President of El Salvador and Bitcoin fan is one of the richest in Latin America, surpassing Bolsonaro

El Salvador’s president, Nayib Bukele, an outspoken fan of Bitcoin, is one of the three richest in Latin America, surpassing even the fortune of Brazil’s chief executive Jair Bolsonaro. The investigation has been conducted in recent days and shows the fate of the presidents of several countries in the region.

In 2022, El Salvador set an example to the world in the quest for financial and economic freedom, by looking to Bitcoin for a possible international exit route. Since only the dollar was legal tender in the small Central American country, the arrival of Bitcoin was welcomed by the president and members of the local National Congress.

With the move, El Salvador became the first country to legalize bitcoin, and the president has benefited from that community’s support in recent months.

El Salvador’s Bitcoin Fan President Is Third Richest In Latin America, Even surpassing Jair Bolsonaro

A recent survey was conducted to collect official data from the governments of Latin America, a region with countries that speak Spanish, Portuguese and French.

The research was conducted by Bloomberg Linea, which found that the richest president in this region is Luis Abinader from the Dominican Republic. In addition to receiving US$8,000 in salary per month, the president has an estimated fortune of US$76.1 million (something like R$396 million).

Guilherme Lasso of Ecuador is the second richest president in Latin America after Brazil, with $39.7 million in assets or $206 million. His monthly salary is $6,446.00 a month and, like Luis Abinader, Lasso also donates the entire amount to charity.

Third richest state than President Nayib Bukele of El Salvador, with US$2.5 million in assets, a value that could be higher given the 2019 data. At the current dollar rate, this value is equal to BRL 13 million.

Paraguay president also surpasses Bolsonaro

The estimated net worth of Jair Bolsonaro according to the research of official information is US$446 thousand, or R$2.3 million with a dollar of R$5.20. For example, the president of Brazil is the 5th richest in Latin America.

Brazil's President Jair Bolsonaro in 2022
Brazil’s President Jair Bolsonaro, in 2022. Photo: Alan Santos/PR

For him, Mario Abdo Benítez is in fourth place, with a net worth of $953,000, or 4.9 million reais.

The total survey of presidents shows 13 presidents and their assets, excluding information from Venezuela, Panama, Honduras and others, who do not have this transparent information for the general public.

Richest Presidents in Latin America
Richest Presidents in Latin America. Credit: Bloomberg Linea

Source: Live Coins

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