El Mencho killed: What was Nemesio Oseguera Cervantes’ net worth? Merca2.0
The figure of Nemesio Oseguera Cervantes, known as “El Mencho,” became for years synonymous with power, violence, and the expansion of drug trafficking in Mexico. Identified as the leader of the Cártel Jalisco Nueva Generación (CJNG), his name appeared consistently in security reports in both Mexico and the United States. Beyond his criminal profile, one of the aspects that drew the most attention from authorities was the size of his net worth and the financial structure that supported his organization. But how much money did he have?
ALSO READ El Mencho killed: What’s going on in Mexico right now?
What was Nemesio Oseguera Cervantes’ net worth?
According to estimates from the U.S. Drug Enforcement Administration (DEA), Nemesio Oseguera Cervantes was considered one of the richest drug lords in the world. U.S. authorities calculated that his net worth could exceed $1 billion, although other assessments place it at no less than $500 million.
These figures do not come from official financial disclosures, but rather from financial intelligence analyses based on the scope of his drug trafficking operations, money laundering activities, and business networks linked to the CJNG. Under his command, the organization built a complex economic structure that included properties, businesses, and assets used to move and conceal funds.
Despite the estimated amounts, DEA reports indicate that Oseguera Cervantes did not maintain a public lifestyle of extravagant luxury comparable to other criminal leaders. Part of his strategy involved keeping a low profile to avoid being located by authorities. Nevertheless, the scale and operational capacity of the CJNG placed him among the criminal leaders with the greatest financial power in the Western Hemisphere.
Who was Nemesio Oseguera Cervantes?
Nemesio Oseguera Cervantes was born on July 17, 1966, in a rural community in the state of Michoacán, Mexico. Coming from a family dedicated to agricultural work, he spent his childhood in an environment with limited resources. During his youth, he emigrated to the United States, where he lived in California.
In the 1980s, he was arrested in the United States on drug-related charges and later deported to Mexico. After his return, he began integrating into drug trafficking structures operating in western Mexico. Over time, he consolidated alliances and gained experience managing routes, contacts, and logistical networks.
His rise within the criminal world was marked by an aggressive expansion strategy and direct confrontation with rival groups. As other organizations weakened, he positioned himself as a key figure in the reconfiguration of Mexico’s drug trafficking landscape. Mexican and U.S. authorities included him for years on their most-wanted lists, offering multimillion-dollar rewards for information leading to his capture.
What is and how did the Cártel Jalisco Nueva Generación originate?
The Cártel Jalisco Nueva Generación emerged in the late 2000s in western Mexico, particularly in the state of Jalisco. Its origins are linked to the fragmentation of other criminal groups and internal disputes that gave rise to new alliances.
From its beginnings, the CJNG was characterized by a highly organized structure and the use of violence as a mechanism to gain territory. The organization rapidly expanded its presence across various Mexican states and strengthened trafficking routes to the United States.
In addition to trafficking synthetic drugs such as methamphetamine and fentanyl, the CJNG diversified its illicit activities into arms trafficking, extortion, and other criminal economies. Over the years, it became one of the most influential groups within Mexico’s organized crime landscape, with a direct impact on national security and bilateral relations with the United States.
How was the operation in which El Mencho was killed carried out?
The operation took place in the municipality of Tapalpa, Jalisco, with the objective of detaining Nemesio Oseguera Cervantes. According to the Secretariat of National Defense, federal personnel were attacked during the mission and responded to the aggression. Four CJNG members were killed in the confrontation, and three others were seriously injured.
El Mencho was among those wounded and later died during an air transfer to Mexico City. Three federal officers were also injured and transported to hospitals for specialized medical attention.
The operation was led by Mexican Army Special Forces, supported by aircraft from the Mexican Air Force and rapid reaction units from the National Guard. In addition to the arrests, authorities seized high-powered weapons and armored vehicles, including equipment capable of bringing down aircraft.
Following the operation, criminal groups responded with roadblocks in Jalisco, Nayarit, Michoacán, Puebla, Veracruz, Guerrero, and Zacatecas, among other states. These actions caused traffic chaos, suspension of activities, and widespread concern among residents.
⇒ SUBSCRIBE TO OUR CONTENT ON GOOGLE NEWS
