Sunday, March 1, 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.
newspapers with El Mencho's face on the front page

Mexico’s week in review: The fall of El Mencho

6
Mexico's most wanted criminal is dead, his cartel is leaderless and the race to replace him has already begun — here's your guide to the week that changed Mexico's security landscape.
Mexican marines inspect a burned car in Puerto Vallarta

In the wake of another fallen cartel leader, 10 reasons why this time could be different: A perspective from our CEO

22
After the fall of a major cartel leader, conventional wisdom predicts more violence. Mexico News Daily's CEO makes the case for why this time could genuinely be different.
The Mexico City skyline with a skyscraper in the foreground

Mexico’s economic growth outlook improves as Banxico, OECD lift forecasts

1
Mexico's central bank and one of the world's leading economic organizations raised their 2026 GDP growth forecast to 1.6% and 1.4% respectively, offering cautious optimism after Mexico's sluggish 2025 performance
BETA Version - Powered by Perplexity