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Billionaire Drug Lord Joaquin ‘El Chapo’ Guzman arrested in Mexico

Guzman has been named in multiple federal drug trafficking indictments in the United States and has been on the Drug Enforcement Administration's most-wanted list. His drug enterprise stretches throughout North America and reaches as far away as Europe and Australia.

World's most-wanted drug lord Joaquin ‘El Chapo’ Guzman arrested in Mexico.

The feared drug lord, who heads the fugitive list of U.S. drug officials, was busted in Mazatlan. The infamous head of the Sinaloa cartel has been in hiding since 2001. Guzman's capture ended a long and storied manhunt. He was rumored to live everywhere from Argentina to Guatemala since he slipped out in 2001 from prison in a laundry truck -- a storied feat that fed his larger-than-life persona. Because insiders aided his escape, rumors circulated for years that he was helped and protected by former Mexican President Felipe Calderon's government, which vanquished some of his top rivals.

Guzman transformed himself from a middling Mexican capo into arguably the most powerful drug trafficker in the world. His fortune has grown to more than $1 billion, according to Forbes magazine, which listed him among the "World's Most Powerful People" and ranked him above the presidents of France and Venezuela.

The Sinaloa cartel has been blamed for its role in the bloody drug war that has plagued Mexico in recent years. The Sinaloa Cartel was originally known as “La Alianza de Sangre” or Blood Alliance. Its leader, known as a first generation narco-trafficker, Pedro Avilez Perez was one of the first smugglers to utilize aircrafts to transport narcotics across the US border. However over time, 2nd generation leaders such as Joaquin “El-Chapo” Guzman were able to gain control after the Mexican government was able to imprison Perez.

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