Who is George Jung and what is his net worth 2018? Let’s be realistic. Nobody knows the real net worth of George Jung, not now, not ever. Of course he hasn’t made his entire net worth public. But one can assess, analyse and make relatively accurate educated guesses. Why the heightened state of ambiguity? Well, would a ‘druglord’ ever disclose his wealth?
Every drug-trafficker has aliases. El Americano and Boston George aren’t exactly George Jung’s aliases but they are his nicknames. He was born in Boston on the 6th of August, 1942. As a child itself, he had this flair for leadership. He wasn’t the most academically brilliant student but he was a leader. They say marijuana is a gateway drug and that’s the biggest issue with it. And for George, it proved to be one. In order to break even he began ‘pushing’ marijuana. Slowly his operations and grew and he got sucked into the trade. At his ‘early’ peak, he was making nearly $250,000 a month. Account this for inflation and that becomes $1.5 million a month.
Between the 1970’s and 1980’s, the Medellin Cartel was responsible for smuggling cocaine in the USA. This was the largest cocaine cartel of the time. And George Jung was a part of it too.
Keeping all of this aside, George is the father to a couple of children and is the inspiration behind the biopic Blow.
George Jung ‘professional career’ was an unorthodox one, to say the least. He was one of the biggest drug traffickers and smugglers in the USA, with respect to cocaine especially. The Medellin Cartel was one of the biggest cartels at that time and he was fourth in command. He met his ticket into the cartel while at prison for smuggling marijuana. Carlos Lehder introduced him to the powerful influences and together, after their release they began their operations of flying cocaine from Columbia to the USA. There was a brief period of time in the 1970’s when George was earning $5 million a day because of these activities.
His drug trafficking days took a hit when he got arrested at his own mansion in 1987. It wasn’t until 2014 that he was released from prison.
Net Worth of George Jung
As mentioned above, ascertaining the net worth of this particular individual is especially hard. The reported net worth of George Jung is around approximately $12 million. In all hindsight, at the time where he was at the top of his powers, between 1970-1980, his net worth would have been much, much more.
To conclude, let’s first establish the fact that George Jung as of today is a free man. No longer is he a criminal imprisoned in jail. Drug trafficking and smuggling has tragedy intertwined with it all along the way. His imprisonment and arrest was probably the best thing that happened to him and the citizens of the USA too, benefited aptly. If prison changed him, perhaps, that would be the Hollywood ending that Blow was missing?