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Title: Reputed cartel boss makes Forbes' billionaires list
Source: [None]
URL Source: http://www.chron.com/disp/story.mpl/front/6305970.html
Published: Mar 12, 2009
Author: DANE SCHILLER
Post Date: 2009-03-12 20:32:35 by Horse
Keywords: None
Views: 12

Ranking is another blow to Mexico's image

Warren Buffett. Bill Gates. Joaquin “El Chapo” Guzman?

As if Mexico doesn’t have enough image problems, a reputed drug cartel boss landed on the Forbes magazine list of billionaires. Guzman, whose nickname means shorty, just made the cut, as he was tied for 701st on the list with a fortune estimated to be worth $1 billion.

Guzman, 54, is said to be head of the Mexico-based Sinaloa Cartel.

He follows in the footsteps of Colombian Pablo Escobar, who also made the Forbes list back in his day and was considered the ultimate godfather until he was killed in a shootout in 1993.

Guzman muscling his way into the world’s most elite club likely rubs salt in Mexico’s wounds, as the nation has suffered mightily during a protracted war with the cartels. It also likely further cements his legendary status as the chief of a multibillion dollar underworld empire.

As for Guzman’s legitimate job? The musical group Los Tucanes tells his story: He’s just a corn farmer.


Poster Comment:

Most criminals don't admit to wealth so he probably has a lot more money than the article says.

There are three drug cartels in Mexico. Sinaloa, Tijuana and Gulf. They are at war. Does anyone know who is winning the drug war between the three?

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