Age, Biography and Wiki
Michael Franzese (Michael Grillo) was born on 27 May, 1951 in Brooklyn, New York, U.S., is an American former mobster. Discover Michael Franzese's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 72 years old?
Popular As |
Michael Grillo |
Occupation |
Mobster (former), speaker, writer |
Age |
72 years old |
Zodiac Sign |
Gemini |
Born |
27 May 1951 |
Birthday |
27 May |
Birthplace |
Brooklyn, New York, U.S. |
Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 27 May.
He is a member of famous former with the age 72 years old group.
Michael Franzese Height, Weight & Measurements
At 72 years old, Michael Franzese height not available right now. We will update Michael Franzese's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Michael Franzese's Wife?
His wife is Maria Franzese (first wife)
Camille Garcia (m. 1985)
Family |
Parents |
Sonny Franzese Cristina Capobianco-Franzese |
Wife |
Maria Franzese (first wife)
Camille Garcia (m. 1985) |
Sibling |
Not Available |
Children |
7 |
Michael Franzese Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Michael Franzese worth at the age of 72 years old? Michael Franzese’s income source is mostly from being a successful former. He is from United States. We have estimated Michael Franzese's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
former |
Michael Franzese Social Network
Timeline
Franzese was briefly mentored by Colombo soldier Joseph "Joe-Joe" Vitacco (1927–1980).
Michael Franzese ( Grillo; born May 27, 1951) is an American former mobster who was a caporegime in the Colombo crime family, and son of former underboss Sonny Franzese.
Franzese was born May 27, 1951, in Brooklyn, New York to John "Sonny" Franzese, a Colombo crime family underboss, and Cristina Capobianco-Franzese, although Michael had initially questioned who his actual biological father was.
Franzese had initially believed that he had been adopted by John after his mother divorced Frank Grillo, whom Franzese thought to be his biological father.
Michael says he had gone by the name "Michael Grillo" until he was 18 years old.
However, it was later discovered that John, already married with three children, had gotten the 16-year-old Capobianco, a cigarette girl at the Stork Club in Manhattan, pregnant with Michael, so Capobianco married Grillo to avoid having a scandal surrounding having a child out of wedlock.
After the mob allowed John to divorce his first wife, Grillo disappeared, and John married Capobianco.
Franzese later moved to Long Island.
His father originally did not want him to be involved in organized crime.
They had been closed since 1957.
Franzese was enrolled in a pre-med program at Hofstra University, but dropped out to make money for his family after his father was sentenced to 50 years in prison for bank robbery in 1967.
During the late 1970s, Franzese met with future Gambino crime family boss John Gotti, who was then a soldier.
Franzese was contacted by a flea market owner who complained that his partner was using and selling drugs at the market in Bay Ridge, Brooklyn.
Franzese agreed to frighten him and become the new partner.
Franzese sent Colombo soldier-turned informant Anthony Sarivola and another member who remains unidentified.
Gotti however claimed that the scared-off partner was an associate of his.
Franzese later expressed admiration for Gotti, citing his strict mobster lifestyle and his overwhelming ego.
However, in 1971, Franzese decided to drop out of college to help his family earn money when his father was sentenced to 50 years in prison for bank robbery in 1967.
Franzese became acquainted with his father's friends such as Joseph Colombo, and according to Franzese, later became inducted as a made man on Halloween night 1975 under acting boss Tommy DiBella.
As part of the ceremony Franzese took the blood oath and swore omerta.
He took the oath alongside friend Jimmy Angelino, Joseph Peraino Jr., Salvatore Miciotta, Vito Guzzo Sr., and John Minerva — all of whom except Miciotta died violently over the next 20 years.
Although Franzese recounts this ceremony had taken place in 1975, the membership books reportedly were not reopened until 1976.
He eventually helped implement a scheme to defraud the federal government out of gasoline taxes in the early 1980s.
In 1980, Franzese had become a caporegime of a crew of 300.
In 1981, Franzese was contacted by Lawrence Salvatore Iorizzo, who had developed a scheme to defraud the federal government out of gasoline taxes in 1985.
Iorizzo was being hassled by criminals in California and offered Franzese a percentage if he would defend and solve the issue.
The pair set up 18 stock-bearer companies based in Panama.
Under law at the time in Panama, gasoline could be sold tax-free from one wholesale company to the next.
Franzese partnered with the Russian Mafia in Brooklyn in the gas scheme.
The wholesale gas was sold to one company, but shipped to another company, while a third company, a dummy company, sold the gasoline on paper, and would forge tax documents for the company that received the gasoline.
Franzese's crew was then able to collect and pocket the nine cents per gallon of gasoline in federal tax.
Once enforcement agents attempt to collect the tax from the dummy company, it declares bankruptcy and the Daisy Chain would continue.
This gasoline supplied between one third and one half of all gasoline sold in the New York metropolitan area.
According to officials, Franzese kept 75 percent of the profits, making $1.26 million per month, while Iorizzo made $45,000 per month.
An associate later testified that Franzese personally made $1 million per week from the gas scheme.
By the age of 35, in 1986, Fortune Magazine listed Franzese as number 18 on its list of the "Fifty Most Wealthy and Powerful Mafia Bosses".
Franzese claimed that at the height of his career, he generated up to $8 million per week.
In 1986, he was sentenced to 10 years in prison on conspiracy charges, released in 1989, rearrested in 1991 for a parole violation, and ultimately released in 1994.
Soon after, he retired to California and is now a motivational speaker and writer.