At the peak of his power, infamous Medellín cartel boss Pablo Escobar brought in an estimated $420 million a week in revenue, easily making him one of the wealthiest drug lords in history. Escobar, known as the "king of cocaine," saw his wealth grow so
immense that he stashed piles of cash in Colombian farming fields,
dilapidated warehouses, and in the walls of cartel members' homes, according to Roberto Escobar, the cartel's chief accountant and the kingpin's brother, in his book, "The Accountant's Story: Inside the violent world of the Medellín cartel." "Pablo was earning so much that each
year we would write off 10% of the money because the rats would eat it
in storage or it would be damaged by water or lost," Escobar wrote. That would be about $2.1 billion, given how much money he was reportedly making...more
Issues of concern to people who live in the west: property rights, water rights, endangered species, livestock grazing, energy production, wilderness and western agriculture. Plus a few items on western history, western literature and the sport of rodeo... Frank DuBois served as the NM Secretary of Agriculture from 1988 to 2003. DuBois is a former legislative assistant to a U.S. Senator, a Deputy Assistant Secretary of Interior, and is the founder of the DuBois Rodeo Scholarship.
Monday, September 14, 2015
Legendary drug lord Pablo Escobar lost $2.1 billion in cash each year — and it didn't matter
Labels:
Border,
war on drugs
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