Ovidio Guzmán López's Net Worth (2024), Wiki And More Facts

Ovidio Guzmán López is a high-ranking member of the Sinaloa Cartel, a criminal organization centered in Sinaloa, Mexico.

Guzmán López is the son of Joaqun "El Chapo" Guzmán and his second wife, and was born on March 29, 1990.

Since he was a youngster, he has been active in his father's drug trafficking operation, and after his father's incarceration, he has assumed a significant role in the Sinaloa Cartel.

Because he and his brothers, Iván Archivaldo Guzmán, Jess Alfredo Guzmán, and Ismael "El Mayo" Zambada, are suspected to be the cartel's leaders, Ovidio Guzmán was sanctioned on May 8, 2012, under the US Foreign Narcotics Kingpin Designation Act (Kingpin Act).

The United States Attorney for the District of Columbia convened a grand jury in July 2017, and both Ovidio Guzmán López and his brother Joaquin Guzmán López were formally indicted in 2018 on charges of participating in a conspiracy to traffic cocaine, methamphetamine, and marijuana since 2008.

On April 2, 2022, a sealed indictment was filed. The indictment was unsealed on December 12, 2018, for the restricted purpose of disclosure in an extradition action under the Jencks Act.

On February 13, 2019, Judge Rudolph Contreras ordered the indictment to be fully unsealed.

Members of the Mexican National Guard briefly detained Ovidio Guzmán López in Culiacán, Sinaloa, on October 17, 2019, sparking a series of fire skirmishes in the city.

The threat of mass civilian murders was made by heavily armed cartel gunmen (numbering in the hundreds), including an attack on an apartment complex containing relatives of local military members.

Ovidio Guzmán was released hours later, with Mexican President Andrés Manuel López Obrador supporting the move to "avoid more carnage." However, one of the cops who apprehended Ovidio, Eduardo N., was slain the next month.

On May 8, 2020, Santiago Nieto, the chief of Mexico's Unidad de Inteligencia Financiera, stated that Ovidio Guzmán's assets had been frozen by the Mexican government, saying, "We have frozen Ovidio's and 330 other cartel members' accounts and filed a complaint with the Prosecutor's Office. We've also discovered several anomalies."

As a criminal, he made a lot of money.

Ovidio Guzmán López's net worth is currently estimated at $50 million.