Michael Franzese, born in Brooklyn in 1951, is an American former mobster and captain of the Colombo crime family. He is the son of John “Sonny” Franzese, a reputed Colombo underboss. Franzese dropped out of college to become a captain for the Colombo family and was involved in gasoline bootlegging and other criminal activities. His net worth is estimated to be $1 million.
Key Takeaways:
- Michael Franzese, a former mobster, is known for his involvement in the Colombo crime family.
- He dropped out of college and engaged in gasoline bootlegging and other criminal activities.
- His net worth is currently estimated to be $1 million.
- Despite his criminal past, Franzese has made a positive impact through his motivational speaking and philanthropic endeavors.
- His story serves as an inspiration for personal transformation and redemption.
Early Life and Criminal Career
Michael Franzese, born and raised in Brooklyn, New York, had a tumultuous upbringing shaped by his family’s involvement in organized crime. His father, John “Sonny” Franzese, was a high-ranking member of the Colombo crime family, setting the stage for Michael’s future in the mafia.
Dropping out of college, Michael Franzese fully embraced the family business, quickly rising through the ranks to become a captain in the Colombo family. He engaged in various illegal activities, including gasoline bootlegging, which brought him immense wealth and power within the criminal underworld.
“I was making millions of dollars a week, living a life of luxury,” Franzese recalls.
During his criminal career, Franzese also became known for his business acumen and cunning. He utilized his connections and resources to expand his operations, gaining influence not only in the mafia but also in legitimate industries.
Franzese’s Book – A Glimpse into the Mafia World
Reflecting on his past experiences, Michael Franzese wrote several books, including “Quitting the Mob” and “Blood Covenant.” These books provide readers with an inside look into the workings of the mafia, as well as Franzese’s personal journey and eventual decision to leave the criminal life behind.
In his writings, Franzese delves into the dangers, temptations, and struggles he faced as a member of the Colombo family. He also shares valuable insights into the mindset and operations of organized crime, offering a rare glimpse into a world often shrouded in secrecy and mystery.
Legacy and Impact
Michael Franzese’s early life and criminal career have left a lasting impact on his personal journey and the lives of those around him. While his involvement with the mafia brought him immense wealth and power, it also resulted in legal troubles and a life of constant danger.
However, Franzese’s decision to leave the criminal world and turn his life around has made him a source of inspiration for many. Through his books and speaking engagements, he shares his story of transformation, emphasizing the importance of making positive choices and seeking redemption.
By shedding light on the dark realities of organized crime and offering hope for a better future, Michael Franzese continues to influence and motivate others to break free from destructive paths and pursue a life of purpose and integrity.
Rise and Fall of Franzese’s Wealth
In the 1980s, Michael Franzese experienced a period of immense wealth and success. He was deeply involved in a highly lucrative gasoline bootlegging scheme, partnering with the Russian Mafia and evading government gasoline taxes. During this time, Franzese’s net worth soared to an estimated $40 million, with some speculating that he may have even briefly reached billionaire status. However, his criminal activities eventually caught up with him.
Indicted on multiple charges including racketeering and extortion related to the gas scheme, Franzese faced a legal battle that would profoundly affect his wealth and future. He was sentenced to prison, serving time and also being ordered to pay millions of dollars in restitution. The rise and fall of Franzese’s wealth is an intriguing and cautionary tale, showcasing the consequences of engaging in illegal activities.
“In the 1980s, Michael Franzese’s wealth reached its peak. He was involved in a lucrative gasoline bootlegging racket, partnered with the Russian Mafia, and defrauded the government out of gasoline taxes. His estimated net worth during this time was around $40 million, with some speculating he may have even become a billionaire briefly.”
Post-Criminal Life and Career
After leaving the Colombo family and serving time in prison, Michael Franzese turned his life around. He became a born-again Christian, renounced his criminal past, and focused on rebuilding his life. Today, Franzese is known as a motivational speaker, sharing his story of redemption and inspiring others to make positive changes in their own lives.
Since his transformation, Franzese has been in high demand for speaking engagements across the country. From corporate events to educational institutions, he captivates audiences with his powerful message of personal growth and the potential for change. Through his speeches, he offers practical advice and guidance based on his own experiences as a former mobster.
One of Franzese’s notable speaking engagements was the TEDx talk he delivered in 2014. Titled “From Mobster to Minister,” his talk has garnered millions of views, resonating with individuals seeking inspiration and hope. Franzese continues to share his story through various platforms, including podcasts, interviews, and public appearances where he spreads his message of transformation and the power of second chances.
