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Berlusconi is the proprietor of three analogue television channels, various digital television channels, as well as some of the larger-circulation national news magazines. Together these account for nearly half the Italian market. He is the founder and major shareholder of Fininvest, which is among the ten largest privately owned companies in Italy and currently operates in media and finance. With Ennio Doris he founded Mediolanum, one of the country's biggest banking and insurance groups. Berlusconi, together with the Saudi Prince Al-Waleed bin Talal, is the main shareholder of Mediaset, a publicly traded company. He is the owner of the European football club A.C. Milan, which has won a number of national and international trophies under his lead. He wrote AC Milan's anthem with the Italian music producer and pop singer Tony Renis and Forza Italia's anthem with the opera director Renato Serio. With the Neapolitan singer Mariano Apicella he wrote two Neapolitan song albums: Meglio 'na canzone in 2003 and L'ultimo amore in 2006. According to Forbes magazine, Berlusconi is Italy's third richest person, with personal assets worth $9.4 billion in 2008, preceded only by Michele Ferrero and Leonardo del Vecchio. Berlusconi's political rise was rapid and surrounded by controversy. He was elected as a Member of Parliament for the first time and appointed as Prime Minister following the March 1994 snap parliamentary elections, when Forza Italia gained a relative majority a mere three months after having been officially launched. However, his cabinet collapsed after seven months, due to internal disagreements in his coalition. In the April 1996 snap parliamentary elections, Berlusconi ran for Prime Minister again but was defeated by centre-left candidate Romano Prodi. In the May 2001 parliamentary elections, he was again the centre-right candidate for Prime Minister and won against the centre-left candidate Francesco Rutelli. Berlusconi then formed his second and third cabinets, until 2006. Berlusconi was leader of the centre-right coalition in the April 2006 parliamentary elections, which he lost by a very narrow margin, his opponent again being Romano Prodi. Less than two years since his 2006 resignation he was re-elected in the snap parliamentary elections of April 2008 and sworn in again as prime minister on 8 May 2008 after the collapse, on 24 January 2008, of Romano Prodi's last government .
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