Why is Forbes Magazine putting a Mexican drug lord on its billionaire list??

BBC NEWS | Americas | Mexican ‘drug lord’ on rich list.

Forbes magazine’s latest list of the world’s billionaires includes Mexico’s most wanted man – Joaquin Guzman.

The 54-year-old, who is said to be the head of one of Mexico’s most powerful drug cartels, is 701st on the list with an estimated fortune of $1bn (£722m).

Mr Guzman, who escaped from a Mexican prison on 2001, is understood to be at large in Mexico or Central America.

Mexican officials blame much of the recent violence in the north of the country on Mr Guzman.

12 Comments

damianMarch 13th, 2009 at 11:14 am

because Forbes is a lying magazine, this is ridiculous. No one can count a drug dealer’s fortune. If you can, then you know him and you are also involved in crime

IntriguedMarch 13th, 2009 at 12:21 pm

The sad part is that Joaquin Guzman is probably more honest and ruins fewer lives than many of his “respectable” peers on that list. Corporate greed and profiteering ruins as many or more lives than the Mexican drug cartels. Not that I in any way support or approve of drug runners, but they are at least honest about being criminals.

Pam BloomMarch 13th, 2009 at 12:46 pm

This is extremely distasteful to include such a person in “billionaires” – Forbes just placed itself with the likes of gutter magazines such as STAR or National Inquire. No wonder our country is having such problems. People in leadership roles are making some really stupid decisions. The people in charge Forbes are now among the bad decision makers.

ThaddeusMarch 13th, 2009 at 1:17 pm

Forbes is a joke…It just shows that Forbes can’t distinguish between corruption and honesty…anyone with that much money can be on their list regardless of how they made it. So if you’ve made billions from human trafficking you can make Forbes and be applauded for it….sad day for business media in the US.

Vicente Loyola MDMarch 13th, 2009 at 1:50 pm

What does Forbes expect? To have more kids recruited into the drug trade?
Way to go America!

J. HerreraMarch 13th, 2009 at 2:10 pm

Is the crisis now affecting brains?
Few questions:

How did the reporter/chief editor found out about “El Chapo” alleged fortune?

Did they guessed? Did they actually researched? Made contact with him and asked?

By including Guzmán in the list they were at least irresponsible and made me doubt about their professionalism

What if other “Lords” want to be in the list? Would they submit their assets list?

Where are there mobsters from other places like Russia or U.S.?

Also, a fortune of that size would require a big, big laundry operation, meaning corruption both sides of the border and Banks involved (most of the banks operating in Mexico are branches of foreign banks)

Fortune: What was your point?

gabrielaMarch 13th, 2009 at 2:50 pm

Why we never talk about who places the drug orders here in the states, and blame the suppliers? This is an old law: supply will exist according to the demand.

LogicMarch 13th, 2009 at 3:00 pm

So you seriously think that everybody else on that list made it “honestly”?

TonyMarch 13th, 2009 at 3:33 pm

If Americans didnt buy the drugs then people like Joaquin Guzman wouldnt sell them.

Plummer JoeMarch 13th, 2009 at 3:58 pm

Either he’s a billionaire or not. If he is, he belongs on the list. Quit trying to censor the billionaire list. It’s not a list of rich moral people…

adminMarch 13th, 2009 at 5:53 pm

My guess is most of them are crooks

Tigist SiumMarch 11th, 2010 at 6:52 am

I WONDERED WHY AFRICA WAS NOT PUT IN BILLIONAIRES LIST. AFRICA HAS BILLIONAIRES TOO. I ALSO AGREE WEALTH IS NOT THE MEASUREMENT OF ANY ONES MORAL. BUT TO FORGET THE BIGGEST CONTINENT IN THE WORLD THOUGH SHE HAS PEOPLE WHO ARE BILLIONERS IS A BIT PUZZLING FOR ME.

THANKS

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