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Nemesio Rubén Oseguera Cervantes, the leader of the Jalisco New Generation Cartel, widely known as “El Mencho”, was killed in a raid by Mexican security forces in the western state of Jalisco, triggering violent confrontations nationwide while drawing praise from the United States.
He was slain during a federal operation targeting the organisation on Sunday morning, according to a statement from the Mexican government.
El Mencho net worth
The precise net worth of the late drug lord remains unclear, but in 2019 the US Drug Enforcement Administration suggested it could be more than $1 billion. An archived Univision report quoted DEA agent Kyle Mori, who was involved in efforts to capture the elusive crime leader, as saying, “I would estimate his wealth at no less than $500 million, and it may even surpass $1 billion.”
While this figure represents only his personal fortune, some estimates suggest that the total assets of the Jalisco New Generation Cartel (CJNG) could be worth tens of billions of dollars. These numbers remain approximate, since the group’s involvement in illegal activities makes precise financial calculations impossible.
The Drug Enforcement Administration (DEA) has reportedly identified CJNG as one of the main suppliers of cocaine to the United States, placing it on the same level as the Sinaloa Cartel. Reports also indicate that CJNG is involved in the production of fentanyl and various forms of methamphetamine.

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