Tag: wealth

Pablo Escobar Net Worth

Pablo Emilio Escobar Gaviria has at least 8 other names including Don Pablo and El Patron. These days he’s best known as simply Pablo Escobar. Escobar passed away in 1993, but during his life he was one of the most feared men in the world. At the height of his career as the head of the Medellin Cartel, Escobar smuggled nearly 80% of all “imported” cocaine in the United States. The life of crime paid quite well, and at the time of his death Escobar was worth upwards of $30 billion.

Like most criminals, Escobar started small. After dropping out of university, he began selling contraband cigarettes and fake lottery tickets. He was fairly successful and the money seemed to come easy. When he turned 20, he started to engage in more serious criminal activity, including smuggling and kidnapping.

By 25 he was already smuggling cocaine into the United States as part of a solo operation. He started growing his network by getting others into his group. In five years, it’s estimated that Escobar (along with his cartel) smuggled more than 70 tons of cocaine from Columbia to the US.

Over the next few years his cartel became one of the most prominent in Columbia, and Escobar was in the center of it all. The Medellin Cartel established routes all over the world, and some believe that Escobar’s cocaine was also being sold in Asia.

During the time the operation was making close to $22 billion every year – which comes out to more than $70 million per day. To put that number into perspective, Escobar had to spend close to $1000 a week on rubber bands to hold his stacks of cash. Since cartels don’t use banks for obvious reasons, the money was piling up. Apparently close to 10% had to be written off because rats would eat through some of it.

Pablo-Escobar

Unfortunately for Pablo, his life of crime eventually caught up to him and he was shot and killed by the police. Before his death, though – the 44 year old lived a life of pure luxury. At least before he had to go on the run from the police.

In 1978 he purchased and rebuilt a 7.7 square mile estate about 100 miles east of Medellin. The estate was named Hacienda Napoles, and it quickly became infamous in colombia. This property is unlike anything that you’ve ever seen before (or likely to see again).

The property somewhat resembled Jurassic Park, mainly because Escobar commissioned statues of dinosaurs and other animals to be erected all over the estate. He also built an actual zoo – complete with elephants, rhinos, hippos, giraffes, and pretty much everything else you’d expect from a zoo.

Since the estate was seized after Escobar’s death, it was turned into a theme park that attracts more than 50,000 visitors every year.

Escobar also had a thing for cars, but his collection was unlike any other. What made his collection so unique wasn’t the rarity of his cars, but their absurdity. With a net worth like his, Escobar could afford any car on the market, but he chose to collect rusty, beat up, not operational vehicles instead.

It’s hard to say why he had such a fascination with rusty cars, but he owned at least a few dozen of them. Reportedly he had a 1930’s Cadillac that he thought looked a lot like Al Capone’s. He decided to make it look more “authentic” by strafing it with gunfire for that “gangster” look.

Relaying Escobar’s lifestyle is impossible, because it’s hard for the average person to imagine what $30 billion can actually buy. Here’s an anecdote to put his wealth into perspective – In a 2009 interview, Escobar’s son recalled that at one point during their hiding, his baby sister was getting cold. Don Pablo’s response? Torching about $2 million in crisp hundred dollar bills to keep her warm.

About the Author: Michael Morgan

My name is Michael Morgan and I love to write about the lifestyles of the rich and famous. I enjoy blogging and researching in my spare time. Thanks for reading and check back soon for more articles!

Ciara Net Worth

Ciara Princess Wilson, known worldwide as simply Ciara, is a popular singer and songwriter. Although she’s best known for her music career, Ciara has also dabbled in other aspects of the entertainment industry. For starters, she’s had a brief acting career, produced a few records, danced, and walked the runways as an IMG model. The entertainer got her first taste of fame in 2004 with the release of her triple platinum studio album, Goodies. Since then, her career has been on a steady upward trajectory and today the 30 year old is already worth more than $20 million.

