C'mon man, $50 million a year he was taking home???? Fat chance, do you realize how much money that is tax free? Maybe the Genovese gambling operation "grossed" $50 million a year, but after paying off cops, paying out your numbers runners, paying out your bookmakers, paying off any other politicians for protection...the money goes fast. It's a business and there are tremendous expenses for those businesses. Most bookmakers "take home pay" or "net profit" is about 10% of the gross total of bets they take. For example, a guy who does $3 million a year bookmaking takes home roughly $300k. Where did you get that number, which source did you use?
That movie with chazz plaminteri about Paul castellano. I believe he said a number in that ballpark. I know it's not the most reliable source obviously but it's just based on the movie. And I saw on the internet a few times that the Gambino's at their peak were making half a mill a year or something like that. So that's when Carlo was boss though. I wonder what he did with his money. Does anybody know? He was obviously loaded. It says that his net worth is around 600 or 700 mil I think or something like that. How accurate that is idk.
