Crony Venezuela: Chavez amassed a fortune of $2 billion?


It’s good to be dictator (I guess, so long as one is alive). Since 1999 when Chavez took power he has taken a big pile of money for himself too.

But as they say, you can’t take it with you, and the “Bolivarian” revolutionary in Venezuela is leaving behind quite a lot. Can billionaires really be part of the “vanguard of the proletariat?”

(From News From Venezuela)

According to Jerry Brewer, president of CJIA, “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,”

Click here for the article.

arroyoribera 5pts

As for the unsubstantiate accusations about Chavez accumulation of a fortune of $1 billion, this "information", increasingly repeated across the internet, comes from a Jerry Brewer who self-describes himself on a sub-page of his CJIA website as (quote) Mr. Brewer is a U.S. Government-trained counterterrorism specialist and senior trainer, with extensive operational activity in Latin America and the Middle East as an intelligence community operative. (end quote) A credible source indeed.

Sarah 5pts

Humanity is better now that he's gone. Now, America should wake up and realizing what's happening right in front of our face. Free healthcare, food, etc to the poor...sounds very similar to someone currently in office. Just sayin'.....

Robert Allison
Robert Allison 5pts

...and by the way, that's not even getting into the droves of political demigods in our country. We in the U.S. are not immune to lies and corruption either. Just for balance. We here are always criticizing other countries as if we are so much better. Don't kid yourself.

Robert Allison
Robert Allison 5pts

Thanks for reminding folks that contrary to admirers' one-sided opinions, Chavez was a ruthless self-promoter, convincing the easily swayed poor in his country to idolize him, when in truth he was just another wanna-be political god who robbed the people blind. Did he do "good" things. Yeah, but how many rotten things to each good one? As always, truth will be known eventually by even his supporters, and his memory will be left blowing in the wind with the dust of endless other despots throughout time.

Byron Whitesides
Byron Whitesides 5pts

all these communists are the same, claim to be looking out for the poor and common man, while they steal from the poor to enrich themselves.

Christopher Dimitrie
Christopher Dimitrie 5pts

damn. he should have joined the republican party here in the states. with a asshole act like that the conservatives would forget that birth certificate shit and made him their king.

Gary Mallast
Gary Mallast 5pts

Socialist leaders promise everything and steal everything

Gary Mallast
Gary Mallast 5pts

Typical of socialist leaders for the last five centuries.

Rachel Gamarra
Rachel Gamarra 5pts

Please, let's use the same measure against our own government that we use against the rest of the world.

Chris VanOsdol
Chris VanOsdol 5pts

And how the left is crying that he is gone......

Alfonso Roces
Alfonso Roces 5pts

the cancer of Venezuela has succumbed to cancer

Jo Anne Buchanan
Jo Anne Buchanan 5pts

What democracy? Under the current "leadership" America is more marxist every day. Look at how much money the POTUS has and is squandering ours every day.

Matt Helppi
Matt Helppi 5pts

Man of robbing and worsening the lives of people and ruining an economy and a country. . . I can't understand why anyone defends this ex-tyrant.

Jim Paulus
Jim Paulus 5pts

Yet he was for the poor people? What a f'n joke!

Jeffery Branham
Jeffery Branham 5pts

He amassed nothing,it was all stolen from the people of Venezuela and the world!

Eric S. Harris
Eric S. Harris 5pts

Yep. He understood the problems of the poor. That's why he didn't want to be one of them. Or even come close.

Jason Goodwin
Jason Goodwin 5pts

@Thomas Campbell I couldn't have said it better myself. Welcome to a Christ-less eternity, Mr. Chavez.

Andrew Merrill
Andrew Merrill 5pts

$100B out of about $1T...that's only about 10% right? If the U.S. government owned its own oil, the percentage it robbed from its citizens would probably be far more...

Jeff Roland
Jeff Roland 5pts

Is this the result of the 2 billion Obozo gave Venezuala/Chavez ahter the gulf oil spill.

Mark S. Queen
Mark S. Queen 5pts

He was the Ogliarch that He accused his opponents of being.

Mark Callahan
Mark Callahan 5pts

Democracy, Banana Republic, Dictatorship doesn't matter they're all plutocrats these days.