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    Boligarchs doing well in Venezuela

    Al Jazeera English

    by Al Jazeera English

    Authorities in Venezuela have arrested four investment broker executives as part of a crackdown on the sector that Hugo Chavez, the president, says is driving up inflation through currency speculation.

    Inflation has become a particular challenge for Chavez who has vowed to lead his country to what he calls '21st century socialism'.

    But despite his policies and views, a new economic class, known as the "boligarchs", have surfaced.

    These are businessmen and government officials who support Chavez's reforms but have also become millionaires during his rule.

    Al Jazeera's Monica Villamizar met one of the country's leading magnates.