pablo escobar fortune
In 1991, Escobar surrendered to authorities, and was sentenced to five years' imprisonment on a host of charges, but struck a deal of no extradition with Colombian President Cesar Gaviria, with the ability of being housed in his own, self-built prison, La Catedral. 2. His criminal career began in 1975 and the Colombian soon rose to notoriety. He was nicknamed "Robin Hood" after handing out cash to the poor, building housing for the homeless, constructing 70 community soccer fields, and building a zoo. [20] He is known to have had a bank deposit of COL 100 million (more than US$3 million), when he turned 26.[21]. A surprising cartel expenditure also comes from their rubber band bill. [78], After Escobar's death, the ranch, zoo and citadel at Hacienda Nápoles were given by the government to low-income families under a law called Extinción de Dominio (Domain Extinction). The book provides a firsthand insight into details of his father's life and describes the fundamentally disintegrating effect of his death upon the family. Enormous sums, the locations of which Roberto has not revealed, remain buried in or near other properties owned by Escobar in Colombia and other countries, including Mexico. Beginning in 1975, Pablo started developing his cocaine operation, flying out planes several times, mainly between Colombia and Panama, along smuggling routes into the United States. La Catedral was equipped with a soccer field, barbecue pit, and patios and it was nearby another compound he built for his family. Members of the Cali Cartel even replayed their recordings of her conversations with Pablo for their wives to demonstrate how a woman should behave. Henao even successfully negotiated for her son's life by personally guaranteeing he would not seek revenge against the cartel or participate in the drug trade. This article is about the Colombian drug lord. "One day ( Forbes ), they just decided to include my father on that list and the only thing that caused was to create immeasurable damage to my family. It is also believed that members of the Cali Cartel, which succeeded the Medellin cartel, forced Pablo Escobar’s family to sign over properties. Escobar's immense wealth became problematic when he couldn't launder his cash quickly enough. The luxury house he created contained a zoo, a lake, a sculpture garden, a private bullring, and other diversions for his family and the cartel. Roberto Escobar also claimed that, in addition to using planes, his brother employed two small submarines to transport the enormous loads. Did the Hubble capture images of a pyramid on the moon, The strange and creepy internet mystery of Alex from Tennessee, Index of The Worlds Unexplained Mysteries. Is Pablo Escobar family still rich? His private zoo at Hacienda Nápoles featuring exotic animals to Colombia such as hippos was turned into a theme park. Finally, if Roberto’s account of ten percent of the cash being destroyed annually is correct, it’s possible millions and millions in hidden assets have been simply lost. Apparently, the Medellin cartel would spend $2,500 on rubber bands alone to hold his money together. Copyright © 2020 InsideHook. [66] Living under her assumed name, Henao became a successful real estate entrepreneur until one of her business associates discovered her true identity, and Henao absconded with her earnings. How much did Pablo Escobar make a day? After the funeral processions were over, the Cali cartel and Los PEPES shook down the Escobar family for what they were worth. However, this became too expensive, especially after the guards charged their own purchases to the family. [36] This increased murder rate was fueled by Escobar's giving money to his hitmen as a reward for killing police officers, over 600 of whom died as a result. It is alleged that Escobar backed the 1985 storming of the Colombian Supreme Court by left-wing guerrillas from the 19th of April Movement, also known as M-19. Read the original article on Business Insider UK. So, of course, he put his brother in charge, someone he trusted. [81][82] As of early 2014, 40 hippos have been reported to exist in Puerto Triunfo, Antioquia, from the original four belonging to Escobar. It either went to bribes or campaign funding out of like interests.
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