Romanian businessman Dan Petrescu (68), his spouse, his son and 5 of their pals died in a aircraft crash in Milan on Sunday afternoon, after the single-engine plane he was piloting crashed shortly after taking off.

The plane, a Pilatus Laptop-12, crashed into an empty workplace constructing near the Milan airport. Petrescu’s household and their pals have been reportedly flying to Sardinia, the place the businessman had a big mansion, the Romanian media reported.

Virtually unknown to the general public, Dan Petrescu was one of many richest actual property moguls in Romania, in response to Ziarul Financiar. He was a enterprise associate of Romanian billionaire Ion Tiriac for whom he organized the tennis event in Madrid.

Petrescu managed massive areas of land in northern Bucharest, but additionally within the nation. He used his land to develop massive business areas for retail chains akin to Metro, Actual (Auchan), and Jumbo which he later bought to those corporations in multi-million-euro offers.

He by no means gave any interviews and there are only a few photographs with him. He reportedly most well-liked driving modest automobiles and tried to not stand out.

He lived in Monte Carlo and carried out his enterprise in Romania primarily by offshore corporations.

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(Picture supply: vigilfuoco.television)