Age, Biography and Wiki

Hugo Banzer was a Bolivian politician and military leader who served as the President of Bolivia from 1971 to 1978 and again from 1997 to 2001. He was born on 10 May 1926 in Concepción, Santa Cruz, Bolivia. He was educated at the Bolivian Military Academy and the University of Chile. Banzer began his military career in the Bolivian Army in 1945 and rose to the rank of General in 1965. He was appointed Minister of Education in 1969 and was elected President of Bolivia in 1971. During his first term, he implemented a number of economic reforms and sought to improve relations with the United States. He was re-elected in 1997 and served until 2001. Banzer was a controversial figure in Bolivia, with some praising his economic reforms and others criticizing his authoritarian rule. He died on 5 May 2002 in Santa Cruz, Bolivia. He was 76 years old.

Popular As Hugo Banzer Suárez
Occupation N/A
Age 76 years old
Zodiac Sign Taurus
Born 10 May 1926
Birthday 10 May
Birthplace Concepción, Santa Cruz, Bolivia
Date of death (2002-05-05)
Died Place Santa Cruz, Bolivia
Nationality Bolivia

We recommend you to check the complete list of Famous People born on 10 May. He is a member of famous President with the age 76 years old group.

Hugo Banzer Height, Weight & Measurements

At 76 years old, Hugo Banzer height not available right now. We will update Hugo Banzer's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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Who Is Hugo Banzer's Wife?

His wife is Yolanda Prada

Family
Parents César Banzer Luisa Suárez
Wife Yolanda Prada
Sibling Not Available
Children 5

Hugo Banzer Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Hugo Banzer worth at the age of 76 years old? Hugo Banzer’s income source is mostly from being a successful President. He is from Bolivia. We have estimated Hugo Banzer's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income President

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Timeline

2002

Banzer died of lung cancer at a medical clinic in Santa Cruz de la Sierra on 5 May 2002, aged 75, five days before he would have turned 76. His remains were buried at the General Cemetery of Santa Cruz in Santa Cruz.

2001

Banzer was diagnosed with lung cancer in 2001, and even though he had a year left of his five-year term (he had himself agitated to legally extend the presidential term), he resigned on August 7. He was succeeded by Vice President Jorge Quiroga.

2000

Banzer was the president during the Cochabamba Water War in 2000, which centered on the privatization of the water works of Bolivia's third largest city, Cochabamba. In 1999, the World Bank discouraged water subsidies, writing "... "no subsidies should be given to ameliorate the increase in water tariffs in Cochabamba." However, that year, in Cochabomba, a water contract was awarded to Aguas del Tunari, a subsidiary of Bechtel (a U.S. company) and the only bidder, for $2.5 billion. According to a report from Historic.ly, "The federal congress did this without consideration of the pueblo or the autonomy of the indigenous people who lived there." After one month of the contract, Bechtel raised the water rates over 60%. Local people could not collect rainwater either, as the rights to rainwater had also been given to the company. By January 2000, protests erupted in Bolivia in response to the privatization of water. Violence occurred when police and demonstrators clashed. Banzer then declared a "state of siege". When officials of the consortium who had bought the right to run the water works fled after being told by the authorities that their safety could not be guaranteed, the Banzer government declared that they had abandoned the project in April 2000, declared the contract void, and settled with the demonstrators.

1997

After Banzer's removal via a coup led by Juan Pereda, he remained an influential figure in Bolivian politics and would run for election to the presidency via the ballot box on several occasions, eventually succeeding in 1997 via a narrow plurality of 22.26% of the popular vote. During Banzer's constitutional term, he extended presidential term limits from four years to five and presided over the Cochabamba Water War, declaring a state of siege in 2000 that suspended several civil liberties and lead to violent clashes between demonstrators and law enforcement. After being diagnosed with lung cancer, Banzer resigned in 2001 and was succeeded by Vice President Jorge Quiroga.

