Hugo Chavez accumulated a large fortune

Hugo Chavez fortune

“Being rich is bad, it is inhumane so I say.” This statement does not surprise much if it had not been told by anyone other than Hugo Chavez Frias. In 2005, during a meeting with the small and medium entrepreneurs in the country, the president said: “Those who work and have produced great wealth they should donate all of this (…) to charities.”

However, the late Chavez was far short of what he preached, because he “liked to wear a certain type of brand watches like Patek Phillip and signature outfits custom made“, told ABC Giovanni Scutaro, Chavez’s tailor.

Chavez had left an inheritance worth 2.000 millions of dollars, according to the declaration of Jerry Brewer, director of economic intelligence company Criminal Justice International Associates, which was published in the newspaper El Correo. The agency said that for three years the fortunes of Chavez came to that large figure, but it could be much higher today.

According to former Deputy, Wilmer Azuaje, the parents, brothers and even sons of the former president carry a hectic lifestyle. In recent years the home of Chavez accumulated goods, cars, jewelry and cash worth more than $ 500 million. Investigations revealed that the influence of the presidential surname was used by the large family that includes several grandchildren and a long list of nieces and godchildren.