At the height of its power, the Medellín cartel dominated the cocaine trade, earning an estimated $420 million a week and making its leader one of the wealthiest people in the world.
With a reported worth of $25 billion, Escobar had ample money to spend—and he did. His lavish lifestyle included private planes, luxurious homes (see below), and over-the-top parties.
In the late 1980s, he reportedly offered to pay off his country’s debt of $10 billion if he would be exempt from any extradition treaty.
In addition, while his family was on the run in 1992–93, Escobar reportedly burned $2 million in order to keep his daughter warm. Despite his best efforts, however, even Escobar couldn’t spend all that money, and much of it was stored in warehouses and fields.
According to his brother, about 10%, or $2.1 billion, was written off annually—eaten by rats or destroyed by the elements. In some cases, it was simply lost.
How much did Pablo Escobar burn for his daughter?
In addition, while his family was on the run in 1992–93, Escobar reportedly burned $2 million in order to keep his daughter warm.
Source: Ghanafuo.com
