Home

Wealthiest Mafiosi of All Time

Posted By: TopTone

Wealthiest Mafiosi of All Time - 09/29/13 02:33 AM

I have read that Fat Tony Salerno had reached an estimate of $600 Million in net worth from his endeavors in construction rackets,union rackets and numbers running operations

Michael Franceze who was also called the ''Yuppie Don''had, his hand in tax fraud,construction schemes, and skimmin.Professional sports rigging, and had his hand in the movie business. He also was a booking agent.

Another contender would be Carlo Gambino, at his peak he probably had his hand in everything from Union racketeering,extortion, control of the garment districts,construction bid rigging,Manipulation of the Garbage And Waste Disposal business, and control of other union locals.

Vito Genovese and Myer Lansky would probably be a contender on the listen.

I don't know if it would be veering off if we include non-Italian American Mafiosi, like Simon Milgoveich ,Viktor Bout,Pablo Escobar, and the Ortega Brothers who were very rich and belonged to different OCs.

Here is a list.I found on a website.
Quote:

http://www.worldfinancialblog.com/entertainment/the-5-richest-criminals-of-all-the-time/


1. Pablo Emilio Escobar 1949 – 1993 9 Billion USD

Pablo Escobar was definitely the greatest and richest criminal the world hasA wanted poster of Pablo Escobar ever seen. In 1989 Forbes listed him as the seventh richest man in the world with an estimated net value of 9 Billion USD.Escobar was born in Colombia where from he estimated a drug cartel of incredible proportions. He had submarines, planes, and employed nearly every inhabitant of his hometown Medellin. On top of his career he even tried to become the president of Colombia, raged a court with tanks and build his own personal jail. All the same Palbo Escobar was shot in 1993 by an American special force.

2. Carlos Lehder 1950 – ? 2.7 Billion USD

According to my investigations the second place goes to Carlos Lehder. He worked together with Pablo Escobar and was one of the co-founders of the Medellin Cartel. His estimated net value was taxed on 2.7 Billion USD.

3. Susumu Ishii 1924 – 1991 1.5 Billion USD

Susumu Ishii was born in Tokyo in 1924. one of the heads of the Ingawa-Kai , Japan´s second largest “yakuza” underworld syndicate. Also he was the 5th soho of the Yokosusa-ikka. His estimated net value amounted to 1.5 Billion USD, which he earned through various loans, banking deals, and real estate scams. But as the Japanese economic bubble burst, Ishii was no longer “the world’s richest gangster”. His assets a his health declined rapidly, and diet one year later.

4.Anthony Salerno 1911 – 1992 600 Million USD

Anthony “Fat Tony” Salerno was a member of the American Cosa Nostra and the front boss of the Genovese crime family. He was born and raised in East Harlem, New York where he worked one´s way up to the top of New York’s mafia as a basher and shylock. In November 1984 the Chicago mob sent a messenger to ask Fat Tony to lay off in Vegas. The FBI had tapped Tony’s club where the meet was and that was the beginning of the end. Had Tony gone to meet with the Chicago boys in one of the Chicago Hotels maybe things would have ended differently. In 1986 he was sentenced to 100 years prison by the “Mafia Commission Trial” where he died in 1992.

5.Meyer Lansky 1902 – 1993 400 Million USD

Meyer Lansky was born in Grodno Russia and emigrated with is family to the U.S.A in 1911, where he settled down on the East Side of Manhattan. At the age of 25 he established gambling operations in Florida and Cuba in a time long before credit card machines. Later he realised own vulnerability to tax evasion prosecution, in response he transferred illegal funds from his growing casino empire to Europe. A few years later he even bought a complete offshore bank in Switzerland.

The only problem by getting rich as criminal is that you probably won´t life very long so don´t get into




Posted By: IvyLeague

Re: Wealthiest Mafiosi of All Time - 09/29/13 05:59 AM

This topic has come up many times and, if you do a search, you'll find past discussions.

Trying to get an accurate read on the personal wealth of criminals, who tend not to report their income, is largely futile. Even the official estimates are often all over the place.

