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E-mail Forbes.com, April 12, 2012
Sebastian Pinera
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Sebastian Pinera [EFE] |
The Connection: President of Chile (2010-present); Senator (1990-1998)
After he was elected president in 2010, Pinera kept his campaign promise to sell his holdings, a popular move. He unloaded his 26 percent stake in Chilean airline LAN for US$1.5 billion, sold the TV channel Chilevision to Time Warner for a reported US$150 million, and sold his share of popular soccer team Blanco & Negro. But last year after student protests, worker strikes, and raging wildfires in Torres del Paine National Forest, Pinera's approval ratings dropped to a reported 23 percent, the lowest of any Chilean president since Pinochet.
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