Pablo Escobar Net Worth
Pablo Escobar net worth: 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 of of the most infamous and violent drug cartels in history, The Medellin Drug Cartel. At the peak of its power, the Medellin cartel distributed 80% of the world's cocaine market. Along the way, Pablo and his cartel was responsible for thousands, possible even tens of thousands, of murders. Many of these murders were innocent civilians.
Pablo's time on earth was literally a reign of terror for his home country of Colombia. He was eventually imprisoned, but continued to run the Medellin Cartel from inside. Using his connections, he escaped in 1992, and remained on the run until he was shot and killed on the rooftop of an apartment complex in 1993. By that time, Pablo was being hunted by a small army made up of Colombian drug police, DEA agents and American special forces soldiers.
When Pablo was alive and his cartel was thriving, he employed ten accountants to help launder hundreds of millions of dollars in illicit currency. He reportedly spent $2500 a month just on rubber bands to wrap all the money. That's enough to buy 250,000 rubber bands every month. Because much of the money was being stored in basements and walls, Pablo was supposedly forced to write off $500 million in cash every year due to spoilage. Spoilage could include water damage and fires, but more common was starving rats that ate the money thinking it was food. At one point while Pablo was on the run, he offered to payoff Colombia's entire national debt, totaling more than $10 billion, if they passed a law to make extradition illegal.
|Net Worth:||$30 Billion|
|Date of Birth:||Dec 1, 1949 - Dec 2, 1993 (44 years old)|
|Height:||5 ft 5 in (1.66 m)|