Al Capone also known as Scarface was an American crime boss, mobster, gangster, and businessman. The man rose to fame during the Probation era. He was not only the boss but also the founder of the Chicago Outfit. His tenure as a boss ended when he was 33. Capone has served the position for seven years. Let’s find out more about how much is Al Capone’s net worth.
Al Capone was born in 1899 on 17 January to Gabriele Capone and Teresa Capone as Alphonso Al Capone. Both his parents were Italian immigrants born in Angri, Province of Salerno. His birthplace was Brooklyn, New York City.
Capone had eight siblings namely Raffaele James Capone, Salvatore Frank, Ermino John, Ermina, Mafalda, Vincenzo Capone, Albert Capone, and Ralph Bottles.
In 1983, his family left Italy for Fiume, Austria-Hungary. Presently, the places Rijeka, Croatia. They finally settled on 95 Navy Street, Brooklyn. His father’s and mother’s careers were a barber and a seamstress, respectively. The family left for Park Slope, Brooklyn when Capone was 11 years old.
He is a school dropout from a parochial Catholic School. Al was only 14 years old and never proceeded further in studies. He was expelled for hitting a female in the face.
At the age of 19, he got married to Mae Josephine Coughlin. Being under the age of 21, his parents had to consent in writing to the marriage. Their wedding was held in 1918 on 30th December. A month earlier, they had welcomed their firstborn, Albert Francis Sonny Capone.
He landed in jail twice. In May 1932, he was imprisoned in Atlanta U. S. Penitentiary. He was 110 kg, and they diagnosed him with both gonorrhea and syphilis. His jail term in Alcatraz ended in 1939 on 23rd June. After that, he was transferred to the Federal Correctional Institution at Terminal Island, California. On 16th November 1939, Alphonse was paroled.
Initially, he was involved with small-time gangs such as the Bowery Boys and Junior Forty Thieves. Later, he joined Five Points Gang which was very powerful then and was based in Lower Manhattan. Also, he was a member of the Brooklyn Rippers. His mentor as well as employee was a bartender at Harvard Inn, Coney Island named Frankie Yale.
During one of his working days, Al insulted a woman. As a result of that, his brother Frank Gallucio slashed his face and the nickname Scarface emanated. He left for Chicago where he worked as a bouncer. Al became a boxing promoter which made him frequently appear in the newspapers.
At the age of 26, Torrio handed him over the leadership of the organization; He would be in charge of the illegal breweries and transportation network to Canada. Luckily, political as well as law-enforcement protection was guaranteed. Torrio had taken over Colosimo’s crime empire after he was murdered in 1920 on 11th May. Alphonse held the position until he was 33.
Awards & Achievements
No matter the fact that it was negative, Al Capone left a legacy. He is remembered for significant crimes. It is the St. Valentine’s Day Massacre which took place in 1929. He has been an inspiration for a lot of films and television series. Also, an outstanding style of wearing the fedora hat which had become a popular trend.
Net Worth of Al Capone
Al Capone had an estimated net worth of around $100 million. He had earned most of the money through illegal means as a gangster. Also, he worked as a bouncer in variously organized crime premises. Then, he became the boss of The Chicago Outfit. That is apposition he served for seven years which contributed significantly to the net worth that he had. The fact that he had also evaded taxes for some time too.
Al Capone was a gangster. The mention of his name still makes people who know or have heard about him tremble. He is still remembered for the St. Valentine’s Day Massacre. The event turned out to be his downfall. He was imprisoned, and it was never the same again. Al Capone died in 1947 on 25th January. He had been diagnosed with syphilis at its late stage. Al then suffered a stroke. Eventually, he succumbed to cardiac arrest at the age of 48.