He is the publisher of the newspaper Il Giornale and the head of the investment group Paolo Berlusconi Finanzaria.
Thereafter Silvio Berlusconi, owner of three television channels and the daily Il Giornale, ceded control of the newspaper to his brother Paolo.
[1] Since the early nineties, the Paolo Berlusconi Finanziaria S.r.l (PBF) bought part of Fininvest[citation needed] as well as directly investing in various other sectors such as construction (Italcantieri), real estate (gruppo Edilnord), textile (Zambieti) and media (Solari.com S.r.l).
On 3 February 2013 Paolo Berlusconi, in his capacity as vice-chairman of AC Milan,[2] appeared to be caught on video referring to footballer Mario Balotelli in racially derogatory terms.
[3] In 2002, Paolo Berlusconi was charged with fraud and corruption for his involvement as head of Simec in a landfill scandal in Cerro Maggiore near Milan.