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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?

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15 Responses to “Hugo Chavez Dead: Net Worth Of $2 Billion For Venezuela Dictator”

  1. William Calvert

    Ah, the weasel-word, "might". Considering that education, average income, medical services and oil exports all advanced in the period of his presidency, it would seem that even with the unproven assertions Chavez's corruption, the poor of Venezuela were doing better under him than under the plutocrats… and since no less a figure than Jimmy Carter found Venezuelan elections fair, it takes a real nerve for a country that includes Florida and other Republican vote juggler states to criticise. The Venezuelan people kept voting for him and are in deep mourning for him… who, apart from his brat daughters and some Washington Hawks will mourn George Bush Junior?

  2. William Calvert

    Ah, the weasel-word, "might". Considering that education, average income, medical services and oil exports all advanced in the period of his presidency, it would seem that even with the unproven assertions Chavez's corruption, the poor of Venezuela were doing better under him than under the plutocrats… and since no less a figure than Jimmy Carter found Venezuelan elections fair, it takes a real nerve for a country that includes Florida and other Republican vote juggler states to criticise. The Venezuelan people kept voting for him and are in deep mourning for him… who, apart from his brat daughters and some Washington Hawks will mourn George Bush Junior?

  3. Gabriel Kabik

    Yeah no, sorry, the "source" you're using is one dude in Miami with a website that looks like it was made in 1999. Try finding someone credible next time you try to be a journalist.

  4. Luis Carlos Vásquez Donado

    I'm a capitalist in the United States. What do I think about Hugo Chavez after what you have written here? I think you are a very irresponsible writer. Nothing could be further from the truth about Chavez or Castro. Writers of your type should not be journalists, if that's what you think you are. This phoney column is nothing but sensationalist press and purely yellow.

  5. Luis Carlos Vásquez Donado

    You couldn't have said it better. The sad thing is that those people that believe this article about Chavez only consume media like this one and do not have the opportunity to listen to former president Carter who's seen it first hand. I can't believe how ignorant they choose to be.

  6. Luis Carlos Vásquez Donado

    I'm sure Jimmy Carter is wealthy as well. I'm sure Chavez is wealthy, that comes with the role. But when have you seen him do the things that rich people do? He never took time out to rest. He completely immersed himself into his role. Why doesn't Chavez dress and look like Berlusconi of Italy? Now, do you want to vote in rightwingers who want to give themselves bonus of millions of dollars and keep everything for themselves while you don't see physically a change in the country? on the other hand you can't deny that Venezuela has true physical evidence of what he has done for the people.

  7. Lakeshow Ron

    Assuming the assertions are facts, you believe that it was ok for him to steal money as long as the people were living better under him. Where would that leave his honesty, integrity and the fight for equality? Is it just a matter of alleviating poverty or reducing it to its maximum potential? With 2 billion you could feed a lot more people, build more schools, houses etc. What does it say about his bashing on Capitalism? Wouldnt you say it was hipocritical? Oh wait, but people were living a bit better under him, who cares right?

  8. Lakeshow Ron

    ''Chavez is wealthy, that comes with the role''?? Are you kidding me? What was Hugo's ideology? Socialist/communist and you say his role is to become wealthy? I think you are misinformed. His role was the opposite. Help the poor, take away from the rich to give to the poor to form a balanced society where classes didnt exist, that includes him. Of course he isnt going to do things rich people do. In order to be accepted by the masses he needed to act like them, humble. He wasnt going to wear Versace clothing and take vacations in Hilton hotel. That would have looked bad because that is what he spoke against. Which is why he kept his wealth on the down low. Jimmy Carter lives in a Capitalistic society hence his wealth. I dont think he has ever bashed capitalism.

  9. John Haberstroh

    The accusation comes from Criminal Justice International Associates, which is a single crank, Jerry Brewer, who has no access to and no expertise on Venezuela. By the way, anyone reading this who is not wealthy _should_ be a huge fan of Chavez, but sadly you've been victimized and are intellectual servants of the rich.

  10. Adam Effertz

    The people of North Korea also publicly mourned the death of Kim Jong Ill. I guess you are going to tell me that he wasn't an evil dictator too right and the people loved him right? And please go on to tell me how great of a guy Che Guevara was and Castro is as well. You guys have no problem with people disappearing, people being killed and people being tortured for simply speaking out against injustices committed by governments, yet none of you live in those countries- suppressed and victimized with your personal liberties and freedoms stripped from you… reminds me of Sean Penn talking about how great Castro and Chavez is, but never having to live like a normal citizen under their dictatorships.. Hypocrites who benefit from free societies and have no empathy for those living under authoritarian dictatorships.. sad.