Larry Hoover Net Worth

Tanja Tanja

Written by Tanja Public Figures

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Net Worth $ 1,000,000,000
Real name Larry Hoover
Source of Wealth Gang leader
Profession Ex-Drug Lord
Spouse/Partner Winndye Jackson
Date of Birth Nov 30, 1950
Zodiac Sagittarius
Age 72
Gender Male
Pronoun He/Him
Height 175 cm / 5 ft 8 inch
Nationality American
Siblings /

As of 2023, many people are still convinced that Hoover's net worth is a mystery. However, despite his criminal empire being dismantled long ago, our calculations led to a fortune of around $100 million net worth 💵

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Biography and early life

Larry Hoover's story is about power, crime, and redemption. He was born on November 30, 1950, in Jackson, Mississippi, USA; however, he spent his early life in Chicago when he moved there at age four. Larry’s life was full of struggle and hardship from an early age, and it all started when his parents divorced.

In Chicago, Hoover didn't finish high school and fell into the gang culture prevalent in the city during the 1960s. By the time he was a teenager, Hoover was involved in small-time criminal activities such as theft and burglary.

https://www.youtube.com/watch?v=2x2ujM8qj7I

Career as a criminal and gang lord (How he started)

Earliest records that led to Larry being involved with the gang date back when he was just twelve years old, in his early teens. In the mid-1960s, Hoover became a member of one of Chicago's most notorious gangs, the Black Gangster Disciples (BGD).[1]

With his leadership skills and intelligence, Hoover quickly rose to the ranks of the BGD and became its supreme leader by the 1970s.

Under his leadership, the BGD became a powerful and influential gang controlling large portions of Chicago's drug trade. Hoover is famous for establishing the 'Folk Nation,'[2]a powerful alliance of gangs that helped the BGD maintain its grip on the city.

Hoover's criminal empire brought him massive wealth, estimated to be around $500 million at its peak. However, his fortune came at a high cost to the people of Chicago, as the gang wars between the BGD and its rivals led to a wave of violence that claimed many lives, including innocent bystanders.

Bonus read: Net worth of drug lord Willie Falcon.

In 1973, Hoover was arrested and charged with murder, conspiracy, and extortion. He was convicted of these charges and sentenced to 150-200 years in prison, where he remains. Rumor has it he grew and managed his gang organization of around 30,000 members in several states, who brought him over $100 million per year from prison.

His turbulent and ominous legal history is marked by the William Young murder in 1973, which Larry Hoover ordered.

Later, in 1995, there was a criminal enterprise conviction in which Larry was indicted for conspiracy, extortion, money laundering, and multiple drug offenses.

Also, you might be interested in knowing the net worth of another drug lord, Alpo Martinez.

Most famous for

Larry Hoover is most famous for being the co-founder of the Chigaco Street Gang,[3]for which he was called ‘King Larry.’ He is known for being one of the most notorious gang leaders dealing with drugs, robberies, and murders.

Besides all of that jazz, now, Larry is famous for being a prisoner who was sentenced to 150 to 200 years in prison for a gang-related murder crime that happened in 1973.

https://www.youtube.com/watch?v=mbk4ZJgkdTw

Larry’s legacy lives on, inspiring artists such as Kanye West and Jay-Z to reference him in their music.

https://www.youtube.com/watch?v=b0lJcfug5Dw

Personal and love life

Larryr's personal life was marked by a tumultuous relationship with his co-founder of the BGD, David Barksdale, who died in 1974.

Apart from all the notorious choices Larry made in his life, he wrote and published a book called ‘The Blueprint of a New Concept: From Gangster Discipline to Growth & Development.’

Concerning his love life, he has been in a love relationship with Winndye Jenkins and has three children with her. Together with his wife Winndye Jenkins, he created the ’Larry Hoover Project.’

The purpose of this project was to give Larry clemency[4]and to have his history as a criminal reviewed.

https://www.instagram.com/p/CmYAMq6N5s-/?hl=en

References

  1. Wikimedia Foundation. (2023, March 12). Black disciples. Wikipedia. Retrieved March 21, 2023, from https://en.wikipedia.org/wiki/Black_Disciples 

  2. Wikimedia Foundation. (2023, February 14). Folk nation. Wikipedia. Retrieved March 21, 2023, from https://en.wikipedia.org/wiki/Folk_Nation 

  3. Carlton, G. (2022, November 17). Larry Hoover founded gangster disciples - then made them even more powerful when he went to prison. All That's Interesting. Retrieved March 21, 2023, from https://allthatsinteresting.com/larry-hoover 

  4. Sign the petition. Change.org. (n.d.). Retrieved March 21, 2023, from https://www.change.org/p/clemency-for-larry-hoover 

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