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Istvan Tiburc was mentioned by name in the US State Department's Democracy Report

Istvan Tiburc was mentioned by name in the US State Department's Democracy Report

The report specifically details that billions went from one of the richest Hungarians to the prime minister's son-in-law, who is already on Forbes' list of billionaires.

What happened? The US State Department's Bureau of Democracy, Human Rights, and Labor Law also published its country reports in 2024, which also analyze human rights enforcement in the case of Hungary in light of the past year. the meaning to publish He was the first to point out that the portal's review shows that, according to observers from the United States, the situation of democracy and human rights in Hungary has deteriorated in many ways.

Why is this interesting? The US report also addresses topics such as the independence of the judiciary, arbitrary and unlawful interference in private life, and serious restrictions on freedom of expression and media. Censorship was also mentioned, highlighting the story of Beton.Hofi, whose lines criticizing Viktor Orbán were censored in the M2 Petőfi TV concert recording. At the same time, the report also refers to more specific cases and people; For example, they also deal with the case of Shadel-Wöllner. And in the corruption department, they don't miss the number of EU-backed public procurements won by business circles close to the government in recent years, and István Tyborc, the Prime Minister's son-in-law, a successful businessman is included in the list. In the Forbes list of billionaires, he is also mentioned as an example. The report also refers to an investigative article from July 2023, in which billions were transferred from one of the richest Hungarians to the prime minister's son-in-law.

How did we get here? Tiborcz is ranked 27th on the Forbes rich list with a fortune of 75.3 billion Hungarian forints. And over the eleven-year history of Forbes' lists, few people have been able to show an annual increase in their wealth as he did in 2023. We've estimated his own assets before, but based on Forbes' conservative methodology, we corrected current assets by Loans and estimated consideration for acquired companies. The increase is also astonishing year-on-year.

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