'Poorest president' declares $322 883 in wealth

2014-04-16 08:16
 Uruguay's President Jose Mujica stands in a tractor on his flower farm on the outskirts of Montevideo, Uruguay. (File, AP)

Uruguay's President Jose Mujica stands in a tractor on his flower farm on the outskirts of Montevideo, Uruguay. (File, AP)

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Montevideo - Uruguayan President Jose Mujica has declared $322 883 in wealth.

Mujica's insistence on living simply has earned him the nickname "the poorest president in the world," but his sworn declaration this year shows a 74% increase in wealth since 2012. He said that's because he didn't put his money, about $104 000, into bank accounts until recently.

The president, who rarely dons a tie and drives an old Volkswagen Beetle, still lives on a ramshackle flower farm with his wife, Senator Lucia Topolansky. His report valued the farm at about $108 000. They share ownership in two other properties.

When it comes to wheels, Mujica has three tractors and his two 1987 Beetles. The VWs together are worth about $4 750.

Uruguay's 42 000 public officials have to make sworn wealth declarations every two years, but only the top two are required to make them public.

Vice President Daniel Astori says he's worth $389 000.

Read more on:    jose mujica  |  uruguay
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