Luis Abinader Biography

Lui Abinader is a Dominican economist, businessman, and politician who was born and brought up in Santo Domingo, Dominican Republic. He served as the 54th president of the Dominican Republic since 2020. He is the first president born after the dictatorship of Rafael Trujillo (1930-1961).

Abinader began his career as an investment banker at Merrill Lynch. In 1994, he founded his own company, Abicor Group, which is engaged in business consulting and investment.

Abinader entered politics in 2012, when he was elected senator for the province of Santiago. In 2020, he was elected President of the Dominican Republic, defeating incumbent Danilo Medina.

10 Quick Facts About Luis Abinader

Luis Abinader Age

Abinader is 56 years old. He was born on July 12, 1967, in Santo Domingo, Dominican Republic. He celebrates his birthday on 12 July every year and his birth sign is Cancer.

Luis Abinader Height

Abinader stands at an average height. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We will update this section when the information is available.

Early Life and Education

Luis Rodolfo Abinader Corona was born on July 12, 1967, in Santo Domingo, Dominican Republic. He is the son of José Rafael Abinader, a Lebanese businessman, and Rosa Celia Corona Pérez.

Abinader attended Loyola High School in Santo Domingo, where he completed his secondary education. He then went on to study economics at the Instituto Tecnológico de Santo Domingo (INTEC), graduating in 1989.

After completing his undergraduate studies, Abinader pursued further education in the United States. He earned a master’s degree in business administration from Dartmouth College in 1994 and a master’s degree in management from Harvard University in 1996.

Abinader’s early career was focused on finance and business. He worked as an investment banker at Merrill Lynch and later founded his own investment firm, Abicor Group. He also served as vice president of the Dominican Republic’s National Association of Hotels and Restaurants (ASONAHORES).

Rise to Fame

Luis Abinader’s ascent to the presidency of the Dominican Republic is a remarkable story of political ambition, strategic maneuvering, and unwavering commitment to his vision for a better nation. Here’s a closer look at his journey to prominence:

Early Life and Education:

Abinader’s political journey began with a strong foundation in education. Born into a family of business leaders, he pursued economics at the prestigious Instituto Tecnológico de Santo Domingo (INTEC) and later earned advanced degrees from Dartmouth College and Harvard University. His educational background instilled in him a deep understanding of economics, finance, and business management, which would prove invaluable in his future political endeavors.

Political Entry and Rise Within the Dominican Revolutionary Party (PRD):

Abinader’s formal entry into politics came in 2005 when he joined the Dominican Revolutionary Party (PRD), a prominent political force in the country. His expertise in economics and business quickly gained recognition, and he steadily ascended through the party ranks. In 2005, he was elected vice president of the PRD, demonstrating the growing confidence in his leadership abilities.

Vice Presidential Candidacy and Formation of the Modern Revolutionary Party (PRM):

In 2012, Abinader sought to broaden his political reach by running for vice president of the Dominican Republic on the PRD ticket. However, the PRD’s presidential candidate lost the election, leaving Abinader to regroup and strategize his next move.

Presidential Bid and Victory:

With the PRM firmly established, Abinader set his sights on the presidency. In 2020, he launched his presidential campaign, emphasizing his economic expertise, his commitment to fighting corruption, and his vision for a more prosperous and equitable Dominican Republic.

Abinader’s Presidency:

President Abinader’s presidency has been marked by a resolute commitment to fulfilling his campaign promises. He has implemented a series of economic reforms aimed at stimulating growth, attracting investment, and creating employment opportunities.

He has also prioritized education, healthcare, and infrastructure development, recognizing the importance of investing in human capital and physical infrastructure to drive long-term economic progress.

Luis Abinader Family, Parents

Abinader was born to the late Jose Rafael Abinader and Rosa S. Corona Caba with whom they had divorced. His father Jose, was also a politician, lawyer, and writer from the Dominican Republic.

Luis Abinader Wife

Abinader is currently married to his wife Raquel Arbaje Soni. Raquel is the daughter of Elias Arbaje Farah, Businessperson, and Margarita Soni. They are blessed with three children named Esther Patricia, Graciela Lucía, and Adriana Margarita.

