SIMÓN BOLÍVAR - Rico Pero Arruinado

If you want to support my research and watch the videos starting Thursday, join here: 💎 MEMBERSHIPS:    / @historiasdeadelina   And if you're not yet part of the family, subscribe so we can reach our next goal soon: ✅ SUBSCRIBE:    / @historiasdeadelina   Did Simón Bolívar die poor… or was he one of the richest men in the Americas? This episode reveals the immense fortune the Liberator inherited: cacao plantations, mines, houses, and enslaved people. But it also shows how the War of Independence slowly consumed his wealth, leaving him penniless at the end of his life. Credits: Direction, research, script, presentation, and management: Adelina Covo Production, editing, and digital management: Antonio Luis Ángel Covo Production assistant and digital management: Noelia Cortés General Production: @kactusfilms Sources: Main Sources: John Lynch, Simón Bolívar: A Life David Bushnell, Simón Bolívar: Project of America Elías Pino Iturrieta, The Divine Bolívar Inés Quintero, Studies on Venezuelan Colonial Society Eduardo Arcila Farías, Colonial Economy of Venezuela Frédérique Langue, Aristocracy and Revolution in Venezuela Manuel Briceño Perozo, Studies on the Aroa Mines Morales Álvarez, J. The Entailed Estate of Father Aristiguieta: The Liberator's First Inheritance Lovera de Sola, R. J. (2001). The Liberator's Assets. Bulletin of the Academy of History (Venezuela). 1) On: General Fortune and Patrimony Structure John Lynch Overview of his fortune, belonging to the Caracas elite, and its progressive decline during the war. David Bushnell Confirmation that Bolívar was born into a privileged position and that his wealth was ultimately diminished. 2) On the Entailed Estate received from his godfather, Father Aristeguieta: Elías Pino Iturrieta Explains the entailed estate system and its importance among the Caracas elite. Inés Quintero Details how these family ties consolidated wealth and power. From these two authors, we know that: an entailed estate existed it included urban and rural properties it generated significant income 3) On the fact that cacao plantations were the core of Bolívar's wealth: Eduardo Arcila Farías Cacao economy: its operation, enslaved labor, and profitability. Frédérique Langue Structure of the Caracas aristocracy and its plantations. These two authors support: the location of cacao plantations in the Tuy Valley the use of enslaved people for their exploitation that these plantations were complex production units that the plantations had real economic importance, that they were more than just farms. There are no exact figures; they have been secondary estimates agreed upon by historians and other specialists. For example: 95,000 cacao trees (see CLARIFICATION below) 4) On the Aroa Mines Manuel Briceño Perozo Specific study on the Aroa mines. Eduardo Arcila Farías Economic context of colonial mining. Here they support: their location, in Yaracuy that their exploitation was irregular the lack of capital and technology for their exploitation, as well as the fact that their value was potential and not an immediate income 5) Regarding urban properties in Caracas John Lynch Confirms that the family owned several urban houses. Inés Quintero Domestic life and social context of the Caracas elite. Lynch and Quintero support the following: it was not a single house the Birthplace was one among several inherited properties they were very nice houses, spacious and functional 6) The annual income of 14,000 pesos John Lynch and David Bushnell (high income from birth and belonging to the regional economic elite) I CLARIFY: that none of the figures from that time can be taken as exact. 7) The use of his personal fortune during the Independence John Lynch and David Bushnell Both support the following: assets were sold those incomes were used for the war, as well as the gradual loss of the initial wealth 8) What was his financial situation at the end of his life, in 1830? John Lynch and David Bushnell They show: his lack of liquidity how he depended on political support and friends a real economic decline 9) Sugarcane plantations, cattle ranches, other houses in Caracas and La Guaira, family jewels. Juan Morales and Rafael Lovera de Sola