Berlusconi`s income fell in 2012 after company`s share plummeted

Washington: Silvio Berlusconi`s annual income went down from 46 million dollars to 6 million dollars from 2011 to 2012.

According to La Repubblica, the 77-year-old politician`s income dropped after the shares of the media company Mediaset that he owns reached an all-time low of 1.61 dollars in late 2012 before rebounding last year, The Hollywood Reporter reported.

The company that is one of Europe`s largest media conglomerates started strong in 2014, and reached a nearly three-year high of 5.81 dollars last month before losing steam in recent weeks.