Chile is home to 11 billionaires in South America, out of whom 10 have made it to the list of Forbes’ 2016 billionaire rankings. The Forbes Billionaires list is a snapshot of wealth taken on Feb. 12; we used stock prices and exchange rates from that day. Some fortunes could have changed considerably since then. 1. Iris Fontbona #101 on Forbes’ List Real Time Net Worth (as of 2/17/17): $13.8 Billion Age: 74 Source of Wealth: Mining Residence: Santiago, Chile Chile’s richest person, Iris Fontbona, inherited…