In 1987, his net worth was estimated at $3 billiona value that calculates to more than $6.6 billion today. In characterizing the rise of Colombias new trafficantes, Hanley compared and contrasted the phenomenon to Americas previous underworld monarchy the Mafia and Charles Lucky Luciano. I think 50-100b is an accurate range. It was generally understood that he was the principal financier of his countrys football team Medellns Atltico Nacional. "By some estimates, Pablo Escobar enjoyed an ROI of as much as 20,000%. (Although, it turned out Pablo misplaced his trust, seeing as Roberto later became a DEA informant.). With this amount of money attributed to his name and his cartel, he made Forbes annual list ofWorlds Richest People seven years in a row. Ok, now there will not be an agreement here but to me: in 1987 he had been trafficking for a while, by 1991 he was on the run. Between 1978 and 1982, this location remained the main route for the Medelln Cartels smuggling activities. Apparently, the Medellin cartel would spend $2,500 on rubber bands alone to hold his money together. He was also accused of being responsible for the bombings at the Avianca Flight 203 and at the DAS Building in Bogota. The more drugs you are able to wholesale, the more money you will make assuming you don't get caught by the DEA or gunned down by a rival cartel. In 1978, he was elected as a substitute city council member in Medelln. He was considered to be the most powerful and wealthiest person in the history of drug trafficking. Published: August 22nd, 2019 - By Christian Cipollini, Contributing Writer, Colombian drug lord Pablo Escobar spent seven years on Forbes list of worlds richest. Pablo Escobar Net Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki 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.. But who are the richest drug lords in history? After the funeral processions were over, the Cali cartel and Los PEPES shook down the Escobar family for what they were worth. After the US issued an extradition order, Escobar resisted capture and his gang targeted politicians, the police and journalists. According to Ati, Pablos wealth peaked at 30 billion dollars. He was known for his brutal tactics, including ordering the killing of hundreds of police officers, politicians, and judges who stood in his way. In The Accountants Story, Roberto explains that, unsurprisingly, a lot of Pablos money went to public officials. In 1975, after he returned from Ecuador to Medelln with a heavy load, Escobar was arrested along with his gang, and 39 pounds of white paste was discovered in their possession.
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