How Markos Moulitsas REALLY Got Rich

All too many people believe the literally incredible rags to riches story that Markos C. Alberto Moulitsas Zúñiga told, e.g. La Prensa Grafica, about how he became super rich.  The following quote is from the last paragraph of the La Prensa Gráfica article whose screen shot is above.  (Although the link is copied into the right margin of the screen shot, the link no longer works.  Thank goodness we have a screen shot of this article in which MAMZ told a number of bold-faced lies.) 

"In the world before the Internet, someone like me could never have reached this level of success.  I don't have money. I don't come from a famous or powerful family.  I was an immigrant to the United States.  Technology gave me the opportunity to create a publication with more than a million viewers a day without investing a lot of money.   The cost of starting the site was one hundred dollars."

To see how absolutely and purposefully untruthful that is, just refer to a couple of the links cited in The Indictment of Markos C. Alberto Moulitsas ZÚÑIGA (MAMZ) by Justice and History (Updated with Additional Information and Counts):

8). Markos C.A. Moulitsas ZÚÑIGA has told the media, without naming her, that his mother "returned to El Salvador several years ago to run a hotel." San Francisco Gate

9). In fact, Mr. Moulitsas ZÚÑIGA’s family owns a sumptuous and “exclusive” resort hotel and tourism conglomerate in El Salvador called the "Club Joya del Pacífico" (Club Jewel of the Pacific) a unit of which is the (Jaltepeque Suites Hotel).

10). Demonstrating his connection to these, what MAMZ has called "family business" interests, Markos C.A. Moulitsas ZÚÑIGA invited his wife, friends and family to celebrate his honeymoon with him at the this Jaltepeque Suites Hotel after he was married in the year 2000. (For some reason, the original link no longer works. Fortunately, we have two screenshots from his wedding album, including their web addresses, to prove that the album was public before its significance was pointed out. And now it's gone.)
11). Markos C.A. Moulitsas ZÚÑIGA ZÚÑIGA's "family business" actually received five million dollars in foreign investments between 1997 and 2000, immediately before the period in which MAMZ states that he sought work at the CIA because he was "underemployed, unemployed." Audiotape of 2006 Speech to the Commonwealth Club.

12). Carlos Alberto Delgado Zúñiga, the “family” member listed in government records as “manager” of the Moulitsas ZÚÑIGA’s hotel is also president of the “Junta Directiva” of the CÁMARA SALVADOREÑA DE TURISMO (CASATUR), the national tourism board of El Salvador, according to El Salvador's "La Prensa" newspaper. He has aggregated power in El Salvador through participation in a series of interlocking tourism-related directorates and has used this power to facilitate the destruction of the Jaltepeque Estuary by his hotel conglomerate, Club Jewel of the Pacific, even though the Jaltepeque Estuary is universally recognized by international groups as an endangered habitat for imperiled marine life. VII. MACROPOLITICAS, CONVENIOS INTERNACIONALES Y LEGISLACIÓN QUE INCIDE EN LAS ÁREAS DE CONSERVACION (VII. Macropolitics, International Conventions and Legislation Regarding Conservation)

. . . [P]resión urbana y la descontrolada dinámica de ocupación de la zona esta generando un fuerte y rápido deterioro provocando una alteración en dicho ecosistema. Urban pressure and the uncontrolled dynamic of occupation of the zone is generating a strong and rapid deterioration, provoking a deterioration of said ecosystem." Guide to Sustainable Development of the Jaltepeque Estuary in the La Paz Region.

See also:
Moulitsas ZÚÑIGA's "Family Business" Pollutes Unique Salvadoran Lagoon and Threatens Wildlife Species.

Why Has Markos C.A. Moulitsas ZÚÑIGA (M.A.M.Z.) Lied About His Wealthy Salvadoran Oligarchy Family Background?

13). Carlos Alberto Delgado Zúñiga, the man listed in public documents as the “manager” of the Moulitsas ZÚÑIGA’s Jaltepeque Suites Hotel, is also president of the “Junta Directiva” of the CÁMARA SALVADOREÑA DE TURISMO (CASATUR), the national tourism board of El Salvador. In addition, he is a member of the member of the “Junta Directiva” of the “Sistema de Integración de Centroamerica” (System for Integration of Central America).

14). The man listed as the manager of the Moulitsas ZÚÑIGA’s hotel is also named in Salvadoran Government documents as the “ADMINISTRADOR UNICO PROPIETARIO” (Administrator Sole Proprietor) of PRODUCTOS TURISTICOS Y OTROS, SOCIEDAD ANONIMA DE CAPITAL VARIABLE - PROTURO, S.A. DE C.V. CNR.GOB.SV: Names and Credentials

15).Proturo, S.A. de C.V. is also known as the “Baja Salt Group,” which does business as “Baja Salt.”

16). Baja Salt distributes table salt and industrial salt in the United States, Japan, Korea, Taiwan, New Zealand, Central and South America, and maintains offices in Odessa, Texas, where President George W. Bush was born. This Odessa, Texas office shares a telephone number, fax number and physical address with a peculiar equipment rental and petroleum industry business, Light Tower Rentals, Ltd, listed along with Halliburton Energy Services Group in the Texas organization records of USA Oilfield. These activities associated with Carlos Alberto Delgado Zúñiga's Baja Salt Group have not been sufficiently explained. See "The Secret "Family Business" of Markos Moulitsas Zúñiga (DailyKos)"

17). Baja Salt is the sole Central American distributor for the salt produced by Mexico’s Exportadora de Sal, S.A. (ESSA).

18). Baja Salt/ESSA is a notorious polluter of pristine grey whale and sea turtle spawning grounds and habitat in Baja Mexico.

Markos Moulitsas got rich simply by being born into the Zúñiga family to a mother who owned a hotel on prime beachfront land in El Salvador. There might be several more answers to the question of how he continues to get rich, but how he initially became rich is explained above.

It seems likely that when Markos Moulitsas' mother dies (which all people do eventually), Moulitsas will inherit a substantial portion of the "family hotel" as well.