In 1997, Banzer finally achieved democratic election as president of Bolivia, at the age of 71. He was the first former dictator in Latin America's recent history to transition successfully to democratic politics and return to power by way of the ballot box. During his tenure he launched – under the guidelines outlined by the United States – a program to fight drug-trafficking in Bolivia which called for the eradication of coca, a controversial strategy. He also had the usual trouble with the unions.

1982

Banzer opposed bitterly the UDP government of Siles which lasted from 1982 to 1985, but turned more conciliatory when Víctor Paz Estenssoro was elected president (by congress, due to the virtual unattainability of the 50% necessary for direct election) in 1985. Indeed, Banzer's party claimed authorship of some of the most important neoliberal economic reforms instituted by Paz to curb galloping hyperinflation, repress the ever-troublesome labor unions, and reduce the size of the government. Banzer finished second in the 1989 elections, but supported in Congress the third-place finisher, the left-leaning Jaime Paz Zamora, who became president with ADN help, in return for Paz's promise to support him in a future election. The former dictator again finished second in 1993, this time to the MNR's Gonzalo Sánchez de Lozada. The MNRs plurality, in coalition with the small center-left Bolivia Libre party, made it possible to confirm the MNR's electoral victory. In the 1997 elections, however, Banzer finished first by a small plurality, and was able to take the presidency with the support of Paz and others in a grand coalition ranging from Paz' Revolutionary Left Movement to Banzer's ADN on the right.

1980

Upon leaving office, Banzer formed the ADN party (Acción Democrática Nacionalista), a large organization that attracted most conservative groups under his leadership. Banzer ran for elections in 1979 and 1980, obtaining third place in both contests. The 1979 contest remained inconclusive because, no candidate having received the necessary 50% of the vote, Congress had to determine the president. The legislature would have likely picked Siles had it not been for the coup of July 17, 1980 which installed a reactionary (and cocaine-tainted) dictatorship led by General Luis García Meza. With the military's reputation badly damaged by the excesses of the 1980–82 dictatorship, it was decided to accept the 1980 election results and reconvene the Congress elected that year. That body duly elected Siles as president.

1978

Pressure from the Carter administration forced Banzer to institute a carefully regulated "democratic opening" in 1978. A restricted amnesty was declared, and the country prepared for democratic elections. Since the Bolivian constitution did not at the time allow a sitting president to immediately succeed himself, Banzer initially endorsed General Juan Pereda as the regime's candidate. It was assumed that Pereda would be elected with government "help" at the polls, rule for four years, and then allow Banzer to return as constitutional president once he had time to polish up his image and transition to civilian politics. However, by election time the popularity of a left-wing coalition of former president Hernán Siles was such that nothing could disguise it.

However, Pereda and other officers felt Banzer was manipulating them for his own political ends. They overthrew Banzer in a coup on 21 July. Pereda blamed Banzer for the fraud and promised to call elections in the future, though he didn't specify a time frame. Pereda, in turn, was overthrown in November 1978 by democratically oriented officers under General David Padilla who, embarrassed by the events of the last few months, and suspecting that Pereda did not intend to call new elections either, promptly set a firm date for a return to civilian rule.

1975

Much of the stability achieved by the Banzerato was sustained by the constant flow of easy credit from abroad, which was often used on mammoth "white elephant" projects of dubious usefulness but which nonetheless impressed certain sectors of the population. The loans would soon raise Bolivia's external debt to record levels, but proved useful in the manipulation of political patronage. In 1975, Banzer restored diplomatic relations with Chile, broken since 1962, with an eye toward obtaining an access to the Pacific Ocean, denied to Bolivia since the loss of its maritime coast in the 19th century War of the Pacific. The Chilean dictator Augusto Pinochet offered a narrow outlet just north of the port of Arica, on the border with Peru, on lands that had previously belonged to that country. According to the terms of the treaty that handed that territory to Chile, Peru had to agree to any proposal of transferring that land to a third party. Peru refused to accept the Pinochet proposal and instead created its own counter-proposal, which declared Arica and its waters an area of joint-sovereignty between the three nations. Chile refused this proposal and talks with Bolivia ended. Diplomatic relations were once again frozen in 1978.

