Powerful Italian-American gangster John Gotti is also famous as the head of Gambino Crime Family of New York. Also famous as Teflon Don, John Gotti had a net worth of million dollars at the time of his death. Let’s find out how much is John Gotti’s net worth.
John Gotti was born on 27th October 1940 in South Bronx, New York. His father’s name was J. Joseph Gotti and his mother was Fannie who were Italian immigrants. His father works as a day labor and finds it pretty hard to run a family of 13 children. Gotti was fifth among them. Before settling in East New York, Gotti’s family moved a lot due to financial problems. At the time East New York was infamous for its youth gang activity.
Gotti started working for Carmine Fatico, who runs an underground club in the neighborhood at the age of 12. Gambino Family was the biggest among the five organized crime families in New York and Fatico was a captain in it. Gotti met his life-time mentor in the club, Aniello Dellacroce.
Fulton-Rockaway boys, a group known for their frequent car-jackings and robbery, made Gotti their leader. Gutti crushed his toes while stealing a cement mixer only at the age of 14. He was marked by the police as a low-level associate who works for the Fatico crew. He joined Franklin K. Lane High School but dropped out very soon.
Now Gotti was involved full-time with the crime. He was arrested for a lot of things like street fighting, public intoxication, and car theft. He was arrested 5 times before his 21st birthday.
Gotti married Victoria DiGiorgio in 1962 after she gave birth to their first child Angela and already pregnant for the second. Gotti tried some legitimate jobs for the family as an assistant to a truck driver or a presser in a coat factory but soon got bored and came back to the crime world.
He became one of the important members of the Gambino hijacking crew very soon. Gotti got the name “Teflon Don” as he fooled the FBI and went from court clear as the jury foreman fixed the verdict and FBI found it very late. In his Howard Beach neighborhood, Gotti was a hero.
Awards & Achievements
This section is blank as no society gives any award to a mobster. Though the movie ‘Gotti’made on the story of his life got some awards.
Net Worth of John Gotti
The Italian-American mobster earned his money through various crimes like kidnapping, extortion, hijacking, gambling, loan sharking, and racketeering. This member of Gambino Crime Family has an estimated net worth of around $10 million at the time of his death.
On 2nd April 1992, Gotti was finally convicted of murder and racketeering the Gambino family’s new underboss, Sammy Gravano testified against him by the pressure of FBI. Gotti also convicted for gambling, drug trafficking, extortion, and stock fraud. Gotti was sent to life-imprisonment without parole. Gotti died in jail with head and neck cancer on 10th June 2002.