Mexican president publishes modest possessions, income

FILE - In this Dec. 3, 2018 file photo, Mexico's President Andres Manuel Lopez Obrador holds his first news conference as president, which started at 7 a.m. local time in Mexico City. Lopez Obrador has published a financial disclosure form on Thursday, Jan. 3, 2019, that reveals relatively few possessions and the fact that his wife makes more than he does. (AP Photo/Christian Palma, File)

MEXICO CITY – Mexican President Andres Manuel Lopez Obrador has published a financial disclosure form that reveals relatively few possessions — and the fact that his wife makes more than he does.

Lopez Obrador cut his own pay to about $65,000 per year when he took office on Dec. 1. His wife, writer and academic Beatriz Gutierrez, makes about $72,000.

The president has about $23,000 in savings; Gutierrez has three times that much. In the disclosure form presented to authorities Thursday, he says a three-acre (1.2 hectare) compound he inherited from his parents in southern Chiapas state has been signed over to his four sons.

Lopez Obrador said Friday: "I have never been interested in money, I fight for ideals."

Gutierrez has properties worth over $250,000.