El Chapo is a Mexican drug kingpin who formerly held the top position in the drug trade. He was recently included in Forbes’ list of the world’s most powerful people, shortly after his second escape from Mexico’s most secure prison. ..
The drug lord, Joaquin “El Chapo” Guzman, was convicted of a variety of crimes in February 2012, including narcotics conspiracy and money laundering. He was ordered to forfeit $12.6 billion following his conviction.
Who Is El Chapo
El Chapo is a Mexican drug lord who helped bring the drug trade into the international mainstream by bringing massive amounts of drugs into the United States and lacing them with violence. ..
El Chapo is a Mexican drug lord who is known for his insensitivity to the families and friends of those he has killed, rather than for his wholesale bloodshed. El Chapo’s notoriety has made him a worldwide brand. He became synonymous with Mexican drug trafficking and drug lord stereotypes.
In the 1980s, Guzmán oversaw logistics for the Guadalajara and Sinaloa cartels. He shipped both heroin and cocaine produced in Colombian and shipped to Mexico. El Chapo became a pro at planning trains, trucks, boats, and airplanes to transport drugs into the US and Europe. Guzmán took charge when the cartel’s top figures were captured.
In 1993, Mexican drug lord Joaquín “El Chapo” Guzmán was detained in Guatemala and given a 20-year prison term. In 2001, he managed to escape after bribing multiple security officers. For ten years, he evaded American law enforcement’s efforts to capture him. In 2014, he was finally apprehended in Mexico and again broke out of prison in July 2015. He was finally apprehended in January 2016 and is currently awaiting trial. ..
How Did El Chapo Make His Money
El Chapo is a powerful drug trafficker who has made a lot of money by running a large operation. The Mexican government estimates that El Chapo has been responsible for roughly 40% of all illegal drugs that enter the United States.
The Mexican drug cartel, known as the Sinaloa Cartel, has been using a variety of methods to smuggle drugs into the United States. These include fishing boats, submarines, carbon fiber aircraft, trains with hidden compartments, and even global underground tunnels. Following their entry into the country, the drugs are sent to wholesalers in states like New York, Miami, Atlanta, Chicago, Arizona, and Los Angeles. El Chapo Guzman used the profits from his illegal drug trafficking business to expand his reach into legitimate businesses in Mexico. These include reloadable debit cards, hacking into US-based insurance companies, cash smuggling from the US to Mexico and several front companies including a juice company and a fish flour company. ..
The Mexican drug lord known as El Chapo was recently captured by Mexican authorities. He is one of the most notorious drug lords in history, and his capture has raised questions about the extent to which corruption and collusion between government officials and organized crime have helped fuel Mexico’s drug trade. El Chapo was captured by Mexican authorities on January 8th, 2017. He is one of the most notorious drug lords in history, and his capture has raised questions about the extent to which corruption and collusion between government officials and organized crime have helped fuel Mexico’s drug trade. El Chapo was able to amass a fortune through extortion, bribery, and other forms of criminal activity. After laundering his profits, he used them to purchase real estate, mining rights, and fast food franchises. He also paid off public officials in order to protect his interests and those of the Sinaloa Cartel - an organization that depended on a massive network of dishonest government personnel and authorities for its survival. ..
Highlights of El Chapo’s Wealth
El Chapo began his career as a low-paid smuggler, earning only $2 per day. However, he quickly rose through the ranks, becoming one of the most powerful men in Mexico. He was paid a pitiful $2 per day, and even less for his dangerous work inside the country’s jails and prisons.
In 1992, El Chapo became the first drug lord to break the $1 million net wealth barrier. ..
In 2005, Mexican drug lord El Chapo had a net worth of $1 billion.
At the time of his arrest, El Chapo had a net worth of $19 billion.
After his imprisonment, El Chapo divided his riches equally among his children. ..
Conclusion
El Chapo is a very wealthy man. He has constructed one of the largest empires in history, even though he is now in custody. This indicates that El Chapo’s net worth will not experience a decline very soon. El Chapo has created a variety of methods for money laundering. El Chapo favors a shotgun strategy and employs every trick in the book to spread out law enforcement’s resources as thinly as they can.
