A veteran of the Italian army's campaign in Ethiopia, he immigrated to Chile in 1948, and made his fortune based on fisheries, forestry, mining and fuel distribution.
Without an heir, he ceded day-to-day control of his holding company, Antarchile, to a nephew, Roberto Angelini Rossi.
[full citation needed][2] Angelini's Celulosa Arauco y Constitución pulp mill was closed in 2005 after the company lawyers reportedly produced a misleading environmental study regarding pollution on the Cruces River.
The scandal prompted Celco's chief executive to resign in June 2005 and the company to pledge to adopt cleaner technologies.
[full citation needed][3] On 28 August 2007, Angelini died in the clinical hospital of the Catholic University of Chile from emphysema, which had been aggravated by a severe cold.