Sam Giancana Net Worth at Death – Salary, Income, Earnings

Sam Giancana Net Worth

Sam Giancana has an estimated net worth of $50 million. Organized crime boss, Sam Giancana climbed to the top of Chicago’s underworld and became a player on the national stage through shadowy ties to the Kennedys.

Sam Giancana began his career as a wheelman for Al Capone and rose to the top of Chicago’s illegal gambling operations. He had many political connections, including ties to the Kennedys, and was called to testify about Mafia involvement in a CIA plot to assassinate Castro. Giancana was assassinated before giving his testimony.

To calculate the net worth of Sam Giancana, 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:

Name: Sam Giancana
Net Worth: $50 Million
Monthly Salary: $500 Thousand
Annual Income: $10 Million
Source of Wealth: Mob Boss

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Early Life

Gilormo Giancana was born on June 15, 1908 (some sources say May 24) in Chicago, Illinois. As the son of Sicilian immigrants, he was born Momo Salvatore Giancana and raised in a rough neighborhood on Chicago’s West Side.

As a teenager, Giancana led “The 42s,” a street gang that performed low-level tasks for members of the powerful Chicago Mafia of the 1920s, led by notorious gangster Al Capone.

Giancana joined the Capone organization as a “wheelman,” or driver, and was arrested for the first time in 1925 for auto theft. He quickly advanced to “triggerman,” and by the age of 20, he was the focus of three murder investigations, but he was never charged.

Wife and Daughters

Giancana married Angeline DeTolve in 1933, and the couple had three daughters. (In 1984, their daughter Antoinette published a memoir titled Mafia Princess.) Giancana rose through the mob ranks for the rest of the decade, as Chicago’s leadership shifted following Capone’s arrest in 1931. (he died in 1947). Beginning in 1939, he was imprisoned for illegally manufacturing whiskey.

Giancana set out after his release in the early 1940s to take over Chicago’s illegal lottery gambling operations, particularly those in the city’s predominantly African-American neighborhood.

He and his associates took control of the numbers racket through a brutal series of events that included beatings, kidnappings, and murder, increasing the Chicago Mob’s annual income by millions of dollars.

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Mob Boss

A psychologist who interviewed Giancana during his Selective Service physical examination during World War II classified the gangster as a “constitutional psychopath” who showed “strong antisocial trends.” As a result, Giancana received 4-F status and was disqualified from military service.

He profited from the war on the homefront, making a fortune manufacturing counterfeit ration stamps. By the end of the war, the Giancana family had moved from the city to a house in the affluent Chicago suburb of Oak Park.

When Anthony “Tough Tony” Accardo stepped down as the head of the Chicago Outfit (as the city’s branch of the Mafia was known) in the mid-1950s, Giancana ascended to the top spot. By 1955 he controlled the gambling and prostitution operations, narcotics trafficking, and other illegal industries in his hometown.

Under his leadership, the Chicago Mafia grew from a relatively small-scale racket to a full-fledged criminal organization. He later told an agent for the Federal Bureau of Investigation (FBI) that he “owned” not only Chicago, but Miami and Los Angeles as well.

In 1959, FBI agents planted a microphone in a room at the Armory Lounge in the suburb of Forest Park, which served as Giancana’s headquarters. For the next six years, they were able to eavesdrop on the workings of the Mafia and gain knowledge of many criminal activities in Chicago and around the country.

Though Giancana’s reign as Chicago’s preeminent crime boss was already heading towards its end by the close of the 1950s, his path in the 1960s would cross with two of America’s most powerful men: Robert and John F. Kennedy.

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Relationship with the Kennedys

Giancana became notorious after Angeline’s death in 1954 for his flamboyant social life and frequent womanizing. He was a friend of Frank Sinatra, the singer, and actor, and reportedly used Sinatra as a go-between with Attorney General Robert F. Kennedy, who was alienating the Mafia with his relentless campaign against organized crime in America.

The mediation appears to have failed, as Robert Kennedy persuaded FBI Director J. Edgar Hoover in 1963 to place Giancana’s home in Oak Park under 24-hour surveillance.

Affairs with Phyllis McGuire and Judith Campbell Exner

Phyllis McGuire of the McGuire Sisters singing group was one of Giancana’s many lovers, as was Judith Campbell Exner, an actress who would later link Giancana to an even more powerful man: President John F. Kennedy, with whom Exner became involved while still seeing Giancana.

Giancana’s various connections to JFK have long been a source of speculation. Many historians believe that ballot stuffing in Chicago (then controlled by old-school Democrat Mayor Richard Daley) contributed to Kennedy’s victory in 1960.

Giancana reportedly claimed that he assisted in the operation of a vote-stealing scheme in Cook County, Illinois, a district that proved decisive in Kennedy’s victory. On the other hand, there are persistent rumors of Mafia involvement in JFK’s 1963 assassination, possibly in retaliation for what they saw as the Kennedys’ ingratitude in the form of RFK’s crusade against organized crime.

Whatever Giancana’s specific connection to JFK was, the two men shared a nemesis: Fidel Castro, whom Mob leaders despised because he had taken over Cuba and its extensive gambling rackets.

As evidenced by the infamous Bay of Pigs invasion in April 1961, the Kennedy Administration clearly saw Castro’s Communist regime as a threat to national security.

When information later surfaced that the Mafia and the Central Intelligence Agency (CIA) had joined forces sometime in the 1960s to plot Castro’s assassination, the link between Giancana and Kennedy was once again the subject of speculation.

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Imprisonment and Death

Giancana was put on trial in 1965 for refusing to testify before a grand jury investigating organized crime in Chicago. He was sentenced to a year in prison.

Giancana fled to Mexico after his release and lived in self-imposed exile there until 1974. Mexican authorities extradited him that year to testify before another grand jury. He was granted immunity from federal prosecution and testified four times before that jury, but provided little useful information.

Giancana was then summoned to testify before a US Senate committee investigating Mafia involvement in a failed CIA assassination plot against Castro. Giancana flew to Houston, Texas, for gall bladder surgery before his scheduled testimony. On June 17, 1975, he returned to his Oak Park home.

Two days later, while cooking in his basement, Giancana was shot once in the back of the head and several times up through the chin with a.22-caliber pistol. Though theories abound as to who killed him (rival Mafiosi, CIA operatives concerned about his future testimony, one of many former girlfriends), no one was ever charged.

Sam Giancana Movies

Among the various films in which Giancana has been portrayed are: Sugartime (1995), with John Turturro playing the mobster, and Power and Beauty (2002). The thriller King Kennedy (2012) also features archival footage of Giancana.

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