Taliban Net Worth: How much wealth does the Taliban have and where does the ‘huge’ money to run the organization come from? Know about the Taliban’s budget. The Taliban is rapidly gaining ground in Afghanistan and it is believed that within the next three months, the Taliban will capture the Afghan capital Kabul. Also, check out Apple Net Worth, Facebook Net Worth, Amazon Net Worth and Flipkart Net Worth.
The Taliban has taken control of 12 provincial capitals, and leaders and activists have been taken prisoner in many provinces across the country. But the Taliban of 2021 looks quite different from the Taliban of the late 2000s. The video released by the Taliban, and therefore the Taliban’s video footage cited from various media sources, clearly shows that there has been a change in the way Taliban leaders dress and behave.
You are watching: Taliban Net Worth 2024: Income, Sources, Assets and Real Estate
Taliban Net Worth
Name | Taliban |
Net worth | $1.6 billion |
Net worth in Indian Rupees | 11,900 Crore Rupees |
Afghanistan Government Budget 2020 | $5.5 billion |
Annual Revenue 2016 | 400 million dollars |
ISIS Net Worth | $2.5 billion |
Taliban Revenue:
How the Taliban Got Rich, Where Does the Cash Come From? | How Has the Taliban Changed?
Reports are coming in about the Taliban and so the available video footage shows that the Taliban have sophisticated weapons and they have modern SUVs. The clothes worn by the Taliban fighters look new and quite clean, whereas the old Taliban clothes are also old and their way of life is like that of the tribes. Although, at the ideological level, the Taliban’s thinking is still very similar to the old Taliban and therefore the Taliban’s views on women are dangerous, the Taliban of 2021 does not show the madness of the Taliban of the 1990s.
The Taliban fighters today look disciplined, well-trained and confident. Why wouldn’t they be confident, after all, their coffers are full of money.
Taliban ranked fifth in 2016
See more : Damon Diamond Net Worth 2024: Age, Income, Salary and Assets
So the question is, how much money does the Taliban have and where does it come from? In 2016, Forbes magazine published a list of the world’s richest terrorist organizations, in which the Taliban was ranked as the fifth richest terrorist group. At the time, ISIS was considered the richest terrorist organization, with its assets estimated at $2 billion.
Although ISIS occupied much of Iraq and received funding from extremist Islamic groups in many countries, the United States destroyed ISIS and its leader Abu Bakr al-Baghdadi was bombed by the United States. But, according to Forbes, the Taliban’s annual revenue in 2016 was estimated at around $400 million.
How much assets does the Taliban have?
Forbes said in its report that the Taliban’s main sources of cash are drug trafficking, extortion under the guise of providing security, donations from various extremist groups and money collected from areas controlled by the Taliban. Forbes published this report of 400 million ‘transactions’ annually in 2016 and at that time the Taliban was very weak and controlled only a few small areas. But now the Taliban control many large and important cities in Afghanistan and their wealth has increased greatly.
Taliban’s assets increase significantly
Radio Free Europe/Radio Liberty has revealed the Taliban’s assets, citing a confidential NATO report. The report says that the Taliban’s assets have multiplied. The report says that the Taliban’s annual budget for the 2019-2020 fiscal year was $1.6 billion, a 400 percent increase in four years compared to Forbes’ 2016 figures. The report shows by making an inventory where the Taliban gets so much money and what it spends it on.
Taliban’s sources of income
The report, obtained by Radio Free Europe/Radio Liberty from NATO intelligence documents, gives a full account of the Taliban’s income. The report says the Taliban earned $464 million from mining and $416 million from drug trafficking. Over time, the Taliban received $240 million in donations from various extremist organizations, and the Taliban collected about $240 million from the population in various ways. Over time, from Taliban-held areas, the Taliban collected about $160 million in taxes, including protection money and extortion money. Over time, the Taliban earned $80 million from land.
Taliban trying to become self-reliant
See more : Vance Joseph Net Worth 2024: NFL Salary, Girlfriend, Height and Age
The secret NATO report highlights the fact that the Taliban leadership is moving towards self-reliance, becoming an independent political and military entity, trying not to rely on other countries or organizations for money. According to the report, the Taliban has been trying for years to reduce their dependence on foreign organizations and countries, especially Pakistan, for money. According to NATO intelligence reports, the Taliban is believed to have received about $500 million from foreign sources in 2017-18, and the Taliban has significantly reduced in 2020.
Questions about the Afghan government?
What is most surprising is that in line with the budget announced in 2020, the official budget of the Afghan government is $5.5 billion, of which only 2 percent is allocated to the defense budget. Although the United States has spent a large amount of money to keep the Taliban on the Afghan border, experts say the Afghan government has not spent money on the defense budget, thanks to which things have completely changed today and therefore the Taliban has been completely unstoppable by the Afghan government.
The United States has spent $1 trillion
The US claims to have spent nearly a trillion dollars in Afghanistan over the past 20 years training and arming troops, including against the Taliban. But the US has not yet fully evacuated Afghanistan, and so the Taliban’s earlier siege of Kabul has raised questions about US power.
On the business side, the Taliban has been making steady progress and maintaining their cash flow, and as a result, the Taliban today seems to have made major changes and has started negotiating with international organizations by changing their ideology. Because the Taliban is now starting to know that if they want to get on the world stage, they have to trade and if they want to maintain their existence, they will need to consider different sources of cash.
Students also check CA Final Result, CA Intermediate Result and CA Foundation Result.
Source: https://anhngunewlight.edu.vn
Category: Net Worth