Hugo Chavez Net Worth is$1 Billion
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Profession: Politician, Military officer, Rebel, Revolutionary, Soldier

Date of Birth: Jul 28, 1954

Nicknames: Hugo Chavez

Country: Venezuela

Hugo Chavez has an estimated net worth of $1 billion. Hugo Rafael Chavez Frias was born in was born July 28, 1954 in Sanbaneta, Venezuela He is currently the president of Venezuela , having taken office on February 2, 1999. At age 17 Chavez enrolled in the Venezuelan Academy of Military Sciences, graduating in 1975 as a sub-lieutenant with a degree in Military Arts & Sciences. Upon completing his studies Chavez entered active military service as a member of counter insurgency battalion stationed in Barinas. His military career lasted 17 years, throughout which he held various positions, rising to the rank of lieutenant colonel. He also held a variety of teaching positions. In 1983 Chavez held the Revolutionary Bolivarian Movement. In 1998 Chavez began to campaign for his presidency. His public speaking style of greatly noted for his flamboyancy and colloquialisms. He worked in order to gain the trust of the primarily poor working class citizens. He went on to win the 1998 election with %56 percent of the vote. Chavez has been married twice. His first marriage to Nancy Colmenares lasted 18 years, during which they had 3 children. He is also divorced from his second wife, Marisabel Rodriguez de Chavez, and they also have one daughter together.
Hugo Rafael Chavez Frias (Spanish pronunciation: ['u?o rafa'el 't?a?es 'f?]; born 28 July 1954) is the current President of Venezuela, having held that position since 1999. He was formerly the leader of the Fifth Republic Movement political party from its foundation in 1997 until 2007, when he became the leader of the United Socialist Party of Venezuela (PSUV). Following his own political ideology of Bolivarianism and "Socialism for the 21st Century", he has focused on implementing socialist reforms in the country as a part of a social project known as the Bolivarian Revolution, which has seen the implementation of a new constitution, participatory democratic councils and the nationalisation of several key industries.
Born into a working class family in Sabaneta, Barinas, Chavez became a career military officer, and after becoming dissatisfied with the Venezuelan political system, he founded the secretive Revolutionary Bolivarian Movement-200 (MBR-200) in the early 1980s to work towards overthrowing it. Chavez led the MBR-200 in an unsuccessful coup d'etat against the Democratic Action government of President Carlos Andres Perez government in 1992, for which he was imprisoned. Getting out of prison after two years, he founded a social democratic political party, the Fifth Republic Movement, and was elected president of Venezuela in 1998. He subsequently introduced a new constitution which increased rights for marginalised groups and altered the structure of Venezuelan government, and was re-elected in 2000. During his second presidential term, he introduced a system of Bolivarian Missions, Communal Councils and worker-managed cooperatives, as well as a program of land reform, whilst also nationalising various key industries.
Chavez describes his policies as basically anti-imperialist and he is a vocal critic of neoliberalism and capitalism more generally, Chavez has been a prominent adversary of the United States' foreign policy. Allying himself strongly w

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Hugo Chavez Latest News

GGP: Venezuela crisis is the hidden consequence of Saudi Arabia’s oil price war

Living standards have truly collapsed. Many factors have contributed to Venezuela’s current crisis including mismanagement of oil wealth by former president Hugo Chavez and the current leader, Nicolás Maduro, and criminality, lawlessness and the black ...
Posted: August 18, 2017, 10:28 am

Hugo Chávez, Sabaneta’s boy… Dreaming of being armed

Hugo Chávez spent his first years in this environment where ... who had risen up against the dictatorship of Juan Vicente Gómez. As Chavez himself would say, it was in fact Grandma Rosa Inés who advised him of his difficult path as a military and ...
Posted: August 5, 2017, 2:12 am

Hugo Chavéz's brother among eight Venezuelans placed under US sanctions

Most prominent among those targeted on Wednesday was Adán Chávez, 64, a physicist and late president Hugo Chavez’s elder brother. He is former culture minister, served for nearly a decade as governor of his home state of Barinas and is now secretary of ...
Posted: August 11, 2017, 1:07 am

What to Do With Venezuela?

A move this drastic would likely strengthen Maduro, because it feeds into the historic narrative set up by his predecessor, Hugo Chavez. In 2002, during a failed coup to remove Chavez, much of Latin America remained quiet because leaders didn’t want to ...
Posted: August 17, 2017, 11:13 am

U.S. sanctions target 8 accused of undermining Venezuelan democracy, including Hugo Chavez's brother

The United States is imposing sanctions on eight more individuals, including the brother of the late Venezuelan President Hugo Chavez, whom it accuses of undermining democracy in the South American country. The Treasury Department said seven are current or ...
Posted: August 9, 2017, 2:50 pm
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