIP 0.751528
GMD 73.482634
GNF 8848.21564
GTQ 7.639477
GYD 209.088355
HKD 7.848655
HNL 26.832455
HRK 6.7205
HTG 130.906561
HUF 325.130498
IDR 17984.75
ILS 3.107797
IMP 0.751528
INR 94.911602
IQD 1515.558311
IRR 1795727.505606
ISK 121.460336
JEP 0.751528
JMD 158.652431
JOD 0.709011
JPY 158.114988
KES 129.849973
KGS 87.449726
KHR 4065.631676
KMF 439.00018
KPW 899.999961
KRW 1328.059475
KWD 0.30969
KYD 0.833107
KZT 449.788164
LAK 22492.98683
LBP 89521.677274
LKR 331.534585
LRD 170.447906
LSL 16.46702
LTL 2.95274
LVL 0.60489
LYD 6.412395
MAD 9.796548
MDL 17.934092
MGA 4549.083271
MKD 54.989163
MMK 2099.540776
MNT 3598.083246
MOP 8.081669
MRU 40.095438
MUR 47.259913
MVR 15.449923
MWK 1733.468319
MXN 18.510698
MYR 4.082801
MZN 63.909629
NAD 16.467681
NGN 1328.229589
NIO 36.78366
NOK 9.38378
NPR 151.877982
NZD 1.760895
OMR 0.384498
PAB 0.999728
PEN 3.447086
PGK 4.473086
PHP 63.173499
PKR 276.67627
PLN 3.902902
PYG 5737.960807
QAR 3.633745
RON 4.754602
RSD 104.712002
RUB 82.902927
RWF 1476.043725
SAR 3.762651
SBD 8.058149
SCR 13.78809
SDG 601.505582
SEK 9.917955
SGD 1.278455
SHP 0.750188
SLE 24.680176
SLL 20969.504398
SOS 571.288409
SRD 37.702396
STD 20697.981008
STN 21.853439
SVC 8.747581
SYP 13001.999685
SZL 16.463453
THB 33.646499
TJS 9.232052
TMT 3.5
TND 2.982527
TOP 2.40776
TRY 49.577105
TTD 6.78527
TWD 32.6835
TZS 2645.222966
UAH 45.054454
UGX 4169.008054
UYU 40.102397
UZS 12040.315747
VES 879.788902
VND 25876
VUV 119.358066
WST 2.773115
XAF 584.852052
XAG 0.017566
XAU 0.000242978233
XCD 2.70255
XCG 1.801632
XDR 0.707052
XOF 584.852052
XPF 106.372921
YER 236.149846
ZAR 16.47325
ZMK 9001.200883
ZMW 20.018642
ZWL 321.999592
SSP 5816.545442
MXV 2.089545
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Chile ex-president Pinera dies in helicopter crash, aged 74
Chile ex-president Pinera dies in helicopter crash, aged 74 / Photo: © AFP/File

Chile ex-president Pinera dies in helicopter crash, aged 74

Chile's former president Sebastian Pinera, a billionaire tycoon who twice held the South American nation's top job, died Tuesday in a helicopter crash, his office said in a statement.

Text size:

The 74-year-old Pinera often flew himself around in his own helicopter, and was a former shareholder in the country's national airline, with stakes in television and football, among other businesses.

The crash took place in Lago Ranco, a lake district some 920 kilometers (570 miles) south of Santiago, where Pinera spent vacations with his children and grandchildren.

"It is with deep regret that we announce the death of the former president of the Republic of Chile," his office said in a statement.

Three other people who had been in the helicopter survived the crash.

Brazil's President Luiz Inacio Lula da Silva wrote on X that he was "surprised and saddened" by Pinera's death.

"We got along, we worked to strengthen the relationship between our countries and we always had a good dialogue, when we were both presidents, and also when we weren't."

Pinera served two non-consecutive terms in office, between 2010 and 2014 and again from 2018 to 2022.

- Troubled second term -

In 2010, the Harvard-educated economist convinced the electorate that his personal success in business could be transferred to the benefit of society.

He managed to bring back to power a revamped right-wing that had rid itself of the baggage of being associated with Augusto Pinochet's dictatorship (1973-1990).

"He will have all the honors and recognition that he deserves," said Interior Minister Carolina Toha, of the leftist government of President Gabriel Boric, who succeeded Pinera in 2022.

During his first mandate, he led the country's reconstruction efforts after a powerful earthquake and tsunami in 2010, and oversaw the successful rescue of 33 miners trapped in the Atacama Desert.

His second term, however, was fraught with trouble, as rising discontent over Chile's deep-rooted social inequality exploded into protests that started after a rise in metro fares.

A rich businessman seen as the embodiment of the country's injustices, Pinera's martial tone and early decision to deploy the military proved disastrous and failed to quell the growing demonstrations, accompanied by violence and looting.

Protesters demanded a change to an economic model in which healthcare, education and pensions were privately run and there was a massive gulf between rich and poor.

The unprecedented protests convinced parliament to agree to hold a referendum on changing the country's dictatorship-era constitution.

Pinera, who failed to either propose or support the move, again appeared out of touch with the people he governed.

Despite overwhelming support for a new constitution, voters have since twice rejected proposed drafts and Boric has said he is done trying to reform it.

Pinera's woes only increased with the arrival of the Covid-19 pandemic and the country's worst economic crisis in decades.

He was later implicated in the Pandora Papers, suspected of a conflict of interests over the sale of a mine by members of his family to a close friend, and completed in a tax haven.

While the Senate blocked opposition attempts to impeach Pinera, he became the subject of a graft investigation.

Pinera ended his second term in office with low approval ratings.

At the time of his death, Forbes magazine estimated his net worth at $2.4 billion.

Pinera was married with four children and nine grandchildren.

L.Johnson--ThChM