Mafia members earnings.

Obviously it differs given the individual but can anyone give an average earning of a modern day made man in one of NY's families?

What do they see out of it per annum?

former Lucchese acting boss and government witness Joseph DeFede reported that an average soldier in his family earned an estimated $40-50.000 a year. This is different for everybody, some are into drugs and gambling or whatever, Ralph Vito Perna is a Jersey Capo for the Luccheses and are believed to earn about 1 billion dollars over a 15-month period.

Bonnanos did well under Gigante, they had monopoly on most of the drug trafficking in america, only Gigante didn't share, and..oh well. Some Gambino ''rats'' says this about the Gotti regime;

Under John Gotti we had 20 capos and earned $100 million a year. Under Gotti Jr, we were down to 10 capos and $20 million a year.

I figure Gambino made a lot more than 100 mill.

Johnny_dio
If you believe that Ralph Perna made a billion dollars in a dream, never mind the real world, i have a few bridges to sell you. I certainly hope you are kidding.

It's all different. Some soldiers can be middle class and some can be making millions. That goes for really any viable family right now.


Those Genovese capos are most likely all millionaires in someway or another. Whether it's through their assets/businesses or stashed cash. Gambino capos too, even though they're generally more prone to indictment.

I think he's a kid. He's very naive at the very least.


Some captains become millionaires, but nothing is guaranteed. Rudy died last year. He kept his stripes right til the end and he left nothing behind at all. His family is broke.

Then you take a guy like Prisco. He was a skipper for close to twenty years before he got locked up for good. But he was never a monster earner. He didn't leave anything for his family either. Now granted, in his case a lot of money went for legal fees. But that's neither here nor there.

But the main reason these threads are futile is because there's no way of knowing for sure who has what. But a new thread on this topic pops up once a week anyway.

I'm telling you what I've read previously. And I doubt any of you are Mafia bookies, so who really knows?

Don't get insulted, but how old are you and where are you from?

There are some very knowledgeable posters on these boards. It's true that most of them are researchers, but so what?

But there are also members here that have knocked around the life a little bit. You're not going to meet a made guy here. But your contention that a bookie wouldn't be here is silly.

I'm 55 years old and I grew up around Arthur Avenue when the life was still going full force. And we have posters with similar backgrounds from other parts of the country.

Everyone's input is valuable and respected.

I think this is what poster Johnny Dio was referring to:

$2.2 billion in wagers, primarily on sporting events, during a 15-month period.

From that number (2.2B) and time frame (15 months), you can calculate the gang's income based on the average payout ratio of the bets.

Someone else here will have to finish the calculus because many of us just don't know the nuts and bolts of that industry.

What's a bookie?

Those are total bets, Alfa. Not total wins or losses. And that doesn't factor in any of the overhead, like paying your sheet writers. Never mind the fact that at any given time most bookmakers have at least 30 percent in uncollected debts. Those numbers are ridiculously inflated by the Feds and their stooge lackeys in the media.

Thanks

Wrong. Wrong. Wrong. Those articles are meaningless.

The only people who would know what they made is the bank. You're not factoring in who is on a half sheet. Who's on a quarter sheet. Who's running for ten percent. What's the cost PPH? Every book probably has 20-30 percent outstanding. I can go on and on and on and on and on.

What is a bookie?

No problem, Buddy .

Then factor in wagered! That's only the handle. Maybe they only won ten percent of the handle. Then factor in what I wrote above. Then factor in 15 things I didn't write above. It's a rabbit hole and unless you're living it daily you won't know.

PB. Why do I bother. I'll just let you run with it. Go Gators

food stamps. lil al said he had some great section 8 apartment in lil Italy.

that billion dollars is probably the estimated revenue for the whole time period, its not what they grossed im assuming they never made even made that much revenue anyways, these numbers are so out of wack.

Thats like saying i did 2 million in sales last year and still made 2 million in net earnings,,, it doesnt work like that.
The media and the fbi ESTIMATE what the total amount bet through a gambling operation was plus its always grossly inflated.
Ralph Perna does not have more money than Mick Jagger, Bruce Springsteen, and Tiger Woods combined.

gators behind now 21-16, I hope they win, if they do it will save the coaches job.

haha!

I try to root for the Florida college teams whenever possible. But man, it's like a religion down there. Jesus and football. And not necessarily in that order .

At $2.2 billion, even at a 3% profit that's $66 million over 15 months. Was that split between 20 guys or 100 guys?

Shhhhhh!

A well read wiseguy.



