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Nye Bevan

(25,406 posts)
Tue Mar 5, 2013, 11:15 PM Mar 2013

Hugo Chavez had a net worth of $1 billion at the time of his death.

Hugo Chavez was a Venezuelan politician who had a net worth of $1 billion at the time of his death on March 5th 2013. A 2010 report from Criminal Justice International Associates (CJIA), a global risk assessment and threat mitigation firm estimated that the Chavez family assets totaled between $1 and $2 billion USD. The vast majority of these assets are oil related and were controlled by Hugo himself prior to his death. The head of the CJIA, Jerry Brewer, asserted that since Hugo's rise to power in 1999, the extended family has amassed its fortune through both legal and illegal methods. Brewer further estimates that the Chavez family and hundreds of other criminal organization have "subtracted $100 billion out of the nearly $1 trillion in oil income made by PDVSA (Venezuela's state controlled oil company), since 1999."

http://www.celebritynetworth.com/richest-politicians/hugo-chavez-net-worth/


35 replies = new reply since forum marked as read
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Hugo Chavez had a net worth of $1 billion at the time of his death. (Original Post) Nye Bevan Mar 2013 OP
Oh, well, if Jerry Brewer says so alcibiades_mystery Mar 2013 #1
I suspect that is complete rightwing bullshit. Warren Stupidity Mar 2013 #2
I suspect you are exactly right. apocalypsehow Mar 2013 #13
Ditto. He controlled an entire country...why wouldn't he. It's what he's done with his wealth kelliekat44 Mar 2013 #24
How could anyone possibly know? Zax2me Mar 2013 #3
Is $1B appropriate recompense for someone who Loudly Mar 2013 #4
As unsubstantiated as this is... randome Mar 2013 #5
Warren Buffett is not a "solid progressive" by any means. Egalitarian Thug Mar 2013 #14
I suspect the author is actually citing money that Chavez was redistributing to the people Bjorn Against Mar 2013 #6
the "global threat mitigation" group that announced this figure did not back it up, or source niyad Mar 2013 #7
Whay are the Kuwaiti royals worth? Octafish Mar 2013 #8
Nobody, nor any single family is worth "trillions" A HERETIC I AM Mar 2013 #12
My guess is based on annual oil revenues, which exceed ALL planetary govt expenditures. Octafish Mar 2013 #17
If you added up all the wealth of the SAUDI Princes.... A HERETIC I AM Mar 2013 #18
And you know how much the Saudis have in Switzerland? Octafish Mar 2013 #19
Actually ... Lurker Deluxe Mar 2013 #23
Nice source. nt geek tragedy Mar 2013 #9
Nonesense From A Low-Grade Rent-A-Spook, Sir The Magistrate Mar 2013 #10
Their website does not exactly instill one with confidence Recursion Mar 2013 #22
No, Sir, It Does Not The Magistrate Mar 2013 #34
I estimate that Jerry Brewer has committed no less than 12 acts of pedophilia LittleBlue Mar 2013 #11
Fartworthy bullshit Catherina Mar 2013 #15
Well said dipsydoodle Mar 2013 #20
Lol Catherina Mar 2013 #33
Of course the CIA tells no lies. NT newfie11 Mar 2013 #16
CJIA, not CIA (nt) Recursion Mar 2013 #21
Who cares libtodeath Mar 2013 #25
Oh noes!!1 HappyMe Mar 2013 #26
You can't take it with you. talkingmime Mar 2013 #27
so what is the magic acceptable number for U.S. politicians to rake in the gravy? Whisp Mar 2013 #28
Oh my - the typical rightwing meme - liberals and socialists are not supposed to be rich..... djean111 Mar 2013 #29
It's either not true, or he deserved it. Robb Mar 2013 #30
It's called Wealth Redistribution slackmaster Mar 2013 #31
haha its the Bolivarian way!!! Bacchus4.0 Mar 2013 #32
another lie unsorted Mar 2013 #35
 

alcibiades_mystery

(36,437 posts)
1. Oh, well, if Jerry Brewer says so
Tue Mar 5, 2013, 11:22 PM
Mar 2013


I really have no dog in the Chavez fight, but this is just a poor effort even by the low standards of the Chavez Brawls. Some dipshit who runs some low-rent "security" firm says X, and anybody is supposed to take that seriously. I'm subtracting points from Nye Bevan for a really weak and embarrassing play here.

Jerry Brewer! Oh, Lawd!



 

kelliekat44

(7,759 posts)
24. Ditto. He controlled an entire country...why wouldn't he. It's what he's done with his wealth
Wed Mar 6, 2013, 09:53 AM
Mar 2013

that is important to the people of Venezuela. Remember it was said that Qaddifi had stashed billions away and when they really researched the money it was mostly in accounts in the name of the Libyan government. The US needs to stop pontificating about other nations and other leaders and get its own house in order. The vile retorts against anything not our own brand of capitalism need to stop!!

