Fugitive drug lord makes Forbes' billionaire list

[ManWhore]

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Fugitive drug lord 'El Chapo' Guzman makes Forbes' billionaire list

MEXICO CITY — 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 US 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."

[joshua259]

datu lagi kaayo pero louy kaayo ang mga lugar sa mexico karon. labi na ang Juarez city. daghan gud kaayo ni close nga negosyo tungod sa drugas. mismo ang government kay dili ka hunong sa drugas.

[pinoyapache]

Yup, grabeh didto. Ila mga protector mga ex-Mexican Special Forces. Patay gyud na ang ilaha didto. Sus, mora na sab ni siya ug Colombia.

[joshua259]

dili gud mura, pareha gud sa columbia ang mexico. ang naka bati lang nila kay greedy kaayo sila dili pareha sa cebu nga mag share2x ra sa lugar ang mga drug lord. mao nang dili kaayo problema sa mga tao ang drugas sa atoa. sa mexico kay problema man sa tanan ang mga drugas didto.

[pinoyapache]

dili gud mura, pareha gud sa columbia ang mexico. ang naka bati lang nila kay greedy kaayo sila dili pareha sa cebu nga mag share2x ra sa lugar ang mga drug lord. mao nang dili kaayo problema sa mga tao ang drugas sa atoa. sa mexico kay problema man sa tanan ang mga drugas didto.

Ang nakaayo sa Colombia kay dunay Cali Cartel. Ang Cali Cartel kay mga low-profile drug lords nya dili mahilig ug flashy clothes and cars ug publicity. Mopatay sila pero hilom. Ang ila kaatbang, ang Medillin Cartel kay mga hambugero kaayo. Ilahang modus kay bombing assassinations ug major profile hits. Ang kaning Juarez ug Sinaloa Cartel sa Mexico parehas ni sila ka salbahis, way pakialam kinsay ilang ligsan basta lang maka-profit silag dagku.

[LytSlpr]

let's remember that the proceeds of drugs particularly cocaine by the Columbian cartels is 3.5 times bigger than the annual federal budget of the United States.

this was the figure a couple of years before. i don't know if this is still the same case now when ecstacy was very popular and crystal meth is conquering the united states by storm regardless of class, age, race or community, suburban or metropolis cities.

[peewee_toot]

kuyawa kha kng ma ing ani ang pinas noh?

[juleskiboi]

it's sad to think that some people gets filthy rich while destroying other people's lives all over the world (drugs and other crimes).

while people who work very hard and honest gets very little...

AND THEY SAY LIFE IS FAIR...

just my two cents

[chaowix]

the only advantage for earning in an honest way is to sleep comfortably ragyd and can go anywhere. They may be filthy rich but they can't go anywhere. 5 million on top of their head! toinks!

[orcgod]

it's sad to think that some people gets filthy rich while destroying other people's lives all over the world (drugs and other crimes).

while people who work very hard and honest gets very little...

AND THEY SAY LIFE IS FAIR...

just my two cents

its not just drugs we're talking about here, even in corporate offices, Unskilled, half-baked, kiss-ass-managers, trying hard to run a very creative, talented team, while earning 10 times the salary.

Getting really filthy rich, bought a sports car, playing golf in the weekends, taking pilot courses, not remmiting SSS, Pag-ibig, and income tax of the rank and file employees.

These types of people are worst than drug-lords.