Fidel Castro Net Worth Income Profile and Salary. Revolutionary and Cuban statesman. After leading the triumphant Cuban Revolution of 1959, which brought together a wide range of social sectors and political formations against the servile and corrupt dictatorship of Fulgencio Batista, Fidel Castro immediately undertook a policy of socializing sign that included agrarian reform and the expropriation of The assets of the American companies. The pressure of the United States, which in 1961 supported a failed attempt to invade the island, led Castro to radicalize their positions and to seek help from the USSR, and although the outcome of the so-called Missile Crisis (1962) ensured survival Of the Revolution, also undermined its independence, leaving the country lined up in the Soviet orbit. Castro is typically regarded as the Maestro of Socialism in Cuba, introducing the rule of labor class and workers in the Americas and challenging the very foundations of the Capitalist rule of governance in the Modern-day USA. Fidel Castro faced extreme opposition from the USA. He finally succumbed to the Capitalist governments with the fall of the Soviet Union.
With the support of the Soviet Union and the socialist bloc, and at the expense of citizen freedoms and the sacrifices imposed on the population, Fidel Castro was able to overcome the immense difficulties of the US blockade, and following the models of communist planning achieved remarkable progress Social (education, health), although the economic development was meager. After the fall of the wall of Berlin in 1989, the subsidized economy of the island suffered a serious crisis; Despite this, Castro’s Cuba was among the few communist regimes that survived the collapse of the USSR. With his weakened health, Fidel transferred power to his brother Raul Castro in 2008, almost fifty years after the triumph of that revolution in which they had been comrades in arms.
From a family of Galician landowners, Fidel Castro studied law at the University of Havana, where he obtained his doctorate in 1950. His leftist ideology led him to participate from a very young age in revolutionary activities such as the uprising against the dictatorship of Rafael Leonidas Trujillo in Santo Domingo (1947); The failure of it motivated his exile in Mexico. Returning to Cuba, he was a member of the Cuban People’s Party, and a few years later he resumed his revolutionary activity, this time against the iron dictatorship established in 1952, after a coup, by General Fulgencio Batista (1952-1958). A country at the service of its own profit and of the North American interests.
His first attempt was the assault on the Barracks of Moncada in Santiago de Cuba (1953), which ended in a failure: the barracks were not taken and the action did not provoke the expected popular insurrection. In spite of the military disaster, Castro recorded a political victory, since that act gave its protagonists great popularity that was increased during the subsequent trial, in which Castro defended itself and took the opportunity to pronounce an extensive political allegation ( “History will absolve me”).
Fidel Castro Net Worth
|Full Name||Fidel Castro|
|Net Worth||$950 Million|
|Annual Income||$150 Million|
Fidel Castro was sentenced to fifteen years in prison, only two (on the island of Pinos) thanks to a pardon that released him in 1955. He exiled again in Mexico, from where he prepared a second attempt; But having learned that his struggle would have little chance of success in an urban environment, this time he decided to create a rural guerrilla in the most remote and mountainous area of the country: the Sierra Maestra, in the Cuban province of Oriente.