At $70 Million In 5 Years, Boko Haram Ranked 7th Richest Terrorist...

At $70 Million In 5 Years, Boko Haram Ranked 7th Richest Terrorist Group In The World (SEE LIST)

By Wires | The Trent on July 12, 2014
Dapchi, Schoolgirls, boko haram , yobe
Picture taken from a March 5, 2013 video shows Abubakar Shekau (C), the leader of Nigerian Islamist extremist group Boko Haram, flanked by two armed and hooded fighters in an undisclosed place. (Photo Credit: AFP/Boko Haram)

With an estimated sum of $70 million, Boko Haram has been ranked the seventh wealthiest terrorist organisation in the world.

According to a report published by The Richest, the sum of $70 million was made by the group between 2006 and 2011 from their numerous kidnappings and the subsequent ransoms procured.

The Islamic State in Iraq and Syria (ISIS), a Jihadist militant group, is adjudged the richest terrorist group till date, with an estimated sum of $2 billion, gathered from looted weapons and bank robberies.

The second richest terrorist group is Irish Republican Army (IRA), a prominent professional money laundering organisation in Europe with over $450 million.

The third richest, the Taliban of Afghanistan rakes in an estimated sum of $400 million, annually from expansive drug trade, human trafficking, extortion, as well as a large amount of donations from foreign organisations that support their ill-gotten empire.

Al-Qaeda, which is the fourth richest, is one of the largest and deadliest terrorist groups, founded by Osama Bin Laden. The group realises over $100million in a year.

The Marxist guerrilla group, Revolutionary Armed Forces of Columbia-People’s Army (FARC), known for numerous kidnappings, assassinations and bombings, which they have executed on Columbian citizens, in the name of anti-imperialism rakes in an estimated sum of $80-$350 million, every year is the fifth richest.

Just ahead Boko Haram is Lashkar-e-Tayyiba from Pakistan, renowned for wreaking havoc, raging war and killing civilians, with $100 million a year.

Editor’s Note: The headline has been edited.

Read More


Leave a Comment

To leave a comment anonymously, simple write your thoughts in the comments box below and click the ‘post comment’ button.