Pablo Escobar best fits the description as the king and the godfather of all drug lords in the world and at the time of his death Pablo Escobar net worth was valued at billion dollars making him the richest criminal who ever lived. Supplying nearly 80% of all cocaine that found its way in the united states Pablo used to earn over $21 billion annually rendering him the nickname “King of Cocaine”.
Though killed in his 44th birthday by the Colombian authorities how did Pablo Escobar run such a huge profitable drug cartel that earned him a billion-dollar net worth fortune. Here is the life of one of the wealthiest criminals that ever lived in the world. Let’s find out more about how much is Pablo Escobar’s net worth.
Pablo Emilio Escobar Gaviria is the son of Abel de Jesús Dari Escobar and Hermilda Gaviria who gave birth to him in 1949 in Colombia. He was one of the seven children of the couple.
His education background is not well known though its reported he briefly went to university but dropped out. Pablo career in crime started when he was just a teenager. He could steal gravestones, sell counterfeit university diplomas, steal cars, sell fake lottery tickets, and contraband smuggler.
Pablo has been documented to have two relationships one with the mother of his two kids Maria Victoria Henao and the other woman Griselda Blanco.
Pablo graduated from being a petty criminal who used to kidnap and earn $100,000 to a cocaine distributor. He used to fly planes that smuggled cocaine from Colombia to panama. He had a fleet of more than 20 planes and more than 10 helicopters for the job. He went to drug business because it was untapped territory. each plane per flight would bring home around $500k.
As the demand for cocaine increased in the USA Escobar and co-founder of cartel Carlos Lehder increased his smuggling routes such as Bahamas. Its estimated that around 70 and 80 tons of cocaine were being shipped every month to united states. When he was elected as a member at Chamber of Representatives of Colombia his Medellin cartel increased the distribution to countries such as pain, Mexico, Venezuela and continents such as Asia, and Europe.
Escobar was to be extradited to the united states together with others through a court process and before that would happen the palace of Justice siege conducted by 19th of April movement murdered half of the judges and burn all files.
Escobar was responsible for the killing of so many people and Colombia turned to be worlds murder capital where police and government officials were murdered every day. He was captured imprisoned in a luxurious prison known as La Catedral then shifted after a year to conventional jail where he escaped in 1992.after 16 months of the escape Escobar died in 1993 in a shootout all in a bid to evade being captured by Search Bloc.
Awards & Achievements
Escobar might have been a drug lord and a criminal but to some people in Colombia he was there savior. Pablo used to help the poor of Colombia, he used to build houses for them, build football fields, sponsor children football teams, construct houses for them and even distribute money to them. What Pablo did was just playing Robin Hood.
Net Worth of Pablo Escobar
Pablo Escobar net worth was estimated to be $30 billion. Most of this wealth came from the sale of cocaine. Its reported that his Medellin Cartel used to bring bank around $70 million every day since they could distribute around 15 tons of cocaine in a single day. Medellin Cartel controlled nearly 80% of all cocaine sold out in the world.
People say that crime doesn’t pay but to be honest in this case I beg to differ because it definitely did pay Pablo. Though he died just when he was 44 not many criminals achieve such a great success in the crime career. His net worth figure shows he was the richest criminal that ever lived and also among the richest men that ever lived.