Sebastian Pinera’s Net Worth (Updated 2021)

Early Life 

Miguel Juan Sebastian Pinera was born on the 1st of December, 1949, in Santiago, Chile.

He is a nephew of the former oldest living Roman Catholic bishop in the world, Bernardino Pinera, who died in 2020. 

His family moved to Belgium one year after his birth and later to New York. His father was the Chilean ambassador to the United Nations.

In 1955, Pinera returned to Chile and enrolled in the Colegio del Verbo Divino, from which he graduated in 1967. He continued on to Harvard University. During his time at Harward, he and a classmate coauthored an article. 

Career 

From 1971 until 1988, Pinera was an economics lecturer at the University of Chile, the Pontifical Catholic University of Chile, and Adolfo Ibáñez University. In 1971, he was in charge of Economic Political Theory in the School of Economics. 

He was the general manager of Banco de Talca. In 1982, a warrant was issued for his arrest on charges of violating banking law in an event where over $38 million was not paid to the Central Bank of Chile. 

Pinera spent 24 days in hiding while his brother appealed the order. A writ of habeas corpus, first rejected by the Appeals Court but then approved by the Supreme Court, acquitted Pinera.

Pinera ran for President of Chile in the 2009 – 2010 election. On the 13 December 2009 election, Pinera placed first in the results with 44.05% of the votes, while Frei placed second with 29.6% of the votes.

He was sworn in as the 34th President of the Republic of Chile in 2010, in a ceremony held in a plenary session of the National Congress in Valparaiso.

In 2019, following the social unrest that erupted, Pinera diminished its capacity to govern according to the principle of presidential. 

As of 2021, Sebastian Pinera’s net worth is estimated to be roughly $2.8 billion. 

Highlights

Here are some of the best highlights of Sebastian Pinera’s career:

• President of Chile (since 2018)
• Member of the liberal-conservative National Renewal

Favorite Quotes from Sebastian Pinera

“I believe in a real democratic system, with a state of law and freedom of the press. I believe in a free, open-market economy integrated with the world. And I believe in equality of opportunity. Those are my basic beliefs. On top of that, of course, I believe in some moral values.” – Sebastian Pinera

“To have a stable economy, to have a stable democracy, and to have a modern government is not enough. We have to build new pillars of development. Education, science and technology, innovation and entrepreneurship, and more equality.” – Sebastian Pinera

“Countries with deficit don’t want to pay the bill, and they want to get more loans, and countries with superiority, they don’t want to help the countries with problems, and they just want them to tighten their belts.” – Sebastian Pinera

“Chile isn’t the biggest, richest, or most powerful country in the world, but we should dedicate ourselves to transforming it into the best country in the world. We don’t have a single minute to lose.” – Sebastian Pinera

“No child should be left behind – I’ve heard this from President Obama. And here, we say in Latin America, no country should be left behind.” – Sebastian Pinera

3 Political Lessons from Sebastian Pinera

Now that you know all about Sebastian Pinera’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

1. Democracy 

On one hand, it is very important that democracy and human rights be defended across borders. But it is also very important to respect the right of each country to choose its own path.

2. Financial Crisis

Economic and financial crises are getting much more usual, and they are not confined to a given country but they immediately spread all over the world, and you have to be prepared for that.

3. Life Is Tough 

Life is tough – and you have to be tougher than life to change the world.

Summary  

Sebastian Pinera is a Chilean politician. Pinera is an investor and businessman. He is also the sole owner of Chilevision, a Chilean broadcasting company. Sebastian first served as President of Chile from 2010 to 2014.

He was re-elected to the Presidency in 2018. As a member of the National Renewal party, he served as a senator for the East Santiago district from 1990 to 1998. 

As of 2021, Sebastian Pinera’s net worth is estimated to be roughly $2.8 billion. 

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