Luis Abinader Daughters

Abinader and his wife Raquel Arbaje Soni have three children together, all daughters named Graciela Lucía Abinader Arbaje, Adriana Margarita Abinader Arbaje, and Esther Patricia Abinader Arbaje

Luis Abinader Net Worth

Abinader has an estimated net worth of $70 million dollars as of 2023. This includes his assets, money and income. His primary source of income is his career as an economist, businessman, and politician. Through his various sources of income, Luis has been able to accumulate a good fortune but prefers to lead a modest lifestyle.

Luis Abinader Measurements and Facts

Here are some interesting facts and body measurements you should know about Luis.

Luis Abinader Wiki

• Full Names: Luis Rodolfo Abinader Corona
• Popular As: Luis
• Gender: Male
• Occupation / Profession: Economist, Businessman, and Politician
• Nationality: Dominican
• Race / Ethnicity: Not Available
• Religion: Not Known
• Sexual Orientation: Straight

Luis Abinader Birthday

• Age / How Old?: 56 years old
• Zodiac Sign: Cancer
• Date of Birth: July 12, 1967
• Place of Birth: Santo Domingo, Dominican Republic
• Birthday: July 12

Luis Abinader Body Measurements

• Body Measurements: Not Available
• Height / How Tall?: Average
• Weight: Moderate
• Eye Color: Brown
• Hair Color: Grey
• Shoe Size: Not Available

Luis Abinader Family and Relationship

• Father (Dad): Jose Rafael Abinader
• Mother: Rosa S. Corona Caba
• Siblings (Brothers and Sisters): Not Known
• Marital Status: Married
• Husband/Spouse: Married to Raquel Arbaje Soni
• Dating / Boyfriend: Not Applicable
• Children: Sons (None) Daughter(s) (Graciela Lucía Arbaje, Adriana Margarita Arbaje, and Esther Patricia Arbaje)

Luis Abinader Net Worth and Salary

• Net Worth: $70 Million
• Salary: Under Review
• Source of Income: Economist, Businessman, and Politician

Luis Abinader Career

Luis was elected vice president of the Dominican Revolutionary Party in its 2005 National Convention. He is currently Executive Chairman of ABICOR Group, which has developed and operated major tourism projects in the country. This family group led the business plan of what is today the company Cementos Santo Domingo, of which he is Vice President.

He has been president of the Association of Hotels of Sosúa and Cabarete and is a member of the Board of Directors of the National Association of Hotels and Restaurants (ASONAHORES). He is a member of the Board of Directors of the O&M University’s Foundation.

He was recognized by the Rhode Island General Assembly for his career in public service, education, and business. He also received acknowledgments from the City Hall of Boston and the Massachusetts Senate for his contributions to higher education, civic engagement, and community service.

Abinader was the vice-presidential candidate of the Dominican Revolutionary Party in the 2012 election and in 2005 was pre-candidate for senator from the province of Santo Domingo.

Luis Abinader Election

Abinader successfully ran for election in the 2020 cycle. Rudy Giuliani and John Huvane advised Abinader in the campaign as security consultants.

Notable Travel, Events, and Experiences

Throughout his career, Luis Abinader has participated in numerous significant travels, events, and experiences that have shaped his perspectives and broadened his understanding of the world. Here are some of the most noteworthy:

International Travel and Summits:

• United Nations General Assembly: Abinader has addressed the United Nations General Assembly on several occasions, advocating for issues such as climate change, sustainable development, and global cooperation.
• World Economic Forum: Abinader has participated in the World Economic Forum in Davos, Switzerland, where he has engaged with world leaders and business executives on critical global issues.
• Organization of American States (OAS) General Assembly: Abinader has attended the OAS General Assembly, where he has promoted democracy, human rights, and regional cooperation.
• Bilateral Visits: Abinader has undertaken numerous bilateral visits to countries around the world, strengthening diplomatic ties and promoting cooperation on various issues.
• International Trade Missions: Abinader has led trade missions to various countries, promoting Dominican exports and attracting foreign investment.

Domestic Events:

• Inauguration as President: Abinader’s inauguration as President of the Dominican Republic in August 2020 marked a significant milestone in his career.
• State of the Nation Addresses: Abinader has delivered several State of the Nation addresses to the Dominican Congress, outlining his vision and priorities for the nation.
• Visits to Provinces: Abinader frequently visits provinces throughout the Dominican Republic to connect with citizens, understand their concerns, and oversee government programs.
• Groundbreaking Ceremonies: Abinader has participated in numerous groundbreaking ceremonies for infrastructure projects, demonstrating his commitment to development and progress.
• Public Meetings: Abinader regularly holds public meetings to discuss issues with citizens and gather feedback on government policies.

