According to a Forbes Israel report, “to finance
their operations, terrorist groups often end up
operating as criminal organisations, by taking up
activities such as drug trafficking, robberies and
extortion, raising money through charities,
donations and, in some cases, government
agencies.”
The publication’s report also contained the ten
richest terrorist groups in the world, and Nigeria’s
Boko Haram is number ten on the list.
The annual revenue of the Islamic terrorist sect is
put at $25 million (N4,307,500,000).
The ranking puts ISIS at number one with an
annual income of $2 billion. Hamas comes in at
second place with $1 billion while Colombia’s
FARC is ranked third with a $600 million yearly
revenue. Hezbollah comes in at fourth place with
$500 million, while Taliban is fifth with $400
million.
The terrorist organizations ranked between 5-10
are Al-Qaeda ($150 million), Pakistani-based
Lashkar e-Taiba ($100 million), Somalia’s Al-
Shabaab ($100 million), Real IRA ($50 million),
while Nigeria’s Boko Haram rounds up the list.
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