Pablo Escobar net worth

Pablo Escobar net worth

Net Worth: $30 Billion

About Pablo Escobar

Pablo Escobar net worth

Pablo Escobar, real name Pablo Emilio Escobar Gaviria, is a Columbian criminal, drug lord, cocaine trafficker and narcoterrorist. In addition to running his illegal drug empire Pablo had a brief career as a politician, but soon decided it will be more efficient to concentrate on running his business and pay others for political favors. According to some estimates, Pablo Escobar net worth currently amounts to $30 billion, making him one of the wealthiest men in the whole world.

Pablo Emilio was born in Rionegro, Columbia, in a seemingly decent family of Abel de Jesús Dari Escobar and Hemilda Gaviria, a mother of seven children. His mother was a teacher at the local school and his father worked in a family’s farm. His filthy career, which eventually boosted Pablo Escobar net worth to billions of dollars, started when he was still a kid.

According to some unverified sources, during this period Pablo and his brothers used to steal gravestones and sell them for smugglers who would later resell them. Pablo’s brother, Roberto, has denied the whole story, claiming that they did not steal anything.

Allegedly, the owners of the graveyard used to sell the monuments of the clients who stopped paying for their relative’s spots. Escobar brothers, on their part, used to sale those stones for their uncle, who had a monument business. You can choose to believe one story or another, but there is no way to find out how exactly Pablo Escobar net worth started to grow.

Pablo Emilio continued his “career” in the streets running various illegal businesses, stealing cars, selling smuggled cigarettes and fake lottery tickets. In 1970 he made a formidable sum from kidnapping Middelin executive. With $100 thousand capital gains from this affair, Pablo Emilio has entered drug business. The story of Pablo’s rise to power was told in detail by his brother Roberto Escobar, who worked as Pablo’s accountant. According to Roberto, during the years when their drug-smuggling business flourished, every day more than 15000 kilos of cocaine used to leave Columbia and move towards the United States.

The income from drug trading was so huge, it was impossible to stack all the money in local banks. Neither was it possible to spend half of it, even if Escobar decided to buy the whole town and the surrounding regions. According to Roberto, the brothers had no other choice but to store the cash in the warehouses, along with the wheat. It’s hard to believe, but Pablo Escobar net worth would be even bigger today, wasn’t it for the rats and moisture. As stated by Roberto, every year around 10% of their profits went to waste, because eaten by those animals.

Now you have an idea why Pablo Escobar net worth is this huge

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