Luis Carlos Galán Colombian politics, in this case the main drug cartel being the Medellin Cartel led by Pablo Escobar and who unsuccessfully tried to become a member of the New Liberalism Movement in his bid to become a member of the Colombian House of Representatives. Galán denounced Pablo Escobar in a public rally, and supported the extradition treaty with the U.S, contrary to the wishes of the Colombian cartels that feared extradition to the U.S. After receiving several death threats, on August 18, 1989, Galán was shot to death by hitmen hired by the drug cartels during a campaign rally in the
Pablo Escobar their warehouses. Ten percent (10%) of the cash had to be written off per year because of "spoilage", due to rats creeping in and nibbling on the bills they could reach. When questioned about the essence of the cocaine business, Escobar replied with "[the business is] simple: you bribe someone here, you bribe someone there, and you pay a friendly banker to help you bring the money back." In 1989, "Forbes" magazine estimated Escobar to be one of 227 billionaires in the world with a personal net worth of approaching US $3 billion while his Medellín Cartel controlled 80% of