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Joaquín Guzmán Loera Net Worth, Crimes, Biography & More

Former Mexican drug lord Joaquin “El Chapo” Guzmán had a peak net worth of $1 billion. The former leader of the Sinaloa Drug Cartel is Guzmán. During his rule, he was in charge of a colossal scale of drug trafficking between Mexico and the United States. El Chapo, who frequently used tunnels and hid drugs in cans or fire extinguishers, was the largest cocaine smuggler operating between Colombia and the United States at the height of his influence. In addition, he smuggled copious amounts of heroin, meth, and marijuana.

Guzmán oversaw logistics for the Guadalajara and Sinaloa cartels throughout the 1980s. Colombian drug producers produced and shipped heroin and cocaine to Mexico. El Chapo developed into a pro at planning trains, trucks, boats, and aeroplanes to transport drugs into the US and Europe. Guzmán took charge after the cartel’s top figures were captured. The cartel started producing meth in Mexico in the late 80s and early 90s.

El Chapo was detained in Guatemala in 1993 and given a 20-year prison term in Mexico. In 2001, he managed to escape after successfully bribing several security officers. Guzmán evaded capture for more than ten years even though American law enforcement had placed a $5 million bounty on his head. After being finally apprehended in 2014, he again broke out of prison in July 2015 and continued to flee before being apprehended in January 2016.

Joaquín Guzmán Loera Age: 65 years

Joaquín Guzmán Loera Height: 1.68 m

Joaquín Guzmán Loera Net Worth: $1 billion

Joaquín Guzmán Loera Wife: Emma Coronel Aispuro (m. 2007)

Joaquín Guzmán Loera Full Name: Joaquín Archivaldo Guzmán Loera

Joaquín Guzmán Loera Early Life

On April 4, 1957, Joaquin “El Chapo” Guzmán Loera was born in La Tuna, Badiraguato Municipality, Sinaloa, Mexico. Armida, Bernarda, Aureliano, Miguel Angel, Miguel, Emilio, and Arturo were Guzmán’s younger siblings. His parents were Mara and Emilio, a cattle rancher. Additionally, Joaquin had three older brothers who died when he was a young child. Guzmán quit school in the third grade to work for his abusive father, who beat him frequently.

Joaquin started growing marijuana plants at the age of 15 and, like many people in his rural town, grew small amounts of opium poppy and marijuana to make a little extra cash. Joaquin moved in with his grandfather after Emilio forcibly removed him from the family’s residence.

Guzmán, who is 5 foot 6 inches tall, picked up the moniker “El Chapo” (which translates to “Shorty”) as a teenager. With the aid of his uncle, drug lord Pedro Avilés Pérez, Guzmán left Badiraguato in his 20s and joined organised crime.

Joaquín Guzmán Loera Drug Business

Joaquin transported and oversaw drug shipments from the Sierra Madre region to locations close to the U.S.-Mexico border while working for drug lord Héctor “El Güero” Palma in the 1970s. El Chapo frequently used force in his business dealings, shooting the smuggler in the head when shipments were late. In the early 1980s, he started working as Félix Gallardo’s chauffeur before being promoted to head of logistics. The territories of the cartel were divided after Félix was captured in 1989 for the murder of a DEA agent, and Guzmán along with Palma and Ismael “El Mayo” Zambada became one of its leaders.

U.S. authorities became aware of Joaquin in 1987, and he was later charged in Arizona with shipping 4,700 kg of cocaine and 2,000 kg of marijuana between fall 1987 and spring 1990, according to an indictment. Juan Jess Posadas Ocampo, the cardinal and archbishop of Guadalajara, was shot fourteen times by gunmen from the Tijuana Cartel as they attempted to kill El Chapo during the Sinaloa Cartel’s feud with the Tijuana Cartel from 1989 to 1993. Despite hiding out in several different cities, Joaquin was finally apprehended in Guatemala on June 9, 1993, after the Mexican government launched an operation to apprehend everyone involved in the shooting that killed Cardinal Posadas Ocampo.

Joaquín Guzmán Loera Arrests, Escapes, and Prosecution

Guzmán was sentenced to 20 years, nine months in prison after being found guilty of drug trafficking, bribery, and criminal association. Early on in his sentence, he was housed at Federal Social Readaptation Center No. 1, but in late 1995, he was moved to Federal Center for Social Rehabilitation No. 2. Nearly 80 people are said to have helped Joaquin escape from prison in January 2001 after he bought off some guards and hid in a laundry cart.

Authorities searched for El Chapo for 13 years before apprehending him in February 2014 at a hotel in Mazatlán, Mexico. He was brought to Federal Social Readaptation Center No. 1, where he was held in isolation for 23 hours every day. In July 2015, Guzmán made another prison break, this time using a tunnel in the bathroom. In January 2016, the Federal Police detained him in a stolen car. Following a tip that dozens of hit men were headed to free El Chapo, the police took him to a motel to await reinforcements before turning him over to the Marines.

In January 2017, Joaquin was returned to Federal Social Readaptation Center No. 1 before being extradited to the United States, where he was sought after in a number of states. Guzmán was found guilty in July 2019 of a number of crimes in the United States, including kidnapping, murder, money laundering, and drug trafficking. He was given a life sentence plus 30 years in prison.

Joaquín Guzmán Loera Real Estate

After Guzmán’s arrest, the Mexican government seized six homes, and in November 2019, they auctioned off three of them. The homes sold for $107,530, $64,589, and $55,725 when they had hoped to sell each one for $1 million or more.

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