Pablo Escobar was a Colombian drug lord and narcoterrorist who was also the founder and leader of the Medellín Cartel. He is also known to be one of the wealthiest criminals in history with a net worth of about $30 billion. Pablo and his drug cartel were the top traders in the cocaine trade in the United States from the 1980s to the 1990s. Check out what made up Pablo Escobar’s Net Worth, how he used his money and finally died. Keep reading to find out more.
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Who Was Pablo Escobar?
Pablo was born on 1 December 1949 in Rionegro, Columbia to Hermilda Gaviria and Abel de Jesús Dari Escobar. He had other 7 siblings and was the third child born to the family. Pablo’s father was a farmer and his mother worked as a school teacher.
With the quest of becoming a billionaire at the age of 22, Pablo left school at Universidad Autónoma Latinoamericana and began to engage in a lot of criminal activities like kidnapping, selling fake lottery tickets, selling illegal drugs, and others.
How Much Was Pablo Escobar Making A Day?
There was a massive demand for cocaine in the United States. This led Escobar to organize more routes for smuggling shipments and distribution networks in South Florida, California, Puerto Rico, and other parts of the country. He also purchased most of the lands in the Bahamas which he used to store his cocaine. The land he bought included a 1-kilometer (3,300 ft) airstrip, a harbor, a hotel, houses, boats, and aircraft.
Soon, Escobar was making at least US$70 million per day. With this, Pablo was making an estimated income of about $26 billion per annum.
Pablo Escobar’s Net Worth At The Time Of Death
At the time of his death, Pablo had an estimated net worth of about US$30 billion. This was due to the years of drug business he has set across the world and in the United States.
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