Forbes drops drug lord Joaquin ‘El Chapo’ Guzman from billionaires list

Story highlights

Forbes had previously put Joaquin "El Chapo" Guzman's fortune at $1 billion

He is the boss of the Sinaloa cartel, one of Mexico's most powerful trafficking operations

Guzman is one of 68 billionaires reported dropped from the list this year

Fortunes forever rise and fall, but perhaps none so fast as those of drug lords.

On Monday, Forbes magazine released its annual list of the world’s richest people, and for the first time since 2009, Joaquin “El Chapo” Guzman did not make the cut.