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Billionaire in Bolivia Wants to Wrest Presidency From Leftists

Billionaire in Bolivia Wants to Wrest Presidency From Leftists

Bloomberg06-05-2025

By and Sergio Mendoza
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The richest man in one of Latin America's poorest nations is on a mission to save his country.
Bolivian billionaire Marcelo Claure says he's ready to use his financial might to defeat the ruling socialist party and install a pro-market president in this year's elections. The landlocked nation is facing its worst economic crisis in decades as soaring inflation and growing fuel shortages disrupt daily life, and Claure thinks August's vote is the best opportunity in years to elect a business friendly government.

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