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Topic: Do you think narcos may actually be on the 10 richest? - page 3. (Read 363 times)

legendary
Activity: 2828
Merit: 1515
Escabar had something like 30 billion dollars attributed to him before he died - and a lot of it was liquid cash.  They're a lot more wealthy than most people would expect and they exist mostly as cash so no one can opine on their true net worth without any significant accuracy. I wondered how the narcos would adopt crypto currency to tuck away their funds, it'd be easy to evade federal law enforcement and launder their money away so I'd assume they'd dabble in whatever crypto they could get their hands on.
legendary
Activity: 2702
Merit: 4002
The people on this list are categorizing their wealth based on the analysis of the stock market, assets, and others, and it may not be accurate, in fact, unlike the United States and some countries, many countries do not have an accurate mechanism to track the wealth of individuals, especially in corrupt regimes that resentment over raw resources that can be managed in a controlled manner. Countries.
There are those who have gold mines, others for oil, and other leaders who have an alliance that may directly or indirectly control wealth higher than the people on this list.

Therefore, the classification of this list is based on those who issued it, but it does not represent the truth.
legendary
Activity: 3234
Merit: 5637
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Narcotics are still sold as they were 30 years ago, only the distribution of the money from the earnings is divided into many more parts than before - so that the drug at the source has become even cheaper, and at the final destination many times more expensive than in the past. The golden age of Escobar and the Medellin cartel has not existed for a long time, and I doubt that drug lords can be measured today in wealth with the people you listed.

The poorest on the top 10 list has Net Worth: $84.5 billion, and I doubt that any of the drug dealers can side with him - and even if he could, we wouldn’t see him on the official list of the world’s richest people because selling narcotics isn’t something to be promoted as a successful business.
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
The world likes lists, it kind of creates a framework for competition to be included. One of those is the list of richest in the world, recently:


Quote
Jeff Bezos
Elon Musk
Bernard Arnault
Bill Gates
Mark Zuckerberg
Warren Buffett
Larry Ellison
Larry Page
Sergey Brin
Mukesh Ambani

https://www.investopedia.com/articles/investing/012715/5-richest-people-world.asp

But now, some unofficial figures for less public people are worth a second thought. For example:

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Dawood Ibrahim
...
He’s evaded arrest for a good part of three decades. After allegedly masterminding a series of explosions in 1993, Mumbai, Dawood Ibrahim went underground and has stayed away from public glare all these years. He started out as a small-time criminal in the ’70s and rose up the ranks till he became one of the richest drug dealers on the planet. While his estimated wealth comes nowhere close to Pablo Escobar’s estimated $25 billion in 1989, Ibrahim continues to remain alive, at large and worth well over $7 billion

25B in 1989 would make Pablo one of the richest persons on earth. By comparison, today's most notorious narcos are not making the cut. It seems like "the business" has become more complicated than before.

https://finance.yahoo.com/news/el-chapo-12-richest-drug-214253459.html


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