After he died, Pablo Escobar’s money was difficult to track. In The Accountant's Story, Roberto Escobar discusses how Pablo rose from middle-class simplicity and obscurity to one of the world's wealthiest men. During the 70's 80's and early 90's the Medellin cartel was responsible for up to 80% of the cocaine coming into the U.S. Pablo Escobar controlled the majority of the cocaine in Colombia and built his wealth by flooding the U.S. market with the drug. He turned his notoriety into a form of celebrity. He was a man who helped the people. However, the team's swift decline after Escobar's death results in the murder of star player Andres Escobar. Although the huge amounts of cash were an afterthought, they were key to running Pablo’s business. He is probably the richest and most successful criminal in world history. Following the outline of this Quora contributor, we’re going to divide the assets into categories to make the information easier to understand: 1. No one created a map. The legend of Pablo Escobar's hidden money is a mix between allegations from a former associate and accountant, real evidence that Escobar kept valuables hidden, at … Because of this, they most likely lived on what was left of the Type B and Type C money that they had access to. His lavish lifestyle included private planes, luxurious homes (see below), and over-the-top parties. According to Ati, Pablo’s wealth peaked at 30 billion dollars. 2. And though the Argentinian government initially attacked the Escobars with unfounded charges, they now live pretty quiet lives. Then the government filled the hotel with guards to protect them from Pablo’s enemies. Infamous drug lord Pablo Escobar hid millions – perhaps even billions – of his incredible fortune across Colombia before he was killed in a shoot out … Nicolás Escobar told Colombian media "a vision" indicated where to look for the money in the apartment where he lives in the city of Medellín. A surprising cartel expenditure also comes from their rubber band bill. Share your ideas in the comment section below or tweet us at @entity_mag. Escobar was considered a narcoterrorist and a drug warlord, and headed the much-feared Medellin Cartel. The rise of Colombian soccer is attributed to the influx of drug money into the sport by Pablo Escobar and the other drug cartels. Source: Colombia National Registry) After the US issued an extradition order, Escobar resisted capture and his gang targeted politicians, the police and journalists. The New York Times reports that one controversial campaign Pablo supported belonged to Colombian President, Ernesto Samper. © 2020 BBC. The Cali Cartel was a drug cartel based out of Colombia, and after the fall of Pablo Escobar, controlled 90% of the world cocaine market at the height of its power. But his humble roots made him popular among some Colombians whose support he cultivated by giving out large amounts of cash and investing in poor neighbourhoods in Medellín. Without Pablo and the Medellin cartel to keep them safe, they bought out an entire hotel floor so no one could sneak up on them. Understandable. Ex-members of the Medellin cartel who turned to Cali after Pablo’s death told them where to find a lot of the money. But of course, a man with this much money had to have someone who could keep up with all its movements. Then, of course, the Cali cartel and Los PEPES demanded their own payments for their involvement in taking down the kingpin. That’s no surprise, though, considering his weekly income has reached a whopping $420 million. People who worked for Pablo but didn’t move over to Cali might have also taken a large chunk of category two assets. This is the same man who could easily burn $2 million without blinking to keep his daughter warm, bury tons of cash in the jungle and casually write off 10 percent of all funds due to “spoilage” (aka rats ate it). However, that’s a fantasy, people. To join our community, just fill out the form below. Nicolas Escobar told Colombian media that a … However, only two were privy to his money during his life and after he died: Roberto Escobar and Alba Marina Escobar. Forbes named Escobar … Beginning in 1975, Pablo started developing his cocaine operation, flying out planes several times, mainly between Colombia and Panama, along smuggling routes into the United States. Category One: Liquid assets like cash, cars, houses, clothes, etc. Pablo Escobar, in full Pablo Emilio Escobar Gaviria, (born December 1, 1949, Rionegro, Colombia—died December 2, 1993, Medellín), Colombian criminal who, as head of the Medellín cartel, was arguably the world’s most powerful drug trafficker in the 1980s and early ’90s.. There Will Be a Future 55m. What else do you think could’ve happened to Pablo Escobar’s money after he died? When he later bought fifteen bigger airplanes, including a Learjetand six helicopters, according to his son, a dear friend of Pablo's died during the landing of an airplane, and the … PABLO Escobar's nephew says he has found £14 million in cash stashed in a plastic bag in the basement of one of the kingpin's houses. 