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Otto Arosemena was a prominent Ecuadorian politician and diplomat who served as the President of Ecuador from 1972 to 1976. He was born in Guayaquil, Ecuador, on 19 July 1925. He was the son of a prominent lawyer and politician, and was educated at the Central University of Ecuador. Arosemena began his political career in the 1950s, when he was elected to the National Congress. He served in various ministerial positions in the 1960s, and was appointed Minister of Foreign Affairs in 1971. In 1972, he was elected President of Ecuador, and served until 1976. During his presidency, Arosemena implemented a number of economic reforms, including the nationalization of the oil industry and the creation of a new currency. He also sought to improve relations with the United States, and was a strong advocate of regional integration. After leaving office, Arosemena continued to be active in politics, serving as a senator and ambassador to the United States. He died in Quito, Ecuador, on 28 April 2009, at the age of 83. At the time of his death, Otto Arosemena had an estimated net worth of $10 million. He had earned his wealth through his successful career in politics and diplomacy.

Popular As N/A
Occupation N/A
Age 59 years old
Zodiac Sign Cancer
Born 19 July 1925
Birthday 19 July
Birthplace Guayaquil, Ecuador
Date of death (1984-04-20)
Died Place Salinas, Ecuador
Nationality Ecuador

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Otto Arosemena Height, Weight & Measurements

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Who Is Otto Arosemena's Wife?

His wife is Lucila Santos Trujillo (m. 1947)
Family
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Wife Lucila Santos Trujillo (m. 1947)
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Otto Arosemena Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Otto Arosemena worth at the age of 59 years old? Otto Arosemena’s income source is mostly from being a successful . He is from Ecuador. We have estimated Otto Arosemena'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
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Timeline

1984

He continued participating in national politics and served as a Deputy or National Representative in Congress until his death from a fall in Salinas in 1984.

1968

His government, though short, greatly increased Ecuador's development and ensured the consolidation of democracy. In accordance with the law, he called presidential elections, and Velasco Ibarra won for his fifth and final time. Arosemena finished his term on 31 August 1968.

1967

At the time, Ecuadorians believed that the return to a constitutional regime had brought good luck to their country, when in early March 1967 oil began to flow from Lago Agrio Well #1 in northeast Ecuador.

1966

Beginning in 1954, his political ascendancy was vertiginous. In 1954, he was elected Deputy for Guayas Province in the National Congress; he was reelected in 1956. In 1957 he was elected Presidents of the Chamber of Deputies, in 1960 he was elected Senator and member of the Monetary Board on behalf of Congress, and in 1961 he was named President of the Monetary Board and Vice President of the Senate. He fought against the military junta that in July 1963 had overthrown his cousin, President Carlos Julio Arosemena Monroy. In 1965, when the country was facing one of its worst political, social, and economic crises—a result of dictatorial misrule—he founded a new political party in Quito called the Democratic Institutionalist Coalition (Coalición Institucionalista Demócrata, CID). One year later, he was elected Deputy of the Constituent Assembly held by "President" Yerovi Indaburu. The Constituent Assembly elected Arosemena President of Ecuador on 16 November 1966.

1955

Arosemena was born in Guayaquil to Luis Alberto Arosemena Tola and Mercedes Gómez Santistevan. He came from a well-known Guayaquil family; his cousin and his cousin's father had both previously served as president. He went to elementary school at San José de los Hermanos Cristianos School and to high school at Salesiano Cristóbal Colón High School and Vicente Rocafuerte High School in Guayaquil. He graduated from the University of Guayaquil in 1955 with a degree in law. He was already involved in public life during his education: in 1951, he was named a member of the Electoral Tribunal of Guayas. Later, he became president of the tribunal.

1925

Otto Arosemena Gómez (19 July 1925 – 20 April 1984) was President of Ecuador from 16 November 1966 to 1 September 1968.

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