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Title: Maria Gabriela Chávez Net Worth: Hugo Chávez's Daughter Richest Woman in Venezuela, Worth $4.2 Billion
Source: [None]
URL Source: http://www.latinpost.com/articles/7 ... enezuela-worth-4-2-billion.htm
Published: May 23, 2016
Author: Andre F. Puglie (staff@latinpost.com)
Post Date: 2016-05-23 00:36:16 by Tatarewicz
Keywords: None
Views: 160
Comments: 3

LatinPost... The net work (worth)of late socialist leader Hugo Chávez's second-oldest daughter is estimated at $4.2 billion, making María Gabriela Chávez the richest woman in Venezuela.

The 35-year-old, whom embattled President Nicolás Maduro last year appointed an alternate ambassador to the United Nations, apparently holds most of her assets in accounts in the United States and Andorra, where they are not affected by Venezuela's volatile economy and highly deflationary currency, Diario Las Américas reported.

"(Her) fortune is a far cry from the slogan her father used to use: 'Being rich is back' and is even less compatible with the socialist doctrine that (Hugo) Chávez tried to force on the oil-rich country," Diario Las Américas editorialized.

The assets of businessmen such as Lorenzo Mendoza pale in comparison, the newspaper detailed. Mendoza, the owner of the powerful Polar group, had often been a favorite foe of the late president's, who used to belittle him as "the great oligarch."

During his lifetime, Chávez frequently denounced wealthy individuals, the Daily Mail recalled. "The rich don't work, they're lazy," he said in a speech in 2010. "Every day they go drinking whiskey -- almost every day -- and drugs, cocaine, (and) they travel."

But the socialist leader's daughters seem to have adopted a rather lavish lifestyle. Their refusal to move out of Miraflores Palace, Venezuela's official presidential residence, cost the Venezuelan state $3.6 million a day in 2014, El Comercio noted, based on estimates by opposition congressman Carlos Berrisbeitía. It also meant that Chávez's successor had to remain in the vice presidential residence.

When allegations first surfaced against her last year following a scandal concerning an Argentine rice company, Chavez took to Instagram to comment on the corruption scandal, offering a classic "non-denial denial."

Hablan de millones, hablan de herencias, hablan de riquezas...y creen que ofenden con insultos. Son seres tan básicos que no tienen idea que la riqueza mas grande que siempre me diste y que aquí me dejaste, fue tu mirada llena de amor, tu ejemplo de grandeza y tu entrega absoluta. Te siguen atacando. Te siguen temiendo. Y eso me sigue llenando cada día de mas amor, FUERZAS y orgullo de ti. GRACIAS POR TANTO, GIGANTE. #maisantaquesonbastantes

"They talk about millions, they talk about inheritance, they talk about riches, and they believe that they (can) offend (me) with insults," she captioned the photo in Spanish.

But "they are such basic beings that they do not have any idea about the greatest riches that you have always given me and that you have left me here: your look full of love, your example of greatness and your absolute sacrifice," she added, in apparent reference to her late father.

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#1. To: Tatarewicz (#0)

The net work (worth)of late socialist leader Hugo Chávez's second-oldest daughter is estimated at $4.2 billion, making María Gabriela Chávez the richest woman in Venezuela.

Their refusal to move out of Miraflores Palace, Venezuela's official presidential residence, cost the Venezuelan state $3.6 million a day in 2014,

I take those statements with a grain of salt since they are most likely greatly inflated. Nevertheless, it shows that leaders of country almost always use their position to get rich.

DWornock  posted on  2016-05-23   1:24:24 ET  Reply   Trace   Private Reply  


#2. To: Tatarewicz (#0)

Not a good reflection on her father, to say the least. I'm trying to like him.

My tagline is (in case nobody was wondering) a further indictment of do- goodery. Nothing wrecks the environment like multiplying the population 43- fold:

--------------------------------------------------------------

Tagline:The African population of Zimbabwe had increased from an estimated 300,000 in 1890 to 7 million in 1980. This phenomenal increase was the result of the development of a modern infrastructure, first-world health standards and the bountiful crop harvests produced by the white Rhodesian farmers.
By July 2006, the population had almost doubled to 13 million, the result of a symbiotic relationship that had been forged between the 3,400 commercial farmers and the other inhabitants. (IMPACT newsletter March-July 2005)

NeoconsNailed  posted on  2016-05-23   1:27:43 ET  (1 image) Reply   Trace   Private Reply  


#3. To: DWornock (#1)

leaders of country almost always use their position to get rich.

So thinks Zharkov(American) on Pravda Main Forum:

"The alleged economic or political system doesn't matter. If leaders have access to money, they take some, and if they can make the taking "legal", they will. If not, they will call it something else that makes it seem necessary.

The bottom line is that nearly all political leaders in every country leave office worth millions of dollars more than they had before being elected, and their salaries never can justify that kind of wealth. Pick any country and compare what their leaders had before they got the job, and what they now have. In a few cases, they actually earned the money, but in most cases they were paid off with someone else's money.

One particularly galling feature of monetary government is how the public may be injured by corporate wrongdoing, yet it is the government who collects the fines and penalties and keeps the money for itself rather than handing it over to the victims. Banks can wrongfully foreclose on thousands of homeowners, yet the government keeps the fines and gives nothing to the victims.

"Government" has become a system of tribute and pillage."

Edited by Zharkov

When oil price was in the $100 range it was easy enough for politicians to siphon off. Back then I got an email from someone purporting to be a company secretary in Russia asking me to stash a few million for her although might have been a spam scam.

Seems though highly trained professionals like Thatcher, Merkel, Castro have avoided this kind of indulgence.

Tatarewicz  posted on  2016-05-24   3:32:51 ET  Reply   Trace   Private Reply  


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