Other Notable Experiences:

• COVID-19 Pandemic Response: Abinader’s leadership throughout the COVID-19 pandemic has been widely recognized, and his experience in managing the crisis has provided valuable insights.
• Hurricane Relief Efforts: Abinader has played a key role in coordinating relief efforts following devastating hurricanes that have impacted the Dominican Republic.
• International Conferences: Abinader has participated in various international conferences on topics such as climate change, youth leadership, and the future of work.
• Award Ceremonies: Abinader has received numerous awards and recognitions for his work, including the “Time 100 Next” and the “Forbes Top 25 Most Powerful People in the Dominican Republic”.
• Book Publications: Abinader has authored several books on economics and politics, sharing his insights and perspectives on a range of issues.

Future Aspirations and Goals

Economic Growth and Prosperity:

• Abinader aims to maintain the Dominican Republic’s strong economic growth trajectory, attracting foreign investment, creating jobs, and reducing poverty. This includes further development of key sectors like tourism, agriculture, and renewable energy.
• He is also committed to fostering a more equitable distribution of wealth and promoting social mobility, ensuring that all Dominicans benefit from economic prosperity.

Education and Human Capital Development:

• Abinader believes that investing in education is crucial for the long-term development of the Dominican Republic. He aims to improve the quality of education at all levels, increase access to higher education, and develop 21st-century skills among the workforce.
• Additionally, he emphasizes the importance of early childhood development and providing children with a strong foundation for success.

Improved Infrastructure and Public Services:

• Abinader is dedicated to upgrading the Dominican Republic’s infrastructure, including roads, bridges, airports, and ports. This will improve transportation, logistics, and trade, further fueling economic growth.
• He also intends to enhance public services such as healthcare, sanitation, and security, ensuring that all citizens have access to essential services and improved quality of life.

Environmental Sustainability and Climate Change:

• Abinader recognizes the urgency of addressing climate change and promoting environmental sustainability. He aims to reduce greenhouse gas emissions, invest in renewable energy sources, and protect the Dominican Republic’s natural resources.
• He is also committed to fostering a culture of environmental awareness and promoting sustainable practices across all sectors of society.

Strengthening Democracy and the Rule of Law:

• Abinader is dedicated to upholding democratic principles and strengthening the rule of law in the Dominican Republic. He emphasizes the importance of transparency, accountability, and fighting corruption.
• He also aims to strengthen the judiciary and independent institutions, promoting checks and balances within the government.

Enhanced International Cooperation:

• Abinader believes that international cooperation is essential for addressing global challenges and promoting peace and prosperity. He aims to strengthen the Dominican Republic’s partnerships with other countries, international organizations, and regional blocs.
• He also emphasizes the importance of promoting trade and investment opportunities, fostering cultural exchange, and collaborating on issues of mutual concern.

Social Impact: Philanthropic, Charitable and Community Involvement

Early Philanthropic Initiatives:

• Fundación Abinader Corona: Even before entering politics, Abinader founded the Fundación Abinader Corona in 1995. This non-profit organization focuses on supporting education, healthcare, and community development initiatives throughout the Dominican Republic.
• Abicor Foundation: Through his company, Abicor Group, Abinader established the Abicor Foundation in 2004. This foundation provides scholarships for underprivileged students to pursue higher education and supports various social programs.

Social Initiatives as President:

• Dominican Republic Cares: Upon assuming office, Abinader launched the “Dominican Republic Cares” program, a comprehensive social safety net aimed at assisting vulnerable populations during the COVID-19 pandemic.
• Solidarity Plan: The government’s “Solidarity Plan” provides direct financial assistance and food packages to low-income families and individuals impacted by the pandemic and economic challenges.
• National Housing Plan: Abinader launched the “National Housing Plan” to address the housing deficit and improve living conditions for low-income families.
• Quisqueya Digna: This initiative focuses on revitalizing vulnerable communities by providing access to basic necessities like clean water, sanitation, and electricity.
• Support for Education and Youth Development: Abinader has prioritized investment in education, increasing funding for schools and universities, and promoting programs that encourage youth leadership and entrepreneurship.

