Hugo Chavez Dead: Net Worth Of $2 Billion For Venezuela Dictator

Hugo Chavez Dead: Net Worth Of $2 Billion For Venezuela Dictator

Hugo Chavez is dead, leaving the country of Venezuela in turmoil. But we now find that the Venezuelan dictator Hugo Chavez’ net worth may have exceeded $2 billion USD.

As previously reported by The Inquisitr, Hugo Chavez dying was declared yesterday afternoon after a long battle with cancer. The Venezuela dictator had been receiving high impact chemotherapy and a respiratory infection had promised a grim outcome for his recovery chances. The Venezuelan government had already begun preparations just in case Hugo Chavez did not recover, but there is still a question of who will replace Hugh Chavez.

According to Jerry Brewer, president of Criminal Justice International Associates (CJIA), Hugo Chavez’s net worth might have been bolstered by absconding money from the people of Venezuela:

“The personal fortune of the Castro brothers has been estimated at a combined value of around $2 billion. The Chávez Frías family in Venezuela has amassed a fortune of a similar scale since the arrival of Chávez to the presidency in 1999 We believe that organized bolivarian criminal groups within the Chávez administration have subtracted around $100 billion out of the nearly $1 trillion in oil income made by PDVSA since 1999.”

Human Rights Watch points out that Hugo Chavez’s presidency was characterized by a dramatic concentration of power and open disregard for basic human rights guarantees:

“Hugo Chavez and his followers moved to concentrate power. They seized control of the Supreme Court and undercut the ability of journalists, human rights defenders, and other Venezuelans to exercise fundamental rights. By his second full term in office, the concentration of power and erosion of human rights protections had given the government free rein to intimidate, censor, and prosecute Venezuelans who criticized the president or thwarted his political agenda. In recent years, the president and his followers used these powers in a wide range of prominent cases, whose damaging impact was felt by entire sectors of Venezuelan society.”

It’s a legacy like this that has led the writers at The Daily Beast to dance on the grave of Hugo Chavez:

“From his revolutionary comrades in Cuba, he borrowed the slogan ‘patria, socialismo o muerte’—fatherland, socialism, or death. The fatherland is a shambles, Bolivarian socialism has failed, and Comandante Chavez is dead. May the “revolution” die with him.”

What do you think about the dead Hugo Chavez now that you hear his net worth is $2 billion despite declaring himself a socialist hero?