Nayib Bukele Net Worth

Net Worth:	$2 Million
Date of Birth:	July 24, 1981 (43 years old)
Gender:	Male
Profession:	politician
Nationality:	El Salvador

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 new president, Nayib Bukele, was chosen. He formerly held the positions of mayor at San Salvador and Nuevo Cuscatlán.

Bukele has continuously garnered high popularity ratings from Salvadorans, but he has also come under fire for his authoritarian style of rule, which includes his too-generous use of intimidation through the use of the military and police.

Childhood

Nayib Bukele was born Nayib Armando Bukele Ortez on July 24, 1981, in San Salvador, El Salvador. According to his father, he is of Palestinian origin.

Bukele attended Central American University as a student in his early twenties to pursue a legal education. He eventually decided to leave school to launch his own business. During a certain period, Bukele was the owner of Yamaha Motors El Salvador.

Career

In 2012, Bukele won the position of mayor of the town of Nuevo Cuscatlán, launching his political career. Throughout his administration, he gave all city residents over 55 a monthly package that included all of their basic nutritional requirements.

He also provided scholarships for attendance at any university in the nation to all students with GPAs above 3.5. Additionally noteworthy was the fact that throughout Bukele’s three-year tenure, Nuevo Cuscatlán’s homicide rate fell. After defeating entrepreneur Edwin Zamora, Bukele was elected mayor of San Salvador in 2015.

Bukele’s reconstruction of the city’s infrastructure, which included extending the city’s roadways and reestablishing its telecommunications links, was one of the period’s high points.

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.

Soon after taking office in June 2019, Bukele announced a plan to improve enforcement in specific areas in an effort to lower El Salvador’s high crime rates. He employed both the National Civil Police and the Armed Forces of El Salvador, both of which were outfitted with contemporary weaponry and ammunition, to carry out this mission.

While Bukele boasted about the dramatic drop in homicides that came as a result of these activities, other groups, such as the US, have argued that he actually reduced crime by negotiating with the powerful criminal organization Mara Salvatrucha.

To aid in the fight against crime, Bukele established the International Commission Against Impunity as well as an anti-corruption unit within the National Civil Police in El Salvador.

Beginning in 2020, Bukele faced criticism for sending soldiers into the Legislative Assembly to pressure MPs into voting in favor of a bill funding military hardware. He received much more condemnation the following year when he spearheaded the plot to assassinate five justices of the Supreme Court and the attorney general, which was seen as a self-coup.

The Supreme Court’s decision in late 2021 to overturn a 2014 decision that required presidents to wait ten years before being eligible to run again would allow Bukele to run for reelection in 2024. This decision was fiercely opposed as a sign of the coming dictatorship.

The passing of the Foreign Agents Law by Bukele, which some saw as an effort to censor the media, was also denounced. Human Rights Watch has written extensively about the wrongdoings carried out by the government of Bukele; the organization has addressed arbitrarily detained individuals, police misconduct, and other harsh treatment.

In addition to the violation of human rights, Bukele stirred some controversy when he declared that El Salvador will be the first nation to accept bitcoin as legal tender. The national treasury lost almost $22 million in reserves as a result of the rapid decline in the price of bitcoin during the coming months, which caused El Salvador to incur the deepest governmental debt in the world.

Bukele is an authoritarian right-wing populist. Including in cases of rape and incest, he opposes abortion in all circumstances. He’s against immigration rights as well as LGBTQ rights.

Relationship

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.

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