Retired Italian teacher leaves fortune to hospitals, charities
Reuters
Published Feb 26, 2021 06:43AM ET
ROME (Reuters) - A retired Italian teacher has bequeathed more than 25 million euros ($30 million) to hospitals and charities, stunning residents of the northern city of Genoa where she lived who had no inkling of her wealth.
Marisa Cavanna died in December aged 96. She was described as a reserved woman who never got married and did not attend social events.
She wrote her own obituary in the Genoa city newspaper, Il Secolo XIX, dedicating "a heartfelt remembrance to a long list of former students".
Her estate was worth some 40 million euros. It was not clear where her wealth came from, but Italian media suggested she had likely inherited it.
Genoa's Gaslini children's hospital will receive around 5 million euros, while the city's Galliera hospital will receive a similar sum, plus her home.
"It is a big property worth several million euros. She has told us to sell it and use the money for research and innovation," Galliera hospital director general Adriano Lagostena told Reuters.
The hospital had not known about the bequest until after her death. Lagostena said he had not known Cavanna personally, but added that she had been treated at his hospital.
"We have had other significant donations in the past but never of this size," he added.
Other donations will go to right groups and charities operating in Italy and abroad, including Amnesty International. The rest of her estate was divided up between her carers, family and friends, Italian media said.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.