Hugo Chavez net worth

Hugo Chavez net worth

Net Worth: $1 Billion

About Hugo Chavez

Hugo Chavez net worth

It has been known that the overall estimate of Hugo Chavez net worth reaches a sum of 1 billion dollars, which makes him one of the most financially successful politicians in the world. Hugo Chavez was a politician of Venezuela and at the time of his death he was still financially successful, with previously mentioned net worth of 1 billion dollars. He passed away in March 5th, 2013. In addition, his family assets were estimated to be around 1 billion dollars to 2 billion dollars. In fact, most of these assets were related to oil and these oil companies were owned by Hugo Chavez himself, which also was one of the most important sources of Hugo Chavez net worth.

It was stated that since the time when Hugo Chavez and his family came to prominence, they managed to accumulate their wealth through both legal and illegal means. Hugo Chavez was born in Venezuela in 1954. At the time of his death, he was still the president of Venezuela, the position which he had held since 1999. This position also added up to the overall amount of Hugo Chavez net worth.

When he was 17 years old, Hugo Chavez became a student at the Venezuelan Academy of Military Sciences.

In 1975, he graduated from it and got a degree as a sub-lieutenant in Military Arts and Sciences. When he graduated, immediately after it Hugo Chavez became an active military servant in Barinas. He had been involved into military for 17 years. He has occupied and was named as many titles, with finally getting his rank of lieutenant colonel. In addition, Hugo Chavez had held many teaching positions.

In 1983, Hugo Chavez started the Revolutionary Bolivian Movement. In 1998, Hugo Chavez participated in presidential elections, as well. Thus, being involved into politics also added up to the overall amount of Hugo Chavez net worth. Hugo Chavez was credited with his unique public speaking style, in which he used to mix colloquialisms and flamboyancy. In fact, at first he tried to get attention and support from people from poor working classes. Also, Hugo Chavez became the winner of 1998 presidential elections and got 56 percent of the votes.

In addition, his personal life became exposed to public, as well, after his becoming the president of Venezuela. He was married two times, his first marriage was to Nancy Colmenares and another time he married to Marisabel Rodriguez.

Now you have an idea why Hugo Chavez net worth is this huge


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