What is Michael Franzese’s net worth?
|Net Worth in 2024
|USD 1 million
|“the Yuppie Don”
|Brooklyn, New York, United States
|27 May 1951
|71 years old (as of 2024)
|5 feet 10 inches
|Mobster (former), Motivational Speaker, Writer
|Camille Garcia (m. 1985)
|Julia Marie Franzese, Miquelle Franzese, Amanda Franzese
|Sonny Franzese (Crime boss)
Who is Michael Franzese?
Michael Franzese also known as ‘The Yuppie Don’ is a 71 years old former mobster. As of 2024, Michael Franzese’s net worth stands at $1 million. He has worked as the ‘Caporegime’ of the Columbia crime family.
With a change of heart and circumstances, Michael later resigned from criminal activities and became an author, activist, and motivational speaker.
Michael Franzese is also the founder of the ‘Breaking out Foundation’, which helps young gangsters and youth who is on the path of crime.
Michael Franzese was arrested at the age of 35 in the year 1986 and stayed in prison till 1994.
Thereafter, he left the illegal path and became a writer and motivational speaker.
But how does all this fame and popularity convert into cold hard cash?
What sort of worth does this popular Writer make?
So, let’s dive deep to find out Michael Franzese’s net worth and how much this celebrity made his fortune.
Do you know how old and tall is he?
If you don’t know then you can go through this article about Michael Franzese‘s height, net worth 2024, age, sibling, income, family, and many more.
Early Life and Education:
Michael Franzese was born on May 27, 1951, in Brooklyn, New York, United States to parents Cristina Capobianco-Franzese and John ‘Sonny’ Franzese sr.
Michael’s father John was a crime lord in America and thus Michael was raised in an atmosphere consisting of illegal and criminal activities.
Although John never wanted his son to become a gangster due to circumstances and John being sentenced to 50 years imprisonment due to several bank robberies in the year 1970, lead to Michael choose the wrong path.
Michael has attended ‘Hofstra University.
How much is Michael Franzese’s net worth?
As of 2024, Michael Franzese has a net worth of 1 million dollars.
Franzese has himself stated that, during his career peak in crime and mafia, he has earned around 8 million dollars per week from his legal and illegal businesses.
How did Michael Franzese become rich?
Colombo Crime Family:
Michael Franzese got into contact with many of his father’s friends. Michal got to know Joseph Colombo the mafia boss of the Colombo crime family In the year 1975.
He was initiated in the family as a soldier and became the captain in the year 1980.
As a captain, Michael was in charge of a crew of 300 to 500 members. He had criminal dealings with the Gambino crime family.
Gasoline Bootlegging Racket:
Lawrence Salvatore and Michael Franzese set up 18 Panama-based stock-bearing companies.
He was doing the gasoline trade and was selling gas at lower prices than the market.
Michael was arrested in the year 1985 in the gasoline bootlegging racket for racketeering and extortion.
He was sentenced to 10 years in prison and was also asked to give 14 million in restitution payments.
In the decade of 1980s, Michael Franzese has started and flourished in many other endeavors including movie production, restaurants, nightclubs, car dealerships, video stores, and many more.
On the path of mafia to spirituality:
In the year 1987, Michael renounces the Colombo family while in prison.
He was released on parole in 1989 and once again faced a 4-year sentence in federal prison on December 27, 1991, for violating the probation rules at the time of his release in 1989.
Michael was released in 1994 and left the crime world the next year relocated to California with his wife and children.
Works as author and Motivation speaker:
In the year 1992, Michael co-wrote a book named “Quitting the mob” with Dary Matera in prison.
The book narrates Michael’s experiences as a mafia, his criminal pursuits, and his dealing with other mobsters in the USA.
In the year 2003, Michael published one more book titled “Blood Covenant” which is loosely based on his own life experience.
He is also a motivational speaker who has given numerous interviews regarding barring the youth on not choosing the path of the mafia world.
Michael Franzese managed to redeem himself and got the chance to choose a better life.
Michael Franzese has a net worth of 1 million dollars.
Who is Michael Franzese’s spouse/partner?
Michael Franzese is married to actress/dancer wife Camille Garcia. They met during the filming of the action/adventure film ‘Knights of the City.
The love was instant and the marriage happened in the year 1985. Camille played a major role in helping Michael leave the mafia world and his mobster identity.
Michael Franzese Kids:
Michael Franzese is the father of seven children. The information of his all seven children is not available on the web.
But here is the detail of the famous ones:
Julie Marie Franzese:
She is an actress known for her acting in movies like The Muppets, Dance Angels, and Born in Blood.
She is also the daughter of Michael and Camille.
She is also the daughter of Michael and Camille.
What movies did Michael Franzese produce?
As a Producer, Michael Franzese produces 4 movies.
- Dance Angels (producer)
- Knights of the City (executive producer)
- Savage Streets (executive producer)
- Mausoleum (executive producer)
Michael Franzese on Youtube
He has Joined Youtube on Jun 27, 2007, He has over 124,610,389 views and 1 million subscribers on his youtube channel as of 14 Jan 2024.
Click the link below to visit his Youtube Channel.
Channel Name: Michael Franzese
Books by Michael Franzese
List of most popular books by author Michael Franzese
- Blood Covenant: The Michael Franzese Story (March 2021)
- The Good, the Bad and the Forgiven (2009)
- Quitting the Mob (1992)
- I’ll Make You an Offer You Can’t Refuse: Insider Business Tips from a Former Mob Boss
- Blood Covenant: The Story of the Mafia Prince Who Publicly Quit the Mob and Lived
Michael Franzese’s Instagram Profile
You can view his latest videos and photos posted by him on his Instagram account (@michaelfranzese_).
As of 12 April 2024, he has made around 971 Instagram posts. He has More than 131K followers who regularly visited his Instagram account.
Visit his Instagram posts by clicking the link below:
As per our current Database, Michael Franzese is still alive. He is active on social media platforms such as Youtube and Instagram where he posts videos.
Michael Franzese has a height of 5 ft 10 inches or 175 cm tall.
Michael Franzese was born on May 27, 1951. As of Jan 2023, He is 71 years old.
As of 2023, Michael Franzese’s net worth stands at $1 million.
Michael Franzese got married to actress Camille Garcia in 1985.
What do you think about Michael Franzese’s net worth of 2024, Age, Wife, and Children? Comment below.