Frank Rainieri Marranzini, the founder of the Grupo Puntacana, is now owner of 51% of the shares of the Diario Libre, TV news commentator Maria Elena Nuñez announced during the morning talk show, El Sol de la Mañana. Diario Libre nor Frank Rainieri himself have confirmed the news that is circulating in media around the world.
Diario Libre is the newspaper with the largest circulation in the Dominican Republic. The newspaper, from day one did not charge for subscriptions and quickly climbed to be a leader in local circulation. The media also has a strong online presence.
Diario Libre has been a strong campaigner for the environment in the Dominican Republic. Since early years of Puntacana, Rainieri himself has championed many environmental causes in the eastern region.
In 2022, Rainieri’s son, Frank Elias Rainieri Kuret was named CEO of the company, leaving Rainieri senior as...
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