Friday, March 18, 2005

Fidel Castro Listed in Forbes Magazine as Worth $550 Million

According to CNN, Fidel Castro, 78, has been listed in Forbes Magazine as among the wealthiest world leaders. "Once again, they have committed the infamy of speaking about Castro's fortune, placing me almost above the queen of England," Castro said in Havana. "Do they think I am Mobutu or one of the many millionaires, those thieves and plunderers, that the empire has suckled and protected?" The empire that he is refering to is of course the United States.

Forbes believes Castro “derived his fortune from a web of state-owned companies that include retail conglomerate CIMEX, pharmaceutical company Medicuba and a convention center near Havana.”

The Cuban government immediately issued a press statement, dismissing the story as a “campaign of lies". "The revenues of Cuban state-run companies are used exclusively for the benefit of the people. Cuba has the fairest income distribution in the world.”

This is the second year Castro has appeared on the list. Last year, his worth was an estimated $150 million.

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