While growing up, Ciara and her family moved all over the world as her father was an active member of the military. On one hand, this was a great opportunity to travel and see the world, but on the other, Ciara was unable to form any long lasting friendships – mainly because, as soon as the family would settle down they would have to pack up and move once again.

They finally settled down for good in Atlanta, Georgia when Ciara was still in her early teens. In Atlanta, she quickly made some new friends and eventually formed an all-girl group (Hearsay) with two of them. The group recorded a few demos, but eventually split up due to difference in opinion (bet those girls are really regretting that decision right about now).

Despite the setback, Ciara managed to come out on top. She was more motivated than ever to reach her ultimate goal of becoming a published musician, and in 2002 her dream finally became a reality. She was offered her first record deal, and the rest is history. Since then, the grammy winning musician released 6 studio albums, and starred in 3 movies.

As you can tell, she’s still quite young and the peak of her career is (hopefully) well ahead of her. In the meantime, she’s living the high life with her new husband Russell Wilson – the Seattle Seahawks quarterback. Needless to say, Wilson is also incredibly well off, considering that he is currently the second highest paid player in the NFL. In 2015 he signed a four year contract, which will net him nearly $90 million.

Ciara

Recently, the couple dropped close to $7 million on a lakefront mansion in Washington, DC. The 7-bedroom, 7-bathroom house spans over 10,750 square feet and includes pretty much everything that any other “stupid rich” mansion would. Think spiralling staircases, chandeliers, thousand bottle wine cellars, movie theaters, etc.

The property also houses a dock, just in case the lovebirds decide to purchase a yacht in the future. Best of all, virtually all rooms in the house allow for a panoramic view of the Ocean. Oh, and Bill Gates lives just a few houses down.

In their garage you can find a $200,000 Bentley Continental GT V8, and a sporty Lamborghini Gallardo convertible. Being a singer and a socialite, Ciara is usually spotted rocking designer brands like Fendi and Jimmy Choo.

There’s no denying that she’s financially set for life (barring any irresponsible financial decisions), but she doesn’t shy away from sharing her wealth with the less fortunate. In fact, she was donating to nearly a dozen charities long before she and Wilson got hitched.

To this day, though – the couple supports at least 12 nonprofits including City Harvest, Aid Still Required, American Heart Association, and Best Buddies International. She also recently tagged along with Russell, who makes weekly visits to the Seattle Children’s Hospital. Together, the couple also does a fair bit of volunteer work, so it’s fair to say that the multimillionaire duo isn’t taking their financial position for granted.

About the Author: Michael Morgan

My name is Michael Morgan and I love to write about the lifestyles of the rich and famous. I enjoy blogging and researching in my spare time. Thanks for reading and check back soon for more articles!

George Lucas Net Worth

When it comes to Hollywood, George Lucas is a name that commands respect. Over the course of his 50 year career, the filmmaker and entrepreneur has been behind some of the biggest blockbuster hits in history. He’s best known as the creator of the Star Wars franchise, which has been praised by critics and beloved by millions of fans worldwide. Lucas has an undeniable talent for the craft, and his financial success has been further proof of that. According to latest estimates, Lucas has a net worth of approximately $4.5 billion.

Today, “George Lucas” is nearly synonymous with filmmaking, but the creator’s first real passion was actually for motor racing. As a teen, Lucas spent a lot of his time on underground circuits, and spent most of his (then limited) money on upgrading his car.

He first recognized his passion for filmmaking in college when he began shooting with an 8mm camera. Being a race enthusiast, Lucas initially focused on filming motor racing events, but quickly started to explore other avenues of film. After receiving his bachelor degree, Lucas re-enrolled as a film production student.

His work quickly received recognition from the university, and Lucas was awarded a scholarship from Warner Bros. After getting his degree, the filmmaker co-founded American Zoetrope and set his sights on the big screen. The company released their first project a year later, which unfortunately didn’t do that well.

Far from being discouraged, Lucas decided to split and start his own company. Lucasfilm, Ltd., was born in 1971 and just two years later the studio put out American Graffiti, which made more than $140 million in the box office. This was a big win for Lucas, and his name was starting to get the recognition that he deserved.