Community Engagement:

• Abinader regularly visits communities throughout the Dominican Republic, interacting with citizens, hearing their concerns, and participating in community events.
• He has established direct communication channels with citizens through social media and town hall meetings, actively engaging in dialogue and addressing their needs.
• Abinader actively promotes volunteerism and encourages private sector participation in social responsibility initiatives aimed at improving communities.

Luis Abinader Awards Accomplishments and Achievements

Luis Abinader has been recognized for his achievements throughout his career in both the private and public sectors. Here are some of his most notable awards, accomplishments, and achievements:

Business and Finance:

• Entrepreneur of the Year: Abinader received the “Entrepreneur of the Year” award from the Dominican Republic Chamber of Commerce and Production in 1999.
• Award for Best Business Practices: Abinader’s company, Abicor Group, received the “Award for Best Business Practices” from the National Council for Private Enterprise (CONEP) in 2004.
• Financial Leadership Award: Abinader was awarded the “Financial Leadership Award” by the Association of Banks of the Dominican Republic (ABA) in 2005.

Politics and Public Service:

• Senator of the Republic: Abinader was elected Senator for the province of Santiago in 2010, serving until 2016.
• Presidential Candidate: Abinader ran for President of the Dominican Republic in 2016 and 2020, winning the election in the latter year.
• Economic Reforms: Abinader’s presidency has been marked by significant economic reforms, including tax reductions, investments in infrastructure, and initiatives to attract foreign investment.
• COVID-19 Response: Abinader has been praised for his handling of the COVID-19 pandemic, including his early implementation of lockdown measures and vaccination campaigns.
• Transparency and Accountability: Abinader has made transparency and accountability a top priority of his administration, implementing measures to combat corruption and strengthen the rule of law.

International Recognition:

• Time 100 Next: Abinader was named one of the “100 Next” most influential people in the world by Time magazine in 2021.
• Forbes Top 25 Most Powerful People in the Dominican Republic: Abinader has been consistently ranked by Forbes magazine as one of the most powerful people in the Dominican Republic.
• Honorary Doctorates: Abinader has received honorary doctorate degrees from several universities, including the Autonomous University of Santo Domingo and the Universidad Iberoamericana.

Other Notable Achievements:

• Founder of the Modern Revolutionary Party (PRM): Abinader co-founded the PRM in 2015, which has become one of the dominant political parties in the Dominican Republic.
• Author of several books: Abinader is the author of several books on economics and politics, including “Economía Dominicana: Desafíos y Oportunidades” and “Democracia y Desarrollo en República Dominicana.”
• Prominent speaker: Abinader is a frequent speaker at international conferences and forums, where he discusses issues such as economic development, democracy, and the future of the Dominican Republic.

Legacy

Positive Aspects of Abinader’s Legacy:

• Economic Growth and Stability: Abinader inherited an economy reeling from the COVID-19 pandemic but has implemented policies that have stabilized and even accelerated growth. The Dominican Republic has experienced one of the highest GDP growth rates in Latin America under his leadership.
• Investment in Infrastructure: Abinader has prioritized infrastructure development, including major investments in highways, airports, and renewable energy projects. These investments aim to improve the country’s connectivity, attract foreign investment, and create jobs.
• Social Programs: Abinader has launched various social programs, such as “Dominican Republic Cares” and the “Solidarity Plan,” which provide direct financial assistance and support to vulnerable populations. These programs have helped mitigate the impact of the pandemic and economic challenges on low-income families.
• Education and Youth Development: Abinader has shown commitment to improving education by increasing funding for schools, universities, and promoting programs that encourage youth leadership and entrepreneurship. These investments aim to develop the skills and knowledge necessary for future generations to thrive.
• Transparency and Accountability: Abinader has emphasized transparency and accountability in governance, implementing measures to combat corruption and strengthen the rule of law. This focus on ethical governance has been praised by international organizations and has improved the country’s image globally.
• International Cooperation: Abinader has strengthened the Dominican Republic’s ties with other countries and international organizations, fostering partnerships and collaborations on issues such as trade, investment, and climate change. This increased cooperation has opened doors for new opportunities and development initiatives.

