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Caribbean-Latin America
Chávez’s family fortune at around $2 billion
2013-03-06
Criminal Justice International Associates (CJIA), a risk assessment and global analysis firm in Miami, estimated in a recent report that the Chávez Frías family in Venezuela has “amassed a fortune” similar to that of the Castro brothers in Cuba.

According to Jerry Brewer, president of CJIA, “the personal fortune of the Castro brothers has been estimated at a combined value of around $2 billion.”

“The Chávez Frías family in Venezuela has amassed a fortune of a similar scale since the arrival of Chávez to the presidency in 1999,” said Brewer in an analysis published in their website.

Brewer said that Cuba is receiving about $5 billion per year from the Venezuelan treasury and in oil shipments and other resources.

“We believe that organized bolivarian criminal groups within the Chávez administration have subtracted around $100 billion out of the nearly $1 trillion in oil income made by PDVSA since 1999.”
Posted by:Steve White

#5  Another dedicated public servant who worked for the good of the community at great personal sacrifice.
Posted by: regular joe   2013-03-06 20:00  

#4  Under achiever.
Posted by: Skidmark   2013-03-06 11:53  

#3  The Chavez family better hope that whoever comes on board follows the Castro blueprint and keeps the purloined wealth in the family. Surely with all that oil there should be enough to go around amongst the nomenclature.
Posted by: tipper   2013-03-06 02:54  

#2  He's not the first wealthy communist.
Posted by: Clusong Gromort6441   2013-03-06 02:15  

#1  damn,he did do a lot of coke didn't he.
Posted by: chris   2013-03-06 00:17  

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