And many of the, including the ones above, are grossly inflated. Salerno was certainly a millionaire but nowhere near $600 million. Even the more oft-cited $100 million for him is probably a stretch. And the $9 billion for Escobar is also inflated. The Rodriguez Orejuela brothers from the Cali had to fork over most of their wealth (about $2 billion). Chapo Guzman of the Sinaloa cartel is estimated to be worth about $1 billion. So it's unlikely that Escobar alone was worth so much more. The figure you usually see for Lansky is $300 million but that's certainly a stretch. I don't believe he was broke when he died but was never worth anywhere near that much.
Posted By: TopTone

Re: Wealthiest Mafiosi of All Time - 09/29/13 06:33 AM

Excuse me , I am new to the forum so I wouldn't know of the previous discussions that covered this topic. I am still curious as to what would be a good estimate of the richest of the American mafia Dons $1billion ,$500 million,$200?Which family during in which era , immersed themselves in stylish opulence and spread the wealth amongst crews?
If they have they have discussed this please merge or posts the links.
Posted By: LCN1987

Re: Wealthiest Mafiosi of All Time - 09/29/13 12:48 PM

Originally Posted By: IvyLeague
Chapo Guzman of the Sinaloa cartel is estimated to be worth about $1 billion. So it's unlikely that Escobar alone was worth so much more.

Why do you say thata, Ivy? Wasn't it easier making drug money before? Less surveillance, less snitches I'd assume. As with the mafia, it was easier doing things in the past. I agree that Salerno's figures are inflated though. I'd say his worth would be in the region of $25 million-40 million.
Posted By: tommykarate

Re: Wealthiest Mafiosi of All Time - 09/29/13 02:33 PM

Pablos organization used to write off 10percent of there earnings every year to loss.id bet he had over a billion in his time
Posted By: Strax

Re: Wealthiest Mafiosi of All Time - 09/29/13 05:03 PM

Mafiosi from Sicily and Calabria have enormous amount of money.
Posted By: IvyLeague

Re: Wealthiest Mafiosi of All Time - 09/30/13 03:49 AM

Originally Posted By: TopTone
Excuse me , I am new to the forum so I wouldn't know of the previous discussions that covered this topic. I am still curious as to what would be a good estimate of the richest of the American mafia Dons $1billion ,$500 million,$200?Which family during in which era , immersed themselves in stylish opulence and spread the wealth amongst crews?
If they have they have discussed this please merge or posts the links.


My personal opinion, unless I'm overlooking something, I don't think any American mafioso ever topped $100 million.

The Genovese family, besides being the wealthiest, have been said to allow it's members to keep a relatively larger share of their money. However, they also are said to be the least likely to flash their money around.

Originally Posted By: LCN1987
Why do you say thata, Ivy? Wasn't it easier making drug money before? Less surveillance, less snitches I'd assume. As with the mafia, it was easier doing things in the past. I agree that Salerno's figures are inflated though. I'd say his worth would be in the region of $25 million-40 million.


The Cali cartel - which existed at the same time - was just as big as Escobar's Medellin organization, not to mention more sophisticated and better run, and they didn't have anyone worth $9 billion.
Posted By: Louiebynochi

Re: Wealthiest Mafiosi of All Time - 09/30/13 04:28 AM

Originally Posted By: IvyLeague
Originally Posted By: TopTone
Excuse me , I am new to the forum so I wouldn't know of the previous discussions that covered this topic. I am still curious as to what would be a good estimate of the richest of the American mafia Dons $1billion ,$500 million,$200?Which family during in which era , immersed themselves in stylish opulence and spread the wealth amongst crews?
If they have they have discussed this please merge or posts the links.


My personal opinion, unless I'm overlooking something, I don't think any American mafioso ever topped $100 million.

The Genovese family, besides being the wealthiest, have been said to allow it's members to keep a relatively larger share of their money. However, they also are said to be the least likely to flash their money around.

Originally Posted By: LCN1987
Why do you say thata, Ivy? Wasn't it easier making drug money before? Less surveillance, less snitches I'd assume. As with the mafia, it was easier doing things in the past. I agree that Salerno's figures are inflated though. I'd say his worth would be in the region of $25 million-40 million.


