Pablo "King Of Cocaine" Escobar Was Absurdly Wealthy
Pablo Escobar was the wealthiest criminal in history, but the term wealthy barely covers it. Escobar, known as the "King of Cocaine," had an estimated net worth of $30 billion for heading up the infamous Medellín Cartel. At the height of the cartel's sales, it supplied up to 90% of all cocaine in the United States, and as much as 80% of the total global cocaine supply. That's a lot of drugs, but it's even more profit. At their peak, Escobar and his cartel made $60 million per day by smuggling cocaine into the United States from Colombia.
Escobar had more money than he knew what to do with, and he was making it too quickly to launder. Just to keep it all straight, he expensed $2,500 per month on rubber bands to bundle his cash. But where to put those bundles was another problem. Escobar stored his excessive amounts of money in dilapidated warehouses, fields, and in the walls of houses. He even estimated he lost $2.1 billion every year due to water damage, rats eating the cash, and simply forgetting where money was stored. Find out more about Escobar's overwhelming wealth below.
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