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Luiz Inacio Lula da Silva Net Worth Income Profile and Salary

Luiz Inacio Lula da Silva Net Worth Income Profile and Salary. Brazilian politician, president of Brazil from 2003 to 2010. At the head of the country, he promoted a program that had as a priority eradication of poverty with social policies and liquidation of debt with the International Monetary Fund. In spite of the corruption scandals in which he was involved during his first term, Lula da Silva returned to prevail in the presidential ones of 2006.

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Luiz Inacio Lula da Silva Net Worth

Luiz Inacio Lula da Silva

Luiz Inácio da Silva was born in Garanhuns, state of Pernambuco, on October 27, 1945, the seventh of eight children (five males and three females) of the illiterate peasants’ marriage formed by Aristides Inácio da Silva and Eurídice Ferreira de Melo (Dona Lindu ).

Until the age of five he did not know his father, stevedore in São Paulo, from whom he painted a cruel portrait in an authorized biography, accusing him of being an alcoholic, “a pit of ignorance”, and of being more interested by his dog than by his Numerous and hungry offspring. The mother and the children, fleeing misery, moved to Guarujá in 1952 and later to Santos, the São Paulo port agglomeration. The marriage was separated in 1956.

Luiz Inácio, whom his family nicknamed Lula, arranged the primary school with work as shoeshine, street vendor and messenger. He pursued a course in the National Service of Industry for professional training, and specialized as a turner mechanic in 1963. He worked in several metallurgical companies and lost the little finger of the left hand in a work accident in 1964, the year in which Established the military dictatorship.

In 1966 he was hired by Industrias Villares, from São Bernardo do Campo, where he began his trade unionism with his brother José (Frei Chico), a communist militant, detained and tortured by the military. In 1972 he was elected secretary of the local metallurgical union, which he presided over three years later, and became leader of 90,000 workers of the most important industrial zone of the country.

net worth of Luiz Inacio Lula da Silva

Luiz Inacio Lula da Silva

Lula was the main promoter of the great strikes and demonstrations that weakened the power of the dictatorship and accelerated its fall. On February 10, 1980, under the protection of the amnesty and the timid opening, he founded the Socialist Workers’ Party (PT) in São Paulo with trade union support and several intellectuals, clerics and professors.

In April of the same year, he led a forty-one day strike, which was severely repressed, in which nearly 300,000 São Paulo workers participated and earned him a month’s arrest. Accused of public disorder, a martial court sentenced him to three years and six months in prison, but the sentence was overturned on appeal. On August 26, 1983, several unions from São Paulo merged into the Central Única de Trabajadores (CUT), linked to the PT.

Net Worth of Luiz Inacio Lula da Silva

The Net Worth of Luiz Inacio Lula da Silva in 2017 is $65 Billion.

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Full Name Luiz Inacio Lula da Silva
Net Worth$65 Billion
ProfessionPolitician
Union Organizer
NationalityBrazilian
Annual Income$10 Billion

Restored democracy, in the constitutional elections of November 15, 1986, the PT was the first force on the left, with 6.9% of the votes and 16 deputies, Lula among them, who fought hard for some of the demands Of the CUT: right to strike, reduction of working hours, holidays partially paid and salary revisions based on the cost of living. In the municipal elections of the same year, the PT achieved an unprecedented success by achieving thirty-six mayors of cities as important as São Paulo, Pôrto Alegre and Vitória.

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