Carlos Andrés Pérez Net Worth

Elected President of Venezuela

Pérez's first presidency began, fueled by oil revenues and marked by nationalization.

Nationalized Oil Industry

This bold move significantly impacted Venezuela's economy and consolidated power.

Re-elected President

Pérez returned to power amid economic challenges and social unrest.

Implements Austerity Measures

These measures led to widespread protests and political instability.

Failed Coup Attempt

The coup attempt severely weakened Pérez's authority and highlighted the deep divisions in Venezuelan society.

Impeached and Removed

Pérez was removed from office on corruption charges, damaging his reputation and legacy.

Carlos Andrés Pérez Dies

Carlos Andrés Pérez died in Miami, Florida after suffering a heart attack. His legacy is heavily tarnished by corruption and a failed coup.

Legacy of Controversy Remains

Pérez's legacy is remembered with both admiration and criticism. His early economic successes were ultimately overshadowed by corruption allegations, social unrest, and a tarnished reputation.