Brazil 2026 election results: What is Lula Da Silva’s net worth as he is re-elected president for a fourth term? | Today’s news
Brazilian President Luiz Inácio Lula da Silva won a fourth consecutive presidential term, defeating Senator Flávio Bolsonaro in a runoff election on October 25.
According to Brazil’s Supreme Electoral Court (TSE), Lula received 64,256,232 votes, representing 51.79% of valid votes, while Bolsonaro received 59,826,041 votes, or 48.21%.
Following his victory, attention also turned to Lula’s personal wealth. However, Brazil does not publish the official net worth of presidential candidates.
Quick answers to key questions
•5 QUESTIONS
In his 2026 filing, Lula declared assets worth R$4,775,650.64, equivalent to approximately $953,000. Brazil does not publish the official net worth of presidential candidates.
Its declared assets decreased from R$7,423,725.78 in 2022 to R$4,775,650.64 in 2026. This is a nominal decrease of about 35.7%.
The decline was largely related to changes in his private pension funds. In 2022, he declared a VGBL plan worth about R$5.57 million, compared to two pension plans worth about R$3.30 million combined in 2026.
His two private pension plans, worth about R$3.3 million together, account for almost 69% of his declared assets. His filing also lists real estate, a Chevrolet car, a business stake, deposits and other investments.
Not necessarily. This figure reflects the values stated in his filing under applicable disclosure rules and may differ from the current market value of his holdings.
Instead, candidates are required to disclose their assets to the electoral authority when registering to vote. Lula’s latest filing details his declared assets, investments, savings and business interests.
What is Lula da Silva net worth in 2026?
According to his 2026 asset declaration filed with the TSE, Lula reported total assets worth R$4,775,650.64, equivalent to approximately $953,000 at an exchange rate of R$5.01 to the US dollar.
Read also | Brazil’s 2026 elections: How Lula made a surprising comeback
The declared amount is lower than the R$7,423,725.78 (approximately $1.48 million) he declared during the 2022 presidential election. According to TSE records and data reported by UOL, this represents a decrease of approximately 35.7% in his declared assets over the period, based on nominal values in both filings.
Read also | Brazil polls: Lula gets first smartphone in 80s, but can he win over Gen Z?
The filing reflects the values reported by Lula under applicable disclosure rules and does not necessarily represent the current market value of his holdings.
What are Lula’s main assets?
A significant proportion of Lula’s declared assets is held in private pension investments. His 2026 filing lists two such plans:
Brasilprev: R$1,923,927.36 (approx. $384,000).
Bradesco: R$1,380,000 (approximately $275,000).
Read also | Brazil polls: Lula gets first smartphone in 80s, but can he win over Gen Z?
Combined, the two pension funds are valued at around R$3.3 million, or $659,000, which is almost 69% of his declared assets.
His other declared holdings include:
Property: Land, house under construction, apartment share and rural property share in São Bernardo do Campo.
Vehicle: Chevrolet automobile (2010/2011 model) worth R$50,000 (approx. $10,000).
Business Ownership: 98% stake in LILS Palestras, Eventos e Publicações, valued at R$49,000 (approximately $9,800).
The statement also includes bank deposits, savings, fixed income investments and a real estate investment trust, according to TSE candidate disclosure records.
Why has Lula’s declared wealth decreased since 2022?
Lula’s declared assets decreased by approximately R$2.65 million between the 2022 and 2026 elections.
The reduction was largely linked to changes in his private pension funds. In 2022, he announced a private VGBL pension plan worth approximately R$5.57 million. In his 2026 filing, the combined value of his two declared pension plans was approximately R$3.30 million.
According to UOL, the difference in the declared value of these pension investments contributed significantly to the overall decline. Its latest filing also reflects changes in other declared assets.