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A fascinating man with a legacy people are still talking about until today (check out Narcos on Netflix).But what most people don’t know about Pablo, was that … Pablo Escobar's son Roberto Sendoya Escobar, 54, who grew up in the UK, told GMB he has a 'pretty good idea' of how to solve the series of codes, which lead to … Pablo Emilio Escobar Gaviria (December 1, 1949–December 2, 1993) was a Colombian drug lord.He is known as one of the "World's Greatest Outlaws".Escobar was the hardest cocaine dealer to catch. Pablo Escobar was the boss of the Medellin cartel. As for what happened to the money to the rest of his billions? Since the family was low on funds, Sebastián asked his aunt, Alba Marina Escobar, to go to a secret hiding place that held six million dollars. Also, there was no huge lump sum that Pablo Escobar saved for his family. He also explains in the CNN article that both groups then stole most of the category two assets for themselves. Wonderful. "Every time I sat in the dining room and looked towards the car park, I saw a man entering the place and disappearing," he said. Thank you for subscribing to ENTITY. He kept all the information in his head and relayed the location of the funds to whoever needed to know. In Sebastián’s book, he tells the anecdote of how hard it was to live after Pablo died. It wasn't until Escobar hit his 20s that he was introduced to big-time crime; taking coca, grown mostly in Peru and Bolivia, synthesising it into cocaine, and shipping … But we guess that’s nothing to a man like Pablo Escobar. 3. 5 Instagram Famous Couples Who Are “Cute Relationship Goals”, 19 Dad Rock Songs To Jam To This Father’s Day, 13 of the Best Quotes From Linda Belcher, Super Mom, 7 LGBT Webcomics You Should Add to Your Reading List, From Movies to Mentorship: 5 Lessons From Colin Egglesfield’s Book, “13 Reasons Why” Suicide Scene Removed – Shielding Your Children Is Not the Answer, burn $2 million without blinking to keep his daughter warm, Hating Kim Kardashian For Going To Law School Underscores America’s Problem With Sexism. He built houses, stadiums, schools, hospitals and even paid people’s medical bills. With a reported worth of $25 billion, Escobar had ample money to spend—and he did. Escobar's regular appearance on the Forbes billionaire list denotes an immense accumulation of wealth. Pablo Emilio Escobar Gaviria was born in Rionegro, Colombia, in 1949. 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Apparently, the president would meet with traffickers to shorten their sentences. Escobar made the Forbes' list of international billionaires for seven years straight, from 1987 until … Rumours of Escobar's hidden fortunes have circulated in Medellín since his death, after he spent decades waging war against the Colombian state to prevent his extradition to the United States. Apparently, the Medellin cartel would spend $2,500 on rubber bands alone to hold his money together. Escobar was born in Rionegro, Colombia in 1949 and established a drug cartel in Medellín in the 1970s. At its most active, the gang supplied an estimated 80% of the cocaine smuggled into the United States. By the mid-1980s, Pablo Escobar had an estimated net worth of $30 billion and cash was so prevalent that Escobar purchased a Learjet for the sole purpose of … Until his death on December 2, 1993, Escobar was among the richest people in the world, with a net worth of $30 billion USD, which translates to about $55 billion as of 2016. With this amount of money attributed to his name and his cartel, he made Forbes’ annual list of “World’s Richest People” seven years in a row. .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}Hancock to speak as London tier 3 move expected. Well, except Sabastián. Category Two: Immediate Hidden assets in places that are easily accessible like caves, the jungle, secret compartments of the house, etc. The BBC is not responsible for the content of external sites. He was considered a brutal drug lord who would … 4. Pablo didn’t set aside an inheritance for his son or daughter, that’s why they don’t have their own category. His wealth catapulted him into the Forbes list of global billionaires for seven years. What would you do is you found this money?? Jhon Jairo Velásquez, a former associate of the drug lord Pablo Escobar, after being captured in Medellín, Colombia, in 2018. 