Nobody really talks about him which shows how smart he was but some estimates have Angelo Ponte worth $500 million .

He was either a Genovese associate or made man , owned one of biggest garbage haulers in NYC ( probably still have some in NJ ), are by far the biggest land owners in Tribecca and owns a few restaurants ( Ponte's and Bareli's, both very good and still hangout outs for the boys ) . His grandson got married last year ( sick set up ).

Now I know alot of guys have made alot of $ , but $500M has got to be one of top ever, very impressive

Hes under franco i think. Makes sense they are both rich as fuck

according to the fbi and irs, the gas tax scammers were stealing over one billion dollars per year. the mafias cut was est at $250 million per year. the colombos and genovese were the first families to get a cut from the russians.

Someone has seen Donnie brasco a little too much it's a movie not one hundred percent fact

According to Raab in Five Families, it was actually $80-100 million a year for over a decade (1980's into early 1990's.)

Ivy, Some of the figures being thrown around here are way, way exaggerated into non reality. Thanks for giving a realistic number based more on facts.
How did this gas tax racket exactly work? Never heard of anyone doing it in Chicago? Please explain if possible. Thanks.

Here's how Raab basically described the "gasoline bootlegging" racket -

A new New York state law in the late 1970's or early 1980's gave the responsibility for paying the taxes to the final wholesaler who actually delivered the fuel to the retail gas chains. They figured this was easier to do instead of collecting them from all the gas stations themselves. The excise and sales taxes amounted to about 30 cents per gallon in the 1980's. The Russians, and later their LCN partners, formed "daisy chains" that supposedly transferred gasoline supplies to one another. There would be a sequence of paper transactions among five or six companies, although no exchanges actually occurred. To escape detection when state or federal authorities came looking for overdue taxes, a dummy or "burn" company was always listed on the transfer records as the one making the final sale to retail stations and collecting the taxes. Of course, the company never existed and was just used to bewilder the tax collectors. The Russians/LCN actually delivered the gasoline but kept the taxes for themselves.

Gas casso in his testimony on Russian organized crime stated that In the early 1980s the familys were receiving 500k a month from the Russians. This was initially split between the luchesse, Genovese and Colombo families. Later in the 1980s the scheme was expanded and the gambino family was brought in with tony pep and Anthony morelli , who were already extorting gas stations on long island.

Yes i know the scam was immensely profitable, but i was just talking about what Franzese walked away with. What makes me wonder is that the same FBI and IRS guys who came up with those total numbers for the scam set Franzeses restitution at 14 mil. The gov isn't known to lowball numbers in favor of anyone, usually it's the complete opposite and they try to stick you with the highest number they can.

Carmine Lombardozzi, I believe was the biggest earner of all time.

I'm recalling a mobster who fled to the West Coast to escape meeting with Anthony Casso and was killed..he was a Lucchese. Anyone remember who he is?

Anthony Dilapi

I'm curious about Jerry chilli as an earner for some reason. How much money was/is he making a year in your estimation? I heard he's in jail now. Is he ever going to be in contention for boss or a spot on the ruling panel when he gets out?

Carmine lombardozzi spent very very little time in prison also. Both him and Carlo gambino beat the Feds. Obviously Carlo more so than Carmine.

Sal Caruana

The big-time heroin guys (that did not die in prison) probably made the most money. Next, I would go with Anthony "Fat Tony" Salerno. BTW, I never liked that nick-name, he did not look very fat to me. Just short and stout like the proverbial teapot.

Jerry Chilli was never involved in any big-time rackets, mainly just gambling and loansharking. He's an old school guy who has been knocking around for a long time but I doubt he has a place in the administration anytime soon.

Does anyone ave an estimate of what carmine lombardozzi was making a year? I always felt al Capone made so much money because he didn't have to share too much of the money with any other families. There was only one family in Chicago, The Outfit. I wouldn't say he was one of the best bosses or anything. That's my opinion. I always felt that movies and television made him seem like a bigger and better boss than he really was. Same with john Gotti. I love the way they portray him on boardwalk empire though. It's a whole different side of al Capone that nobody is used to seeing on TV.

Got to think perspective and timing. Luciano, Capone, Joe B.

In a time where Italian OC controlled EVERYTHING and they were getting a piece of it all.

God knows how many crew's Luciano had kicking a piece up to him. Capone the same.

Dollar for dollar they must've been up there. Carlo G too.

