|Date of Birth:
|July 24, 1981 (42 years old)
What is Nayib Bukele’s Net Worth?
Nayib Bukele is an El Salvadoran politician who has a net worth of $2 million. In 2019, El Salvador’s Nayib Bukele won the presidency. His previous positions included the mayor of San Salvador and Nuevo Cuscatlán.
Bukele has garnered high acceptance ratings from the populace of El Salvador, but he has also come under fire for his authoritarian style of rule, which includes using the military and police excessively to intimidate people.
Nayib Bukele was born Nayib Armando Bukele Ortez on July 24, 1981, in San Salvador, El Salvador. On his father’s side, he is of Palestinian heritage. Young adult Bukele attended Central American University to study law. After a while, he left school to launch his first business. Yamaha Motors El Salvador was once under Bukele’s ownership.
When Bukele was elected mayor of the town of Nuevo Cuscatlán in 2012, his political career officially got underway. Throughout his administration, he gave all city residents over 55 a monthly package that included all of their basic nutritional needs.
He also provided scholarships for attendance at any university in the nation to all students with GPAs over 3.5. The fact that Nuevo Cuscatlán’s homicide rate fell under Bukele’s three-year tenure was also noteworthy. Bukele defeated entrepreneur Edwin Zamora to become San Salvador’s mayor in 2015.
Bukele’s modernization of the city’s infrastructure, which included the enlargement of roadways and the reconstruction of telecommunication lines, was one of the highlights of this administration.
Bukele was removed from the Farabundo Mart National Liberation Front, one of the main political organizations in El Salvador, in 2017. This was in response to claims that he was fomenting dissension within the party, physically abusing party members, and engaging in other slanderous behavior.
After being kicked out, Bukele made the decision to run for president as an independent, highlighting his disagreement with the established political order. He founded the political party Nuevas Ideas to accomplish this, but the organization was ultimately disbanded by the Supreme Electoral Court.
Later, Bukele merged with the Grand Alliance for National Unity party, which is of the center-right. He went on to win the 2019 presidential election, being the first candidate from El Salvador to accomplish so since the 1980s without belonging to one of the nation’s two main political parties.
In June 2019, shortly after entering office, Bukele made an announcement about a proposal to boost policing in some areas of El Salvador to reduce the country’s high crime rates. Both the National Civil Police and the Military Forces of El Salvador, both of which he outfitted with modern weapons and ammunition, were used in this.
Although Bukele bragged about the sharp decline in killings that followed these measures, other organizations, including the United States, have claimed that he actually decreased the crime rate by negotiating with the potent criminal gang Mara Salvatrucha.
Bukele formed both the National Civil Police’s anti-corruption unit and the International Commission Against Impunity in El Salvador in order to more effectively tackle crime.
Bukele came under fire at the beginning of 2020 for deploying soldiers inside the Legislative Assembly to coerce MPs into passing a bill supporting military equipment. The next year, when he led the effort to remove five Supreme Court justices and the attorney general, which was perceived as a self-coup, he came in for even more criticism.
Bukele would be eligible to compete for reelection in 2024 as a result of the Supreme Court’s decision in late 2021 to reverse a 2014 decision that mandated presidents wait ten years before being eligible to run again. This decision was fiercely opposed as a sign of the coming dictatorship.
Bukele’s passage of the Foreign Agents Law, which many perceived as an attempt to suppress the media, was also condemned. Despite violations of human rights, Bukele sparked controversy when he said that El Salvador will be the first nation to accept the cryptocurrency bitcoin as legal tender.
The national treasury lost over $22 million in reserves as a result of the dramatic decline in the price of bitcoin during the ensuing months, which put El Salvador in the position of having the highest level of sovereign debt in the entire globe. Bukele is a right-wing populist and despot.
He opposes abortion in all circumstances, including rape and incest. He is against immigration rights as well as Homosexual rights.
Bukele wed prenatal psychologist and educator Gabriela Rodriguez in December of 2014; the couple welcomed a kid in 2019 while Bukele was still in the early stages of his presidency.
Here on Networthforum, we calculate all net worths using data drawn from public sources. We often incorporate tips and feedback from individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of Nayib Bukele. So feel free to check back for the current Nayib Bukele net worth in case of any updates on his net worth.