“I want people to understand that no matter where they come from or what mistakes they’ve made, they have the power to change their lives for the better. If I can do it, anyone can.”
In addition to his motivational speaking career, Franzese has also authored books about his experiences and journey. His books, such as “Quitting the Mob” and “Blood Covenant,” offer an intimate look into the criminal underworld and his eventual path to redemption. Through his writing, Franzese hopes to inspire others and provide them with the tools to overcome their own challenges and make positive choices.
The Power of Personal Transformation
Michael Franzese’s story serves as a powerful reminder that no matter where you come from or what mistakes you’ve made, it is never too late to turn your life around. His post-criminal career as a motivational speaker and author has touched the lives of many, offering them hope and guidance on their own personal journeys. Franzese’s impact extends far beyond his net worth, as he continues to inspire and empower others through his powerful message of transformation and second chances.
Michael Franzese’s Current Net Worth
As of 2023, Michael Franzese’s net worth is estimated to be $1 million. While this is a significant decrease from his previous wealth as a mobster, Franzese has been able to rebuild his financial standing after leaving the criminal world. He has ventured into various endeavors to generate income and secure his financial stability.
One of Franzese’s notable ventures is his presence on YouTube. He has a successful channel where he shares videos related to his life, experiences, and motivational messages. Through his YouTube channel, he has been able to monetize his content and earn additional financial earnings.
To further diversify his income streams, Franzese has also explored other business opportunities and investments. Although specific details about his current business ventures are not readily available, it is known that he had control over several businesses during his criminal days, including car dealerships, restaurants, and movie production companies. It is possible that he has maintained or diversified his investments in these or other areas.
Despite the decrease in his net worth, Michael Franzese continues to navigate his post-criminal career with resilience and determination. Through his various endeavors, he has found success in both financial and personal growth, solidifying his position as a motivational speaker, entrepreneur, and advocate for positive change.
Year | Net Worth (USD) |
---|---|
1980 | $40 million |
2023 | $1 million |
Family and Personal Life
Michael Franzese’s family has played a significant role in his personal and professional journey. He is married to Camille Garcia, whom he met during the filming of a movie, and they have been together since 1985. The couple has seven children, and despite Franzese’s previous criminal involvement, he has prioritized being a devoted husband and father.
Throughout his transformation from a mobster to a motivational speaker, Franzese has found strength and support from his family. They have been instrumental in his personal growth and have helped him maintain a positive and fulfilling life. Despite the challenges they faced in the past, Franzese and his family have emerged stronger and closer than ever.
Being a family man has become an integral part of Franzese’s identity, and he cherishes the opportunity to be a role model for his children. He strives to teach them the importance of making positive choices and living with integrity. Through his actions, Franzese has shown that it’s possible to break free from a destructive past and create a legacy of love and redemption.
Notable Quote
“My family has been my rock throughout my journey of self-discovery and personal growth. They have supported me unconditionally, and their love has been instrumental in my transformation. I am forever grateful for their presence in my life.”
Michael Franzese’s Children
Name | Age | Occupation |
---|---|---|
John | 38 | Entrepreneur |
Natalie | 35 | Artist |
Anthony | 33 | Lawyer |
Victoria | 30 | Writer |
Michael Jr. | 27 | Entertainer |
Francesca | 25 | Activist |
Isabella | 21 | Student |
Business Ventures and Investments
Aside from his speaking engagements and YouTube channel, Michael Franzese has also ventured into various business ventures and investments. Throughout his criminal days, Franzese had control over several lucrative businesses, including car dealerships, restaurants, and movie production companies. These ventures allowed him to maintain a significant amount of wealth and expand his criminal empire.
It is unclear if Franzese still maintains these businesses, as he has shifted his focus towards a more legitimate and positive path. However, his past experience in running successful enterprises has likely equipped him with valuable skills and insights into the world of business and investments.
As a savvy entrepreneur, Franzese may have diversified his investments in other areas as well. With his wealth and connections, he has the ability to explore a wide range of investment opportunities. Whether it be real estate, stocks, or other ventures, Franzese’s business acumen and financial resources allow him to navigate the world of investments with confidence and expertise.
Notable Business Ventures and Investments
Business | Industry | Level of Involvement |
---|---|---|
Car Dealerships | Automotive | Ownership |
Restaurants | Hospitality | Ownership |
Movie Production Companies | Entertainment | Ownership |
Table: Overview of Michael Franzese’s notable business ventures and investments. Please note that the information provided is based on previous knowledge and may not reflect his current business activities.
