Today we are going to talk about World’s most notorious and wealthy drug dealer “The King of Cocaine” Pablo Escobar
Pablo Escobar, popularly known as “The King of Cocaine” was the son of a poor Colombian farmer. He was a Colombian drug lord and narcoterrorist. He was born poor but by the time he was 35, he was one of the world’s wealthiest men. He was responsible for supplying an estimated 80% of the cocaine smuggled into the United States at the height of his career. It added over the US $21.9 billion a year in his personal income. He was the wealthiest criminal in history, with an estimated known net worth of US $30 billion by the early 1990’s (equivalent to about $56 billion as of 2017), making him one of the richest men in the world in his prime.
Escobar made the Forbes’ list of international billionaires for seven years straight, from 1987 until 1993. In 1989, he was listed as the seventh-richest man in the world.
Early Life and Education
Pablo Escobar was born in Rionegro, Colombia and grew up in nearby Medellín. He studied briefly at the University of Medellin but left without a degree. He began to engage in criminal activity that involved selling contraband cigarettes and fake lottery tickets, and he participated in motor vehicle theft also. In the 1970s, he began to work for various contraband smugglers, often kidnapping and holding people for ransom before beginning to distribute powder cocaine himself, as well as establishing the first smuggling routes into the United States in 1975. His infiltration to the drug market of the U.S. expanded exponentially due to the rising demand for cocaine and, by the 1980s, it was estimated that 70 to 80 tons of cocaine were being shipped from Colombia to the U.S. monthly. It is also said that by the end of the 1980s, he supplied 80% of the world’s cocaine. He smuggled about 15 tons of cocaine into the US every day.
In 2007, the journalist Virginia Vallejo published her memoir and described her romantic relationship with Pablo Escobar and the links of her lover with several presidents, Caribbean dictators, and high-profile politicians.
It was March 1976. The 26 years old Pablo Escobar met Maria Victoria Henao, who was 15 at that time. It was love at first sight. They wanted to marry but the relationship was discouraged by the Henao family, who considered Escobar as socially inferior. The pair eloped and get married. They had two children: Juan Pablo (now Sebastián Marroquín) and Manuela.
Maria Victoria Henao (Pablo’s wife)
There is a very interesting story about Pablo Escobar. Once he started a fire with $2 million because his daughter was cold. In a 2009 interview with Don Juan magazine, Escobar’s son, Juan Pablo, 38 according to him, when the family was living in a hideout in the Medellín mountainside when Escobar’s daughter, Manuela, became hypothermic. Escobar decided to torch $2 million in crisp banknotes to keep her warm.
Juan Pablo aka Sebastián Marroquín (Escobar’s son)
Sebastian Marroquin is the son of Pablo Escobar. He was earlier known as Juan Pablo Escobar now resides in California with his family and works as an electrical engineer. Though little is known of his family, Sebastian Marroquin has dedicated most of his life in advocating for a drug-free nation and preaching forgiveness against sins and atrocities committed by his father.
The net worth of Sebastian Marroquin remains unknown. Even though his father was one of the richest people in the world in the 1980s and 1990s, Sebastian has maintained that he never inherited anything from his father.
This might be true given that after the fatal shooting and subsequent death of his father in 1993, the government seized all money and property that belonged to Pablo Escobar.
However, some sources have put Sebastian net worth to be something like $ 30 million. They say this has been earned through his work as an actor, an author and as an electrical engineer. Sebastian Marroquin annual salary has been said to be $4 million from all his work.
Manuela Escobar (Escobar’s daughter)
It is quite hard to know the net worth of Manuela Escobar. Even though her father was one of the richest persons in the world, it is noted that her fathers’ money totaling to over $30 billion was seized by Colombian authorizes leaving almost nothing to the family. Soon after her mother was also arrested and the money that she had also confiscated by the authorities.
Since her father’s death, little is known of her as she has kept silent and maintained her privacy. Even in social media, she has remained inactive and therefore little is known of her.