Willie Falcon Net Worth: How Rich is a Cocaine Cowboy?

Willie Falcon Age, Family, Wife, Kids

What is Willie Falcon Net Worth?

Willie Falcon Net Worth is About $40-50 Million.

Who is Willie Falcon?

Augusto Guillermo “Willy” Falcon is an ex-drug kingpin who, with his friend Sal Magluta, operated one of the biggest trafficking companies for cocaine in South Florida history.

Biography

Early Life

Willie Falcon was born on September 1, 1955, and is now 67. His birthplace was Cuba, and he is Cuban.

Willie Falcon Family

Willie Falcon grew up in Cuba with his brother Gustavo Falcon and his family. Alongside his mum, who he loves the most, he has a closer bond. After attending a local, non-public college in Cuba, He enrolled in Miami Senior High College for his high school education. After leaving high school, he began working to earn money alongside his close friend Sal Magluta. His real name is Augusto Willie Falcon. While in school, willie and magluta started selling marijuana and cocaine to earn a living.

Career

Falcon and Sal Magluta founded a construction company. He also oversees the administration business. These organizations were started to ensure the safety of black money. Furthermore, the man was a participant in various speedboat races.

To work within the industry of pharmaceuticals, Willie dropped out of college. With his friend Sal Magluta, he began using marijuana; however, after some time, he switched to cocaine. Together, they run a business across Florida. Falcon attempts to agree with the buyer. Because of his enthralling personality and engaging manner, he receives many offers.

Following the sale’s completion, Magluta described the processes of purchasing and promoting the items. He also assessed the potential risks associated with it. They sourced drugs for the country via the Medellin cartel right away. Through the 1970s and 1980s, they created the largest Cocaine company in the world.

Career as a Drug Dealer

They primarily focused on sales of drugs following their pullout. In collaboration with an old friend, Jorge Valdes, they helped get rid of 30 kilograms of cocaine in their first major transactions. After that, they started working with greater quantities, and eventually, they became one of Colombia’s most prominent cocaine dealers. Falcon as well as Magluta both had different skills and worked well. While Magluta was focused on negotiating and closing the deal, Falcon acted as a conduit and established important contacts.

Falcon was a master in channeling his old acquaintances and acquaintances from Cuban American society. They also developed their ideas and used the boat racing sport to connect with other celebrities and utilize it as a method for transporting cocaine out of the Bahamas. They were able to transport around 75 tonnes worth of cocaine to and out of the North American area throughout the period. Then, in April the year, 1991 Falcon and his business partner Magluta were captured. At that time, they had amassed a staggering amount, which was $2.1 billion in assets and cash, demonstrating their activities’ scale.

They’d previously avoided being caught by leveraging their connections and paying bribes after being arrested in 1991 and detained at high security for four years. There was, however, lots of drama in the days leading up to the trial began in 1996 because three witnesses could have been killed, and two more were seriously wounded during assassination attempts. At the age of 62, he will be released from federal prison in the year 2017.

Willie Falcon’s first prison

The first time he was sentenced to prison was for small-scale drug trafficking together with the Sal Magluta family in 1979. He was sentenced to 14 months prison sentence and five years of house arrest. During the trial, their attorney delayed the lawsuit for as long as 10 years. They set up the largest coca mill on the East Coast in under ten years.

Additionally, Falcon repeatedly managed to escape authorities. Falcon was arrested in 1991, along with Magluta. They had in mind to fulfill their agreement for the sale of 75 tons of cocaine at approximately $ 2.1 billion. The judge’s office could not prove their guilt during the trial.

The United States Attorney’s Office looked at Willie and Sal’s finances and discovered that all judges had been tricked. Ultimately, every judge, bar member, and the attorney was dealt with. Falcon has been sentenced to 14 years of prison following almost 10 years of hearings because he had filed an appeal.

Willie Falcon 1996 trial

The federal grand jury indicted Magluta and his associate, Falcon, in April 1991, on charges of drug trafficking and for operating a criminal organization believed to be involved in importing and distributing approximately 75 tons of cocaine. Susan Van Dusen, D, and Albert Krieger acted as Falcon’s representatives. Robert “Bobby” Wells.

Magluta was his business companion. Magluta was represented by Roy Black, Martin Weinberg, Martin Weinberg, Roy Black, Martin Weinberg, and Roy Black. Richard Martinez (Magluta’s brother-in-law). Magluta and Falcon were not found guilty following a lengthy trial before Justice Federico Moreno. In 1997 he was found guilty of illegally possessing a firearm.

The US Attorney’s Office initiated an investigation to investigate Magluta and Falcon’s finances following their trial in 1996, which eventually revealed that jurors and the jury’s foreman were allegedly bought off. In the wake of their actions, Magluta, Falcon, numerous jurors, coworkers, and some of their attorneys were all accused of criminal offenses.

Deportation and guilty plea

In 2003, he pleaded guilty to a single charge of money laundering as part of a plea bargain with the government to receive a reduction of his sentence to 20 years. Following his release in 2017, he was taken into ICE custody. He was sent back to the Dominican Republic, where he spent a brief time as the authorities did not intend to allow his residence within the nation. He was compelled to leave the country, and his whereabouts remain unknown.

Willie Falcon Wife

Alina Rossique married Willie Falcon, a Russian woman. Their three kids were Eileen Martinez, Jessica Falcon, and William Falcon. When Alina was walking out of the beauty salon when she got home, she was in an accident that resulted in her being severely injured and later caused her death. The attack was not provoked, as per subsequent reports. Alina was just 33 years old at the time. Old at the time.

Willie Falcon Net Worth

The business and narcotics deals associated with Willie Falcon were well compensated. The wealth of his business allowed him to enjoy an extravagant lifestyle. Motels, yachts, and fancy bars are considered venues for party parties.

He probably earns around USD 200-250k per year from drug dealing—the payment for his construction and real estate business. Willie Falcon net worth will be around 40-50 million in 2022.

Frequently Asked Questions About Willie Falcon

What is Willie Falcon Net Worth?

Willie Falcon Net Worth is About $40-50 Million.

What is the Age of Willie Falcon?

Willie Falcon Age is 67 Years.

Who is the Wife of Willie Falcon?

Alina Rossique is the wife of Willie Falcon.

Who are the Kids of Willie Falcon?

Willie Falcon three kids were Eileen Martinez, Jessica Falcon, and William Falcon.