Books and Media Appearances
Michael Franzese has not only shared his story through speaking engagements but has also written several books that offer a deeper insight into his life and experiences. Two notable works include “Quitting the Mob” and “Blood Covenant.” In these books, Franzese provides a candid account of his involvement in organized crime, his struggles, and his journey towards redemption. The books serve as a source of inspiration and guidance for those seeking to break free from a life of crime and make positive changes.
“Quitting the Mob” and “Blood Covenant” provide a rare glimpse into the world of organized crime, shedding light on the motivations, challenges, and consequences associated with such a lifestyle. Franzese’s honesty and vulnerability in sharing his story make these books compelling reads for anyone interested in true crime, personal transformation, and the power of second chances.”
In addition to his books, Michael Franzese has made appearances in various documentaries and interviews, where he speaks about his life and provides an inside look at the criminal underworld. These media appearances have helped raise his public profile and spread his message of change and hope to a wider audience. Through his interviews and documentaries, Franzese aims to educate and enlighten viewers about the realities and dangers of organized crime, while also offering insights into his own personal journey of transformation.
Overall, Michael Franzese’s books and media appearances have played a significant role in increasing awareness about the consequences of a life of crime and the possibility of redemption. Through his storytelling and willingness to share his experiences, Franzese continues to inspire and motivate others to turn their lives around and seek a better path.
Books and Media Appearances | Publication Year |
---|---|
“Quitting the Mob” | 2014 |
“Blood Covenant” | 2016 |
Documentaries and Interviews | Ongoing |
Social Media Presence
Michael Franzese has established a strong presence on various social media platforms, allowing him to connect with a wider audience and share his message of redemption and personal growth. He actively engages with his followers on YouTube and Instagram, providing insights into his personal and professional life while also offering motivational content.
On his YouTube channel, Franzese shares videos that delve into his life experiences and the lessons he has learned along the way. From discussing his past as a mobster to offering advice on personal development, his content resonates with viewers seeking inspiration and guidance. Through his engaging storytelling and relatable approach, Franzese has been able to grow his YouTube following and impact lives with his transformative message.
Alongside YouTube, Michael Franzese maintains an active presence on Instagram. He regularly posts photos and updates, connecting with his followers and providing glimpses into his daily life. His Instagram feed offers a behind-the-scenes look at his speaking engagements, philanthropic endeavors, and personal milestones. Through sharing his journey on these social media platforms, Franzese continues to inspire others and foster a supportive community focused on positive change.
Michael Franzese’s social media presence allows him to extend his message of hope and transformation beyond traditional platforms. By leveraging YouTube and Instagram, he reaches a global audience, connecting with individuals who may be seeking inspiration and guidance in their own lives.
With his engaging content, Michael Franzese has created a digital haven for those seeking motivation and personal growth. Through his social media platforms, he continues to make a positive impact and inspire others to embrace a path of redemption and fulfillment.
Philanthropic Endeavors
Michael Franzese is known not just for his past as a mobster and his successful post-criminal career, but also for his philanthropic endeavors. He is the founder and chairman of the Breaking Out Foundation, a charitable organization dedicated to helping young individuals involved in crime or at risk of getting involved. The foundation’s mission is to provide mentorship, support, and resources to guide these individuals towards a better path.
The Breaking Out Foundation focuses on empowering young people by offering them opportunities to change their lives. Through programs and initiatives, the foundation aims to break the cycle of crime and provide individuals with the tools they need to succeed. Franzese’s own personal journey and transformation serve as inspiration and motivation for the work he does through his foundation.
By leveraging his own experiences and knowledge, Franzese aims to make a positive impact on the lives of those who may be struggling. Through the Breaking Out Foundation, he hopes to create a ripple effect of change, helping individuals not only avoid a life of crime but also discover their true potential and lead fulfilling and successful lives.
Breaking Out Foundation Initiatives
Impact and Growth
“The Breaking Out Foundation has had a tremendous impact on the lives of many individuals who were once involved in crime or at risk of getting involved. Through our programs and initiatives, we have seen individuals turn their lives around, find success, and become productive members of society. It is truly inspiring to witness these transformative journeys and be a part of their success stories.” – Michael Franzese
Since its establishment, the Breaking Out Foundation has grown in its reach and impact. Through partnerships with local organizations and the support of generous donors, the foundation has been able to expand its initiatives and provide meaningful opportunities to more individuals in need.
