How Much Is El Chapo Really Worth
- Kyle Edwards
- Feb 7, 2019
- 2 min read
Updated: Apr 26, 2019
El Chapo's money takes front stage during trial: find out how much he's worth.
. Joaquin “El Chapo” Guzman is the alleged former boss of one of the largest and most violent drug cartels. . An explosive allegation from the trial called into question the drug kingpin’s wealth. . El Chapo’s net worth is hard to define, but Forbes estimated his fortune at $1 billion in 2009. Notorious drug lord Joaquin “El Chapo” Guzman made a career out of artfully dodging authorities until his capture and U.S. extradition from Mexico in 2017. The alleged former boss of the Sinaloa cartel, El Chapo is currently on trial in Brooklyn, N.Y., for 17 criminal counts, including narcotics trafficking, conspiracy to commit murder, money laundering that totaled into the billions and weapons offenses. A striking new development in the case, which began in November 2018, was discovered last week from the testimony of Alex Cifuentes Villa, a former lieutenant in the Mexican Sinaloa cartel. Villa named Enrique Peña Nieto, the former president of Mexico, as taking a $100 million bribe in exchange for calling off the nationwide El Chapo manhunt in 2012. The startling allegation resulted in Francisco Guzman, Peña Nieto’s former chief of staff, denying the claim on Twitter, and he called the accusation false and defamatory. Here’s a look at El Chapo’s history and net worth as this case continues to reveal new information. Birthdate: Dec. 25, 1954 or April 4, 1957 (Officials have released conflicting birth dates.) Net worth: $1 billion, as of 2009 Primary sources of income: Alleged former boss of Sinaloa cartel
El Chapo’s Net Worth: $1B
The massive dollar amount of the alleged bribe brings up El Chapo’s net worth. In 2009, Forbes estimated his fortune at $1 billion — an amount high enough to earn El Chapo a spot on its billionaires list. However, a fortune built on decades of brutality and nefarious and murderous behavior isn’t exactly above board or easily audited. With just a third-grade education, El Chapo rose to infamy from a low-level teenage drug dealer to become the kingpin of the Sinaloa cartel, which is described by the U.S. Justice Department as “one of the world’s most prolific, violent and powerful drug cartels.”
El Chapo’s Extravagant Lifestyle and Family
Details surrounding El Chapo’s personal life are just as elusive as his personal wealth, but what were just speculative rumors about his lifestyle are now crystallizing through trial testimony and evidence. El Chapo’s extravagance extended to a yacht, several properties with one mansion having a private zoo on top of the structure, a diamond-encrusted, monogrammed pistol and a gold-plated AK-47. It’s believed that El Chapo has been married three times and sired around 12 or 13 children. It’s reported that El Chapo is set to take the stand in the coming weeks. Source: https://www.aol.com
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