The Cali cartel - which existed at the same time - was just as big as Escobar's Medellin organization, not to mention more sophisticated and better run, and they didn't have anyone worth $9 billion.



I beleive guys like gambino,accardo and chin did top 100million
Posted By: southend

Re: Wealthiest Mafiosi of All Time - 09/30/13 01:40 PM

The Colombians I'd say netted far more wealth over time than American LCN. It's true what one poster said about Pablo writing off 10% in earnings, which was due to the money being ruined by water, mold, mice eating it and stuff like that.I know this because I just read Roberto Escobar's book he was his brother's accountant. 10% of earnings for these guys easily equaled to hundreds of thousands and i'm probably estimating that to the lower end...they couldn't have cared less about losing it due to the money they did have. However nowadays it's the Mexicans raking in the multi-billions. But you still cannot forget about the organizations actually supplying the Mexicans..which historically has been the Colombians so just imagine the riches the Pablo's and Ochoa's of today are sitting on.
Posted By: Antonio

Re: Wealthiest Mafiosi of All Time - 09/30/13 04:16 PM

Is the reason some of the Colombian and Mexican drug lords are richer than other Italian or Italian-American Mafia bosses because they take a bigger cut of the profits? Or is it because the money is more spread out fairly among mafiosi? Or do the Cartels just make more money than the Mafia? As far as I know, Italian organized crime was reportedly making over 100 billion a year as a whole, much larger than say the reported income of the Mexican cartels, however like Ivy and others mentioned, estimating is hard and almost non accurate.
Posted By: DB

Re: Wealthiest Mafiosi of All Time - 09/30/13 04:43 PM

I have read Meyer had $15M in assets when he died but a lot of it was in his brothers name and his daughter got screwed due to this ( his brother did not share much if it ) .

That 10% write off for Pablo was true from what I read and I believe a good portion of it was due to rot/mold where the money and drugs were stored .

The Ponte family ( Genovese associate or soldier ) have at least $100M in Manhatten property (30+ Properties in TriBeCa ) and I have seen some say its worth $500M . That is about as high an estimate I have seen for a mob guy . They also owned one of the biggest garbage companies in NYC until they were forced to sell in the late 90s garbage bust.
Posted By: pmac

Re: Wealthiest Mafiosi of All Time - 09/30/13 09:47 PM

Jerry anguilo and family own boston estmated wealth from teressa book 300 mill thats from the author quoting the fbi in the70tys.
Posted By: IvyLeague

Re: Wealthiest Mafiosi of All Time - 10/01/13 01:54 AM

Originally Posted By: Antonio
Is the reason some of the Colombian and Mexican drug lords are richer than other Italian or Italian-American Mafia bosses because they take a bigger cut of the profits? Or is it because the money is more spread out fairly among mafiosi? Or do the Cartels just make more money than the Mafia? As far as I know, Italian organized crime was reportedly making over 100 billion a year as a whole, much larger than say the reported income of the Mexican cartels, however like Ivy and others mentioned, estimating is hard and almost non accurate.


The Italian syndicates in Italy, as well as the bosses there, are a better comparison to the Colombian or Mexican cartels than any American LCN family or boss.
Posted By: JCB1977

Re: Wealthiest Mafiosi of All Time - 10/01/13 08:08 PM

There are plenty of mob guys from smaller families who have a boatload of money...less competition from other families and demand a bigger share of the profits because they are the only game in town. John Scalish from Cleveland was said to be worth upwards of $200 million when he died. Scalish had the Vegas skim money coming in every month. Russell Bufalino had it all to himself up in Scranton, no kids, didn't live an extravagant lifestyle. Gabriel Mannarino and John LaRocca from Pittsburgh were both said to be worth over $150 million when they died, most of the money coming from the Sans Souci Cuban Casino back in the 1950's and a lot of gun running to Cuban Nationals during the late 1950's and early 1960's. I personally think it is hard to determine the net worth of a mob figure, unless they had a legitimate business portfolio. Paul Castellano was extremely wealthy, had many legitimate corporations, and came from money back in the old country.
Posted By: JCB1977

