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Hugo Chavez’s Ambassador Daughter is Venezuela’s Richest Woman

High society: The daughter of Hugo Chavez may be the wealthiest woman in Venezuela, according to evidence reportedly in the hands of Venezuelan media outlets

Maria Gabriela Chavez, 35, the late president’s second-oldest daughter, holds assets in American and Andorran banks totaling almost $4.2billion.

  • Diario las Americas claims that Maria Gabriela Chavez, 35, has $4.2billion in assets held in American and Andorran banks
  • Hugo Chavez famously declared ‘being rich is bad’ and during his lifetime railed against the wealthy for being lazy and gluttonous
  • Efforts to determine Chavez’s wealth have been made before, without much luck

Pete D’Amato reports: The daughter of Hugo Chavez, the former president who once declared ‘being rich is bad,’ may be the wealthiest woman in Venezuela, according to evidence reportedly in the hands of Venezuelan media outlets.

Maria Gabriela Chavez, 35, the late president’s second-oldest daughter, holds assets in American and Andorran banks totaling almost $4.2billion, Diario las Americas reports.

The figure would make Gabriela Chavez wealthier than media mogul Gustavo Cisneros, whom Forbes named the wealthiest Venezuelan earlier this year with $3.6billion in assets.

High society: The daughter of Hugo Chavez may be the wealthiest woman in Venezuela, according to evidence reportedly in the hands of Venezuelan media outlets

Maria Gabriela Chavez, 35, the late president's second-oldest daughter, holds assets in American and Andorran banks totaling almost $4.2billion, Diario las Americas reports

Maria Gabriela Chavez, 35, the late president’s second-oldest daughter, holds assets in American and Andorran banks totaling almost $4.2billion, Diario las Americas reports

The Miami-based newspaper did not detail what evidence there was outlining Chavez’s assets, though there have long been rumors she held a sizable fortune.

Last year, reporter María Elvira Salazar displayed what appeared to be a receipt showing millions in a bank account belonging to Gabriela Chavez withdrawn in the United States.

The receipt displayed the name Frabz Federal Bank, a fictitious bank used in a meme of fake ATM receipts.

Maria Gabriela Chavez, 35, the late president's second-oldest daughter, holds assets in American and Andorran banks totaling almost $4.2 billion

Others close to Chavez managed to build up great personal wealth that was kept outside the petrostate.

Alejandro Andrade, who served as Venezuela’s treasury minister from 2007 to 2010 and was reportedly a close associate of Chavez, was discovered to have $11.2billion in his name sitting in HSBC accounts in Switzerland, according to documents leaked by whistleblower Hervé Falciani.

Maria Gabriela Chavez, 35, the late president’s second-oldest daughter, holds assets in American and Andorran banks totaling almost $4.2 billion….(read more)

Source: Daily Mail Online

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4 Comments on “Hugo Chavez’s Ambassador Daughter is Venezuela’s Richest Woman”

  1. hassang66 says:

    Does panama leaks includes her name? It is a striking news. Chavez has been an icon all over the world.

  2. katusablog says:

    Reblogged this on katusablog and commented:
    All too twisted!

  3. Ricardo says:

    As I was able to confirm, the MEDIA is actually lying about HC daughter, they didn’t find any “proofs” of the money nor the accounts, the only thing i’ve seen published was a link, created with this http://frabz.com/gen/fake-atm-receipt-generator.php url.

    Now, I can understand this with just three or four google searches, how is this hard for other journalists?

    • The Butcher says:

      Sorry, your hysterically funny claim is false, debunked, silly, worthless The story stands, reported world wide. (A “fake atm receipt generator” link is really the best you can do? This is the best defense a socialist-apologist propagandist can come up with?)

      —-

      Here’s more, from http://www.latinpost.com/articles/71424/20150812/maria-gabriela-chávez-net-worth-hugo-chávezs-daughter-richest-woman-in-venezuela-worth-4-2-billion.htm

      The net work of late socialist leader Hugo Chávez’s second-oldest daughter is estimated at $4.2 billion, making María Gabriela Chávez the richest woman in Venezuela.

      The 35-year-old, whom embattled President Nicolás Maduro last year appointed an alternate ambassador to the United Nations, apparently holds most of her assets in accounts in the United States and Andorra, where they are not affected by Venezuela’s volatile economy and highly deflationary currency, Diario Las Américas reported.

      “(Her) fortune is a far cry from the slogan her father used to use: ‘Being rich is back’ and is even less compatible with the socialist doctrine that (Hugo) Chávez tried to force on the oil-rich country,” Diario Las Américas editorialized.

      The assets of businessmen such as Lorenzo Mendoza pale in comparison, the newspaper detailed. Mendoza, the owner of the powerful Polar group, had often been a favorite foe of the late president’s, who used to belittle him as “the great oligarch.”

      During his lifetime, Chávez frequently denounced wealthy individuals, the Daily Mail recalled. “The rich don’t work, they’re lazy,” he said in a speech in 2010. “Every day they go drinking whiskey — almost every day — and drugs, cocaine, (and) they travel.”

      But the socialist leader’s daughters seem to have adopted a rather lavish lifestyle. Their refusal to move out of Miraflores Palace, Venezuela’s official presidential residence, cost the Venezuelan state $3.6 million a day in 2014, El Comercio noted, based on estimates by opposition congressman Carlos Berrisbeitía. It also meant that Chávez’s successor had to remain in the vice presidential residence.

      When allegations first surfaced against her last year following a scandal concerning an Argentine rice company, Chavez took to Instagram to comment on the corruption scandal, offering a classic “non-denial denial.”

      “They talk about millions, they talk about inheritance, they talk about riches, and they believe that they (can) offend (me) with insults,” she captioned the photo in Spanish.

      But “they are such basic beings that they do not have any idea about the greatest riches that you have always given me and that you have left me here: your look full of love, your example of greatness and your absolute sacrifice,” she added, in apparent reference to her late father.


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