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MONTEVIDEO, Uruguay — Uruguay’s new president may be one of the world’s poorest sitting leaders: Jose Mujica formally declared that his entire wealth amounts to a 1987 Volks wagen Beetle, worth about $1,900. Because the former leftist guerrilla leader has no bank accounts or other assets and put his small farm in his wife’s name, the car is all he owns, according to his sworn declaration, which appeared in Thursday’s official bulletin.
Mujica’s only reported income is his presidential salary, about $11,000 a month.
