The Famous Drug Lord Pablo Escobar
Pablo Escobar was a Colombian born drug kingpin who had a peak net worth of $30 billion dollars during his lifetime. When he was alive, Pablo Escobar ran one of the most infamous and violent drug cartels in history, The Medellin Drug Cartel.
Whenever there is a discussion on drug trafficking, the two greatest names come to play. You cannot discuss drug trafficking without making references to the most seasoned drug lords and leaders of various crime syndicates, Pablo_Escobar and El Chapo
The two crime bosses have amassed a great deal of wealth before they were finally grabbed by the authorities. You may be wondering who between the duo is wealthier. Before you can compare their wealth, you need to determine their respective net worth.
Early Life Story
Escobar Gaviria, (born December 1, 1949, Rionegro, Colombiadied December 2, 1993, Medellín), Colombian criminal who, as head of the Medellín cartel, was arguably the world’s most powerful drug trafficker in the 1980s and early 90s.
Soon after his birth, Escobar’s family his father was a farmer and his mother a schoolteacher moved to Envigado, Colombia, a suburb of Medellín. While still a teenager, he began a life of crime.
His early illegal activities included selling fake diplomas, smuggling stereo equipment, and stealing tombstones to resell. Escobar also stole cars, and it was this offense that resulted in his first arrest, in 1974.
As the cocaine industry grew in Colombia—thanks in part to its proximity to Peru, Ecuador, and Bolivia, major growers of coca, from which cocaine is derived—Escobar became involved in drug smuggling.
In the mid-1970s he helped found the crime organization that later became known as the Medellín cartel. His notable partners included the Ochoa brothers: Juan David, Jorge Luis, and Fabio. Escobar served as head of the organization, which focused largely on the production, transport, and sale of cocaine.
By the mid-1980s the Medellín cartel dominated the cocaine trade, with Escobar wielding incredible power and wealth. According to some reports, he was worth approximately $25 billion, which supported a lavish lifestyle that included a 7,000-acre (2,800-hectare) estate called Hacienda Nápoles (named after Naples, Italy) in Colombia.
It reportedly cost $63 million and featured a soccer field, dinosaur statues, artificial lakes, a bullfighting arena, an airstrip, and a tennis court. The property also had a zoo that housed giraffes, hippopotamuses, and camels, among other animals. In addition, Escobar funded various projects to aid the poor, earning him comparisons to Robin Hood.
That perception helped him win election to an alternate seat in the country’s Congress in 1982.
How He Died
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. He and the government negotiated a surrender and a deal to stop all criminal activity in exchange for a reduced sentence. Escobar surrendered to authorities in 1991.
By this point, there was no chance he would be extradited to the U.S. for his crimes as it had been prohibited by the new Colombia Constitution of 1991. Escobar was “jailed” in his own private luxury prison named La Catedral. The space was the height of luxury with a football pitch, a bar, Jacuzzi, and even a waterfall. He continued to run the Medellin Cartel from the inside, which prompted the government to move him to a conventional prison in July 1992.
Pablo quickly escaped and remained on the run from a small army made up of Colombian drug police, DEA agents, and American special forces soldiers. He was shot and killed on the rooftop of an apartment complex in 1993. About 25,000 people made it to his funeral in Medellin, but Escobar’s death was mostly a giant relief to his home country and the world.
Net Worth Of Pablo Escobar
Pablo Escobar was more of a senior in the drug business. He was a former narco-terrorist and leader of the dreaded criminal syndicate, Medellín Cartel.
|Date of Birth:
|Dec 1, 1949 – Dec 2, 1993 (44 years old)
|5 ft 5 in (1.66 m)
Follow us on Facebook