Age, Biography and Wiki
Porfirio Lobo Sosa was born on 22 December, 1947 in Trujillo, Honduras, is a President of Honduras from 2010 to 2014. Discover Porfirio Lobo Sosa'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 76 years old?
Popular As |
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Age |
76 years old |
Zodiac Sign |
Sagittarius |
Born |
22 December, 1947 |
Birthday |
22 December |
Birthplace |
Trujillo, Honduras |
Nationality |
Honduras
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We recommend you to check the complete list of Famous People born on 22 December.
He is a member of famous President with the age 76 years old group.
Porfirio Lobo Sosa Height, Weight & Measurements
At 76 years old, Porfirio Lobo Sosa height not available right now. We will update Porfirio Lobo Sosa's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
Who Is Porfirio Lobo Sosa's Wife?
His wife is Rosa Elena Bonilla
Family |
Parents |
Not Available |
Wife |
Rosa Elena Bonilla |
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Not Available |
Children |
Not Available |
Porfirio Lobo Sosa Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Porfirio Lobo Sosa worth at the age of 76 years old? Porfirio Lobo Sosa’s income source is mostly from being a successful President. He is from Honduras. We have estimated Porfirio Lobo Sosa'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 |
President |
Porfirio Lobo Sosa Social Network
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Timeline
Porfirio Lobo Sosa (born 22 January 1947) also known by his nickname, Pepe Lobo, is a former Honduran politician and agricultural landowner who served as President of Honduras from 2010 to 2014.
Lobo was born on 22 January 1947 in Trujillo and grew up on the ranch of La Empalizada near Juticalpa, Olancho.
His parents are Porfirio José Lobo López and Rosa Sosa Hernández de Lobo; both are deceased.
His father served as deputy in the National Congress in 1957 and was a political leader in the department of Olancho.
His brother Ramón Rosa Lobo Sosa is a deputy in the National Congress for the department of Colón.
After attending a Catholic school in Juticalpa, Lobo continued his studies at the San Francisco Institute of Tegucigalpa and then at the University of Miami Coral Gables, Florida in the United States.
After obtaining his Bachelor of Business Administration from the University of Miami School of Business, Lobo returned to Honduras to work in the family's agricultural business and to teach political economy and English at the La Fraternidad Institute in Juticalpa for 11 years.
He was granted a doctorate by Patrice Lumumba University in Moscow.
He also obtained a black belt in taekwondo.
Lobo's political career started at the age of 19 as a political leader in Olancho.
For 31 years, he presided over the national party's youth in Olancho, local committee of Juticalpa and the departmental committee of Olancho.
Lobo Sosa's son, Fabio Lobo (born in 1971), was arrested in Haiti in a U.S. Drug Enforcement Administration sting operation in 2015 and was sentenced in September 2017 in the federal court for the Southern District of New York to 24 years in prison for conspiring to import cocaine into the United States.
A member of the conservative National Party and a former deputy in the National Congress of Honduras from 1990, he was president of the National Congress of Honduras from 2002 to 2006.
He was in charge of the Honduran corporation for forestry development, from 1990 to 1994.
He was elected to the national congress in 1990, where he later served as president, from 2002 to 2006.
He came second to Manuel Zelaya with 46% of the vote in the 2005 general election.
Lobo was the National Party of Honduras' candidate for 27 November 2005 presidential election; Mario Canahuati was his running mate.
His campaign was based on job security, a tough stance on crime, and being in favour of reintroducing the death penalty.
He came in second in the presidential election with 46.17% of the vote against 49.90% from his rival Manuel Zelaya of the Liberal Party of Honduras.
He held the position of president of the National Party of Honduras.
President Lobo dismantled Manuel Zelaya's social reforms in favour of a more liberal economic policy: derogation of Decree 18-2008, which gave land to peasants, suspension of the minimum wage, adoption of the Temporary Employment Law (which allows workers to be hired "by the hour", thus preventing their possible unionisation and access to social rights), reform of the status of teachers and partial privatisation of education, and a law on the concession of natural resources, which allows resources such as water to be auctioned off.
In December 2008, he once again became the presidential candidate of the PNH and on 29 November 2009 he was elected President of Honduras with 56% of the vote against 38% for his rival Elvin Santos.
Following his victory, Lobo said his administration will "begin the great national dialogue".
He also promised to encourage private investment to generate employment and to increase social benefits in a country where 70% of its 7 million citizens live in poverty.
After the military ousted Zelaya in a coup d'état, Lobo was elected president in the 2009 presidential election and took office on 27 January 2010.
Human Rights Watch argued that "at least eight journalists and ten members of the National Popular Resistance Front (FNRP)—a political group that opposed the 2009 removal from office of the then president and advocated the reinstatement of the ousted president, Manuel Zelaya — have been killed since Lobo assumed power on January 27, 2010".
Human Rights Watch has also reported attacks on the independence of the judiciary and public prosecutors.
The Obama administration, however, praised Lobo for his attempts at reconciliation, which include forming a truth commission to investigate events surrounding the removal from office as well as appointing a human rights adviser and political opponents to his government.
His presidency was also marked by violent conflicts between landless peasants and large landowners.
In Bajo Aguán, 35 peasants were murdered between January 2010 and July 2011 by militias financed by the landowners.
The national constitution is amended to this effect in February 2011.
In the event that a subsequent government wishes to revisit this project, a decree states: "The systems instituted in the REDs [special development regions] must be (...) approved by the National Congress with a qualified two-thirds majority", with the understanding that "this constitutional status may only be modified, interpreted or overturned by the same majority, after consultation by referendum of the population living in the RED".
The management of the Inter-American Development Bank (IDB) was enthusiastic and promised to support it.
Following a complaint of "treason to the homeland" to the Supreme Court of Justice by opponents of the project, the project was finally declared unconstitutional and rejected by the Court.
Honduras became the only country in the world to ban the morning-after pill in 2012.
The project of the American economist Paul Romer, which consists of building "private cities" on parts of the national territory where almost all the regulations would be given to investors and not to the Honduran state, is accepted by the government of Porfirio Lobo.
According to the Mexican agency Consulta Mitofsky, Porfirio Lobo's popularity in 2012 was only 14%, which made him the second most unpopular leader in Latin America at the time, after Costa Rican then-President Laura Chinchilla.
Porfirio Lobo's presidency has not brought an end to the country's problems of violence, where the homicide rate in 2013 remains the highest in the world.
According to the UN Economic Commission for Latin America and the Caribbean (ECLAC), Honduras is the country on the continent where poverty and inequality are growing the most.
He pleaded guilty in May 2016.