Something I've been thinking about lately: I wonder what drug organizations' profit margins are. For a retail company with several billion dollars of annual income, I believe somewhere around the 5 percent of revenues mark is pretty solid. Because they don't pay taxes, I imagine that drug runners well exceed that percentage, but they do have to fork over cash for drug production, high salaries, bribes, boats, tunnel maintenance, et cetera. All of that adds up. So how much of that $18 to 39 billion stays in the hands of the gang leaders?
Tuesday, July 28, 2009
This is a lot of cash: the National Drug Intelligence Center estimates that Colombian and Mexican drug gangs have incomes somewhere between $18 to 39 billion annually. For what it's worth (which isn't much, given the size of the range), that estimate is on the high side.