Billion Dollar Drug Dealer…NOW THATS A HUSTLER

Ok… If your like me and you have just checked out Forbes annual Billionaire team members, you probably were scratching your head, like mmmmm WTF they got a drug dealer on the list, I simply thought it was a PR move, or a simple mistake, but NO.. this is correct, Joaquin Guzmán Loera is forbes first billionaire drug dealer.

Joaquín Guzmán Loera, (April 4, 1957) also known as Joaquin “El Chapo” Guzmán (“Shorty”), is the head of an international drug trafficking organization referred to as the Sinaloa Cartel, named for the Mexican Pacific Coast state (Sinaloa) where it was initially formed. He became Mexico’s top drug kingpin in 2003 after the arrest of his rival Osiel Cardenas of the Gulf Cartel. During the 1980s, Guzmán was associated with Miguel Ángel Félix Gallardo (known as El Padrino), head of the dominant drug trafficking group in Mexico at that time. After Félix Gallardo’s capture, Guzman left the organization and soon gained notoriety as director of his own criminal enterprise.[4] Guzmán is wanted by the governments of Mexico, U.S.A. and by the INTERPOL;[5] so far he has evaded operations to capture him.

In 2009, Joaquin Guzman was listed at 701 on Forbes’ list of wealthiest people in the world with an estimated net worth of $1 billion

According to Forbes’ Guzman blurb, “Mexican and Colombian drug traffickers brought in $18 billion to $39 billion in wholesale cocaine shipments to the US last year. Guzman’s organization took in, by Forbes’ estimate, 20 percent of that-which makes for $3.6 billion to $7.8 billion in revenues. That’s a good start. But then Forbes punts saying simply that’s “enough for him to have pocketed $1 billion over the course of his career and earn a spot on the billionaire’s list for the first time.”

I don’t normally put drug dealers on this site, but if forbes did it, I guess I had to make an exception.

Wally Richburg