The Kray twins were two of the most notorious criminals in British history. Born into an East End London family with a reputation for violence, the twins quickly rose to infamy in the late 1950s and early 1960s. Their criminal enterprise included protection rackets, armed robbery, and murder. By the time they were apprehended in 1968, the twins had amassed a fortune. But what happened to all that money? In this blog post, we take a look at the Kray twins net worth, how they made their money, and what happened to it after their downfall.
What is the Kray twins’ net worth?
The Kray twins were estimated to have a joint net worth of £100 million when they died in 2000. The majority of their wealth came from their criminal activities, which included protection rackets, armed robberies, and fraud. They also earned money from nightclubs, boxing promoters, and property development.
How did the Kray twins make their money?
The Kray twins were British gangsters who made their money through a combination of illegal activities and legitimate businesses. Their illegal activities included protection rackets, armed robberies, and smuggling. They also owned a number of legitimate businesses, such as nightclubs and property companies.
What do the Kray twins spend their money on?
The Kray twins are known for their lavish lifestyle and love of spending money. They have been known to spend their money on expensive cars, clothes, jewelry, and even homes. In recent years, they have also been known to spend their money on charitable causes.
What is the kray twins’ legacy?
The Kray twins were two of the most notorious gangsters in British history. They were born in 1933 in London’s East End, and they quickly rose to prominence in the world of organized crime. The twins were involved in a wide range of criminal activities, including murder, extortion, and robbery. They also had a large network of associates and accomplices who helped them carry out their crimes.
The Kray twins’ legacy is one of violence and crime. Their reign of terror ended when they were both sentenced to life in prison in 1969. However, their legend has lived on, and their story has been told in numerous books, films, and television shows.
The Kray Twins: Early Life
The Kray twins were born on October 24, 1933, in London’s East End to Violet and Charles Kray. The twins had an older brother, Reggie, who was born in 1932. Their father, Charles, was a small-time crook and their mother, Violet, was a strict Catholic. The family lived in a two-room flat in Hoxton. The twins went to school at William Booth Secondary School in Bethnal Green. They were tough kids and got into a lot of fights. They were also good at sports and excelled in boxing.
The twins started their criminal careers by breaking into houses and stealing money and jewelry. They would then spend the money on clothes and nights out on the town. By the early 1950s, they had graduated to bigger crimes like robbery and assault. In 1952, they were arrested for assault and spent six months in juvenile detention. After they were released, they became involved with East End gangster Teddy Smith.
In 1954, the twins married identical twin sisters Rosemary and June Collins. The marriages did not last long though; both couples divorced within a year. Around this time, the twins began to work for their uncle Bertie Rice’s company “Rice’s Associated Companies”. This is where they met future business partner Freddie Foreman.
The Kray Twins: Rise to Power
The Kray twins were born in 1933 in London’s East End. As young boys, they were involved in petty crime and violence. They soon began to develop a reputation for their brutality. In the 1950s, they started to gain control of the East End’s criminal underworld. They became involved in armed robbery, protection rackets, and murder. By the early 1960s, they were the most powerful gangsters in London.
In 1966, the twins were arrested for killing a rival gangster. They were sentenced to life in prison. However, they continued to run their criminal empire from behind bars. In 1987, they were released from prison on compassionate grounds. Ronnie Kray died soon after his release, while Reggie Kray lived until 2000.
The Kray Twins: Decline and Fall
The Kray twins were once Britain’s most feared gangsters. But their criminal empire quickly crumbled and they both died in prison.
Ronnie and Reggie Kray were the leaders of “The Firm”, a notorious group of criminals who terrorized London in the 1960s. The twins were known for their violence and their connections to organized crime. They were also famous for their flashy lifestyle and celebrity friends.
But the Krays’ criminal empire began to unravel in the late 1960s. Their friend and business partner Frank Mitchell was kidnapped and killed, which caused bad publicity for the twins. The Krays were also arrested for tax evasion.
In 1969, Ronnie Kray was sentenced to life in prison for murder. Reggie Kray was sentenced to 30 years in jail for conspiracy to commit murder. The twins never saw each other again.
Ronnie Kray died of a heart attack in 1995. Reggie Kray died of cancer in 2000.
The Kray Twins: Legacy
The Kray twins were two of the most notorious criminals in British history. Their legacy, however, is much more than just a trail of destruction.
The twins were born in London’s East End in 1933 to a single mother who had a history of mental illness. They were raised in a poverty-ridden environment and quickly turned to crime to make money.
The Kray twins rose to infamy in the 1950s and 1960s as the leaders of a violent criminal gang known as “The Firm”. They were involved in murder, racketeering, and protection rackets, and became household names in the process.
Despite their notoriety, the Kray twins had a loyal following among many East End residents who saw them as Robin Hood-like figures who looked out for their community. This loyalty was evident at their trial in 1969 when they were convicted of murder and sent to prison for life.
The Kray twins’ legacy continues to this day. Their story has been immortalized in books, films, and television shows, and they remain an iconic part of British culture.
What is the kray twins’ net worth?
As identical twins, the Kray twins were always close. They were born in 1933 in London’s East End and grew up in a poverty-ridden slum. Despite their deprived childhood, they had a close family bond and were determined to make something of themselves.
The twins initially started out small-time, committing petty crimes and getting involved in street fights. However, they quickly progressed to more serious offenses, such as armed robbery and assault. In the 1950s, they began to exert their influence over London’s criminal underworld, becoming the city’s most feared gangsters.
At the height of their power, the Krays controlled a multi-million-pound empire built on gambling, protection rackets, and prostitution. They also had high-profile connections with celebrities and politicians, which helped them avoid law enforcement for many years.
Eventually, the Krays fell from grace after a series of murders culminated in a highly publicized trial which saw them both sentenced to life imprisonment. In 2000, Ronnie Kray died from cancer while Reggie was released on compassionate grounds shortly before his death in 2002.
So what is the Kray twin’s net worth? It’s difficult to say exactly how much of their wealth was gained through illegal means. However, it is estimated that they had a combined fortune of around £40 million at the time of their arrest in 1968.