The founder and only boss of the Medelln Cartel was Pablo Emilio Escobar Gaviria, a Colombian drug lord, and narcoterrorist who lived from December 1949 until December 1993. Escobar, known as “the king of cocaine,” amassed an estimated net worth of US$30 billion by the time of his death, which is equivalent to $70 billion as of 2022, while his drug cartel controlled the cocaine trade into the United States in the 1980s and early 1990s. Escobar is the wealthiest criminal in history. Pablo Escobar net worth was $30 billion at the time of his death.
Escobar was chosen as an alternate member of the Chamber of Representatives in the 1982 Colombian parliamentary election as a member of the Liberal Alternative movement. By doing this, he was in charge of community initiatives like building homes and football fields, which made him popular with the residents of the communities he frequented.
The Colombian and American governments, who frequently pushed for Escobar’s arrest, nevertheless foiled his political aspirations. Escobar is widely thought to have planned the bombs of the DAS Building and Avianca Flight 203 as payback.
Pablo Escobar net worth was $30 billion at the time of his death.
Pablo Escobar Biography
On December 1, 1949, Pablo Emilio Escobar Gaviria was born in Rionegro, Colombia. Escobar, the third of his family’s seven children, was born to teacher Hilda de Los Dolores Gaviria Berrio and farmer Abel de Jesus Dari Escobar Echeverri. He was raised in Medellin, where it’s believed he began his criminal life as a young man. He is accused of selling fake degrees as well as gravestones to local muggers for resale. Escobar briefly attended Autonoma Latinoamericana University but did not complete his studies there. With his companion Oscar Benel Aguirre, Escobar increased his criminal activity in the early 1970s. They ran little con games and sold illegal goods including bogus lottery tickets and cigarettes. During this time, he received $100,000 for kidnapping and holding a Medellin executive hostage.
| Name | Pablo Escobar |
| Full Name | Pablo Emilio Escobar Gaviria |
| Date Of Birth | 1 December 1949 |
| Place Of Birth | Rionegro, Antioquia Department, Colombia |
| Pablo Escobar Net Worth | $30 Billion |
| Date of Death | 2 December 1993 (Aged 44) |
| Cause of Death | Gunshot wound to the head |
| Resting Place | Monte Sacro Cemetery |
| Spouse | Maria Victoria Henao |
| Children | 2 |
| Last Updated | November 2022 |
Pablo Escobar Physical Appearance
| Height | 5 feet 5 inches |
| Weight | 90 Kg |
| Eyes | Black |
| Hairs | Black |
| Build | Lean |
Pablo Escobar Net Worth
Drug lord and narcoterrorist Pablo Escobar net worth was $30 Billion at the time of his death. Ten accountants were employed by Pablo when his cartel was booming and he was still alive to assist launder hundreds of millions of dollars in illegal funds. According to reports, the rubber bands he used to wrap the money cost him $2500 per month. Each month, that would be enough to purchase 250 000 rubber bands. Pablo allegedly had to write off $500 million in cash year due to rotting because a lot of the money was kept in walls and basements. Water damage and fires are examples of contamination, but famished rats that mistake money for food are more frequent. Pablo even promised to pay up Colombia’s whole $10 billion national debt while he was on the run if the country implemented legislation making extradition unlawful.
Pablo Escobar net worth was $30 billion at the time of his death.
Pablo’s wealth was initially estimated to be over $1 billion by Forbes Magazine in 1987 as part of their initial list of global billionaires. Pablo’s personal earnings up to that point were pegged at $3 billion in that profile. In today’s dollars, after accounting for inflation, that is equivalent to almost $8 billion. Over the following seven years, he consistently made the list of the world’s billionaires.
Early in the 1980s, Pablo paid General Manuel Noriega of Panama an estimated $350 million so that he could hide billions of dollars in the nation’s banks. According to reports, the cartel reportedly put a $1 million contract out on Noriega’s life once that connection ended and Pablo’s funds were frozen. Pablo Escobar net worth thus includes billions of dollars in illegal cash from the drug business that made him the wealthiest criminal in history.
Pablo Escobar Net Worth Growth
| Pablo Escobar Net Worth in 1980 | $10 Million |
| Pablo Escobar Net Worth in 1985 | $10 Billion |
| Pablo Escobar Net Worth in 1990 | $20 Billion |
| Pablo Escobar Net Worth in 1994 | $30 Billion |
Pablo Escobar Drug Business and Crimes
Pablo started the Medellin Cartel, a sizable cocaine enterprise, in 1975. He had approximately twenty aircraft, including a Learjet and six helicopters, which he used to transport drugs across the United States and between Colombia and Panama. Escobar would purchase cocaine paste in Peru, refine it in a lab, and then smuggle it into the tires of aircraft. For smuggling the drugs, a pilot may earn up to $500,000 USD per flight. The Medellin Cartel controlled 80% of the cocaine smuggled into the United States by the middle of the 1980s, making over $420 million per week off of the huge demand for cocaine there. Over 15 tons were smuggled in each day by the Cartel.
Escobar was one of the ten richest persons in the world and already had a net worth of $30 billion. The underprivileged people of Medellin viewed him as a hero at the height of his illicit career, but the U.S. and Colombian governments were now actively looking for him. By portraying himself as a “superhero,” he was able to gain the support of the people of Medellin by constructing houses, supporting youth football teams, and establishing sports grounds. By acting as lookouts and lying to the police, many citizens assisted Pablo in avoiding capture.
