Former Prime Minister Silvio Berlusconi, a billionaire businessman who created Italy's largest media company before transforming the political landscape, died on Monday aged 86.
Two members of the Italian government mourned his passing, with Deputy Prime Minister Matteo Salvini calling him in a statement "a great man and a great Italian".
Defence Minister Guido Crosetto wrote on Twitter that Berlusconi's death amounted to the end of an era. "I loved him very much. Farewell Silvio," he said.
Berlusconi, who was prime minister during 1994-5, 2001-6 and 2008-11, had been suffering from leukaemia and had recently developed a lung infection.
Berlusconi's Forza Italia party is part of Prime Minister Giorgia Meloni's right-wing coalition, and although he himself did not have a role in government, his death is likely to destabilise Italian politics in the coming months.
His business empire also faces an uncertain future. He never publicly indicated who would take full charge of his MFE company following his death, even though his eldest daughter Marina is expected to play a prominent role.
Shares in MFE were up by more than 9 per cent at around 0900 GMT.


Lebanese army chief and US general meet on Lebanon security
At least six dead, thousands displaced as heavy rains hit northeastern Brazil
Austrian police arrest man over poisoned baby food case
Trump not satisfied with Iran's latest proposal, will not 'leave war early'
