Larry Hoover is a name that resonates beyond the gangster underworld in mainstream American society. Hoover is a notorious thief, drug dealer and murderer whose life is the stuff of fictional films.
Hoover was born on November 30, 1950, and grew up in Jackson, Mississippi. His parents and the whole family moved to Chicago, Illinois in search of a better life when he was just four years old. Even at a young age, Hoover moved in with the wrong people and made dangerous friends on the streets.
At the age of 12, Hoover and his nefarious friends began calling themselves the “Supreme Gangsters,” and since he was the pioneer of the group, Hoover was appointed leader as the group grew and expanded. In the world of crime, he was known simply as “Prince Larry”.
Hoover decided to join a gang led by his rival David Barksdale, who had dropped out of elementary school. The new gang was known as the Black Disciple Nation. It was the 1973 murder of William Young that actually marked the beginning of Hoover’s long struggle with the law. On February 26, 1973, a 19-year-old William was abducted and later shot in Chicago’s Englewood District.
Larry Hoover was named as the person who ordered the murder, and on March 16, 1973, Hoover and the killer, Andrew Howard, a gangster disciple, were both arrested. After being arrested in 1973, Hoover and Howard were charged with murder in November 1973 and sentenced to 150 to 200 years in prison. Hoover was sent to serve his sentence at the Statesville Correctional Center in Crest Hill, Illinois.
While in prison, he earned a GED and a license as an emergency medical technician. In 1974, Hoover took control of the Gangster Disciples after Barksdale died of kidney failure from an earlier gunshot.
In classic Machiavellian fashion, Hoover, who still operated from prison, took the reins of power and from his prison cell ran the largest organized crime cartel. Under Hoover, The Gangster Disciples already controlled the South Side of Chicago. And from prison, Hoover helped the Gangster Disciples take over the South Side drug trade and added other gangs to the disciples, including Satan disciples, cash disciples, to name a few.
From prison, Hoover started a drug trade that began in Chicago before expanding to the entire United States. But in the early months of 1993, Hoover did the unexpected by insisting that he had renounced and turned away from his violent past to become a city political celebrity in Chicago.
The Gangster Disciples now began to gain fans and changed their approach from violence and killing to charity and peaceful projects. Larry Hoover changed the gang’s name from Gangster Disciples to Growth and Development. In 1995, it was estimated that Hoover’s gang allegedly had 30,000 members in about 35 states and was earning about $100 million per year, which was calculated to be about $3,300.00 per member per year.
Hoover was still in prison when a lengthy federal investigation culminated in another life sentence in 1995. On August 22, 1995, after a 17-year federal undercover investigation ended, Hoover was charged with both drug conspiracy and extortion. He was apprehended by federal agents at the Vienna Department of Corrections and transferred to the Metropolitan Correctional Center in Chicago, where he was tried in 1997.
After being tried and found guilty, Hoover was sentenced to six life sentences. He served his sentence in the United States Department of Corrections, a maximum-security facility in Florence, Colorado.
It later turned out that the so-called charities he ran were all just a cover for money laundering, and according to his fellow gangsters, none of the proceeds actually went to help anyone in need.
Larry Hoover’s Net Worth
As a result of his various shady deals, it is a monumental attempt to nail down all of Larry Hoover’s assets. The drug baron was an expert in the field of money laundering and perfected the art of transporting money in his various illegal activities. The fact that his gang of 30,000 men had annual revenues of $3,300 each means that his net worth can be estimated at $100 million.
Before his first conviction in 1973, Larry Hoover married Winndye Jenkins, and the couple bore two children, Larry Hoover Jr., and Tyree Hoover.
How He Died?
Contrary to popular belief, Larry Hoover is not dead. Before his arrest, he was the proverbial cat with nine lives. He survived numerous assassination attempts and is a veteran in many gang wars. Larry Hoover is alive and serving a life sentence in a maximum-security facility in Colorado.