Uruguayan politician Jose Alberto “Pepe” Mujica Cordano was the President of Uruguay between 2010 and 2015. He is well-known for his austere lifestyle and has been described as the most humble president in the world. He has an estimated net worth of $400 thousand.
Mujica is a former guerilla fighter and was in jail for 13 years during the military dictatorship in the 1970s and 1980s. He is a member of the Broad Front coalition of left-wing parties. He won the 2009 presidential election as a candidate of the Broad Front.
While he was the president, he donated about 90 percent of his monthly salary, which amounted to $12,000 to charity. He was labeled as the poorest president in the world. His charitable donations have benefited many poor people and small entrepreneurs.
His monthly income was $775 when he was the president. This is the same as the income of an average Uruguayan. He declared his personal wealth in 2010. It was $1,800, the value of his 1987 Volkswagen Beetle.
In the year 2014, he added half of his wife’s assets, which brought the amount to $322,883. His wife’s assets include land, tractors, a house and a flower farm reportedly worth $108,000.
Once he said, “I’m called ‘the poorest president’, but I don’t feel poor. Poor people are those who only work to try to keep an expensive lifestyle, and always want more and more… This is a matter of freedom. If you don’t have many possessions then you don’t need to work all your life like a slave to sustain them, and therefore you have more time for yourself… I may appear to be an eccentric old man… But this is a free choice.”
Mujica has been awarded the Grand Collar of the National Order of Merit by the Government of Paraguay, Grand Collar of the Order of the Sun by the Government of Peru, Order of the Aztec Eagle by the Government of Mexico and National Order of San Lorenzo by the Government of Ecuador.