Nicolás Maduro Net Worth

What is Nicolás Maduro's Net Worth?

Nicolás Maduro is a Venezuelan politician who has a net worth of $2 million. The president of Venezuela since 2013, Nicolás Maduro was previously the vice president and minister of foreign affairs under Hugo Chávez. A dictator leading a violent authoritarian regime, Maduro has orchestrated rampant corruption and human rights abuses that have resulted in a series of sociopolitical crises in Venezuela.

Early Life and Education

Nicolás Maduro Moros was born on November 23, 1962 as the only boy of four children of Teresa and Nicolás. His father was an eminent trade union leader. Although Maduro claims to have been born in Caracas, Venezuela, his birthplace and nationality have been heavily disputed. Growing up, Maduro attended the Liceo José Ávalos in El Valle, where he was a member of the student union. However, he did not graduate.

Career Beginnings

Maduro began his career as a bus driver for the Caracas Metro, where he established an unofficial trade union. In 1983, he worked as a bodyguard for José Vicente Rangel during Rangel's unsuccessful presidential campaign. A few years later, Maduro moved to Havana, Cuba and lived with various militants of South American leftist groups. He took a one-year course at the Escuela Nacional de Cuadros Julio Antonio Mella while there. In the early 1990s, Maduro joined the Revolutionary Bolivarian Movement-200 to campaign for the release of Hugo Chávez from prison following Chávez's attempted coup d'état. Later in the decade, Maduro helped found the Fifth Republic Movement to support Chávez's return to power.

Rise in Government

On the Fifth Republic Movement ticket, Maduro was elected to Venezuela's Chamber of Deputies in 1998. He was then elected to the Constituent National Assembly in 1999, followed by the National Assembly in 2000. Maduro represented the Capital District on all occasions. He went on to become the president of the National Assembly under Chávez in 2005, and then minister of foreign affairs in 2006. Maduro served in the latter role until he became vice president in 2012. In an unprecedented move, Chávez, who was dying from cancer, named Maduro as his successor. Maduro subsequently became the interim president of Venezuela upon the death of Chávez in March of 2013.

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President of Venezuela

In a special presidential election triggered by Chávez's death in 2013, Maduro was declared the winner on the United Socialist Party of Venezuela ticket. His first years as president were marked by major shortages in Venezuela that created poor living standards for citizens, resulting in mass protests. In 2015, Maduro began ruling by decree as an opposition-led National Assembly came to power. Although a movement for recalling Maduro gained steam, it was quashed by the government, and Maduro consolidated his power via the Supreme Justice Tribunal and the military. In 2017, the Supreme Justice Tribunal divested the National Assembly of its power, precipitating a constitutional crisis and more mass protests. Maduro responded by calling for a constitutional rewrite, leading to the fraudulent election of the Constituent National Assembly. Maduro was reelected as president in a rigged election in 2018. Early the next year, the opposition legislative body named National Assembly president Juan Guaidó as interim president of Venezuela, sparking a long-running presidential crisis.

Venezuela entered another political crisis in 2024 when Maduro claimed a reelection victory in another rigged election. Overall, under his authoritarian regime, Venezuela has seen rampant corruption, repression, socioeconomic hardship, and human rights abuses. Between 2013 and 2023, the country fell 42 places on the World Press Freedom Index. The United Nations and Human Rights Watch estimate that over 20,000 people have been killed extrajudicially under Madura's dictatorship and over seven million have been forced to flee Venezuela due to the conditions there. Additionally, the UN has stated that the nation's justice system has been profoundly eroded, with numerous due process violations and the use of torture to extract evidence. In 2018, an independent board designated by the Organization of American States declared that Maduro and his government committed crimes against humanity. A few years later, the International Criminal Court launched an investigation into these crimes.

Personal Life

Maduro's first wife was Adriana Guerra Angulo, with whom he had his only son, Nicolás. After their divorce, Maduro married lawyer and politician Cilia Flores in 2013. They had previously dated in the 1990s when Flores was Hugo Chávez's lawyer. From Flores's first marriage, Maduro has three stepchildren named Walter, Yoswel, and Yosser.

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