Frank Sheeran Net Worth
Frank Sheeran had an estimated net worth of $3 million at death. Frank ‘The Irishman’ Sheeran was an Irish-American labor union official who helped facilitate organized crime activity into labor unions and claimed to have killed Teamster president Jimmy Hoffa. He earned most of his income through his criminal career.
“The Irishman,” Frank Sheeran was a mafia hitman before becoming a major union leader in the International Brotherhood of Teamsters. He contributed to the corruption of labor unions by bringing organized crime into their ranks, and just before his death in 2003, he claimed to have murdered Teamster president and friend Jimmy Hoffa. The 2019 film The Irishman is based on Sheeran’s criminal career and relationship with Hoffa.
To calculate the net worth of Frank Sheeran, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$3 Million|
|Monthly Salary:||$10 Thousand|
|Annual Income:||$500 Thousand|
|Source of Wealth:||Criminal|
Early Life and World War II Combat
Sheeran was born in Camden, New Jersey, on October 25, 1920, and raised in a small borough near Philadelphia in an Irish Catholic working-class family.
He joined the army in 1941, and after the bombing of Pearl Harbor, he was assigned to the 45th Infantry Division and saw heavy combat. He participated in major conflicts all over Europe, including the invasion of Sicily, the Battle of the Bulge, and the invasion of Germany.
Sheeran served 411 days in the military, compared to the average soldier’s 100 days. Being exposed to so much death taught Sheeran how to become numb to killing, preparing him for a future career as a mob hitman. According to Sheeran, he committed numerous war crimes, including retaliation killings and large-scale massacres.
Criminal Career and Meeting Russell Bufalino
Sheeran married and had a family after being discharged from the military in 1945. He found work as a local truck driver but was arrested a few years later after beating up two men during a trolley incident.
Sheeran worked with local loan sharks in Philadelphia to supplement his income. He met Pennsylvania crime boss Russell Bufalino by chance in 1955, and he offered Sheeran a job driving him around and making deliveries. Sheeran’s role as “the muscle” for the local Pennsylvania mob grew from then on.
Frank Sheeran and Jimmy Hoffa
Sheeran’s involvement with the mafia grew after he agreed to assassinate a rival gang member for the Bufalino crime family, which led to his meeting with Hoffa in 1957.
Hoffa and Sheeran became close friends quickly, with the Irishman acting as muscle for the Teamster leader, intimidating and killing those who threatened the power structure that kept Hoffa in power. Hoffa soon appointed Sheeran to the coveted position of union boss of one of Delaware’s local chapters.
They were close, but when Hoffa went to prison on racketeering charges a decade later, Sheeran’s loyalty remained with the Bufalino crime family and the man who took Hoffa’s place, union chief Frank Fitzsimmons.
When Hoffa was released from prison in 1972, he was eager to reclaim his position, but the kingpins had had enough of him by then. According to Sheeran, by 1975, the powers-that-be had ordered him to finally get rid of his mentor. He carried out his orders by allegedly luring Hoffa to a Detroit house and shooting two bullets into the back of Hoffa’s head.
When he was told to take out Hoffa, Sheeran said he “felt nothing.”
‘I Heard You Paint Houses’ Book
I Heard You Paint Houses, written by Sheeran’s lawyer Charles Brandt, is a dark biographical confessional based on five years of recorded interviews between Brandt and Sheeran. The phrase “I heard you paint houses,” which is mafia jargon for “I heard you kill men,” allegedly came out of Hoffa’s mouth when he first spoke to Sheeran. The blood that sprays the walls after a hit is referred to as “paint.” When Hoffa said these words to Sheeran, the latter responded, “I also do my own plumbing,” which is mafia jargon for “I also dispose of the bodies.”
Aside from Sheeran’s shocking admission that he murdered Hoffa, the hitman made some other shocking admissions to Brandt, which the author would recount in his book. President John F. Kennedy was assassinated by the mob (Hoffa apparently wanted Attorney General Robert F. Kennedy off the mob’s back and believed that killing his brother would solve that problem); Sheeran transferred the firearms used to kill President Kennedy; and Sheeran murdered 25 people, including Crazy Joe Gallo, a mobster in the Profaci crime family.
‘The Irishman’ Movie
The Irishman, directed by Martin Scorsese and exploring Sheeran’s life of crime and his claim of assassinating Hoffa, premiered at the New York Film Festival in September 2019 before a limited theatrical run later that year. The film also stars Robert De Niro as Sheeran and Al Pacino as Hoffa, in addition to Joe Pesci and Harvey Keitel. The film is based on Brandt’s New York Times best-selling book of the same name.
Sheeran, 83, died in a Pennsylvania nursing home on December 14, 2003, from cancer.
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