Business

Michael Franzese Net Worth

Michael Franzese Net Worth 2018: Wiki, Married, Family, Wedding, Salary, Siblings

Michael Franzese net worth is
$1 Million

Michael Franzese Wiki/Biography

Michael Franzese was born on the 27th May 1951, in Brooklyn, New York City USA of American and Italian descent. Better known by his nickname Yuppie Don, he is a former mobster, a member of the Colombo crime family, who was involved in the gasoline tax rackets during the 1980 s. At the present time, he works as a philanthropist and motivational speaker.

So, have you ever wondered how rich is Michael Franzese, as of early 2016? It has been estimated by authoritative sources that the overall size of Michael’s net worth is currently $1 million. The main source of this amount of money has apparently been his career as a mobster, however, he has increased his wealth with the publishing of his autobiographical book, and assuming the career of motivational speaker.

Michael Franzese Net Worth $1 Million

Michael Franzese was raised in New York, the son of John Franzese, a Colombo crime family underboss. After matriculation, he enrolled at Hofstra University, but he did not graduate, as he quit education as early as 1975, and his career began when he decided to take care of his father and Colombo family operations. Within five years, he became the capo regime of the Mafia family.

His role quickly rose, and so did his net worth, some of his biggest operations including selling millions of gallons of oil to the Russian Mafia. The family would keep the money, while also collecting the state and federal gas taxes. In addition, they often sold gas at lower prices than at gas stations.

To speak further of his accomplishments, Michael is a co-founder of Motion Picture Marketing, alongside Norby Walters. The two signed several stars to their agency, including Michael Jackson and his brothers among others, which also increased Michael’s net worth.

However, it all ended in 1985, when he was charged on several counts of racketeering and extortion. At that time, he was listed as No. 18 on Fortune Magazine’s Fifty Most Wealthy and Powerful Mafia Bosses as of 1986. Eventually he was sentenced to ten years in federal prison, and $14 million fine in restitution money. In 1987, he decided to leave the Colombo family, and Mafia life behind him, which resulted in a release from prison on parole in 1989. However, he returned to prison in 1991 after breaking his parole, and was released in 1994.

After prison, he started the Breaking Out Foundation, which is focused on education and empowerment of youths who are facing life challenges, including gambling, drug and alcohol addiction. He became a motivational speaker, and so far has made over 400 public appearances on college campuses, at church services, and Christian conferences, among many others. In 1992, he also published an autobiography, entitled “Quitting The Mob”, which sales have also added to his net worth.

Furthermore, Michael has also been interviewedby several Networks and shows, including ESPN, HBO, Nat Geo, The Savage Nation, Jim Rome Show, and MSNBC, among others. He has appeared in a six-part mini series entitled “Inside The American Mob” (2013) on the National Geographic Channel, and was featured in a two-part documentary about the American mafia, which also added to his net worth. Regarding his personal life, Michael Franzese has been married to Camille since 1985. They are the parents of four children and their current residence is in Los Angeles, California.


Full NameMichael Franzese
Net Worth$1 Million
Date Of Birth1951-03-27
Place Of BirthBrooklyn, New York, U.S.
ProfessionProducer, Writer, Miscellaneous Crew
EducationHofstra University
NationalityAmerican
SpouseCamille Garcia
ChildrenJulia Marie Franzese, Amanda Franzese, Miquelle Franzese
ParentsJohn Franzese, Cristina Capobianco-Franzese
SiblingsJohn Franzese Jr., Lorraine Franzese
Facebookhttp://www.facebook.com/michaelfranzese
Twitterhttp://www.twitter.com/michaelfranzese
IMDBhttp://www.imdb.com/name/nm0291882
MoviesKnights of the City
#Fact
1Former Columbo crime family captain.
2Son of Sonny Franzese.

Producer

TitleYearStatusCharacter
Step Sista!!!2017executive producer announced
Dance Angels2016Producer
Knights of the City1986executive producer
Savage Streets1984executive producer
Mausoleum1983executive producer

Writer

TitleYearStatusCharacter
God the Father2014Documentary

Miscellaneous

TitleYearStatusCharacter
Guardian of Hell1981presenter: USA - uncredited

Self

TitleYearStatusCharacter
WGN Morning News2016TV SeriesHimself
Praise the Lord2015TV SeriesHimself
God the Father2014DocumentaryHimself
Happening Now2013TV SeriesHimself
The Sit Down with Michael Franzese2013TV Mini-SeriesHimself - Host
Quite Frankly with Stephen A. Smith2006TV SeriesHimself
Rome Is Burning2006TV SeriesHimself

Known for movies


Source
IMDB Wikipedia

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