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Re: Which Boss/Bosses would you most like to work
[Re: MiniMafiaBoss]
#491859
06/07/08 12:18 PM
06/07/08 12:18 PM
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Joined: Jul 2001
Posts: 22,902 New York
SC
Consigliere
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Consigliere
Joined: Jul 2001
Posts: 22,902
New York
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He made over $100million, that is a feat. He must have made more than $50million at least. ALL ABOARD.... NEXT STOP - $25 MILLION!
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Re: Which Boss/Bosses would you most like to work
[Re: DE NIRO]
#491866
06/07/08 12:26 PM
06/07/08 12:26 PM
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Joined: Jul 2001
Posts: 22,902 New York
SC
Consigliere
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Consigliere
Joined: Jul 2001
Posts: 22,902
New York
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All hard to guess hard much he made.. Very true. Even though I think Lacey was lowballing the number, I don't think Lansky was worth the $300 million I've seen others estimate.
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Re: Which Boss/Bosses would you most like to work
[Re: DE NIRO]
#491937
06/07/08 06:03 PM
06/07/08 06:03 PM
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Joined: Oct 2001
Posts: 19,528 AZ
Turnbull
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Joined: Oct 2001
Posts: 19,528
AZ
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Lansky was one of the very few gangsters to have a competent biographer--Robert Lacey. Lacey tracked down the $300M figure to Hank Greenspun, publisher of the Las Vegas Sun. Greenspun admitted that he'd heard the figure second-hand, and printed it because it was an impressive number. And so did every other writer. That's one of the reasons it's so tough to do research on gangsters. Lacey says Lansky was worth $5-6 million at his peak--not chickenfeed then or now, but hardly the stuff of $300 million. And he did die nearly broke. Lacey says the reason that Lansky lived to 81, and died peacefully, was that he wasn't as rich or powerful as most people thought, and thus never attracted the jealousy that's so often fatal in the Mob. "He was the accountant, not the boss," says Lacey.
Ntra la porta tua lu sangu � sparsu, E nun me mporta si ce muoru accisu... E s'iddu muoru e vaju mparadisu Si nun ce truovo a ttia, mancu ce trasu.
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Re: Which Boss/Bosses would you most like to work
[Re: Turnbull]
#491946
06/07/08 06:37 PM
06/07/08 06:37 PM
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Joined: Feb 2003
Posts: 15,022 Texas
olivant
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Joined: Feb 2003
Posts: 15,022
Texas
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I agree. From my readings, Lansky played an important mob role, but as some of us have posted elsewhere, Lansky didn't have troops. The mob determined Lansky's importance to it and it, in turn, gave him influence and put him in a position to ask it for favors.
Except for Cuba, I don't see him as an investor such as mob members were. So, no investment, no return on investment. Thus, no wealth beyond what Lacey notes. Also, by the 70s, his heyday appeared to be over and he was under government suveillance. So, no opportunity for investment.
Last edited by olivant; 06/07/08 06:39 PM.
"Generosity. That was my first mistake." "Experience must be our only guide; reason may mislead us." "Instagram is Twitter for people who can't read."
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Re: Which Boss/Bosses would you most like to work
[Re: olivant]
#491978
06/07/08 09:43 PM
06/07/08 09:43 PM
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Joined: Oct 2001
Posts: 19,528 AZ
Turnbull
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Joined: Oct 2001
Posts: 19,528
AZ
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Except for Cuba, I don't see him as an investor such as mob members were. So, no investment, no return on investment.
And even in Cuba, he wasn't a big investor. When Batista returned to power in 1952, he invited Lansky to run gaming because the previous operators were so crooked that tourists were staying away in droves, and Lansky had a reputation for giving the suckers a fair shake. But Lansky (and his brother Jake) came in on a salaried, not ownership, basis. Finally, he built the Havana Riviera with $11 million--$6M from Batista, the other $5M from an investment group that Lansky put together. Some of his own money was in the $5M, but not much--most of it was from others, like Santos Trafficante. The Riviera opened in 3/58 and made money from Day One. Then Castro closed it in 1/59. Sic transit Lansky and Cuba.
Ntra la porta tua lu sangu � sparsu, E nun me mporta si ce muoru accisu... E s'iddu muoru e vaju mparadisu Si nun ce truovo a ttia, mancu ce trasu.
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