1. Calisto Tanzi founded Parmalat in 1961, after dropping out of college.
10 Facts About Calisto Tanzi
1. 2.
In December 2008, Calisto Tanzi was convicted by a Milan court and sentenced to 10 years in prison for fraud.
3.
Calisto Tanzi appealed the sentence but the appeals court upheld it in May 2010.
4.
The Corte di Cassazione reduced it to eight years and one month, after which Calisto Tanzi was imprisoned on 5 May 2011.
5.
Calisto Tanzi appealed the sentence and the appeal trial started in December 2011 in Bologna.
6.
On 20 December 2011, Calisto Tanzi was sentenced to a further nine years and two months for the Parmatour bankruptcy.
7.
In December 2009, the Italian authorities announced that they had seized nineteen works of art belonging to Calisto Tanzi, which had been concealed at the houses of his friends.
8.
The authorities said that Stefano Strini, Calisto Tanzi's son-in-law, was being investigated for allegedly handling the artwork.
9.
Calisto Tanzi was appointed Cavaliere del Lavoro in 1984 and Cavaliere di Gran Croce Ordine al Merito della Repubblica Italiana in 1999.
10.
Calisto Tanzi died of pneumonia in a Parma hospital on the New Year's Day of 2022, at the age of 83.