Larry Hoover Net Worth (Updated 2026).
Larry Hoover, born in 1950s Chicago, began his criminal career at a young age, initially involved in petty crimes and drug dealing. He co-founded the Gangster Disciples gang in the 1960s, rising through the ranks to become its leader by the 1970s. Hoover’s charisma and strategic thinking transformed the gang into one of Chicago’s most powerful and notorious criminal organizations.
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Larry Hoover’s Current Net Worth (2025)
As of 2025, Larry Hoover’s estimated net worth is $1 million. This figure is based on the latest available information, despite Hoover’s incarceration since 1973.
Career
Larry Hoover is a co-founder and former leader of the Gangster Disciples, a prominent Chicago street gang. He began his criminal career in the 1960s and rose through the ranks, becoming the gang’s leader in the 1970s. Hoover was convicted in 1973 for his role in a murder and has been incarcerated since.
Other Ventures
While incarcerated, Hoover has been involved in various entrepreneurial ventures, including a record label and a line of clothing. He has also written books and given speeches, further expanding his influence beyond the criminal underworld.
Assets
Despite his incarceration, Larry Hoover has maintained assets that include real estate, investments, and intellectual property rights. These assets are primarily managed by associates and family members on his behalf.
Annual Income
Larry Hoover’s annual income is not publicly disclosed. However, given his business ventures and the ongoing activities of the Gangster Disciples, it is estimated to be in the low to mid six-figure range.
Frequently Asked Questions about Larry Hoover
**Frequently Asked Questions about Larry Hoover**
1. What is Larry Hoover’s net worth?
Larry Hoover’s net worth is estimated to be around $50 million.
2. How did Larry Hoover make his money?
Larry Hoover made his fortune through his involvement in various criminal activities, primarily drug trafficking, during his time as the leader of the Black Gangster Disciples.
3. Where is Larry Hoover currently located?
Larry Hoover is currently incarcerated at the United States Penitentiary in Florence, Colorado.
4. How long has Larry Hoover been in prison?
Larry Hoover has been in prison since 1973, with his sentence extended due to various criminal charges and convictions.
5. What is the basis of the petition for Larry Hoover’s release?
The petition for Larry Hoover’s release is based on the argument that his continued imprisonment is unconstitutional and that he has been a model prisoner, contributing to prison reform and rehabilitation programs.
6. Have any celebrities supported Larry Hoover’s release?
Yes, several celebrities have publicly supported Larry Hoover’s release, including Kim Kardashian, Kanye West, and Meek Mill, among others.
7. What is the Black Gangster Disciples?
The Black Gangster Disciples (BGD) is a criminal gang that originated in Chicago, Illinois. Larry Hoover was the leader of the BGD from the 1960s until his incarceration in 1973.
8. What is the significance of Larry Hoover’s nickname, “The Kingpin”?
Larry Hoover earned the nickname “The Kingpin” due to his alleged role as the leader of the Black Gangster Disciples and his influence over the criminal underworld in Chicago during the 1960s and 1970s.
9. Has Larry Hoover ever been married?
Yes, Larry Hoover was married to Opal Hoover. They have two children together.
10. What are some of the crimes Larry Hoover has been convicted of?
Larry Hoover has been convicted of various crimes, including murder, extortion, and drug trafficking. He was also convicted for ordering the murder of a rival gang member while in prison, which led to his sentence being extended.
