Nayib Bukele Net Worth: How Much Is Nayib Bukele Worth?
A politician and businessman from El Salvador, Nayib Armando Bukele Ortez was born on July 24, 1981. He has been president of El Salvador since June 2019. Because he isn't a candidate for one of the country's two big political parties, he is the first president since José Napoleón Duarte (1984–1989) to not be a candidate for one of them (ARENA).
When Nayib Bukele was born, he was called Nayib Armando Bukele Ortez. He was born in San Salvador, El Salvador, on July 24, 1981, to a Muslim father and a Christian mother. On his father's side, he comes from a Palestinian family. On his way to Central American University when he was a young man, Bukele took a course in law. Finally, he dropped out of school to start his first business. In the past, Bukele owned Yamaha Motors in El Salvador for a short time.
First, Bukele was elected mayor of the city of Nuevo Cuscatlán in 2012. During his time in charge of the city, he gave everyone over 55 in the city a package of food each month that met their basic nutritional needs. As a bonus, he gave scholarships to all students who had GPAs of at least 3.5 so that they could go to any university in the country.
It was also important that the homicide rate in Nuevo Cuscatlán went down during Bukele's three-year term. Businessman Edwin Zamora didn't win the race to become mayor of San Salvador in 2015. Bukele took the job. When Bukele was mayor, he modernized the city's infrastructure, including building more roads and replacing telecommunication lines, which made the city more modern.
Farabundo Mart National Liberation Front is one of the most important political parties in El Salvador. In 2017, Bukele was kicked out of it. This was in response to claims that he was causing division in the party, assaulting other members, and doing other things that were bad.
Following this, Bukele decided to run for president as an independent, emphasizing that he didn't like the political system that was in place at the time. A political party called Nuevas Ideas was set up by him in order to do this. The Supreme Electoral Court ended the party.
Bukele later joined the Grand Alliance for National Unity party, which is on the center-right side of the country. It turned out that he won the presidential election in 2019, becoming the first Salvadoran candidate in more than 30 years to win the job without being a member of one of the country's two main parties.
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When Bukele became president in June of this year, he came up with an idea for how to deal with the high crime rate in El Salvador. This meant that he used both the National Civil Police and the Armed Forces of El Salvador. Both were equipped with new guns and ammunition. Some people, including the U.S., say that Bukele reduced crime by talking to the powerful criminal gang Mara Salvatrucha.
He said that this led to an enormous drop in murders. To fight crime, even more, Bukele set up the International Commission Against Impunity in El Salvador and an anti-corruption unit in the National Civil Police to fight corruption.
In early 2020, Bukele got a lot of attention for sending soldiers into the Legislative Assembly to try to get lawmakers to pass a bill that would help the military buy new equipment. This isn't the only thing that made him look bad. The next year he led a move to fire the attorney general and five Supreme Court judges, a move that many people thought was self-serving.
Supreme Court rules that presidents can't run for reelection again for 10 years. This means that Bukele will be able to run for reelection in 2024. Some people thought this ruling was a sign that things were going to get even worse.
Also, the Foreign Agents Law, which Bukele put in place, was seen as a way to limit the press. Human Rights Watch has written a lot about how Bukele's government has broken the law. The group has talked about arbitrary arrests, police abuse, and other inhumane treatment.
In December of 2014, Bukele married Gabriela Rodrguez, an educator, and a prenatal psychologist. They had a child together in 2019 during Bukele's first few months in office.
Nayib Bukele Net Worth
People in the country of El Salvador named Nayib Bukele are politicians. They have a fortune worth $500,000. It was in 2019 that Nayib Bukele became president of El Salvador. Before this, he was mayor of Nuevo Cuscatlán and San Salvador, two cities in the country.
Even though Salvadorans have always given him high marks, Bukele has also been widely criticized for his authoritarian ways of running the country, including his use of the police and military to intimidate people.
In addition to human rights violations, Bukele caused a stir when he announced that his country would start using the cryptocurrency bitcoin as legal tender, making it the first country to do so. However, the price of bitcoin dropped a lot over the next few months, costing the national treasury about $22 million in reserves and making El Salvador the world's most in-debt country.