Eventually, Pablo’s celebrity led to a reign of terror in his own Colombia. Escobar was elected to Colombia’s Congress in 1982, but he was unable to conceal his incredible fortune or the cause of it. Two years later, he was made to resign, and the judge who had uncovered his past was later assassinated. In his rage toward his political rivals after learning his dream of becoming Colombia’s president would not come true, Pablo Escobar murdered hundreds of politicians, journalists, public officials, and numerous innocent bystanders.
The government launched serious attempts to apprehend Escobar when his gang murdered Luis Carlos Galan, a liberal politician, and writer who had twice run for president and posed a serious threat to the still-active drug cartels. He bargained with the government for surrender and an agreement to quit all illegal activity in return for a lighter sentence. In 1991, Escobar turned himself into the police. By this time, there was little likelihood that he would be extradited to the United States to face justice for his crimes because the 1991 Colombian Constitution forbade it. Escobar was “incarcerated” in La Catedral, his own opulent private prison.
With a Jacuzzi, waterfall, football field, and bar, the area was the height of luxury. In July 1992, the government transferred him to a typical prison because he continued to manage the Medellin Cartel from within. Pablo made a swift getaway and stayed on the run from a tiny army of American special forces soldiers, DEA agents, and Colombian narcotics cops. On the roof of an apartment building, he was shot and died in 1993. Escobar’s funeral was attended by about 25,000 people in Medellin, although his passing was a relief for both his own Colombia and the rest of the world.
Pablo Escobar net worth was $30 billion at the time of his death.
Pablo Escobar Family and Relationships
In March 1976, at the age of 26, Escobar wed Maria Victoria Henao, a 15-year-old. Naturally, her family disapproved of the romance, so the couple eloped covertly. Son Juan Pablo, later known as Sebastian Marroquin, and daughter Manuela were their two offspring. According to reports, Pablo had numerous indiscretions while the couple was still married.
10 Facts about Pablo Escobar
- The founder and only head of the Medelln Cartel was Pablo Emilio Escobar Gaviria, a Colombian drug lord, and narcoterrorist who lived from 1 December 1949 until 2 December 1993.
- He was born in Rionegro, Antioquia Department, Colombia.
- Dubbed “the king of cocaine”, Pablo Escobar is the wealthiest criminal in history.
- Pablo Escobar net worth was $30 billion at the time of his death.
- He started working for different drug smugglers in the early 1970s, frequently kidnapping and holding victims for ransom.
- In the 1980s and the beginning of the 1990s, his drug gang had a monopoly on the importation of cocaine into the US.
- Escobar surrendered in 1991 and was given a five-year prison sentence on a number of charges. However, he made a deal with Colombian President Cesar Gaviria to avoid extradition in exchange for being allowed to serve his sentence in his own, privately constructed prison, La Catedral.
- A day after his 44th birthday, Colombian National Police assassinated Escobar in his hometown in 1993.
- Pablo Escobar was married to Maria Victoria Henao and had 2 children.
- Additionally, a lot of music, film, and television have dramatized or drawn inspiration from his life.
Pablo Escobar net worth was $30 billion at the time of his death.
Frequently Asked Questions about Pablo Escobar
Pablo Escobar was a Columbian-born drug lord and narcoterrorist who rose to fame following the illegal drug business through his MedellÃn Cartel. There are many questions asked about the drug lord. Here are some of the most important and frequently asked questions about Pablo Escobar net worth, career, relationships, and much more.
What is Pablo Escobar net worth?
Pablo Escobar net worth was $30 billion at the time of his death.
What was the age of Pabo Escobar when he died?
Pablo Escobar was 44 years old when he died.
Where was Pablo Escobar born?
Pablo Escobar was born in Rionegro, Antioquia Department, Colombia.
Why was Pablo Escobar famous?
Pablo Escobar was the wealthiest criminal in history specializing in the illegal drug business.
Who was Pablo Escobar married to?
Pablo Escobar was married to Maria Victoria Henao from 1976 till he died.
How many children did Pablo Escobar had?
Pablo Escobar was the father of 2 children.
How did Pablo Escobar die?
Pablo Escobar was killed by Colombian National Police in his hometown.
What was the name of the drug business which Pablo Escobar ran?
Pablo Escobar founded and was the leader of his business MedellÃn Cartel.
When did Pablo Escobar die?
Pablo Escobar died on 2 December 1993.
What was the cause of Pablo Escobar’s death?
Pablo Escobar died due to a gunshot wound to his head.
Conclusion
Pablo Escobar was a Columbian-born drug lord and narcoterrorist who rose to fame following the illegal drug business through his MedellÃn Cartel. Pablo Escobar was 44 years old when he died (1 December 1949 – 2 December 1993), born in Rionegro, Antioquia Department, Colombia. He was the wealthiest criminal in history specializing in the illegal drug business.
Pablo Escobar net worth was $30 billion at the time of his death.
Pablo Escobar net worth was $30 billion at the time of his death. He was killed by the Colombian National Police in his hometown after months of search efforts that cost millions of dollars. Pablo Escobar was married to Maria Victoria Henao from 1976 till he died and has 2 children. His family resides in Argentina.
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