Drug Lord Joaquín Guzmán Loera on Forbes’ List of Billionaires

March 13th, 2009 - 12:11 am ICT by GD  

Forbes’s list of the richest people in the world now has a fugitive Mexican drug lord, Joaquín Guzmán Loera, also known as “Shorty”. He heads the infamous Sinaloa Cartel.

Mexico’s Most Wanted man Shorty escaped from prison in 2001 in a laundry cart just before he was going to be extradited to the United States. The US government subsequently put a $5 million dollar reward on his head, which now seems like pocket change to the drug tycoon. According to Forbes, his net worth now stands approximately at $1 billion dollars.

Violence erupted in Mexico recently over drug wars concerning strategic routes to enter the United States. Joaquín Guzmán Loera is reported to have been behind a number of killings over the routes. The Sinaloa Cartel is feared for using fatal forces against any threat that faces his business of “shipping” which is what Forbes has listed as Shorty’s occupation on its lists.

Mexico was in the middle of a good deal of media attention as violence broke out on the streets of Ciudad Juarez and a number of other border towns. There have been reports that now the Mexican drug lords have found ways to enter cities like Atlanta and Houston in the US.

Joaquín Guzmán Loera is now at number 701 on the Forbes’ list of Billionaires of the World and the inroad to investing in cocaine, meth, heroin and marijuana made to seem like the easiest way to enter the hallowed lists.

Meanwhile, V. Anisimova, the metal tycoon and father of Anna Anisimova, who is dubbed the Paris Hilton of Russia, lost his place in the list and slipped to being just a millionaire according to Forbes.

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