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 veggie
Registered: 07/25/04
Posts: 13,985
Loc: 
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 Mexican drug lord "El Chapo" makes Forbes' billionaire list 
#9955400 - 03/11/09 09:29 PM (3 years, 2 months ago) |
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Fugitive drug lord makes Forbes' billionaire list
March 11, 2009 - Associated Press
MEXICO CITY (AP) — Who says crime doesn't pay? A suspected drug lord who is Mexico's most-wanted fugitive made the Forbes list of billionaires on Wednesday with a fortune described as "self made."
The magazine estimates Joaquin "El Chapo" Guzman's worth at $1 billion — No. 701 on the list, right between a Swiss oil-trading tycoon and a U.S. chemical heir. Dozens of other people were also tied for the spot.
It is unclear what Guzman thinks of the distinction. Forbes senior editor Luisa Kroll notes that "unfortunately ... Guzman could not be reached for comment."
Often described as Mexico's most powerful cartel kingpin, Guzman has been on the run with a $5 million reward on his head since 2001, when he escaped from prison apparently hidden in a laundry truck.
At the time, he was serving more than 20 years for criminal association and bribery. Mexican officials say he leads the Sinaloa drug gang, though Guzman has never been convicted on drug trafficking charges.
The government had no immediate comment on the listing, which includes an old photo of Guzman taken under police custody while wearing rumpled prison clothes unbefitting the world's alleged 701st-richest person.
Guzman, 54, is not the first drug trafficker to make the list; Forbes says Colombian cocaine kingpin Pablo Escobar was once included, before dying in a shootout with the South American nation's security forces in 1993.
"El Chapo," whose nickname refers to his short, stocky build, has been enjoying a bit of notoriety lately. Telemundo, the No. 2 Spanish-language television network in the United States, announced last year that it is working on a new docudrama based on Guzman's life.
Forbes cited estimates that Guzman and his operation likely grossed 20 percent of the $18 billion to $39 billion in drug revenues that Mexican and Colombian traffickers laundered last year — "enough for him to have pocketed $1 billion over his career and earn a spot on the billionaires list for the first time."
That figure, Kroll said, "is a conservative estimate based on the information we have."
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DragonChaser
Ice in Her Ass and Pussy
Registered: 04/27/06
Posts: 6,053
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Re: Mexican drug lord "El Chapo" makes Forbes' billionaire list [Re: veggie]
#9955454 - 03/11/09 09:36 PM (3 years, 2 months ago) |
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Quote:
veggie said:
Often described as Mexico's most powerful cartel kingpin, Guzman has been on the run with a $5 million reward on his head since 2001, when he escaped from prison apparently hidden in a laundry truck.
Guzman, 54, is not the first drug trafficker to make the list; Forbes says Colombian cocaine kingpin Pablo Escobar was once included, before dying in a shootout with the South American nation's security forces in 1993.
I think its hysterical they put a price of 5m on the guys head. Anyone who actually caught him, he could just be like... I'll double your previous offer to let me go.
And Pablo Escobar was ranked the 7th richest man in the world in 1989, with a wealth of 25bn.
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My name is Mud
The OP shall return.
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 Tripp420
What?
Registered: 06/17/08
Posts: 614
Loc: Northern Nevada
Last seen: 4 months, 7 days
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Re: Mexican drug lord "El Chapo" makes Forbes' billionaire list [Re: DragonChaser]
#9955639 - 03/11/09 10:11 PM (3 years, 2 months ago) |
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Quote:
"unfortunately ... Guzman could not be reached for comment."
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marshalldylan1
Stranger
Registered: 11/09/06
Posts: 2,485
Last seen: 1 year, 3 months
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Re: Mexican drug lord "El Chapo" makes Forbes' billionaire list [Re: Tripp420]
#9956027 - 03/11/09 11:34 PM (3 years, 2 months ago) |
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Living in Texas, I've probably done a lot of drugs that he is responsible before.
Hell, I bet like 2,000 of his fortune is from me.
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TODAY
Battletoad
Registered: 09/25/03
Posts: 10,218
Loc: Metropolis City, USA
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Re: Mexican drug lord "El Chapo" makes Forbes' billionaire list [Re: marshalldylan1]
#9959577 - 03/12/09 04:16 PM (3 years, 2 months ago) |
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I've never done any worthwhile mexican drugs. Step it up El Chapo.
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ca'rouse (k-rouz)
intr.v.
To engage in boisterous, drunken merrymaking.
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