5. In 1976, a 27-year-old Pablo Escobar married Maria Victoria Henao Vellejo, who was then just 15. With this amount of money attributed to his name and his cartel, he made Forbes’ annual list of “World’s Richest People” seven years in a row. Maybe it’s all in a ripped plastic bag under pounds of foliage or perhaps it’s stuffed in an abandoned house’s closet. Pablo Escobar’s nephew claims he found $18 million cash in a secret “cove” in the late drug lord’s Colombian home — after a “vision” led him to the loot. Pablo Escobar’s nephew found £14million in a plastic bag hidden in a wall at one of the drug lord’s houses in Colombia. Nicolas Escobar claimed a … A smell 100 times worse than something that had died.". Is the New 007 Keeping Cinema Historically Accurate? Escobar was born in Rionegro, Colombia in 1949 and established a drug cartel in Medellín in the 1970s. Some sources say that he was the second richest criminal ever, after Amado Carrillo Fuentes. It includes Type C money that the government could trace to Pablo or people who were in Pablo’s main team. Hancock to speak as London tier 3 move expected, Fighting the 'stigma' of dementia in Asian families. Which Queen of Halloween Are You Based on Your Zodiac Sign? Pablo spent the equivalent amount for a two-story 4 bed, 3 1/2 bath home. .css-14iz86j-BoldText{font-weight:bold;}A nephew of infamous drug lord Pablo Escobar has said he found a plastic bag with money worth $18m (£14m) hidden in the wall of one of his uncle's houses. Between 1987 and 1993, Forbes featured Escobar on its billionaire list. "The smell [inside] was astonishing. Have you found some juicy information we didn’t? Read about our approach to external linking. In his book titled, “Pablo Escobar: My Father,” Sebastián also revealed that whatever the government didn’t take in liquid assets, the Cali cartel and Los PEPES forced the family to sign over to them. In the late 1980s he reportedly offered to pay off his country’s debt of $10 billion if … In the interview, he said he accompanied his uncle on many occasions, and that he was once kidnapped by individuals looking for Escobar's whereabouts: "I was tortured for seven hours. 7 of 30 While the Escobar family was in hiding, Pablo's daughter, Manuela, got sick. As a youngster, he and his family moved to a suburb of Medellin, and by the time he was in his teens, he was deep into the criminal world, stealing cars and reselling gravestones he pilfered from local cemeteries. At the peak of his career Escobar was said to be the seventh richest person on the planet. Roberto Escobar actually wrote a book, titled “The Accountant’s Story: Inside the Violent World of the Medellin Cartel,” which outlined all the places Pablo’s money went during his reign. In his book, Roberto also explains that millions of dollars would go toward Pablo Escobar’s Robin Hood image. So, of course, he put his brother in charge, someone he trusted. DEA agent Steve Murphy joins the war on drugs in Bogotá. .css-1xgx53b-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-1xgx53b-Link:hover,.css-1xgx53b-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. He said it was not the first time he found money in places where his uncle used to avoid capture, as Escobar reportedly hid millions in properties. However, this became too expensive, especially after the guards charged their own purchases to the family. So, many people think there’s some comprehensive treasure map that could lead them to hordes of his cash. They probably felt like they were owed a severance payment from their late boss. Pablo Escobar was one of the most famous drug lords in history – with plenty of money, power, and drugs to his name. Chilean drug chemist Cockroach brings his product to Colombian smuggler Pablo Escobar. In CNN’s exclusive interview with Pablo’s son, now named Sebastián Marroquín, Sebastián explains that the assets in category one mostly went to the Colombian government. A nephew of infamous drug lord Pablo Escobar has said he found a plastic bag with money worth $18m (£14m) hidden in the wall of one of his uncle's houses. According to XPAT Nation, they lived a middle-class life type in Bueno Aires. Unfortunately, however, she reported that there was hardly any money left when she returned. In “The Accountant’s Story,” Roberto explains that, unsurprisingly, a lot of Pablo’s money went to public officials. (Although, it turned out Pablo misplaced his trust, seeing as Roberto later became a DEA informant.). After