Rafael Caro Quintero’s Net Worth: Let’s Dig Into Quintero’s Lavish Life!

rafael caro quintero net worth

Rafael Caro Quintero, a drug lord from Mexico, was born on October 24, 1952. He co-founded the Guadalajara Cartel, which has since crumbled, alongside Miguel ngel Félix Gallardo and other drug dealers in the late 1970s. He founded the newly established Caborca Cartel, which is centered in Sonora and is thought to be its current boss. He is the sibling of Miguel Caro Quintero, a fellow drug dealer who founded and oversaw the defunct Sonora Cartel.

Caro Quintero established the Guadalajara Cartel in the 1970s and collaborated with Gallardo, Ernesto Fonseca Carrillo, and Pedro Avilés Pérez to transport significant amounts of marijuana from Mexico to the United States.

In 1985, he was responsible for the abduction of Enrique “Kiki” Camarena of the Drug Enforcement Administration (DEA), as well as Camarena’s pilot Alfredo Zavala Avelar, American author John Clay Walker, and dental student Alberto Radelat.

Caro Quintero fled to Costa Rica after the killings, but he was ultimately apprehended and brought back to Mexico, where he was given a 40-year murder sentence. The Tijuana, Sinaloa, and Juárez cartels all absorbed the leaders of the Guadalajara Cartel after his capture, and the Guadalajara Cartel itself crumbled.

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Caro Quintero Rafael: Who Is He?

rafael caro quintero net worth

Caro rose to prominence in the 1980s and is credited with helping to form the Guadalajara Cartel, one of the biggest drug cartels in Latin America. According to reports, Caro was significant methamphetamine, heroin, cocaine, and marijuana trafficker during his tenure.

Enrique “Kiki” Camarena, a U.S. Drug Enforcement Administration agent, was abducted and killed by Caro in 1985. In 1984, Kiki raided a marijuana farm spanning 2,500 acres. After that, Caro’s goons kidnapped him, and the drug lord savagely killed him.

Quintero was detained and sentenced to 40 years in prison following this incident. On March 9, 1985, Caro Quintero and his group of colleagues left Mexico with Sara Cristina Coso Gaona

After US officials claimed that Caro Quintero continued to be involved in the drug trade and added his wife to their list of drug traffickers, Diana Espinoza Salazar was listed as one of the FBI’s Top Ten Most Wanted Fugitives. She is 51 years old and was born on July 17, 1970.

Mexican drug lord Rafael Caro Quintero (born October 24, 1952) co-founded the Guadalajara Cartel alongside him and is currently 69 years old with a $650 million net worth. He was the oldest of the twelve children born to Emilio Caro Payan and Hermelinda Quintero.

Children: Roxana Elizabeth Caro Elenes, Mario Yibrán, and Héctor Rafael Caro Elenes Henoch Emilio Caro Elenes, Caro Elenes

Quintero’s Arrest

Rafael’s arrest was captured on camera, and Mexican marines have made it public. He was wearing jeans, a wet blue shirt, and a baggy khaki jacket, and was seen being held in both arms by men with assault rifles.

In Sinaloa, he was located by a police search dog. 14 individuals were killed after a Navy Blackhawk helicopter carrying 15 personnel crashed, according to a navy statement. The term “accident” is used to describe this.

rafael caro quintero net worth

The experienced drug lord’s extradition has long been sought by the US. In March 2021, he lost his final appeal to the US. Caro is no longer involved in the drug trade. However, his arrest is quite important. He will be detained in Altiplano until extradition.

Rafael Caro Quintero’s Net Worth: How Much Money Did He Earn?

The drug lord built a thriving empire that earned him a spot in Forbes, a renowned American business publication recognized for its lists and rankings, which include those of the richest individuals in the world.

Rafael Caro Quintero’s net worth is projected to be $650 million in 2022 by monyinc.com. Around eight years ago, Caro Quintero allegedly ordered Camarena’s abduction in retaliation for a 1984 raid on the 540 hectares (1,344 acres) “Rancho Buffalo” (Buffalo Ranch) marijuana plantation in the northern Mexican state of Chihuahua.

Camarena, a DEA undercover agent who had infiltrated the Guadalajara Cartel, gave information that allowed the Mexican military to take the ranch. The raid, which yielded the greatest marijuana seizure in history (2,500–6,000 tonnes), cost Caro Quintero between $3.2 billion and $8 billion in today’s money, according to The Wall Street Journal.

Rafael Caro Quintero was regarded as being so affluent that the wildly improbable (and probably untrue) allegation that Caro Quintero promised to pay off Mexico’s $80 billion foreign debt in exchange for his freedom was extensively published in the Mexican news.

Caro Quintero was a flashy criminal who personified the corruption that permeated the Mexican political system when he was apprehended in Costa Rica in 1985. He had fled Mexico after allegedly paying $300,000 in bribes to corrupt police officials there.

A witness testified in a 1997 trial in California involving two defendants connected to the Camarena case that he and several other men once spent four to five weeks counting $400 million in U.S. currency that was allegedly the Guadalajara Cartel’s contribution to the payoff of a high-ranking government official

rafael caro quintero net worth

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His drug assets, which included 36 houses and more than 300 enterprises in Guadalajara alone, were not seized by the Mexican authorities after his arrest and ended up in the possession of his ex-wife and kids.

The Treasury Department claimed in June of last year that Caro Quintero utilized family members while he was imprisoned to invest his riches in purportedly legal businesses and construction ventures in Guadalajara.

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Mary

I'm a researcher and behavioural therapist with a PhD in Social Media. I also love to travel and drink coffee. Follow my adventures around the world, or just know that I really need to be back at the library.