Frank Lucas is an American drug dealer who operated in Harlem in the 1960s and 1970s. He was portrayed by actor Denzel Washington in the movie titled “American Gangster,” a movie which was released in 2007. Let’s find out more about how much is Frank Lucas’s net worth in 2018.
Frank Lukas was born on September 9, 1930, in La Grange, North Carolina. He was born to Mahalee (nee Jones) and Fred Lucas. He was raised in Greensboro, North Carolina. He was initially involved in petty crimes until he was taken under the leadership of Bumpy Johnson.
Frank Lucas married Julianna Farrait, a Puerto Rican. She has been hailed for 5 years for her involvement in her husband’s crimes. The couple has been married for more than 40 years. He has seven children. He was involved in an accident which cost him his legs. He now uses a wheelchair.
After the death of Johnson, he decided to work to break the monopoly held by Johnson. He traveled to Bangkok, Thailand. He eventually met Leslie “Ike” Atkinson, a U.S Army Soldier. Ike helped him to smuggle drugs.
According to him, they smuggled drugs in the coffins of dead soldiers. In an interview, he revealed that Ike made them put the drugs in the coffins of only heavy men. They would always make false bottoms for the coffins and put up to eight kilos of drugs. His gang was described as the most outrageous smuggling gangs ever. Considering the fact that he developed connections outside the United States and sold drugs in the States.
Lucas smuggled drugs with the help of his relatives. He trusted only them to deal with his business. He was arrested in January 1975, in his house in Teaneck, New Jersey. His house was raided by a task force made up of 10 agents. They found $584,683 hard cash.
He was convicted of drug violations. He was sentenced to 70 years in prison. He later provided evidence that led to over 100 arrests. He and his family were entered into the witness protection program in 1977. After spending 5 years in prison, his sentence was reduced to time served plus lifetime parole. He was released from prison in 1991.
He appeared in season 2 episodes 5 of “American Gangster.” He also appeared in the “American Gangster” episode of “Gangland.” He appeared along with Nicky Barnes.
Net Worth of Frank Lucas
Frank Lucas was quoted saying he has an estimated net worth of $52 million and he makes over $1 million daily. He had office buildings in Detroit and had apartments in several states including Miami, Chicago, Puerto Rico, North Carolina and Los Angeles.
He mentioned that the money was hidden in the Cayman Islands. However, all his assets were seized when he was arrested in 1975. He could not assess his off-shore accounts after his arrest. Frank Lucas currently has an estimated net worth of $1.5 million.
He was depicted in the 2007 film titled “American Gangster.” He was portrayed by Denzel Washington. Frank revealed that he was amazed by Denzel Washington’s performance. He, however, admitted that the film was highly dramatized and a majority of the story was not true.
The film was criticized for depicting Frank as “almost noble.” Several criticisms were leveled against the film including the fact that Denzel Washington was the direct opposite of Frank Lucas. Frank Lucas was described as violent, vicious and an illiterate while Denzel Washington was neither of them.
Generally, Frank Lucas expressed great excitement after the release of the film.