Vicente Fox Net Worth Income Profile and Salary. Mexican politician who managed to end the 72-year hegemony of the Partido Revolucionario Institucional (PRI), winning the 2000 elections and becoming president-elect for the 2000-2006 term. Vicente Fox was the second of nine brothers and spent his childhood and adolescence at Rancho San Cristobal, in San Francisco del Rincon, Guanajuato. At the beginning of the sixties he moved to Mexico City to study the Career of Business Administration at Universidad Iberoamericana. In 1964, shortly before finishing his studies, he joined the Coca-Cola Group as a route supervisor. Ten years later, after occupying various positions within the firm, he was appointed CEO, a position he would hold until 1979, when he decided to return to the ranch and run the family business.
Vicente Fox Quesada’s entry into politics dates back to 1987. Manuel J. Clouthier’s “Maquío” then National Action candidate for the presidency of the Republic invited him to join the ranks of the party and to contend for one of the Three federal deputies that for the State of Guanajuato would be in play in 1988. On July 6, 1988, Vicente Fox Quesada was elected federal deputy for the LIV Legislature. As a legislator, he questioned the legitimacy of the triumph of Carlos Salinas de Gortari.
But the true political take off of Vicente Fox was not until 1991, when he was elected gubernatorial candidate. Elections were held in Guanajuato on August 18, 1991, and although the official figures gave PRI candidate Ramon Aguirre a 53% of votes, the accusations of fraud were not expected, nor were the expressions of resistance civil. National Action sympathizers took roads and surrounded the international airport, and Vicente Fox headed what was called “The Walk for Democracy,” to demand that the State Electoral Tribunal annul at least 700 boxes. President Carlos Salinas de Gortari acknowledged the existence of irregularities in the electoral process in Guanajuato, and after the resignation of Ramón Aguirre, the Local Congress appointed Carlos Medina Plascencia, then mayor of León and a member of the National Action Acting Governor.
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After the electoral process of August of 1991, Vicente Fox Quesada decided to retire of the policy and to dedicate itself again to the familiar businesses. The political retreat would last little more than three years. In October 1994, a group of PAN members who had actively participated in the 1991 campaign asked him to run for the second time as a gubernatorial candidate. On February 5, 1995, the militants again offered their support. From the beginning of the campaign the polls presented him like the favorite candidate, winning later the election with wide margin on its main competitor, the PRI Ignacio Vázquez Torres.
Net Worth of Vicente Fox
The Net Worth of Vicente Fox in 2017 is $12 Million.
|Full Name||Vicente Fox|
|Net Worth||$12 Million|
|Annual Income||$3 Million|
On July 6, 1997, after issuing his vote in the midterm elections, Fox announced his intention to seek the presidency of the Republic. In 1999 registered his candidacy before the Federal Electoral Institute (IFE); In addition to the PAN, received the support of the Green Ecologist Party of Mexico (PVEM), creating the coalition Alliance for Change. The main opponents of Vicente Fox were Francisco Labastida Ochoa for the PRI, and Cuauhtémoc Cárdenas Solórzano for the Democratic Revolution Party (PRD). The PRI and PRR campaigns were overshadowed by that of Vicente Fox, who demonstrated at all times the popular drag that others lacked, supported also by an ingenious advertising apparatus. In the final stretch, the electoral contest had been concentrated between Fox and Labastida.
On the night of July 2, 2000, the polls gave the opposing candidate a wide margin of advantage. Shortly before twenty-three hours, President Ernesto Zedillo offered his unconditional support to the virtual president-elect Vicente Fox, to carry out a smooth and orderly transition of powers. Fox had won the expected electoral victory. The electoral day represented a historic date for the country because, for the first time after 71 years of uninterrupted government, the Institutional Revolutionary Party (PRI) had to relinquish power. Francisco Labastida became the first PRI candidate to lose presidential elections in Mexico.