Home Businessmen CEO's Olof K. Gustafsson Net Worth

Olof K. Gustafsson Net Worth

Olof K. Gustafsson Net Worth

Olof K. Gustafsson Net Worth $48 Million

Olof K. Gustafsson is head of administration in Escobar Inc.

Escobar Inc is a company registered in Puerto Rico tied to various alleged scams involving selling smartphones and flamethrowers with Escobar Inc branding without delivering the products to customers. It was established on April 20, 2015. The company is known for its association with Roberto de Jesús Escobar Gaviria, the brother of Pablo Escobar, and various scams involving selling phones.

The company was formed into a legal corporation on April 20, 2015 in Puerto Rico.

Conflict with Netflix
On July 1, 2016, Escobar Inc sent a letter to Netflix, Inc. regarding the series Narcos demanding $1 billion in payment for unauthorized usage of content.On September 11, 2017, Carlos Muñoz Portal, a location scout from Netflix, was found assassinated in his car in Mexico. Roberto Escobar denied any involvement and offered to provide hitmen as security for Netflix. Escobar Inc, on November 6, 2017, abandoned the dispute.

Donald Trump
On January 8, 2019, Gustafsson launched a $50 million GoFundMe fundraiser under his name on behalf of Escobar Inc in an effort to impeach President Trump. After raising $10 million in 10 hours, the page was removed.

Elon Musk and The Boring Company
In July 2019, Escobar Inc started selling a propane torch made to look like a flamethrower and accused The Boring Company CEO Elon Musk of intellectual property theft, alleging that The Boring Company’s promotional Not-a-Flamethrower is based on a design that Roberto Escobar discussed in 2017 with an engineer associated with Musk. Via media, Escobar Inc publicly offered Musk a settlement of $100 million in cash or Tesla shares; otherwise they would use the legal system to take over Tesla. No action has been taken since.

On August 28, 2019, Escobar Inc filed a UDRP complaint regarding cybersquatting of the domain PabloEscobar.com with the then-National Arbitration Forum. The prior owner demanded $3 million for the domain name and on October 7, 2019, the case was ruled in the favor of the company with the domain name ordered to be transferred to the company.

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