 

Zax2me

(2,515 posts)
3. How could anyone possibly know?
Tue Mar 5, 2013, 11:29 PM
Mar 2013

He controlled all information/media. Hell, read report from his camp two days ago that he was fine.
Could be penniless.
Could be billionaire.

 

Loudly

(2,436 posts)
4. Is $1B appropriate recompense for someone who
Tue Mar 5, 2013, 11:41 PM
Mar 2013

kicked ExxonMobil's, ConocoPhillips', Chevron's and BP's asses?

Possibly. Sounds about right.

 

randome

(34,845 posts)
5. As unsubstantiated as this is...
Tue Mar 5, 2013, 11:46 PM
Mar 2013

...Warren Buffet is worth a lot of money, too, yet he's a solid Progressive. Wealth does not make someone 'evil'.

That being said, I have no idea if Chavez amassed his fortune entirely legally, either, but this article offers no proof.

 

Egalitarian Thug

(12,448 posts)
14. Warren Buffett is not a "solid progressive" by any means.
Wed Mar 6, 2013, 01:42 AM
Mar 2013

He is probably the smartest pragmatist on earth, and as such, is working to head off what has a very high probability of ruining what he's built over his lifetime.

He does what he does, and advocates what he advocates because he can see where the current course leads, not because he wants or cares what happens to humanity or civilization, but because he wants to leave an enduring empire behind. This is a man that has ruthlessly exploited stupid people around him, has ruined both partners and competitors, and has even cut out close relatives on his path of compulsive acquisition.

Warren Buffett is a solid Buffetteer, first, last, and always.

Bjorn Against

(12,041 posts)
6. I suspect the author is actually citing money that Chavez was redistributing to the people
Wed Mar 6, 2013, 12:09 AM
Mar 2013

Chavez nationalized the oil industry and redistributed the wealth to the people, my guess is the author is pretending like Chavez is keeping all the money for himself and totally ignoring where the money actually goes.

niyad

(113,336 posts)
7. the "global threat mitigation" group that announced this figure did not back it up, or source
Wed Mar 6, 2013, 01:25 AM
Mar 2013

their "information". the group reminds me of blackwater.

Octafish

(55,745 posts)
8. Whay are the Kuwaiti royals worth?
Wed Mar 6, 2013, 01:33 AM
Mar 2013

Or the Saudi royal family?

In dollars, trillions.

And they're friends of the BFEE.

A HERETIC I AM

(24,370 posts)
12. Nobody, nor any single family is worth "trillions"
Wed Mar 6, 2013, 01:40 AM
Mar 2013

Saying so indicates a complete lack of understanding of just how large one trillion dollars actually is.

Octafish

(55,745 posts)
17. My guess is based on annual oil revenues, which exceed ALL planetary govt expenditures.
Wed Mar 6, 2013, 08:30 AM
Mar 2013

The world spends more on oil than anything else: about $4.37 trillion last year. A pretty good cut of that went to the Saudi royal family and its toadies.

http://www.ibisworld.com/industry/global/global-oil-gas-exploration-production.html

BTW: A trillion is a thousand billion. You know how many princess the Saudi royals have? A lot.

A HERETIC I AM

(24,370 posts)
18. If you added up all the wealth of the SAUDI Princes....
Wed Mar 6, 2013, 08:53 AM
Mar 2013

it wouldn't approach one thousand billion.

Carlos Slim would need another 930 billion himself to get to the Trillionaire plateau.

All of the Saudi's together? (I'm just talking the Saudi's now, not all of the Arab oil oligarchs together)

A couple hundred billion, sure. Maybe.

But a trillion? No way.

As you said, the world spent $4.37 Trillion last year on oil. That's REVENUE, not profit.

Octafish

(55,745 posts)
19. And you know how much the Saudis have in Switzerland?
Wed Mar 6, 2013, 09:22 AM
Mar 2013

Going back to Reagan's day and oil prices have steadily risen. The profits from the proceeds have gone into fewer pockets, including Saudi royals and their toadies like Adnan Khashoggi and the bin Ladens. I imagine some of them include non-Saudis, like the cronies of the Bush Crime Family.

The members of the family say they have more than Forbes says they do. I bet it's more than you say they do.



Saudi billionaire 'exaggerated' wealth in bid to reach world's richest top 10 list

March 6, 2013 - 5:48AM
Sydney Morning Herald

Forbes magazine has alleged Saudi tycoon Prince Alwaleed bin Talal "systematically exaggerates" his wealth after the billionaire accused the magazine of understating the size of his fortune.

Alwaleed announced he was severing his ties with Forbes after it reported in its annual billionaires' list that he was only worth $US20 billion ($19.74 billion), $US9.6 billion less than the prince claims.

