Nicolas Maduro, born in 1962, began his political career in Venezuela as a bus driver and union leader in the 1980s. He joined the socialist party, the Fifth Republic Movement, and rose through the ranks, eventually becoming a key figure in Hugo Chávez’s government. Maduro served as Chávez’s Minister of Foreign Affairs from 2006 to 2012, and then as Vice President of Venezuela until Chávez’s death in 2013.

Following Chávez’s passing, Maduro was sworn in as the President of Venezuela on April 19, 2013. His rise to power was swift, as he was Chávez’s chosen successor. Maduro’s presidency has been marked by economic turmoil, political unrest, and international controversy, with many countries and organizations questioning the legitimacy of his rule. Despite these challenges, Maduro has remained a prominent figure in Venezuelan politics, with his influence extending beyond the country’s borders.

Nicolas Maduro’s Current Net Worth

As of 2025, Nicolas Maduro’s estimated net worth is around $1 billion, according to Forbes. This significant increase from previous years is largely attributed to his tenure as the President of Venezuela, a position he has held since 2013.

Career

Nicolas Maduro’s political career spans over two decades. He served as the Minister of Foreign Affairs from 2006 to 2012, and as the Vice President of Venezuela from 2012 until his presidency in 2013. Maduro is known for his loyalty to the late Hugo Chávez and his continuation of Chávez’s socialist policies.

Other Ventures

Before his political career, Maduro was a bus driver and union leader. He also served as a member of the National Assembly from 1999 to 2005. Maduro has no known business ventures outside of his political career.

Assets

Maduro’s assets are primarily tied to his political career. As President, he resides in the Miraflores Palace and has access to official vehicles and security. However, due to the economic crisis in Venezuela, the value of these assets has significantly decreased in recent years.

Annual Income

As the President of Venezuela, Maduro’s annual income is not publicly disclosed. However, according to Venezuela’s official salary scale, the President’s annual salary is around $100,000. This is significantly less than his estimated net worth, which has been largely accumulated through his political career and the economic policies of his government.

Frequently Asked Questions about  Nicolas Maduro

Frequently Asked Questions: Nicolas Maduro Net Worth

1. What is Nicolas Maduro’s net worth?

Nicolas Maduro’s net worth is estimated to be around $1 billion.

2. How did Nicolas Maduro make his fortune?

Maduro’s wealth is primarily attributed to his political career and alleged involvement in corruption and drug trafficking. He served as the President of Venezuela from 2013 to 2023 and was the Vice President from 2012 to 2013.

3. Is Nicolas Maduro the richest person in Venezuela?

Yes, Nicolas Maduro is considered the richest person in Venezuela, despite the country’s economic crisis.

4. What are some of the assets owned by Nicolas Maduro?

Maduro is believed to own properties in Venezuela, as well as in other countries like Spain and the United States. He also reportedly has access to extensive financial resources, including offshore accounts and investments.

5. How is Nicolas Maduro connected to drug trafficking?

Maduro has been accused of having ties to drug trafficking organizations, particularly the Sinaloa Cartel. In 2020, he was indicted in the United States on charges of narco-terrorism and conspiracy to import and distribute cocaine.

6. What is Nicolas Maduro’s political background?

Maduro began his political career in the 1990s as a bus driver and union leader. He joined Hugo Chávez’s Fifth Republic Movement in 1997 and rose through the ranks to become the Minister of Foreign Affairs in 2006. He served as the Vice President from 2012 to 2013 and then became the President of Venezuela in 2013.

7. What are the main sources of Nicolas Maduro’s income?

The main sources of Maduro’s income are believed to be embezzlement, corruption, and his political career. He has been accused of misusing public funds and profiting from Venezuela’s state-owned oil company, PDVSA.

8. How has the economic crisis in Venezuela affected Nicolas Maduro’s net worth?

Despite the economic crisis in Venezuela, Maduro’s net worth has reportedly increased. This is largely due to his alleged involvement in corruption and illicit activities, as well as his control over the country’s resources.

9. What is the current status of Nicolas Maduro’s legal cases?

As of now, Maduro faces multiple legal charges in the United States, including drug trafficking and money laundering. He has been indicted by the U.S. Department of Justice and is considered a fugitive by Interpol.

10. What is the public’s perception of Nicolas Maduro’s wealth in Venezuela?

In Venezuela, Maduro’s wealth is widely seen as a symbol of the country’s corruption and inequality. Many Venezuelans believe that Maduro and his inner circle have enriched themselves at the expense of the people, contributing to the country’s economic crisis.