Who is Ovidio Guzmán? What is Ovidio Guzmán Net Worth in 2023?
Ovidio Guzmán Net Worth: Ovidio Guzmán has a net worth of $80 million. Guzmán is a Mexican drug dealer, criminal, and high-ranking member of the Sinaloa Cartel who is known by the nickname “The Mouse”.
He is best known for being the son of El Chapo, a Mexican drug lord, and former Sinaloa Cartel leader. Following his father’s extradition to the United States in 2017, Ovidio was arrested by Mexican security forces on January 5, 2023.
Ovidio Guzmán Early Life
Ovidio Guzmán López was born on March 29, 1990, in Culiacán, Sinaloa, Mexico, to Joaqun “El Chapo” Guzmán and his second wife, Griselda López Pérez. His father was once considered Mexico’s most wanted drug lord and the world’s most wanted criminal.
He was the youngest of three sons born to this couple, the others being Joaqun and Édgar, who was shot and killed in 2008 in the parking lot of a shopping centre in Culiacán. Moreover, he has three older half-brothers and sisters: César, Iván, and Jess Alfredo. In 2007, his father married Emma Coronel Aispuro, the daughter of one of his top deputies, Inés Coronel Barreras, for the third time.
From his father’s marriage, he also has two half-sisters, Maria Joaquina and Email Guadalupe. Ovidio attended four years of primary school at one of Mexico City’s most exclusive Catholic institutions.
Ovidio stopped attending school after his father escaped from prison in 2001, the first of two jailbreaks, and returned to Sinaloa to be raised by his grandmother, El Chapo’s mother Mara Consuelo Loera.
Ovidio Guzmán’s Net Worth
Ovidio Guzmán’s net worth is estimated to be $80 million in 2023. Ovidio earns more than $200,000 per month from drug sales, according to reports. His father’s net worth is estimated to be more than $3 billion.
El Chapo rose from humble beginnings to become the world’s most powerful drug trafficker, and his son, Ovidio Guzmán, is also heavily involved in his father’s business and is currently imprisoned.
Ovidio was recently suspected of being the leader of Los Chapitos, Los Menores, and/or Los Juniors, a Sinaloa Cartel faction. He was apprehended and taken to Federal Social Readaptation Center No. 1 on January 5, 2023.
Why was Ovidio Guzmán Arrested?
Since he was a child, Ovidio has been involved in the drug trade. The drug Lord has been working closely with his father since 2008. After his father was sentenced, Ovidio took over the family business until his arrest in 2023.
Ovidio was a relatively unknown figure within the Guzmán criminal empire for many years. His name was first mentioned by the US Treasury in 2012, when he was sanctioned alongside his father and older brother Iván. Despite this, he went largely unnoticed until his arrest and release in 2019.
Prior to his high-profile arrest and subsequent release on October 17, 2019, Ovidio was well-liked in Culiacán, particularly in the upper-class neighbourhood of Tres Roses, a saga that became known locally as “Black Thursday” or the “Culiacanazo.”
On January 5, 2023, Mexican security forces apprehended Ovidio ahead of US President Joe Biden’s visit the following week. The US State Department has also charged Ovidio and his brother with being in charge of 11 meth labs in Sinaloa State, which produce up to 2,200 kg of the drug per month.
Authorities believe he also killed informants, a rival drug trafficker, and a popular Mexican singer who refused to perform at his wedding. However, as a result of his capture, violence between the army and the cartel has erupted once more on Mexico’s streets. The Mexican government frantically deployed tanks and heavily armed teams in an attempt to control the violence.
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