The relationship was discouraged by the Henao family, who considered Escobar socially inferior; the pair eloped. Well, according to Quora, his assets, such as properties and cars, were seized by the Colombian government after his death as at the time, a ‘law of unjust enrichment’ had just been passed allowing seizure of such property. Pablo Escobar with an unidentified bodyguard at a soccer game in Medellin, Colombia, in 1983. Copyright © 2020 InsideHook. Please continue to respect all commenters and create constructive debates. However, that’s a fantasy, people. [70][71][72] The judge ordered the seizing of assets for about $1m each. This coordination was allegedly conducted mainly through the sharing of intelligence to allow Los Pepes to bring down Escobar and his few remaining allies, but there are reports that some individual Search Bloc members directly participated in missions of Los Pepes death squads. In “The Accountant’s Story,” Roberto explains that, unsurprisingly, a lot of Pablo’s money went to public officials. When we left the country after his death, the government kept everything. [61] In her book, Amando a Pablo, odiando a Escobar (Loving Pablo, Hating Escobar), she had accused several politicians, including Colombian presidents Alfonso López Michelsen, Ernesto Samper and Álvaro Uribe of having links to drug cartels. While hiding or destroying the exorbitant amount of money was one issue, the brothers faced another, more elementary problem: neatly organizing the banknotes. He was a natural at public relations, and he worked to create goodwill among the poor of Colombia. Il a utilisé une partie de sa fortune pour construire des quartiers, des écoles et des hôpitaux. The "King of Cocaine" factored in a $2.1 billion loss in profits each month, but that didn't really matter. 10 facts reveal the absurdity of Pablo Escobar's wealth, • How much the best paid workers in 20 professions earn, • Seven outdated men’s style ‘rules’ that you can now ignore, • 16 skills that are hard to learn but will pay off forever, You may not agree with our views, or other users’, but please respond to them respectfully, Swearing, personal abuse, racism, sexism, homophobia and other discriminatory or inciteful language is not acceptable, Do not impersonate other users or reveal private information about third parties, We reserve the right to delete inappropriate posts and ban offending users without notification. Also, the Colombian authorities were not allowed within 3 miles of his prison. In 2009, Roberto Escobar released The Accountant’s Story. CIA treasure hunters are closing in on drug baron Pablo Escobar's missing £50bn fortune after finding one of his smuggling subs. In a statement regarding the topic, the duo stated that Pablo "had committed suicide, he did not get killed. [73], Argentinian filmmaker Nicolas Entel's documentary Sins of My Father (2009) chronicles Marroquín's efforts to seek forgiveness, on behalf of his father, from the sons of Rodrigo Lara, Colombia's justice minister who was assassinated in 1984, as well as from the sons of Luis Carlos Galán, the presidential candidate who was assassinated in 1989. [34][35][27] He worked hard to cultivate his Robin Hood image and frequently distributed money through housing projects and other civic activities, which gained him notable popularity among the locals of the towns that he frequented. "The smell [inside] was astonishing. Marroquín aimed to publish the book in hopes to resolve any inaccuracies regarding his father's excursions during the 1990s. Follow Business Insider UK on Twitter. [20], When questioned about the essence of the cocaine business, Escobar replied with "[the business is] simple: you bribe someone here, you bribe someone there, and you pay a friendly banker to help you bring the money back. And awesome. (AP Photo), Doug Laux and Ben Smith explore one of the many dig sites where they search for Escobar’s Hidden Millions. [84], The National Geographic Channel produced a documentary about them titled Cocaine Hippos. “Simple Sabotage” — The CIA’s Guide for “Rascally Spies”, This Is Who's Favored to Replace Alex Trebek on "Jeopardy! [85] A report published in a Yale student magazine noted that local environmentalists are campaigning to protect the animals, although there is no clear plan for what will happen to them. Pablo Escobar or George HW Bush (2016), by Shaun Attwood, tells Pablo's story as a suspect in the murder of CIA pilot Barry Seal; On 24 January 2018 Netflix released the 68-minute-long documentary, This page was last edited