Re: Wealthiest Mafiosi of All Time - 10/01/13 08:11 PM

The Italian mafia is also HUGE on the heroin trade. Drugs is where the serious money is, hence the cartels and their astronomical net worth
Posted By: SilentPartnerz

Re: Wealthiest Mafiosi of All Time - 10/01/13 09:28 PM

Diabolik Denaro (MMD) in Sicily has the most $ of guys still alive. Every week or so, the Italian gov't seizes hundreds of millions of euros from one of his minions.

In Calabria, the cocaine importers that supply the European coke market are probably the richest. The 'Ndrangeta bosses have passed the other leaders in wealth.

Just my opinions from what all that I have read.
Posted By: SilentPartnerz

Re: Wealthiest Mafiosi of All Time - 10/01/13 09:38 PM

Originally Posted By: JCB1977
There are plenty of mob guys from smaller families who have a boatload of money...less competition from other families and demand a bigger share of the profits because they are the only game in town. John Scalish from Cleveland was said to be worth upwards of $200 million when he died. Scalish had the Vegas skim money coming in every month. Russell Bufalino had it all to himself up in Scranton, no kids, didn't live an extravagant lifestyle. Gabriel Mannarino and John LaRocca from Pittsburgh were both said to be worth over $150 million when they died, most of the money coming from the Sans Souci Cuban Casino back in the 1950's and a lot of gun running to Cuban Nationals during the late 1950's and early 1960's. I personally think it is hard to determine the net worth of a mob figure, unless they had a legitimate business portfolio. Paul Castellano was extremely wealthy, had many legitimate corporations, and came from money back in the old country.


The articles you posted a while back that referred to all of the money that Calautti washed for the 'rust-belt' bosses proves your point. The 10 or 20 million that was referred to in the article, is only a portion of the money laundered-probably one transaction.
Posted By: Wilson101

Re: Wealthiest Mafiosi of All Time - 10/01/13 10:21 PM

El chapo is supposed to be worth $2 billion, not 1. Pretty large difference
Posted By: Wilson101

Re: Wealthiest Mafiosi of All Time - 10/01/13 10:22 PM

According to forbes
Posted By: Wilson101

Re: Wealthiest Mafiosi of All Time - 10/01/13 10:23 PM

My mistake, actually just 1 b
Posted By: jonnynonos

Re: Wealthiest Mafiosi of All Time - 10/01/13 10:48 PM

I would imagine Capone. He had a spell there when he was the exclusive liquor supplier to Chicago and by proxy had a hand, likely, in the entire Midwest. I don't have the numbers at hand but he was at the time overseeing a veritable army.
Posted By: Dellacroce

Re: Wealthiest Mafiosi of All Time - 10/01/13 10:53 PM

Originally Posted By: jonnynonos
I would imagine Capone. He had a spell there when he was the exclusive liquor supplier to Chicago and by proxy had a hand, likely, in the entire Midwest. I don't have the numbers at hand but he was at the time overseeing a veritable army.


I think there was actually a thread not to long ago called "capones army", that had a pretty good list of people underneath Capone.
Posted By: jonnynonos

Re: Wealthiest Mafiosi of All Time - 10/01/13 11:02 PM

For some reason the number 3,000 keeps coming back to me. But I don't recall where I read that.
Posted By: Dellacroce

Re: Wealthiest Mafiosi of All Time - 10/01/13 11:19 PM

3000 seems high, but it depends on what they're referring to, like if they're talking all outfit members and associates plus all the people that worked in their beer factories and ran speakeasies and people located all over the Midwest connected to Capone, then I guess it could be possible to be close to that number, but I certainly am no expert.
Posted By: JCB1977

Re: Wealthiest Mafiosi of All Time - 10/02/13 07:59 PM

Thanks Silent...Vic was a financial genius and handled transactions for the Bufalino, Philadelphia, Pittsburgh, Cleveland and Youngstown faction of OC.
© 2024 GangsterBB.NET