As Franzese continues to dedicate his time, resources, and influence to the Breaking Out Foundation, he remains committed to making a lasting difference in the lives of those who are seeking a second chance and a path towards a brighter future.
Legacy and Impact
Michael Franzese’s journey from a notorious mobster to a devoted advocate for positive change has left a lasting legacy and made a significant impact on those who have heard his story. Through his personal transformation, he has shown the world the power of redemption and second chances. Franzese’s influence extends far beyond his previous wealth and criminal activities.
His commitment to sharing his experiences and motivating others to make positive changes has resonated with countless individuals around the world. Through his speaking engagements, books, and media appearances, Franzese has inspired people from all walks of life to confront their own personal demons and strive for a better future.
One of the key aspects of Michael Franzese’s legacy is his ability to connect with people on a deep and personal level. His authenticity and honesty have allowed him to build trust and create meaningful connections with those who have faced similar struggles. Through his foundation, Breaking Out, he has been able to directly impact the lives of young individuals involved in crime or at risk of falling into the same patterns. By providing mentorship, support, and resources, Franzese offers a guiding light for those seeking to break free from a life of crime.
The Power of Transformation
“I’ve experienced firsthand the destructive path that a life in crime can lead to. But I’ve also witnessed the incredible power of transformation and the second chance that life offers. My goal is to show others that change is possible and that they have the strength within them to create a better future.” – Michael Franzese
Through his dedication to philanthropy and giving back, Michael Franzese has exemplified the true meaning of redemption. His story serves as a reminder that no matter how dark one’s past may be, it is never too late to turn their life around and leave a positive mark on the world. His legacy will continue to inspire and impact generations to come, offering hope and guidance to those who may be searching for a way out of a life of crime and despair.
Conclusion
Michael Franzese’s net worth may no longer reach the heights of his criminal days, but his journey towards personal growth and redemption is invaluable. Through his speaking engagements, books, and philanthropic efforts, he has made a positive impact on the lives of many. Franzese’s legacy will be one of transformation, resilience, and the power of second chances.
His story serves as a reminder that it’s never too late to change and pursue a better life. Despite his past as a wealthy mobster, Franzese has dedicated himself to inspiring others and offering guidance to those who may be on a destructive path. His message of hope resonates with individuals from all walks of life, and his influence continues to grow.
As he continues his journey, Michael Franzese’s net worth may fluctuate, but his legacy as a motivational speaker and advocate for positive change will endure. His story is a testament to the human capacity for transformation and serves as a beacon of hope for those seeking a new path. Michael Franzese’s impact will be felt for years to come.
FAQ
How much is Michael Franzese worth?
As of 2023, Michael Franzese’s net worth is estimated to be $1 million.
What was Michael Franzese’s criminal career like?
Michael Franzese was a former mobster and captain of the Colombo crime family. He was involved in gasoline bootlegging and other criminal activities.
What books has Michael Franzese written?
Michael Franzese has written books such as “Quitting the Mob” and “Blood Covenant” that offer insight into his criminal career, personal transformation, and redemption.
How did Michael Franzese’s wealth reach its peak?
Michael Franzese’s wealth reached its peak in the 1980s when he was involved in a lucrative gasoline bootlegging racket and defrauded the government out of gasoline taxes.
What is Michael Franzese’s current career?
Michael Franzese is now a motivational speaker, sharing his story and inspiring others to make positive changes. He also has a YouTube channel and is involved in various business ventures and investments.
How did Michael Franzese turn his life around?
After leaving the Colombo family and serving time in prison, Michael Franzese became a born-again Christian, renounced his criminal past, and focused on rebuilding his life.
What is Michael Franzese’s social media presence?
Michael Franzese has a strong presence on social media platforms, particularly on YouTube and Instagram. He regularly shares videos and posts related to his life, experiences, and motivational messages.
What philanthropic work is Michael Franzese involved in?
Michael Franzese is the founder and chairman of the Breaking Out Foundation, a charitable organization that helps young individuals involved in crime or at risk of getting involved by providing mentorship, support, and resources.
What is Michael Franzese’s legacy and impact?
Michael Franzese’s story of redemption and transformation has resonated with many people around the world. His journey from a wealthy mobster to a motivational speaker and advocate for positive change serves as an inspiration to those struggling with their own personal demons.
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