Michelle Bachelet Net Worth

What is Michelle Bachelet's Net Worth?

Michelle Bachelet is a celebrated Chilean politician with an estimated net worth of $3 million. Born as Verónica Michelle Bachelet Jeria on September 29, 1951, in Santiago, Chile, she broke new ground as the first female President of Chile, serving from 2006 to 2010. Her remarkable achievement was later crowned by a re-election in December 2013, where she secured over 62% of the vote, becoming the first person since 1932 to win the presidency twice. Bachelet, a trained physician with a background in military strategy, also excelled in roles as Health Minister and Defense Minister during President Ricardo Lagos' tenure.

In addition to her native Spanish, Bachelet is multilingual, fluent in English, German, Portuguese, and French. Her early life was marked by turmoil, including her family's torture under charges of treason by the Salvador Allende government and subsequent exile. After returning to Chile during its transition to democracy in 1990, Bachelet contributed significantly to public health, working with the Ministry of Health's West Santiago Health Service and serving as a consultant for the Pan-American Health Organization, the World Health Organization, and the German Corporation for Technical Cooperation. Her political career gained momentum when she was appointed Minister of Health in 2000 and then Minister of National Defense in 2002, the first woman in Latin America to hold such a high-ranking defense position.

By late 2004, Bachelet had established herself as a formidable political figure capable of defeating opponents like Joaquín Lavín, leading her to be chosen as the Socialist Party's presidential candidate. On March 11, 2006, Michelle Bachelet was sworn in as President of the Republic of Chile, marking a monumental step in her illustrious career.