Gabriel Boric, the candidate of the left-wing alliance Apruebo Dignidad (I Support Dignity), became Chile's youngest president on Monday after winning the runoff by more than 11 points on Sunday.
After 99.79 percent of the votes were tabulated, the extreme right's looser José Antonio Kast conceded defeat.
Boric, 35, received 55 percent of the vote to 44 percent for José Antonio Kast, the Social Christian Front's candidate.
“I will be the president of all Chileans, of those who voted for me, of those who did not vote,” Boric said during a televised phone call with outgoing President Sebastián Piñera.
Boric was born on February 11, 1986, in Chilean Antarctica's southern city of Punta Arenas, in the Magallanes Region.
He spearheaded the enormous rallies that shook the country in 2011 to demand free and quality education as a leader of the Student Federation of the University of Chile, alongside Camila Vallejo, Giorgio Jackson, and Karol Cariola.
He was a part of the Peace Accord that paved the door for drafting a new constitution to replace the one in effect since 1980 during the 2019 societal outburst against the neoliberal paradigm.
His government plan calls for reforming and strengthening the state, as well as modifying the current pension system to benefit pensioners, hiking taxes on the wealthy, and ensuring universal health coverage.
He also prioritizes regaining employment, particularly for women and young people, forgiving students' school debts, and promoting small and medium-sized businesses.
“I am absolutely clear that stability today implies changes, gradual changes, advancing step by step so as not to get derailed. But what we cannot do is to continue in the same way,” he said.
Presidents from throughout Latin America are congratulating Boric for his victory.
Boric has promised he will be the one to end neoliberalism, which was brought to the world by America to Chile through a puppet brutal dictatorship led by Pinochet.
Boric previously said, "If Chile was the cradle for neoliberalism, it will also be its grave."