Uruguay president declares $322,883 in wealth: flower farm, bank account and 2 VW Beetles | iNFOnews | Thompson-Okanagan's News Source
Subscribe

Would you like to subscribe to our newsletter?

Current Conditions Mostly Cloudy  -0.1°C

Uruguay president declares $322,883 in wealth: flower farm, bank account and 2 VW Beetles

FILE - In this Oct. 25, 2009, file photo Uruguay's President Jose Mujica stands in a tractor on his flower farm on the outskirts of Montevideo, Uruguay. Mujica has declared $322,883 in wealth in 2014. Uruguay's president has been labeled “the poorest president in the world,” but his sworn declaration in 2014 shows a 74 percent increase since 2012. He says that’s because didn’t put his money, about $104,000, in bank accounts until recently. (AP Photo/Matilde Campodonico, File)

MONTEVIDEO, Uruguay - Uruguayan President Jose Mujica has declared $322,883 in wealth.

The plain-dressing Mujica has been called "the poorest president in the world." But his sworn declaration this year shows a 74 per cent increase in wealth since 2012. He says that's because he didn't put his money, about $104,000, into bank accounts until recently.

The flower farm where he lives with his wife, Sen. Lucia Topolansky, is valued at about $108,000. They share ownership in two other properties.

When it comes to wheels, Mujica has three tractors and two 1987 Volkswagen Beetles. The VWs together are worth about $4,750.

Uruguay's 42,000 public officials have to make sworn wealth declarations every two years, but only the top two are required to make them public.

Vice-President Daniel Astori says he's worth $389,000.

News from © The Associated Press, 2014
The Associated Press

  • Popular kamloops News
View Site in: Desktop | Mobile