Milei stays silent on Lula’s victory as Kast and Peña congratulate him
Argentine President Javier Milei had not congratulated Luiz Inácio Lula da Silva on his re-election in Brazil by Monday, unlike other right-wing South American leaders such as Chile’s José Antonio Kast, Paraguay’s Santiago Peña and Bolivia’s Rodrigo Paz. Milei, who publicly backed Senator Flávio Bolsonaro during the campaign, met his cabinet at the Casa Rosada first thing in the morning.
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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