Challenges and Potential Risks to Abinader’s Legacy:

• Economic Inequality: While the economy has grown, concerns remain regarding the uneven distribution of wealth. Abinader’s legacy could be marred if he fails to address economic inequality and ensure that all Dominicans benefit from the country’s prosperity.
• Social Issues: Poverty, crime, and access to healthcare remain significant challenges for many Dominicans. Abinader’s legacy will depend on his ability to address these issues effectively and improve the lives of marginalized communities.
• Corruption Eradication: While Abinader has taken steps to combat corruption, it remains a deeply rooted problem in Dominican society. His legacy will depend on whether he can make significant progress in dismantling corrupt networks and ensuring transparency in government processes.
• Political Polarization: The Dominican political landscape is highly polarized, which can hinder effective governance. Abinader’s ability to build consensus and work with different political actors will be crucial for his long-term success and the implementation of his vision for the country.
• External Factors: Global economic downturns, natural disasters, and other unforeseen events can impact the Dominican Republic’s stability and progress. Abinader’s legacy will be judged on his ability to navigate these external challenges and ensure the continued development of the nation.

Hobbies and Interests

Possible Hobbies:

• Reading: Abinader has expressed his passion for reading, particularly books on history, economics, and politics. He has also authored several books himself, demonstrating his interest in writing and intellectual pursuits.
• Sports: While specific sports are not confirmed, Abinader has participated in sporting events like the Presidential Golf Cup and has actively promoted sports as a way to promote health and development.
• Spending time with family: Abinader is known to be a family man and may enjoy spending time with his wife and children, engaging in activities like family outings and celebrations.

Possible Interests:

• Technology and Innovation: Abinader has demonstrated a strong interest in technology and its potential to improve governance and the lives of citizens. He has invested in digital infrastructure and promoted initiatives like e-government and digital literacy.
• Arts and Culture: Abinader has shown appreciation for arts and culture, attending cultural events and supporting initiatives that promote the Dominican Republic’s artistic heritage and traditions.
• Environmental Protection: Abinader has expressed his commitment to environmental sustainability and has implemented policies to address climate change and protect the Dominican Republic’s natural resources.

Personal Beliefs

Possible Personal Beliefs:

Economic:

• Free market capitalism: Abinader’s focus on economic growth, attracting foreign investment, and promoting free trade suggests an adherence to free-market principles.
• Social responsibility of businesses: While advocating for business growth, Abinader has also emphasized the importance of ethical practices and corporate social responsibility, suggesting a balanced approach to economic development.

Social:

• Equality and social justice: Abinader’s support for social programs like “Dominican Republic Cares” and the “Solidarity Plan” demonstrates his commitment to addressing poverty and inequality.
• Education and youth development: Abinader’s investments in education and youth programs suggest a belief in the importance of empowering future generations.
• Family values: Abinader frequently emphasizes his dedication to family, indicating a strong belief in its importance as a social foundation.

Political:

• Democracy and the rule of law: Abinader’s emphasis on transparency, accountability, and combating corruption suggests a strong commitment to democratic principles.
• International cooperation: Abinader’s efforts to strengthen diplomatic ties and engage in global collaborations indicate a belief in the importance of international cooperation for addressing global challenges.

Environmental:

• Sustainability: Abinader’s policies aimed at addressing climate change and protecting natural resources point towards a belief in environmental sustainability.
• Responsible development: Abinader’s focus on balancing economic growth with environmental protection suggests a belief in responsible development practices.

Quotes

“We are committed to creating a more equitable and sustainable economy that benefits all.”

“We believe that economic growth is the best way to reduce poverty and create opportunities for all Dominicans.”

“We believe that international cooperation is essential for addressing global challenges.”

“We are committed to strengthening our ties with other countries and international organizations.”

“We are committed to protecting our natural resources and addressing climate change.”

“We believe that all Dominicans deserve to have access to quality education, healthcare, and other essential services.”

“We are committed to fighting inequality and creating a more just society.”

“We are committed to strengthening democratic institutions and fighting corruption.”

“We believe in democracy and the rule of law as the foundation of our nation.”

“We believe that environmental sustainability is essential for our future.”

Final Thoughts

Luis Abinader, the current president of the Dominican Republic, is a complex and multifaceted figure. Assessing his legacy at this stage is a work in progress, as his presidency is still ongoing. However, based on his current actions, achievements, and challenges, we can draw some preliminary conclusions about his potential impact on the nation.

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