Hey, had to be said. You asked twice

I am 24, born in Naples, moved to Jersey when I was 12, wasn't really good at school but my English quality depends on my mood, I noticed you commented it on an earlyer post of mine, but I was fascinated by the mob as a young kid. When I was 16 I meet a girl who knew a few pot dealers and I got connected to them and bought a few grams with the little cash I had, I sold it to some wannabe-alcoholic tough-guys at school and felt like a true Gangster. Once me and my friend tried to walk in to a well known ''Mob Social Club'' when we were at a party in Brooklyn. We weren't allowed inside though, but I fell into contact with some Irish guys from Hells Kitchen and got beat up pretty bad and sentenced to 18 months for possession, after that I grew a brain and got a job. Still seems tempting to join the life, especially since I am Italian you know. But after reading a lot of your posts about how the life is bad and at the beginning it's all about you taking the blame for the old guys, it doesn't seem that glamorous. I really look forward to read the bullshit comments about how this is fake.

I'm not judging you, kid. It actually sounds somewhat believable. Except for the part about the Irish in Hell's Kitchen. Because that neighborhood has been gentrified for at least the past fifteen years (which would have made you nine years old and living in Italy when the gentrification started).

But welcome to the boards .

Hells kitchen has been gentrified since 1990. Beat up at by some irish kids? You sure you you were'nt at a frat party at NYU and took a beating from a frat guy drinking an irish beer????
Whats next ? He dated an italian girl from east harlem?

Don't bust his balls, Belmont. Johnny's been working behind the scenes to get Jimmy Coonan sprung from the clink. They're gonna take back 10th Avenue together.

Thanks for the advice PB, he knows a bunch of italian street gangs from the lower east side.

Yeah, they're also rebuilding. They have all queens on Saint Mark's Place scared out of their panties.

Just sent you a pm.

Joe Valachi reported at the Senate hearings that he made ~$150k/year during WWII on stolen and counterfeit ration stamps, but his earnings dropped dramatically after the war.

I think some Mob guys make out. But probably more are like that scene in "Donnie Brasco," where they're reduced to busting open parking meters.

And what the hell would they do now, TB?

Featherstone and Beatty are out, maybe they should reform the Westies and take Hell's Kitchen for the Irish. lol

Didn't know that 'bout hells kitchen, but they were a bunch of irish goons, I promise you that. I have a scar on the left side of my head, they cracked it open when busting my head against the sidewalk.

It's futile to talk specific dollar amounts but the average made guy seems to be more or less middle class, with a minority on either end of the spectrum, i.e. some very rich, others broke.





The $2.2 billion was simply the amount of wagers transacted over the 15 month investigation. That's all law enforcement said. If the media then says the Luccheses "took in" or "made" that much, thereby insinuating it was all profit, that's not the government's fault.

That's fair enough, Ivy. As long as you agree that someone sensationalizes those figures. Media, law enforcement, whoever. I'm just a humble Bronx guy. They all look alike to me, buddy .

Ok Ivy. Now that we both agree it's was wagered. How much did they clear? Because that was the ?

By my southern sophisticated calculations I come to the total profit of $157.28

Union or Confederacy?

Every mob guy that made a good living always had something legit as well. You may have a few exceptions but if you only rely on scores, you will be your lawyers best customer.

Why, I say, I say...sittin' here in this rocking chair we're gonna have to go with the southern confederacy my Yankee friend.

Amen to that. Especially today. If you're twenty years old and you think you're gonna live on a half sheet for the rest of your life, you're in for a rude awakening.

the guy lenny d. getting his bail revoked from selling knock off nfl gear. guys probably millionair selling bootlegs nice.

Who diMaria?

If that's true it's news to me. Because it's not like he wasn't well off before. Lenny and Tony Pep had Florida practically all to themselves before Vinny Artuso headed south. And even afterwards they all got along well. But being in the same family makes things that much easier.

There's probably literally 3 old school neighborhood bars even left in Hell's Kitchen (Dave's Tavern, Port 41 Pub, Holland Bar, ETC). There are Starbucks in Hell's Kitchen now for crying out loud, I am quite familiar with Hell's Kitchen as I ride the Port Authority bus into the city everyday for work from Jersey and let me tell you there is absolutely 0 Irish guys left from the neighborhood. I will talk to some of the old timers from the neighborhood in the Hell's Kitchen bars when they come back to the neighborhood from wherever they live now (Sometimes my bridge and tunnel self needs a drink before my daily commute) and they all tell me the same thing- They made bank$$$ selling the places they lived in growing up in Hell's Kitchen when gentrification hit Hell's Kitchen in the 90s.....

Now this is comedy gold.

I think you mean Colombian Gold.

Yeah, I guess when he read "The Westies" he didn't notice that they haven't updated the ending since 1989. You know, before the West Side of Manhattan turned into Disneyland.

My favorite part was when he sold a few nickel bags worth of pot to wanna be alcoholic tough guys (whatever that means) and that is the act that made him feel like a true gangster.

When he got knocked for possession of a few grams of pot, they binged him for 18 months for a first timer.

I am waiting for part 2 of this classic story. Probably includes a story of him taking over the crafts room in jail with other eye-talians and hanging an "Italians Only" sign outside.

If you really want to have a laugh, go over to that unsocial gangster thread, where he tries to get into Tony Soprano's home life. Like he was a real fucking person .