Age, Biography and Wiki

Miguel Vargas (politician) (Miguel Octavio Vargas Maldonado) was born on 26 September, 1950 in Santo Domingo, Dominican Republic, is a Dominican civil engineer, businessman, and politician. Discover Miguel Vargas (politician)'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 73 years old?

Popular As Miguel Octavio Vargas Maldonado
Occupation Civil engineer, businessman, politician
Age 73 years old
Zodiac Sign Libra
Born 26 September, 1950
Birthday 26 September
Birthplace Santo Domingo, Dominican Republic
Nationality

We recommend you to check the complete list of Famous People born on 26 September. He is a member of famous Engineer with the age 73 years old group.

Miguel Vargas (politician) Height, Weight & Measurements

At 73 years old, Miguel Vargas (politician) height not available right now. We will update Miguel Vargas (politician)'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Miguel Vargas (politician)'s Wife?

His wife is María Ángeles García

Family
Parents Altagracia Maldonado Pedro A. Rivera
Wife María Ángeles García
Sibling Not Available
Children Alberto Manuel, Alan Omar, Miguel Paúl

Miguel Vargas (politician) Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Miguel Vargas (politician) worth at the age of 73 years old? Miguel Vargas (politician)’s income source is mostly from being a successful Engineer. He is from . We have estimated Miguel Vargas (politician)'s net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Engineer

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Timeline

1950

Miguel Octavio Vargas Maldonado (born 26 September 1950) is a Dominican civil engineer, businessman, and politician.

He is the current chairman of the Dominican Revolutionary Party, and former Minister of Foreign Affairs.

Miguel Vargas is the extra marital son of Altagracia Maldonado and Pedro Antonio Rivera Abreu, an agro-industrial businessman and politician.

Vargas is named after the husband of his mother, Octavio Vargas.

Vargas studied at the Colegio San Juan Bosco, where obtained his high school diploma.

Afterwards, he pursued a Bachelor's of Science in Civil Engineering from the University of Puerto Rico.

Upon graduation, Vargas began his professional life as a supervising engineer in the engineering department and buildings of the Compañía Dominicana de Teléfonos (CODETEL).

Years later, he founded Planinco, his first engineering firm.

1970

Miguel Vargas Maldonado began his political career in the mid-1970s, the Dominican Revolutionary Party (PRD), which has fought for nearly forty years.

In the party leadership he has held the roles of Vice President, member of the Presidium, a member of the National Executive Committee (CEN) and the Political Commission and National Secretary of Finance.

1982

Between 1982 and 1984, in the government of Salvador Jorge Blanco (PRD 1982–1986), he was director general of the "Water Supply and Sewerage Corporation of Santo Domingo CAASD".

1994

Vargas received a substantial inheritance from his biological father, who was serving as senator for La Vega Province when he died in a car accident in 1994.

Vargas is currently married to María de los Ángeles García Frangie, and has three children: Alberto Manuel, Alan Omar, and Miguel Paúl.

2000

In the government of Hipolito Mejia (2000–2004), it was "Secretary of State for Public Works and Communications".

2004

His election campaign was based on his proposals to deal with pressing problems of the Dominican people as unemployment, crime, homelessness and high tax rates, as well as criticism of the government administration of President Leonel Fernandez Reyna (2004–2008 ).

2007

On 28 January 2007, Vargas Maldonado beat his opponent Milagros Ortiz Bosch, with about 80% of the votes, thus becoming the official candidate of the PRD to the Presidency of the Republic for the elections of 16 May 2008.

2008

Vargas Maldonado said that, if elected president in 2008, would cut taxes in order to boost the economy.

Grant 50% of charges of public administration to women, and increase spending on social investment.

In the elections of 16 May 2008, voting for the PRD candidate with Vargas as obtained rose 33% in 2004 to 41% in 2008.

However, he won by the PLD candidate and candidate for reelection, Dr. Leonel Fernandez, with over 53% of the vote.

2009

On Sunday 7 June 2009 Miguel Vargas was elected by the Political Commission of the PRD as party president.

The election was decided by 244 votes in favor.

Perredeísta membership of that body at that time was 312 people.

2010

Chaired by Miguel Vargas, the PRD attended the congressional and municipal elections on 16 May 2010.

Although the result in terms of votes absolutes improved from the last election, no seat was achieved in the Senate.

However, enrollment of deputies and mayors increased, which was considered a breakthrough by the PRD.

2011

On 6 March 2011 was held a convention where Vargas competed against former president of the Dominican Republic Hipolito Mejia, the official candidacy for president.

In a closed dispute, the convention Mejia won with 53.30% against a 46.70%.

The loser pre-candidate Vargas, claimed that some records in his favor were not counted, and other members of opposing parties, as the PLD and PRSC, could vote at this convention not having been excluded from the list of voters.

In his sworn statement of assets 2011 to run for the presidential candidate for the PRD declared a heritage of more than 100 million pesos.

In January 2014 was the subject of controversy when it was discovered that received a loan from the Banco de Reservas on 13 December 2011 for $15 million, well above the equity amount Vargas said owning earlier this year, although the offered guarantees were previously rejected by the management of the Bank Valuations.

2012

Members of his party insinuated that the loan, which was approved in eleven days, would be related to Vargas Maldonado's refusal to participate in favor of the party's presidential candidate Hipólito Mejía in the election campaign 2012.

He is currently president of the PRD.

2013

He is also president of the "Socialist International for Latin America and the Caribbean" and, since 2013, vice president of the International Socialist worldwide.

2016

He was appointed as Chancellor of the Dominican Republic President Danilo Medina by 16 August 2016.