Leading Portuguese financier Horácio Roque died on Wednesday at a Lisbon hospital after suffering a stroke, an official at his Madeira-headquartered bank Banif said. He was 66.
Horácio Roque, who started his first business, a bar, at the age of 17 in Angola, gathered a fortune based on ventures in Angola and South Africa, which he later expanded to a wide gamut of banking, insurance, real estate and other businesses in Portugal and the Americas. In 1991, he set up a foundation, named after him, devoted to educational, social and cultural spheres. TPN/Lusa