“Brazil and Colombia need each other,” says De la Espriella
Colombia’s President Abelardo de la Espriella recognized the election victory of his Brazilian counterpart Luiz Ignacio Lula, who defeated far-right candidate Flavio Bolsonaro on Sunday. In a post on social media platform X, the Colombian President said that “in the Colombian presidential campaign, President Lula openly supported Ivan Cepeda, and I won. In the Brazilian […] The post “Brazil and…
Brazilian President Luiz Inácio Lula da Silva has been re-elected for a fourth term in the October 25, 2026 runoff election. According to Brazil's Superior Electoral Court (TSE), Lula secured 64,256,232 votes, or 51.79% of valid votes, while his opponent, Senator Flávio Bolsonaro, received 59,826,041 votes, or 48.21%. Lula's personal wealth is not officially disclosed by Brazil.
However, in his 2026 filing, he declared assets worth R$4,775,650.64 (approximately $953,000). This is a 35.7% decline from his 2022 declared assets of R$7,423,725.78 (approximately $1.48 million). The majority of Lula's declared assets, around 69%, are held in two private pension investments: a Brasilprev plan worth R$1,923,927.36 (approximately $384,000) and a Bradesco plan worth R$1,380,000 (approximately $275,000).
Other assets listed include real estate, a Chevrolet car, a business stake, bank deposits, and other investments.
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