on 9 November 2020, at 23:53. Escobar remained on the Forbes Billionaires List for seven years, appearing for the final time in the July 1993 Billionaires issue. msnback to msn homelatin america. The production process was also altered, with coca from Bolivia and Peru replacing the coca from Colombia, which was beginning to be seen as substandard quality than the coca from the neighboring countries. As for what happened to the money to the rest of his billions? These include making public statements in the press, leaving letters on the graves of his victims and on the 20th anniversary of his death organizing a public memorial for his victims. After Emily Ratajkowski's Allegations, More Women Come Forward About Photographer, The Stew That Will Keep You Warm in the Wilds of Michigan or Anywhere Else, Wyatt Tee Walker Remembers the Last Secrets of Martin Luther King. A lifelong sports fan, he was credited with building football fields and multi-sports courts, as well as sponsoring children's football teams. Money in his international bank accounts is said to have been confiscated and shared between the American and Colombian governments. So, many people think there’s some comprehensive treasure map that could lead them to hordes of his cash. "It was a nine-hundred-mile run from the north coast of Colombia and was simply wide-open. In the mid-1980s, Escobar's cartel … However, this became too expensive, especially after the guards charged their own purchases to the family. [83] Without management the population size is likely to more than double in the next decade. Yet the fact remains: Pablo died way back in 1993. Escobar quickly became known internationally as his drug network gained notoriety; the Medellín Cartel controlled a large portion of the drugs that entered the United States (including Puerto Rico), Mexico, the Dominican Republic, Venezuela, and Spain. The four-bedroom estate, built in 1948 on Biscayne Bay, was seized by the US federal government in the 1980s. The compound, now half-demolished and overtaken by vegetation and wild animals, featured a mansion, apartments, courtyards, a large swimming pool, a helicopter landing pad, reinforced windows, tiled floors, and a large, unfinished building to the side of the mansion.[45]. As head of the Medellin cartel, he and his accomplices were able to bring in ton quantities of cocaine into the United States each week, consequently monopolizing the Miami market. According to journalist Ioan Grillo, the Medellín cartel smuggled most of its cocaine straight over the Florida coast. [40] Her book inspired the movie Loving Pablo (2017). Category Four: Lost assets that happened to get lost in the transition of gaining the money and spending or hiding it. Pablo Escobar is said to be the richest, most powerful drug lord ever to have existed. Or happily racks up losses at casinos before cashing out? His private zoo at Hacienda Nápoles featuring exotic animals to Colombia such as hippos was turned into a theme park. [12] His life has also served as inspiration for or has been dramatized in film, television, and in music. [46] A Colombian electronic surveillance team, led by Brigadier Hugo Martínez,[47] used radio trilateration technology to track his radiotelephone transmissions and found him hiding in Los Olivos, a middle-class barrio in Medellín. His criminal career began in 1975 and the Colombian soon rose to notoriety. "[68] María Victoria Henao de Escobar, with her new identity as María Isabel Santos Caballero, continues to live in Buenos Aires with her son and daughter. In 1976, Escobar founded the Medellín Cartel, which distributed powder cocaine, and established the first smuggling routes into the U.S. Escobar's infiltration into the U.S. created exponential demand for cocaine, and by the 1980s, it was estimated Escobar led monthly shipments of 70 to 80 tons of cocaine into the country from Colombia. Roberto says that Escobar, killed in a shoot-out with troops and US drug enforcement agents in Medellin, Columbia, in December 1993, left fortunes salted away in Swiss bank accounts. Also, there was no huge lump sum that Pablo Escobar saved for his family. Local media were alerted, and after being exposed as Escobar's widow, Henao was imprisoned for eighteen months while her finances were investigated. He was a man who helped the people. Escobar decided to torch $2 million in crisp banknotes to keep her warm. (Although, it turned out Pablo misplaced his trust, seeing as Roberto later became a DEA informant.). 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