When that relationship soured and Pablo's money was frozen, the cartel reportedly put a $1 million contract out on Noriega's life. Nicols Escobar told Colombian media "a . [1] [2] Also, a lot of money went into sustaining this operation. In July 1989, Escobar made the prestigious magazines pages for a third year in a row, ranking No. Pablo Escobar's life has spawned many books, films, and TV shows chronicling his career in cocaine. Earlier, he used to sneak cocaine in old tires of planes and would pay a pilot $500,000 per flight. His name may not be as familiar as some of the others on this list to western readers, but the man known as Khun Sa was at one time known as the "Opium King" of Myanmar. Some reports have had him living in Pakistan, something the Pakistani government denies. The coroner reported that bullets struck Escobar in the right leg and back and, The third [bullet] entered at the center of his right ear and exited just in from of the left ear, passing straight through his brain. Bowden noted the possibility that all three shots hit Escobar simultaneously or the killing shot was administered after Pablo was down.. When he was alive, the drug lord ran one of the most notorious and violent drug cartels in world history, The Medelln Drug Cartel. A nephew of infamous drug lord Pablo Escobar has said he found a plastic bag with money worth $18m (14m) hidden in the wall of one of his uncle's houses. who is richer than pablo escobar. Boyfriend, Net Wo Abel de Jess Dari Escobar, Hermilda Gaviria, El Doctor , El Patrn , Don Pablo , El Seor , The Tzar of the Drugs, Ciudadano Escobar (2004, Documentary),The '80s: The Decade That Made Us (2013), Sins of My Father (2009), The True Story of Killing Pablo (2002), Blow (2001), Mugshots (2000), Drug Wars: The Cocaine Cartel (1992), Underworld Histories (2007), Zero Hour (2004, TV Series), Reputations (1995), CNN Presents (1994). Now, over 100m I dont think anyone has any doubts. There was so much money rolling into his enterprise that figuring out how to invest it was more than he could handle; millions were simply buried. Your analysis seems to assume that he made 100 dollars for every 8 ball, which was not the case. When he was alive, Pablo Escobar ran one of the most infamous and violent drug cartels in history, The Medellin Drug Cartel. Escobar himself already had a net worth of $30 billion and was one of the ten richest people on earth. If he were alive today he might bristle at being characterized as a drug dealer, but many of his bootlegging activities were the equivalent of underground narcotics traffic today. Excellent documentary, that made Scarface look like a Disney movie. However, this became too expensive, especially after the guards charged their own purchases to the family. His wife, Maria Victoria Henao, has an estimated net worth of $30 million. Jose Gonzalo Rodriguez Gacha is perhaps better known by the moniker "El Mexicano." 2. 2005-2023 Wall Street Oasis. Griselda Blanco was worth $2 billion at the peak of her criminal narcotics career, which was infamous enough to earn her the nicknames "the Black Widow," or "La Madrina," and the "Cocaine Godmother." So let's be conservative here and say in 1985 he shipped 600 tons of cocaine to the US. Colombia in popular culture. Video, The past always catches up with you Video, 'How I found out Pablo Escobar was my father', Pablo Escobar museum in Colombia shut down, Man dies after being stuck inside indoor cave, AI chatbots 'may soon be more intelligent than us', Serena Williams announces pregnancy at Met Gala, MP says she has been 'cancelled' over gender views, Photo of Princess Charlotte shared as she turns 8, Government on brink of giving NHS staff 5% pay rise, Food shop costs 'should' fall in few months, I'm confident Sue Gray did not break rules - Starmer. There will be some deaths, he told Liberation. He and his cartel are said to have caused the deaths of thousands of people, including law enforcers, politicians, rivals, and also innocent civilians. The BBC is not responsible for the content of external sites. AI chatbots soon may be more intelligent than us, BP profits of 4bn in three months spark criticism, The 17 most eye-catching looks at the Met Gala, 'My wife and six children joined Kenya starvation cult', On board the worlds last surviving turntable ferry. Pablo is so well known because he was so ruthless, however that power-concentration eagerness was a huge factor in his downfall, as people he started to go after got together and started to act against him and they had the means to do it. At one point it was estimated that 70-80 TONS per month were being shipped to the US alone. Apparently, the Medellin cartel would spend $2,500 on rubber bands alone to hold his money together. He failed in his attempt to bribe the judges in charge of his case and eventually killed the two arresting officers, leading to the dropping of his case. Maria was born in 1961 and was married to Pablo for 17 years. He was forced to resign two years later, and the judge who revealed his background was later murdered. By Aava Khanal November 8, 2021 November 8, 2021. 1987. About 10 percent of the money warehoused was lost every year due to damage by rats. He became a thief and bodyguard in the early 1970s and kidnapped a Medelln manager to earn a quick $100,000. Easy Steps To Select The Best Credit Card For You, Smart Ways To Reduce Your Average Cost Of Car Insurance, 8 Benefits of Insurance You Must Not Ignore, 6 Top Health Insurance Companies In The US, How To Get A Bank Loan: Important Steps To Make You, 3 Tips to Choosing Your Short Term Loan Lender, Reasons You Might Not Be Getting Preapproved for a Mortgage. He made the list of of world's billionaires every year for the next seven years. After the US issued an extradition order, Escobar resisted capture and his gang targeted politicians, the police and journalists. The first drug lord to make Forbes list had, however, become the face of everything wrong with the drug trade, and his so-called Medellin Cartel was immediately identified with narco-trafficking and narco-terrorism. Roberto Escobar actually wrote a book, titled The Accountants Story: