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 #977927 - Fri Apr 12 2013 09:04 PM Capone in today's dollars cubswin2323 Mainstay Registered: Sun Jan 31 2010 Posts: 931 Loc: Omaha, Nebraska I was reading up on which countries other the U.S. had Prohibition. In reading the wiki page, it had stated that Al Capone had raked in \$60M in 1927. I googled what that would be in today's current dollars. I came across this AWESOME calculator. It's the CPI Inflation Calculator, and it can calculate all the way back to 1913. Not surprising considering that's when the Federal Reserve was established. It can only accept values up to \$10M. For the Capone calculation, I decided to go with \$6M instead of \$60M. I just multiplied it by ten. What was the result? \$6M in 1927 equaled \$80,057,241.38 in today's dollar. Multiplied by ten, and ol' Scarface took in over \$800M! Wow!http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=6000000&year1=1927&year2=2013 _________________________ -DaveDecember 23rd is Festivus. A Festivus for the rest of us! Get the aluminum pole out from the crawl space. A donation has been made in your name to The Human Fund. The Human Fund. Money for people. Top
 #977960 - Sat Apr 13 2013 01:30 AM Re: Capone in today's dollars sue943 Administrator Registered: Sun Dec 19 1999 Posts: 35169 Loc: Jersey Channel Islands Wow indeed. _________________________ Many a child has been spoiled because you can't spank a Grandma! Top
 #977961 - Sat Apr 13 2013 01:34 AM Re: Capone in today's dollars ozzz2002 Moderator Registered: Mon Dec 03 2001 Posts: 16457 Loc: Sydney NSW Australia Who said that crime does not pay? _________________________ The key to everything is patience. You get the chicken by hatching the egg, not smashing it.Editor, Hobbies and Sports, and Forum Moderator Top
 #977962 - Sat Apr 13 2013 01:38 AM Re: Capone in today's dollars Jabberwok Enthusiast Registered: Tue Jun 24 2008 Posts: 415 Loc: Sussex England UK What a useful website, I shall remember it. _________________________ 'The United Kingdom. Slightly smaller than Oregon'CIA World Factbook Top
 #978048 - Sat Apr 13 2013 01:46 PM Re: Capone in today's dollars Jakeroo Prolific Registered: Sat Aug 30 2008 Posts: 1757 Loc: Alberta Canada 800M and he couldn't afford a decent accountant? tsk lol _________________________ As much as I love my friends, I won't jump off a bridge WITH them. Instead, I think it's in our mutual interest for one of us to try to catch the other when they fall. Top
 #978603 - Tue Apr 16 2013 10:19 AM Re: Capone in today's dollars cubswin2323 Mainstay Registered: Sun Jan 31 2010 Posts: 931 Loc: Omaha, Nebraska Well, his profits were off the books as it were. You would have thought he would offshored. Maybe Switzerland. _________________________ -DaveDecember 23rd is Festivus. A Festivus for the rest of us! Get the aluminum pole out from the crawl space. A donation has been made in your name to The Human Fund. The Human Fund. Money for people. Top
 #978620 - Tue Apr 16 2013 12:28 PM Re: Capone in today's dollars paul4760 Participant Registered: Sun Mar 10 2013 Posts: 38 Loc: Iowa USA When Geraldo Rivera opened Capone's secret vault he found nothing in it....hmmm. _________________________ "Do what you want to the girl, but leave me alone!" George Carlin Top
 #978660 - Tue Apr 16 2013 02:11 PM Re: Capone in today's dollars satguru Forum Champion Registered: Thu Feb 17 2000 Posts: 6202 Loc: Kingsbury London UK Al Gore has also become a billionaire through his carbon trading company. Different era, same scenarios. _________________________ “What if climate change appears to be just mainly a multidecadal natural fluctuation? They’ll kill us probably “Tommy Wills, Swansea University Top
 #978663 - Tue Apr 16 2013 02:21 PM Re: Capone in today's dollars mehaul Multiloquent Registered: Wed Feb 03 2010 Posts: 4766 Loc: Florida USA Thank Crikey that the tax codes have been rewritten so wealthy men of Mr. Capone's stature won't have to worry about such dust sized things as taxes anymore. Ya gotta love the way the Corleone's took things into the legitimate world by buying the lawmakers and then making their businesses legitimate. We now even enjoy legal gaming (used to be the numbers racket) that purports to send money to the education domain. Yeah, right. More like the 'contractors' who build the schools get the money, not the kids, teachers or supply cabinets.Edit: Sorry about that last part. I guess the corruption of Boston's Big Dig (under the guy who just ran for president) wasn't that much strewn with graft. It all tainted my opinion of things politic. Edited by mehaul (Tue Apr 16 2013 03:35 PM) _________________________ "...Tomorrow's come a long way to help you."Tim Davis 'Your Saving Grace' Steve Miller Band (1969)"...Yesterday's at least a mile back."Dale Peters 'Dreaming in the Country' James Gang (1971) Top