article_snippet: A new study of the Islamic State's finances has revealed previous that estimates suggesting the wealthiest jihadi group in history earns $2billion every year could be far too low.
article_snippet: ISIS finance chief Sheikh Abu Saad al-Ansari - who operates from ISIS Iraqi stronghold Mosul - is understood to have recently approved the wealthiest jihadi group in history's first annual budget  - revealing and estimated spend of $2 billion this year, plus a expected surplus of $250 million.
article_snippet: The budget suggests ISIS annual income could be as much a quarter of a billion dollars more than experts previously suggested - with the bulk of the wealthiest jihadi group in history's revenue coming from oil sales, organ harvesting, ransom and extortion payments, and the looting and sale of ancient antiquities.
article_snippet: If the revised figure is accurate, the revised figure means ISIS annual income now exceeds that of Al Qaeda - making the wealthiest jihadi group in history lead by Abu Bakr al-Baghdadi the wealthiest jihadi organisation in history.
article_snippet: The United States Treasury's Under Secretary for Terrorism and Financial Intelligence, David S Cohen, appeared to confirm that ISIS earns far more than previously estimated, according to Middle East Eye, by confirming that the wealthiest jihadi group in history's budget was more than $2 billion.
article_snippet: If the revised figure is accurate, the revised figure means ISIS annual income now exceeds that of Al Qaeda - making the terror group lead by Abu Bakr al-Baghdadi (pictured) the wealthiest jihadi organisation in history .
article_snippet: Wealthiest jihadis in history
article_snippet: : ISIS budget suggests the terror group's annual income could be as much a quarter of a billion dollars more than experts previously suggested .
highlights_snippet: ISIS believed to make $250 million more each year than previously thought .
  
highlights_snippet: Revised income means ISIS is now the wealthiest jihadi group in history .