In its 2013 list published on Monday, Forbes ranked Alwaleed the world's 26th top billionaire, naming him the richest man in the Arab world.

But immediately after the list came out, the prince's office and his Kingdom Holding investment group announced they "have ended their long-standing relationship with the Forbes Billionaires List."

CONTINUED...

http://www.smh.com.au/executive-style/management/saudi-billionaire-exaggerated-wealth-in-bid-to-reach-worlds-richest-top-10-list-20130306-2fjp4.html



$20 billion or $30 billion is a lot for one prince. I wonder how much the Saudi king holds? Add them all up and its in the hundreds of billions, if not a trillion.

Whatever it is, I'd like to know the answer. What you'd like is your business.

Lurker Deluxe

(1,036 posts)
23. Actually ...
Wed Mar 6, 2013, 09:47 AM
Mar 2013

You can look that up easy enough ... for what is reported.

http://www.forbes.com/billionaires/#page 6_sort:5_direction:asc_search:_filter:All%20industries_filter:All%20countries_filter:All%20states

Sorted by location, Saudi ... like 8 billionaires in the country.

Maybe, if you added up ALL the Saudi billionaires you could get to 50 billion, I did not take the time to do the math but it looks close to 50 Billion. So, 5% of a trillion.

Of coarse some say that alot of their wealth is not reported or it is hidden. Maybe so, but where? A trillion dollars is more net worth than of the World's top 30 richest men combined. It's kinda hard to hide cash.

The Magistrate

(95,247 posts)
34. No, Sir, It Does Not
Wed Mar 6, 2013, 12:25 PM
Mar 2013

His roster of radio appearances, where I recognize the names, is a veritable rogues gallery....

 

LittleBlue

(10,362 posts)
11. I estimate that Jerry Brewer has committed no less than 12 acts of pedophilia
Wed Mar 6, 2013, 01:38 AM
Mar 2013

According to Little Blue Associates LLP. Prove me wrong, Jerry.

Catherina

(35,568 posts)
15. Fartworthy bullshit
Wed Mar 6, 2013, 02:26 AM
Mar 2013

Here's more from your pal Jerry whose obsession with Chavez is a thing to behold:

Monday, October 29, 2012

....

As well, Hezbollah fundraising activities, in the form of "financial transactions," on Margarita Island in Venezuela have been widely reported. Margarita Island is known to be the center of an extensive terrorist financial network, stretching throughout the Caribbean, including the Cayman Islands, and on to Panama.

Hezbollah has had a strong presence and long history of operating in South America, with agents and activities supported by Iran, Lebanon, and Syria.

The current U.S. administration appears to be mute on Iran's strategic interests in Latin America and its expansion across the region. Military deals with Venezuela and a military training school in Bolivia, with suspected Iranian funding, should have been a wakeup call for Washington. Too, the fact that Iran has opened 11 embassies throughout the region should have brought more than just a yawn from U.S. policy makers. It appears that the mood at the top is none of the leftist players, or their actions, are perceived to be threats.

http://www.mexidata.info/id3480.html
 

Whisp

(24,096 posts)
28. so what is the magic acceptable number for U.S. politicians to rake in the gravy?
Wed Mar 6, 2013, 10:03 AM
Mar 2013

a trebleloopbrazllion, becuase ya know, capitalism is great. That's different! lol.

Anyway, this story smells a bit.

 

djean111

(14,255 posts)
29. Oh my - the typical rightwing meme - liberals and socialists are not supposed to be rich.....
Wed Mar 6, 2013, 10:20 AM
Mar 2013

the rightwing equates wealth with power, and IMO actually feels GOOD about accumulating wealth in unsavory ways. They admire a Rick Scott for skimming billions from medicaid, but whine and sputter if a poor person gets a free hospital visit. Knowing that the hospital visit was likely over-billed to Medicaid.
They are so fixated on that ridiculous theory that all the poor people hate all the rich people that they cannot comprehend that liberals just will not turn on Al Gore or George Soros for the sole reason that they are wealthy. That really puzzles them.

And the sources are laughable. Criminals are running and ruining the United States right now. Major banks are laundering drug money. Hugely profitable corporations are paying no taxes and also getting refunds due to loopholes and special favors.
But ill-gotten wealth smells even better to the rightwing folks, methinks. As long as it is they who profit.

Heh, amassed a fortune through legal (who writes those laws?) and illegal means - what about the Bush family? What about JP Morgan? What about Adelson? The Kochs? A steaming pile of cognitive dissonance here.

Bacchus4.0

(6,837 posts)
32. haha its the Bolivarian way!!!
Wed Mar 6, 2013, 10:41 AM
Mar 2013

here is a pic of Diosdado Cabello's house, the head of the national assembly and ardent Chavista.

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