Drug Kingpin Makes The Forbes Billionaires List

via mogul monolugues

This is crazy, Mexican drug kingpin Joaquin Guzman-Loera, leader of the Sinaloa Cartel made the Forbes Billionaires list, tying at #701 with a net worth of $1Billion. Im kinda surprised that forbes would even feature a drug dealer in their distiguished publication. Check out his profile:

Net Worth:$1.0 bil
Fortune:self made
Source:Drug Trafficking
Age:54
Country Of Citizenship:Mexico
Residence:Sinaloa State
Industry:Shipping
Education:NA,
Marital Status:NA,

Mexico’s most wanted man, “El Chapo”, or Shorty, heads the Sinaloa cartel, one of the biggest suppliers of Cocaine to the U.S. In 1993 was arrested in Mexico on homicide and drug charges. Escaped from federal prison in 2001, reportedly through the laundry, and quickly regained control of his drug trafficking organization, which he still controls today. In 2008 Mexican and Colombian traffickers laundered between $18 billion and $39 billion in proceeds from wholesale shipments to the U.S. Shorty, an alleged tunnels expert, is believed to have directed anywhere from a third to half of that during the past 8 years. Apparently started out working with Miguel Angel Felix Gallardo, “El Padrino”, or the Godfather, head of the most powerful drug trafficking group in Mexico at that time. U.S. government is offering a $5 million reward for his capture.

Source: Forbes.com