Willie Falcon Net Worth - One Of The Cocaine Cowboys
Willie Falcon is an American businessman who is also a speedboat racer, a drug dealer, a web character, and a public figure. When he was arrested in 1991 for selling 70 tonnes of cocaine, he became well-known all over the country. Because of these reasons, a lot of people are wondering about Willie Falcon net worth.
Willie Falcon has started a number of administration firms. He also works for a private construction company. He has won high-speed car races, which is one thing he has done. Aside from his close friend Sal Magluta, Falcon is also very interested in medicine.
|Birthday||September 1, 1955|
|Net worth||$1 million|
COPYRIGHT_PNW: Published on https://purenetworth.com/willie-falcon-net-worth/ by James K. on 2022-12-08T10:59:44.187Z
Willie Falcon came into the world on September 1, 1955. Augusto Willie Falcon is his real name. Willie Falcon grew up in Cuba with his brother Gustavo Falcon and his family. His relationship with his mother, whom he loves, is much stronger.
After going to a private school in Cuba, he went to Miami Senior High College to finish high school. After he quit high school, he worked with his best friend Sal Magluta to make money.
They started making extra money by selling drugs while they were still in school. When school was over, they all left at once.
Falcon and Sal Magluta helped start the construction business. He is also in charge of the business of administration. These businesses were made so that black money could be kept safe. He also took part in many races for speedboats.
Most of the time, he came in second in group races, but he won a lot with Magluta.n Willie dropped out of college so he could work in the drug business. He started dealing marijuana with his best friend Sal Magluta, but once he had more experience, he switched to cocaine.
Together, they work in almost all of Florida. Falcon tries to talk to the shopper about a deal. He gets a lot of offers because of how interesting he is and how he talks to people.
After the sale was over, Magluta talked about how the objects were bought and advertised. He also figured out what the risks were. They got medicines for the country right away from the Medellin cartel. During the 1970s and 1980s, they built the world's biggest cocaine business.
People in Miami have always said that Willie Falcon is someone who knows his way around the streets. So, he used what he had and took care of all the early business until the money came into play.
At first, he and his friend were just two small drug dealers who wanted money and power. Even though Sal wasn't sure, Willie agreed to trade 30 kilograms of pure cocaine when the chance came up.
Willie used everything he had to sell the white powder and make money. So, he hired Sal, who was good at coming up with ideas for growth. Soon, they had the chance to work with the Columbian Cartels. After that, their group began making thousands of dollars every day.
They were taking a risk by storing such a huge amount. So, they started putting the money they made from speed boat racing into businesses like real estate. Willie also put some of the money in bank accounts that were not in the United States.
Even though it's not clear how much money Willie has made by smuggling drugs. But in 1991, federal agents took away everything he owned. It was also found out that he put family members on the board of his business. The federal government took some of his properties and sold them. Let's say Willie had a lot of losses.
Willie Falcon pleaded guilty to drug smuggling in 2003 and got 20 years in prison. He was released in June 2017, but instead of going back to his home country, he was sent to the Dominican Republic.
We don't know for sure how much he is worth, but it is thought that he may be able to live comfortably for the rest of his life and may have a net worth of more than $1 million.
Magluta was given 205 years in a federal prison in the end. He was sent to the supermax federal prison in Florence, Colorado, at first. Magluta was later defended by Paul Petruzzi and Richard Klugh. They asked for a new trial, saying that the first one had broken over 40 laws.
The U.S. Drug Enforcement Administration says that Joaqun "El Chapo" Guzmán is the most well-known drug lord of all time (DEA). In the 1980s, he worked for Miguel Félix Gallardo and was a member of the Guadalajara Cartel.
The Sinaloa Cartel is still the most powerful drug cartel in Mexico as of 2022. After the arrest of Joaquín "El Chapo" Guzmán, the cartel is now headed by Ismael Zambada García (aka El Mayo) and Guzmán's sons, Alfredo Guzmán Salazar, Ovidio Guzmán López, and Ivan Archivaldo Guzmán Salazar.
Willie Falcon made a lot of money from his drug deals and businesses. Because he was rich, he could live in style. People say that he throws parties at his motels, yachts, and fancy bars.
He was let out of prison in June 2017, but instead of going home, he was sent to the Dominican Republic. His net worth is around $1 million.