Five years later Lucasfilm released Star Wars, which quickly became one of the highest-grossing films of all time. Luckily, Lucas was smart enough to negotiate for ownership of licensing and merchandising rights. Over the years, Lucasfilm has earned hundreds of millions of dollars from the sale of licensed Star Wars merchandise.

George-Lucas

Although he’s written and directed a number of other successful movies (like the Indiana Jones franchise), much of his wealth comes from the success of Star Wars. The remainder can be attributed to the sale of Lucasfilm to Disney – a deal that net George Lucas an impressive $4.05 billion.

Today, the 72 year old is enjoying the fruits of his labour. He spends the majority of his time on his $20 million oceanfront property. The California mansion sits on 1.7 acres of prime real estate and features countless luxe amenities.

As impressive as his California estate may be, his $100 million ranch is a little bit more so. Dubbed the “Skywalker ranch,” the property spans over 4,700 acres of lush greenery. The ranch includes numerous vineyards, a few swimming pools, a fire station, a fitness center, a 1000 book library, a lake, a garden, and a home theater.

Lucas’ “home theater,” consists of more than 300 seats and multiple screening rooms. Also on the property is a Lucas owned restaurant that prepares fresh meals for visitors. In his garage you can find a Ferrari F360, a Fiat Bianchina, and a Mosler MT900s.

While Lucas certainly leads a lavish lifestyle, he joined Warren Buffett’s Giving Pledge in 2010. For those not in the know – the pledge asks billionaires to donate the vast majority of their wealth to charity.

On top of giving away most of his money after his death, Lucas is doing quite a bit while he’s still with us. In 2015 he proposed a low-income housing project, that will be completed in 2019. He is financing the entire operation from his own pocket. As if all of that wasn’t enough, Lucas has also set up a nonprofit that funds and encourages innovation in public schools.

About the Author: Michael Morgan

My name is Michael Morgan and I love to write about the lifestyles of the rich and famous. I enjoy blogging and researching in my spare time. Thanks for reading and check back soon for more articles!

France’s 8 Richest Billionaires

1. Liliane Bettencourt and Family $37.9 Billion

20minutes.fr

20minutes.fr

Liliane Bettencourt is a French businesswoman, socialite, French heiress, and philanthropist. Bettencourt is one of the richest woman of the world, having the wealth of US $ 37.9 billions. She is one of the majority shareholders of Loreal and Nestle, which she got from her father’s cosmetic empire.

Liliane Bettencourt was born in Paris. She was the only child of Louise Madeleine Berthe and Eugene Schueller. Her mother died when she was only 5 years old, thereby forming a strong bond with his father. Her father was later on married to Liliane’s British governess. When she was about 15 years, she joined her father’s company as an apprentice. Her task was to label shampoo bottles and mix cosmetics. This resulted in giving her an insight into the ways of business at a young age.

In 1950, Liliane Bettencourt was married to a French politician Andre Bettencourt, who was the cabinet minister in the French government of the 1960s and 1970s. Later on, he became the deputy chairman of Loreal. In 1957, Liliane Bettencourt inherited the shares of Loreal, when her father died. Further, the property of her father went to public in 1973, and in 1974 she exchanged half of her shares for a 3% share in Nestle with the fear that her father’s company may get nationalized.

Bettencourt and her husband found the ‘Foundation Schueller-Bettencourt’ that supports cultural, medical, and humanitarian ventures. Although Bettencourt did not like public appearances and media attention, yet she had become the part of various controversies and notorious headlines. Liliane Bettencourt also became the victim of a Ponzi scheme by Bernard Madoff wherein she lost 22 million pounds.

Despite of the alleged charges and political charges, Liliane Bettencourt is the famous role model for young entrepreneurs. She is placed on the 15th number in the Forbes list.

About the Author: Michael Morgan

My name is Michael Morgan and I love to write about the lifestyles of the rich and famous. I enjoy blogging and researching in my spare time. Thanks for reading and check back soon for more articles!