Tuesday, February 24, 2026

AMLO declares his assets but they don’t amount to much

President López Obrador has formally declared his assets, but there isn’t much to declare.

His only asset is a country house in Palenque, Chiapas, but even that property is not legally his: the legal owners are his four sons. The president said he has the legal right to use and enjoy the house “until I cease to exist, that is the agreement stated in the public ownership documents of the 12,000-square-meter property.”

The president insisted that his property is not a ranch “because a ranch and a farm are a step away from being an estate.”

“I am not a rancher . . . my parents lived on the 12,000 [square] meters, but [the land] produces nothing. I have planted trees, but they are for our own use. These are fruit and timber-yielding trees,” he said.

López Obrador’s declaration of assets also states that he has neither a credit card nor a checking account.

He does have two investment accounts, valued at 446,068 pesos (US $23,000).

Also released this morning was the declaration of assets of the president’s wife, Beatriz Gutiérrez Müller. One asset is a 2.7-million-peso house in which the couple live, located in the Mexico City borough of Tlalpan.

She also listed three properties in Puebla, a 2018 Volkswagen Tiguan valued at 353,000 pesos, a second vehicle worth 292,900 pesos and jewelry, paintings, sculptures and furnishings.

Value of the assets came to just over 8 million pesos.

Gutiérrez reported monthly income of 117,500 pesos, while the president earns 108,744 pesos.

López Obrador said all government employees, without exception, would have to present their declaration of assets. He said they are “honest people and their assets are the fruit of their honest work.”

Source: Milenio (sp), El Heraldo de México (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Black and white photos of Mexican tequileros caught on the border in Texas in the 1920s. The three tequileros are posed with two border authorities with the confiscated sacks of alcohol in front of them.

A look back at the days when tequila was the drug smuggled across the Mexico-US border

0
Prohibition launched the era of the tequileros, Mexican men from border towns who saw an opportunity to make a quick buck smuggling contraband alcohol into the U.S.
el Mencho

Here’s what to know about ‘El Mencho’ and the cartel he created

2
El Mencho forged his power by combining accelerated national expansion, large-scale diversification of criminal businesses (drugs, human traffic, extorsion, etc.) and brazen acts of violence toward the authorities.
INEGI, Mexico's official statistics agency, revisits its monthly and quarterly economic data to solidify the findings, and for the fourth quarter of 2025, the adjustment indicated that Mexico's 2025 GDP was a tick better than originally thought.

Revised figures boost Mexico’s 2025 GDP growth to 0.8%

0
The national statistics agency INEGI reported that Mexico’s gross domestic product (GDP) advanced 0.9% in Q4 2025 due to a favorable revision of primary activities, bringing final 2025 growth up from 0.7% to 0.8%.
BETA Version - Powered by Perplexity