he was arrested in 1991, Escobar was housed in a prison of his own design, nicknamed the Cathedral, where he continued to oversee the Medellín Cartel. Who was Pablo Escobar? Farmer finds 600 million dollars buried in drums, which is believed to be part of Pablo Escobar's treasure. Category Four: Lost assets that happened to get lost in the transition of gaining the money and spending or hiding it. The money was in wrapped bundles of $100 bills about an inch thick, each with a … Some believe he was worth around $100 billion U.S and it's also believed that a … Colombian drug lord Pablo Escobar’s widow, her son and a retired Colombian football player were held by Argentine authorities on money laundering charges involving a … (Mug shot of Pablo Escobar taken by the regional Colombian control agency in Medellín in 1977. After the funeral processions were over, the Cali cartel and Los PEPES shook down the Escobar family for what they were worth. Despite a new extradition treaty, the U.S. puts more money into fighting communism, creating new challenges for Murphy and Peña in the hunt for Pablo. During the height of Escobar’s “career,” Forbes listed him in its international billionaires list seven years in a row with an estimated total worth of $8 billion to $30 billion. As part of their agreement with the Medellin’s rival factions, the Escobars moved from country to country. Pablo hid a lot of his cash in jungles or secret compartments. The UK capital is "highly likely" to enter tier three, our health editor says, as cases rise. Note: Your privacy is important to us, so please know that your information will always remain confidential! Who knows. Nicolás Escobar .css-yidnqd-InlineLink:link{color:#3F3F42;}.css-yidnqd-InlineLink:visited{color:#696969;}.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{font-weight:bolder;border-bottom:1px solid #BABABA;-webkit-text-decoration:none;text-decoration:none;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{border-bottom-color:currentcolor;border-bottom-width:2px;color:#B80000;}@supports (text-underline-offset:0.25em){.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{border-bottom:none;-webkit-text-decoration:underline #BABABA;text-decoration:underline #BABABA;-webkit-text-decoration-thickness:1px;text-decoration-thickness:1px;-webkit-text-decoration-skip-ink:none;text-decoration-skip-ink:none;text-underline-offset:0.25em;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{-webkit-text-decoration-color:currentcolor;text-decoration-color:currentcolor;-webkit-text-decoration-thickness:2px;text-decoration-thickness:2px;color:#B80000;}}told Colombian TV channel Red+ Noticias he had also found a typewriter, satellite phones, gold pen, a camera and a film roll yet to be developed. Escobar Inc. is suing Daniel Reitberg, a former chief operating officer of the company, claiming the guy siphoned money out of the Escobars and is now holding their YouTube channel hostage. By providing the information below you will receive early-bird invitations to our events, exclusive musings tailored to your interests, and access to our curated mentorship program. After he died, Pablo Escobar’s money was difficult to track. Trump rejects early White House vaccinations, Tentative progress made as EU hints at concessions, Seeing my family at Christmas 'not worth the risk', Contact tracer: 'People threaten us and block our calls', The 'unsanitised' stories behind pioneering feminists, The surprise Christmas show for an audience of one, Fighting the 'stigma' of dementia in Asian families. He seems to love the limelight and the opportunities that being Pablo Escobar’s son has afforded him. Roberto de Jesús Escobar Gaviria (born January 13, 1947), nicknamed El Osito (Little Bear), is the brother of deceased drug kingpin, Pablo Escobar, and the former accountant and co-founder of the Medellín Cartel, which was responsible for up to 80 percent of the cocaine smuggled into the United States. Pablo Escobar net worth: Pablo Escobar was a Colombian born drug kingpin who had a peak net worth of $30 billion dollars during his lifetime.When he was alive, Pablo Escobar … In all, Escobar is thought to be responsible for some 4,000 deaths. Pablo Emilio Escobar Gaviria, popularly referred to simply as Pablo Escobar, was perhaps the most infamous and powerful drug kingpin in the world until his death in 1993. It either went to bribes or campaign funding out of like interests. Two of my workers were attacked with a chainsaw.". According to Ati , Pablo’s wealth peaked at 30 billion dollars. When you die, you can't take the money with you. 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