The legal deadline for President José Antonio Kast’s cabinet members to submit their declarations of assets and interests to the Comptroller General of the Republic expired this weekend. The process was marked by a lack of transparency in official channels, with only two updates recorded on the InfoProbidad platform.
Only Transport Minister Louis de Grange and Education Minister María Paz Arzola complied with the submission within the established timeframe. Information regarding the remaining officials' assets has instead surfaced through press leaks.
Million-Dollar Fortunes and a Lack of Transparency
According to the newspaperLa Tercera, Deputy Minister of Economy and Mining Daniel Mas holds one of the highest net worths in the cabinet. His assets, primarily stemming from the construction sector, exceed US$100 million, following his declaration of stakes in more than 50 companies.
Foreign Minister Francisco Pérez Mackenna also shows significant wealth. Although his declaration is not publicly available, sources indicate his net worth is approximately US$85 million, a figure that fluctuates depending on the valuation method used.
Minister of National Assets María Catalina Parot reported real estate holdings exceeding $1.3 billion. Her declaration includes five properties, notably in Lo Barnechea and the Maule Region.
Other cabinet members also revealed substantial assets. Finance Minister Jorge Quiroz declared three properties and stakes in Macro Capital Partners SpA, with a tax valuation that includes a residence in Las Condes worth over $820 million. Meanwhile, Energy Minister Ximena Rincón reported ownership of a property in Las Condes as well as shares in Latam Airlines and SQM.
Spokesperson Mara Sedini reported a property in Vitacura valued at $302 million and debts totaling $224 million. Similarly, Secretary General of the Presidency José García Ruminot declared voluntary pension savings of more than $419 million, along with properties in Temac and Viña del Mar.