Inside the Violent World of the Medellin Cartel, which outlinedall the places Pablos money went during his reign. An inside look at the housing crisis. I prefer to be in the grave in Colombia than in a jail cell in the United States. As author Mark Bowden pointed out in Killing Pablo, the version of Escobar being gunned down while shooting it out with police on a rooftop might be true, but it certainly went against the kingpins character. More seriously, in 1970 Pablo Escobars net worth was boosted after kidnapping a Medellin executive and gaining $100,000 from the ransom. Category Four: Lost assets that happened to get lost in the transition of gaining the money and spending or hiding it. So let's hear estimates from finance experts. With this amount of money attributed to his name and his cartel, he made Forbes' annual list of "World's Richest People" seven years in a row. If one has to carry out total war, we will do it to the end, Escobar warned in an interview with French newspaper Liberation in August. his net worth was estimated to be $3 billion, per Forbes. His empire included an army of soldiers and criminals, a private zoo, mansions, and . Escobar studied at the Unidersidad Autonoma Latinoamericana for a short time but did not finish a degree. At his peak, he was worth some $25 billion. Roberto used to keep track of all the cash made by Pablo Escobar as his accountant. For instance of the ruling families in the middle east have oil pipelines, that is basically theirs. Pablo Escobar liked to flaunt his wealth. Despite these losses, he made Forbes list of international billionaires for seven years straight, and in 1989, Escobar was listed as the seventh-richest man in the world. SB for that post. It was generally understood that he was the principal financier of his countrys football team Medellns Atltico Nacional. Btw lol at the 100m - 100B market, that is one illiquid SOB. Consider, though, that their products are wildly similar. Contents1 Who is the richest [] He was so rich that he once burned $2 million in cash just to stay warm while he was on the run from police. As of March 2023, Sebastian Marroquin has a net worth exceeding $120 million. After the funeral processions were over, the Cali cartel and Los PEPES shook down the Escobar family for what they were worth. This is, of course, subtracting the $2,500 a month the cartel spent on rubber bands to keep their cash bundled together, and the $2.1 billion (roughly 10 percent) lost to hungry rats nibbling on the bills. Pablo spent the equivalent amount for a two-story 4 bed, 3 1/2 bath home. Read about our approach to external linking. Escobars notoriety rocketed to a whole new level when, in 1987, Forbes etched the drug barons name onto a docket normally reserved for the top echelon of wealthy international industrialists and investors the billionaires. Its not clear if Escobar personally reveled in the wide recognition the magazine list gave him. After Escobar's cartel assassinated Luis Carlos Galan, a liberal politician and journalist who had run for president on two occasions and was a major threat to the ongoing drug cartels, the government finally made serious moves to capture Escobar. Pablo Escobar flourished for so long because he bought bribed local police and legal and administrative authorities, which also included getting himself elected to the Chamber of Representatives in 1982. Officials publicly made it very clear there would be no dialogue. To that end, Escobar, aka El Doctor, aka El Padrino, spit verbal venom and sinister warnings. So, many people think theres some comprehensive treasure map that could lead them to hordes of his cash. However, Escobar also profited off of the sales of his competitors. On the other hand, his mother, Hermilda, was employed in the city as an elementary school teacher. Spoilage could include water damage and fires, but more common was starving rats that ate the money thinking it was food. -happypantsmcgee. 3. Escobar surrendered to authorities in 1991. Seeing that he was successful the first time, he started applying the same tactics of either bribing his way out or killing to deal with the authorities. But it was the drug kingpins body that was placed quickly on display like a trophy kill. He himself would fly a plane between Panama and Colombia for smuggling Cocaine to America. WSO depends on everyone being able to pitch in when they know something. However, in 1986 he offered to pay off Columbia's $10 billlion dollar national debt in a political gamble, which leads me to believe his net worth was actually much higher. What Pablo, and most of the other guys you hear of, have is the control over the routes, which is the very profitable part of the chain. Video, On board the worlds last surviving turntable ferry, An inside look at the housing crisis. Then, check out these insane narco instagram photos from Mexicos most feared cartels. During his heyday, he was obviously one of the richest drug lords of all time. He was also credited for funding or establishing football fields, multi-sports courts, and supporting the childrens football teams. His lifelong recreational drug of choice was marijuana. VideoThe world's most endangered jobs. He had successfully won over Medellin citizens by putting on a facade of a "superhero": building sports fields and sponsoring children's football teams, constructing houses and distributing money through civic activities. Escobar was born in Rionegro, Colombia in 1949 and established a drug cartel in Medelln in the 1970s. Curious as to how much that is in today's terms? 4. What else do you think couldve happened to Pablo Escobars money after he died? Pablo Escobars net worth at the time of his death was estimated at $30 billion. He is currently serving a life sentence in a U.S. prison. Published: August 22nd, 2019 - By Christian Cipollini, Contributing Writer, Colombian drug lord Pablo Escobar spent seven years on Forbes list of worlds richest. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Note: Your privacy is important to us, so please know that your information will always remain confidential!
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