You may have seen various drugs mafias in films. However, have you ever wondered why the film industry mainly focuses on these personas? It’s merely because of the desire of today’s youth to indulge in such activities. There’s so much money in this field that you can be a millionaire just within a fortnight (illegally of course).
One such drug lord and narcoterrorist was Pablo Escobar. He was the son of a farmer, but by the time he was 30, he came to be known as “The King of Cocaine” with his annual income touching $21.9 billion, making him the wealthiest criminal in history. Now let’s have a closer look at the net worth of Pablo Escobar in 2018.
Early Life & Biography:
Pablo was born on 1 December 1949 in the Rionegro city of Colombia but grew up in Medellín city. For studies, he went to Universidad Autónoma Latinoamericana, Medellin but dropped out in the middle without receiving any degree and got engaged in criminal activities like the selling of smuggled cigarettes and duplicate lottery tickets. He then expanded his illegal activities and began to kidnap people for ransoms.
Pablo is the third among the seven children of Abel de Jesús Dari Escobar Echeverri (a farmer) and Hemilda de los Dolores Gaviria Berrío (a primary school teacher). In March 1976, he fell in love with a 15-year girl Maria Victoria Henao and subsequently got married. However, Maria’s family stood against this relationship due to the criminal activities of Pablo as a result of which the pair had to elope. Before the death of Pablo on 2nd December 1993, the couple was blessed to have a son named Sebastián Marroquín and a daughter named Manuela.
Pablo began his criminal activities during his teenage only. His initial crimes included small smugglings and thefts but later expanded to kidnapping and collecting ransoms. At the beginning of 1975, he started his international cocaine business especially between Colombia and various cities of the United States. In 1976, he got arrested with some of his men possessing 18 kg of Cocaine.
He initially tried to bribe the judges handling his case, but when failed to do so, he planned the murder of the officers who arrested him and got acquitted. During the height of his power, he used to smuggle around 15 tons of cocaine per day which were worth more than $0.5 billion. In 1991, he surrendered before the Colombian authorities after they offered him a reduced sentence and special treatment in jail.
He continued to manage his business even when he was in the prison which forced the Colombian govt to shift him to another prison. However, Pablo’s sources gave him this information in advance, and so he managed to escape the jail. After 16 months on 2nd December 1993, he got killed in an encounter with the Columbian police.
Net Worth & Earnings:
Pablo’s net worth to be around $3 billion. This made him one of the top billionaires of the world. His total transaction in a day was of more than half a billion dollars. Each month, he was going through a loss of $2.1 billion just because he couldn’t handle all the cash and rats destroyed around 10% of the money. However, he never cared as the loss was like a drop in the ocean. Moreover, he used to spend $2500 just to buy rubber bands to tie the note bundles. His net worth included the luxury estate called “Hacienda Nápoles,” numerous safe houses and islands, 15 bigger airplanes and 6 helicopters.
Like all human beings, Pablo was also a normal child, but as he grew up, the thirst for money and power, and his super brilliant smuggling mind made him the most deadly narcoterrorist of the world. The main pattern of Pablo to deal with authorities was first to bribe them heavily and if not agreed, kill them. He spent a part of his earning on the poor who later started treating him as their god. After his death, these people mourned the incident, and more than 25,000 people attended his funeral.