Martín Berrote is an Argentine engineer and a long-time friend of Berlin. Together they worked out the plan for the raid on the Bank of Spain. When they told the professor about it, he pointed out his shortcomings. Besides, Palermo was in love with Berlin, and the professor believed that the other man cared more about Berlin than his grand scheme. Palermo was not involved in the robbery of the Royal Mint, but when he learned that Berlin had died, he mourned it. After Rio is kidnapped, the professor turns to Palermo and they start working on the plan again.
In the second robbery, Palermo takes Berlin’s place in the gang and turns out to be almost as unscrupulous and vengeful as the other man. And like Berlin, he loses command when Tokyo overthrows him. He tries to take revenge on his comrades by telling Gandia, the bank’s security chief, how to break free without knowing what a disaster it will be. Gandia kills Nairobi and is later instrumental in Tokyo deciding to blow itself up. If you’re wondering if Palermo will survive in the Money Heist finals, we have the solution for you. SPOILERS AHEAD.
Does Palermo Die in Money Heist?
No, Palermo doesn’t die in ‘Money Heist’ Season 5 Part 2. Like the other gang members, he boards a helicopter in the series’ final scene and leaves Spain for a better life. As before, the series switches back and forth between several time levels. In one, Palermo and Berlin tell the professor about their plan, while another shows the current events. Another timeline shows the preparation time for the robbery.
Palermo is the only one among the crew to find out that the professor will not simply return the gold to the authorities after he goes to the trouble of stealing it. So the professor shares with Palermo some parts of the plan that even Lisbon doesn’t know. Later, when members of the bank’s crew are arrested by government forces after gaining access to the bank, Palermo appears mysteriously reassured.
It turns out that the professor never intended to return the gold. He and his team are ultimately thieves. That’s what they do; that’s what they’re good at. There is hardly anything altruistic about stealing. Since the theft of gold has brought Spain to the brink of financial collapse, the professor uses it as leverage to force the government to let him and his team go. Instead of the real gold, he is returning brass bars to the government, and the authorities have to be content with that, otherwise the robbers threaten to trigger another financial crisis.
The robbers and the government then work together to make people believe that the professor and his people are dead. Palermo receives a new passport along with the others. In the helicopter, he and the professor exchange a look with which they tacitly confirm that they have honored Berlin’s memory.