What is Mario Vargas Llosa's net worth? Peruvian Nobel laureate's career earnings explored after his death at 89

Mario Vargas Llosa died on Sunday at the age of 89.

The Peruvian writer was most known for his contributions to Latin American literature, which earned him the Nobel Prize in Literature in 2010. His son, Álvaro Vargas Llosa, confirmed his demise via a statement shared on social media:

"It is with deep sorrow that we announce that our father, Mario Vargas Llosa, passed away peacefully in Lima today, surrounded by his family," the statement signed by Álvaro, Gonzalo, and Morgana, his children, read.

According to Merca 2.0, Llosa had an estimated net worth of $500,000 at the time of his demise. He had an expansive career as a novelist, journalist, political figure, and academic.

Mario Vargas Llosa's life and legacy explored:

The statement further reads as follows:

"His passing will sadden his relatives, friends, and readers around the world, but we hope they may find comfort, as we do, in the fact that he enjoyed a long, diverse, and fruitful life, and leaves behind a body of work that will outlive him. We will proceed in the coming hours and days according to his instructions. There will be no public ceremony. Our mother, our children, and we ourselves trust we will have the space and privacy to say goodbye as a family and in the company of close friends. His remains, as was his will, will be cremated."

At the time of writing, the family has yet to reveal the cause of death.

Vargas Llosa's career spanned 50 years as he penned several prolific works like The Time of the Hero, Conversation in the Cathedral, and The Feast of the Goat. Early in his career, he struck out with his peers for having abandoned the socialist ideas that were popular at the time, while his conservative views were at odds with much of Latin America's leftist intellectual class.

He also ran for president of Peru back in 1990, though his efforts proved futile. At the time, he claimed he wanted to save the country from economic disturbance and Marxist insurgency. Shortly after, he moved to Spain, though he continued to remain influential in Latin America.

Mario Vargas Llosa was born to a middle-class family in Arequipa, Peru, on March 28, 1936. He grew up in Bolivia and Lima, though he later shifted to Madrid. There, he worked for newspapers about ongoing events. In his novels, he would often pen about his own experiences and family life, and would often base his characters on them.

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