Billionaire Mexico Kingpin Guzman Called The ‘World’s Most Powerful Drug Trafficker’

· January 13, 2012

MEXICO CITY — The U.S. Treasury Department called Mexican drug lord Joaquin “El Chapo” Guzman “the world’s most powerful drug trafficker” on Tuesday.

The fugitive Sinaloa cartel leader also got a boost from Mexican actress Kate Del Castillo, who said she believed in Guzman more than in the government.

It was the latest in an odd series of accolades for Guzman, who was included this year on the Forbes list of the world’s richest people, with an estimated fortune of $1 billion.

The U.S. Embassy in Mexico City issued a statement saying three of Guzman’s alleged associates had been hit with sanctions under the drug Kingpin Act, which prohibits people in the U.S. from conducting businesses with them and freezes their U.S. assets. The two Mexican men and a Colombian allegedly aided Guzman’s trafficking operations.

The statement quoted Adam J. Szubin, director of the Treasury Department’s Office of Foreign Assets Control, as saying the move “marks the fourth time in the past year that OFAC has targeted and exposed the support structures of the organization led by Chapo Guzman, the world’s most powerful drug trafficker.”

Guzman, who escaped from a Mexican prison in 2001 in a laundry truck and has a $7 million bounty on his head, has long been recognized as Mexico’s most powerful drug capo. Authorities say his Sinaloa cartel has recently been expanding abroad, building international operations in Central and South America and the Pacific. Read More MSN

How could they measure his worth if they can’t even find him? Sounds like he stopped paying the appropriate people.

 
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Discussion13 Comments

  1. Moor says:

    You right Hahz or they just don’t need him anymore. It’s all lies anyway. The Bush regime had to bebthe largest drug smugglers in world history, not some black or Hispanic despite what the media says.

  2. williedynamite says:

    Yeah, he’s been the ‘most powerful’ kingpin for a very long time now

    He runs all this shyt

  3. seattleslim says:

    I bet he’s worth more than 1 billion

  4. MrMark says:

    Basically…The U.S. Gov is most likely going to go to mexico and try take this guy money….meaning..they dont like to see no one with big money they can’t touch….Im just saying….why is it their concern whats going on in mexico or any other country?….We got real issues going on in our own country to worry about….never make someone else or country problems yours……

  5. Downbydariver says:

    Yea buddy wuz memphis kingpin Craig Petties plug…nigga hid Craig for over 5yrs when the feds wuz on his azz…

  6. Deedog says:

    El chapo $$$$$$$$$$$$$$$$$

  7. Deedog says:

    El chapo$$$$$$$$$$$$$$$$$

  8. bj says:

    U don’t become a kingpin without powerful people backing u.
    I mean escaped from jail in a laundry truck? Forbes
    estimating his net worth is a joke in its self. Truth is, dude was
    created, not self-made. Illegal drugs is a multi billion
    dollar business and American government profits off his success.
    It’s like Scarface said, ” You need people like me!”

  9. Tony Money says:

    he is self-made u think people just gave him drugs and respect he had to earn that shit or he would have been dead a long time ago. he probably the most dangerous man in the world with all that power, that nigga got the mexican army behind him. probably worth more like 10 billion.

  10. chief says:

    biggest drug pin in the us was ronald reagan alot of people got rich in the 80s

    • MoorFedayeen says:

      Exactly. Sr Bush, head of the CIA. Bush Jr, president during the Afghanistan assault. A sharp spike was seen in the production of opium a plant outlawed by the taliban. What more you want?

  11. Tip CHOP $hape says:

    @ seattle (sarcastically) “Hence forth tha term…BILLIONAIRE!!” Hahz, I thought tha Pharmaceutical Co. that makes “VIAGRA” WAS THE MOST POWERFUL DRUG TRAFFICERS! LMAO

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