You Gotta Start Somewhere

How ISIS War Chest May Be $2B and Growing – NBC

Despite the vast riches detailed on the drives, the group’s real windfall came after it took Mosul. After seizing its banks, weapons, and resources, ISIS’s total assets reached a staggering sum.

“By the end of the week, we soon realized that we had to do some accounting for them,” a senior intelligence official told The Guardian. “Before Mosul, their total cash and assets were $875 million. Afterwards, with the money they robbed from banks and the value of the military supplies they looted, they could add another $1.5 billion to that.”

The official went on to tell The Guardian that ISIS had acquired $36 million from one Syrian region alone by selling relics up to 8,000 years old.

But their initial funding came from rich Sunnis in Saudi Arabia, Qatar, the UAE, and elsewhere.

About Bill Quick

I am a small-l libertarian. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.


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