Definitely, as stated above, Meyer Lansky.

What about Meyer lansky? How much was he making annually? He was worth $600 mil at the time of his death I believe. Who made more Lombardozzi or Lansky? I understand they used to call lombardozzi "The Italian Meyer lansky"

Nobody knew exactly what Meyer Lansky was worth. I believe I read somewhere that his wife & other immediate family members told the press/other sources that they were bankrupt-- that was obviously a lie.

Yeah! That was weird I think his daughter said he only left like $30,000 behind or something like that. And some stories came out that his wealth was overexaggerated by everybody. Which I doubt. I just think he did an amazing job at hiding his money. It's hard to believe that he didn't have hundreds of millions of dollars easy.

I'd be saying that too! I wouldn't want the FBI to take my illegitimate inherence.

Detroit, I know Meyer Lansky's grandson. He was involved in that Mob Experience thing in Las Vegas. You have to understand two things when it comes to money in Organized Crime. 1) People have a tendancy to throw around numbers and before you know it the numbers become WAY exaggerated into non reality. 2) The newspapers said at the time of his death he owned property and cash that was worth POSSIBLY $300 Million, not $600. Then, you have to take into account WHO was throwing around the big numbers AND MOST IMPORTANTLY, Lansky had several New York Mafia partners and other partners across the Country.
What does this mean? It means that if He owned A PIECE of something that was part of the Syndicate, when he died, it reverted back TO HIS PARTNERS, not his family. So, who knows how much money or property HE PERSONALLY HAD at the time of his death THAT WENT TO HIS FAMILY. He was worth PERSONALLY TENS OF MILLIONS over a 60 year carreer. I'll give you that much.

I saw somewhere that his net worth is $600 mil today. At the time of his death it was $300 mil.

Al Capone's figure of $105 Million turned out to be the GROSS estimate taken in from all his rackets in Chicago. From that figure you have to subtract 1) Cost of Goods 2) What the other men in his organization made 3) What he paid out for political protection.
Again, figures about money in Organized Crime (especially years ago) have to be taken with a grain of salt because you're never getting the complete story. The impression given is usually WAY exaggerated or inaccurate.

Dont forget Gambino capo Salvatore "Tore" Locascio n soldier Richard Marino. Their internet porn operation allegedly brought in hundreds of millions....I believe the estimate was $300,000,000 over the years they were actively scamming people with the dollar per day internet porn tours. Then they would keep on billing people the monthly membership fee, plus use people's credit cards to make purchases. Then you have all the regular, monthly members who spend $30-$40 on average for membership on various porn sites. It is a very, very lucrative business, far surpassing anything the old guys like Bonanno Mickey Zafarano could have ever imagined. The internet has given the mob an absolute huge legitimate business that rakes in the cash along-side gambling n drugs....not as big, but very, very sweet! The internet took porn outa the seedy adult shops n placed it right onto PCs, laptops, tablets n cellphones in bedrooms, livingrooms, offices, libraries (ya, you should see some of the weirdos u catch surfing porn in the library) n any place else that is private enuff. O.C. Groups from the Italians, Russians, Chinese, Japanese, etc. have placed internet porn as a priority....I mean each ethnic group adds their own flavor to the business n with all the "categories" of porn available, its a smorgasbord. The families n their members involved in internet porn are huge earners.

I believe I read that Lansky brother got most of his $ as his assets were in his name to hide the true ownership and I believe he had $30m left at his time of death.

I'm still going with Angelo ponte , his TriBeCa properties are worth several hundred million by some estimates ( they have sold very little properties which in hindsight made the family mega rich ). They are the most successful connected families that nobody has heard off.


http://therealdeal.com/blog/tag/ponte-equities/

I don't believe either Lanksy or Capone were personally worth anywhere near those figures posted in that thread. The $750 million taken from customers through the internet and phone cramming scams, run by the Gambino family's Locascio crew, is well documented but it's not like all of that money went into their pockets. The prosecution alleged something like $40 million was kicked up to the Gambino leadership as tribute after the guys actually involved in the scams took their cut. They all made a lot of money, and were able to pay huge fines, but it was much less than that total $750 million figure.

Ivy, agreed 110%. These articles about who made the most are ridiculous and full of huge exaggerations that become bigger than life the more different people talk about it. There are many unanswered variables involved EVEN AFTER ASSUMING the starting Gross figure is even close to being accurate.