Born on August 10, 1916, in Elizabeth, New Jersey, Tony Tarracino was the son of an Italian immigrant bootlegger. His early years were marked by hardship—he dropped out of school in the ninth grade to sell whiskey during Prohibition, an illegal but lucrative trade that introduced him to the underworld.
By his twenties, Tarracino had become a gambler, betting on everything from horse races to boxing matches. His involvement with the New Jersey Mafia nearly cost him his life when he was beaten and left for dead at the Newark city dump after allegedly cheating the mob by using early race results obtained via telephone—a scheme he later likened to the plot of The Sting.
Early Years in Key West
After fleeing New Jersey, Tarracino arrived in Key West in 1948, where he reinvented himself as a shrimper, charter boat captain, and gunrunner—smuggling weapons to Cuban rebels during the Bay of Pigs era.
Captain Tony’s Saloon
In 1961, he took over the historic 428 Greene Street bar, originally Sloppy Joe’s (Ernest Hemingway’s favorite haunt). Renaming it Captain Tony’s Saloon, he turned it into a legendary Key West institution, frequented by celebrities, writers, and fellow gamblers.
Political Career
Despite—or perhaps because of—his rough-edged persona, Tarracino ran for mayor of Key West four times before winning in 1989 by just 32 votes. His campaign, managed by Jimmy Buffett, promised to preserve Key West’s eccentric charm. He served until 1991, famously protecting the daily sunset celebration and resisting overdevelopment 23.
Tarracino was married four times, lastly to Marty Tarracino for 38 years until his death. He fathered 13 children with multiple partners, including reality TV star Keith Famie (Survivor: The Australian Outback). His youngest son, Tony Tarracino Jr., was born when he was 70 years old.
While exact financial figures are scarce, Tarracino’s income streams included:
Tarracino’s legacy lives on through:
As a young gambler in New Jersey, he worked with bookies before a dispute led to a near-fatal beating.
Yes—he smuggled weapons to anti-Castro rebels in the 1960s.
Yes, Buffett managed one of his campaigns and immortalized him in song.
Four times, with 13 children