It's actually a work of fiction. The plot and characters were invented by the writers and filmmakers to captivate the audience rather than being based on real events.
Yes, 'King of New York' is based on a true story. It often depicts the real - life power struggles, crime, and underworld activities that were prevalent in New York during a certain era.
Well, it is likely to be based on a true story. New York has a rich and complex history filled with all kinds of characters. The story of Frank White might be a fictionalized account of someone who really held sway or had a notorious reputation in the city. It could be based on a gangster or a powerful figure from the past, with some creative liberties taken to make it into a more engaging story.
There isn't a single, publicly - known individual who is the exact inspiration. It was likely inspired by a combination of various powerful figures in New York's criminal history. People who had large - scale influence over illegal activities in the city.