1974

Frustrated by the political divisions and protests that characterized the Torres and Ovando years, and, traditionally an enemy of dissent and freedom of speech, Banzer banned all the left-leaning parties, suspended the powerful Central Obrera Boliviana, and closed the nation's universities. "Order" was now the paramount aim, and no means were spared to restore authority and stifle dissent. Buoyed by the initial legitimacy provided by Paz and Gutierrez's support, the dictator ruled with a measure of civilian support until 1974, when the main parties realized he did not intend to hold elections and was instead using them to perpetuate himself in power. At that point, Banzer dispensed with all pretenses and banned all political activity, exiled all major leaders (Paz Estenssoro included), and proceeded to rule henceforth solely with military support.

1971

Banzer, rose to power via a coup d'état against socialist president Juan José Torres and repressed labor leaders, clergymen, indigenous people, and students during his 1971–1978 dictatorship. Several thousand Bolivians were either forced to seek asylum in foreign countries, arrested, tortured, or killed during this period, known as the Banzerato.

On 17 August 1971, Banzer, at long last, masterminded a successful military uprising that erupted in Santa Cruz de la Sierra, where he had many supporters. Eventually, the plotters gained control over the La Paz garrisons, although not without considerable bloodshed. The combined levels of United States and Brazilian involvement for the coup d'état have been debated but according to Stephen Zunes it is apparent that significant clandestine financial and advisory assistance existed at a critical level within the Nixon administration for Banzer.

Human rights groups claim that during Banzer's 1971–78 tenure (known as the Banzerato) several thousand Bolivians sought asylum in foreign countries, 3,000 political opponents were arrested, 200 were killed, and many more were tortured. In the basement of the Ministry of the Interior or "the horror chambers" around 2,000 political prisoners were held and tortured during the 1971–1978 military rule. Many others simply disappeared. Among the victims of the regime were Colonel Andrés Selich, Banzer's first Minister of the Interior and co-conspirator in the August 1971 coup. Selich was accused of plotting to overthrow Banzer and died of blows sustained while in custody. Two other leaders with sufficient stature to potentially eclipse the dictator were murdered under suspicious circumstances while in exile: General Joanquin Zenteno Anaya and former president Juan José Torres, both in 1976. Klaus Barbie, former head of the Gestapo de Lyon, was integrated into the special services in order to "renew" repression techniques and received Bolivian nationality. During the Banzer government, drug trafficking experienced an unprecedented expansion that lasted until the 1980s.

1970

In 1970, President Juan José Torres was leading the country in a leftist direction, arousing the ire and mistrust of conservative anti-communist circles in Bolivia and, crucially, in the Nixon administration. He had called an Asamblea del Pueblo, or People's Assembly, in which representatives of specific "proletarian" sectors of society were represented (miners, unionized teachers, students, peasants). The Assembly was imbued with all the powers of a working parliament, even though the right-wing opponents of the regime tended to call it a gathering of virtual soviets. Torres also allowed labor leader, Juan Lechín, to resume his post as head of the Central Obrera Boliviana/Bolivian Workers' Union (COB). These measures, coupled with Ovando's earlier nationalization of Gulf Oil properties, angered his opponents even more, chief among whom was Banzer and his US supporters. In early 1971, a faction of the Bolivian military attempted to unseat the new president but failed, whereupon Banzer fled to Argentina, but did not give up his ambitions to the presidency.

1961

Banzer was promoted to colonel in 1961, and appointed three years later to head the Ministry of Education and Culture in the government of General René Barrientos, a personal friend. Banzer became increasingly involved in politics, siding with the right wing of the Bolivian Army. He was also appointed director of the military academy and the Coronel Gualberto Villarroel Military School.

1926

Hugo Banzer Suárez (Spanish pronunciation: [ˈuɣo banˈseɾ ˈswaɾes]; 10 May 1926 – 5 May 2002) was a Bolivian politician and military officer who served as the 51st president of Bolivia. He held the Bolivian presidency twice: from 1971 to 1978 in a military dictatorship; and then again from 1997 to 2001, as a democratically elected president.