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Mexican Drug Lord Makes Forbes Billionaire List

Guzman controls 20% of all cocaine traffic in Mexico, Colombia

By Jason Farago,  Newser Staff

Posted Mar 13, 2009 7:55 AM CDT

(Newser) – Many of the world's richest people have lost their spots on Forbes' list of billionaires, but there's at least one head-turning new addition: the head of the Sinaloa cartel, currently embroiled in a Mexican drug war that's left 7,000 people dead. Joaquin Guzman, the 5-foot-tall drug trafficker known as "El Chapo" ("The Dwarf"), escaped from a prison in 2001 and remains at large. "He is not available for interviews," a Forbes editor conceded.

Guzman hit $1 billion after a banner year for cocaine trafficking; his operation is estimated to gross 20% of all the drug revenues in Mexico and Colombia. Believed to live in Mexico or Central America, he married an 18-year-old bride in 2007 under fearsome security. Guzman isn't the first trafficker to make the Forbes list; Pablo Escobar was once ranked the 7th richest man in the world before dying in a shootout with the Colombian police.

Drug lord Joaquin Guzman gestures in a 1993 file photo. Guzman was included in Forbes last list of billionaires. The magazine estimates his worth at $1 billion, number 701 on the list.
Drug lord Joaquin Guzman gestures in a 1993 file photo. Guzman was included in Forbes last list of billionaires. The magazine estimates his worth at $1 billion, number 701 on the list.   (AP Photo/Damian Dovarganes)
This undated image released by Mexico's Attorney General's Office on May 31, 1993, shows Drug lord Joaquin Guzman Loera, alias El Chapo Guzman at an undisclosed location.
This undated image released by Mexico's Attorney General's Office on May 31, 1993, shows Drug lord Joaquin Guzman Loera, alias "El Chapo Guzman" at an undisclosed location.   (AP Photo/Procuraduria General de la Republica)
Joaquin Guzman has made a fortune off cocaine.
Joaquin Guzman has made a fortune off cocaine.   (Flickr)
U.S. dollar bills, sized by the Mexican Army during an operation, are displayed for the media in Tijuana, Mexico, Tuesday, Jan. 13, 2009.
U.S. dollar bills, sized by the Mexican Army during an operation, are displayed for the media in Tijuana, Mexico, Tuesday, Jan. 13, 2009.   (AP Photo/Guillermo Arias)
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COMMENTS
Showing 2 of 2 comments
PhillytoWinnetka
Mar 13, 2009 4:08 AM CDT
Based on your comment...I nominate you for the top spot on the World's Most Idiotic list.
professortech
Mar 13, 2009 2:23 AM CDT
So is it surprising to have a drug baron in the ranks of the robber barons? ;-)

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