Is Justin Trudeau really one of the richest world leaders?

 

Is Justin Trudeau really one of the richest world leaders? (msn.com)

Is Justin Trudeau really one of the richest world leaders?

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Is Justin Trudeau really one of the richest world leaders?

Story by lovemoney staff • 13h ago

2 of 20 Photos in Gallery Venezuelan president Nicolás Maduro may have one of the lowest salaries of any South American leader but is still estimated to have a fortune of around $2 million (£1.7m). Presiding over a country crippled by hyperinflation, food and medicine shortages, and power cuts, the socialist leader was widely criticised after being pictured enjoying a banquet dinner in Istanbul back in 2018, while many of his country's citizens couldn't afford to buy meat. In 2022, Venezuela's cash supply fell below $1 billion (£768m) according to Bloomberg, though Credit Suisse predicted that the nation's economy would grow by 20% before the end of the year. The country possesses 161.2 tonnes of gold but hasn't been able to sell it as the Bank of England, which holds around a third of its gold reserves, refused Venezuela access amid US sanctions against the South American country. In retaliation, Venezuela launched a lawsuit against the Bank in May 2020 following the Bank's decision not to accept Nicolás Maduro as Venezuela's leader. Maduro's government lost the case, but has appealed the decision. 

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2 of 20 Photos in Gallery©Twitter/NicolasMaduro

Nicolás Maduro – $2 million (£1.7m)

Venezuelan president Nicolás Maduro may have one of the lowest salaries of any South American leader but is still estimated to have a fortune of around $2 million (£1.7m). Presiding over a country crippled by hyperinflation, food and medicine shortages, and power cuts, the socialist leader was widely criticised after being pictured enjoying a banquet dinner in Istanbul back in 2018, while many of his country's citizens couldn't afford to buy meat.

In 2022, Venezuela's cash supply fell below $1 billion (£768m) according to Bloomberg, though Credit Suisse predicted that the nation's economy would grow by 20% before the end of the year. The country possesses 161.2 tonnes of gold but hasn't been able to sell it as the Bank of England, which holds around a third of its gold reserves, refused Venezuela access amid US sanctions against the South American country.

In retaliation, Venezuela launched a lawsuit against the Bank in May 2020 following the Bank's decision not to accept Nicolás Maduro as Venezuela's leader. Maduro's government lost the case, but has appealed the decision.