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[–] 17446744? 0 points 2 points (+2|-0) ago  (edited ago)

He made money through insider trading on Wall Street before the '29 crash. He knew the accounting rules at the time and companies were allowed to book income before it was earned. Bad, bad. But he knew how to trade on that data. He sold before the crash and then bought assets cheaply thereafter.

He also capitalized on prohibtion, he illegally imported expensive alcohol ( from Ireland I think) and then resold it at a huge profit.

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[–] 17450525? 0 points 1 point (+1|-0) ago 

Yup. A huge chuck of their money was from bootlegging.