[10] Buss later sold his controlling interest in the Kings to Bruce McNall in 1988 (who made headlines that year by trading for Wayne Gretzky from the Edmonton Oilers), retaining ownership of the Lakers and The Forum. Jeanie Buss Biography, Career, Net Worth, Personal Life, & Facts Even now, team owners build a family around the franchise, planting the seeds, waiting for it to reap success and it becomes habitual. He's worth $400 million, according to Celebrity Net Worth. As of March 2023, The total combined net worth fortune of the Bush family is about $500 million. [12] Buss received the Golden Plate Award of the American Academy of Achievement in 1983. Later, he became the horse trainer and has over half-dozen horse under his command. These offers do not represent all available deposit, investment, loan or credit products. Although Buss had purchased a number of properties throughout the LA area in the past, this latest acquisition was her first waterfront residence. Who Owns the Lakers? Los Angeles NBA Team Owners, Listed - Market Realist [33][failed verification], daughter-of-lakers-owner-jerry-buss-be-the-next-to-rule-her-fathers-sports-kingdom-or-will-one-of-her-brothers-rise-to-power-a-fractured-family-fable, Naismith Memorial Basketball Hall of Fame, Forest Lawn Memorial Park (Hollywood Hills), Learn how and when to remove this template message, "Lakers' Jeanie Buss: She's Got Balls - Sports Illustrated Vault | SI.com", Jerry Buss, Longtime Lakers Owner, Is Dead at 80, "Whether It's the L.A. Lakers or a Lovely Woman, Jerry Buss Is Interested in Champions", "Lakers Legendary Jerry Buss and His "Rags to Riches" Story Truly One of a Kind", "Naismith Memorial Basketball Hall of Fame Announces Class of 2010", "Golden Plate Awardees of the American Academy of Achievement", "A Bad Fold by David Grey on Poker After Dark", Los Angeles Times: "All in the Family - If Jerry Buss has his way, the Lakers will belong to his kids" by John Ireland, "Lee Klose finds birth family after decades", Dodgers affected by Jerry Buss like no other non-NBA team, "Buss also booked for driving with BAC of 0.08 or higher", "Kobe Bryant, Steve Nash help Lakers hold on for 2nd straight win", Breaking News: Lakers Owner Jerry Buss Dying Of Cancer, "Lakers Owner Jerry Buss Dies at Age 80, Leaving Behind "Unparalleled Legacy", "Jill Painter: Lakers lose innovative owner, L.A. loses friend", "Jerry Buss Buried At Forest Lawn Memorial Park, Hollywood Hills In Private Ceremony", "LOS ANGELES: Jerry Buss, Lakers' flamboyant owner, dies at 80", "Buss family faces crucial moment with the Lakers", "Lakers expected to remain a Buss family-owned team", "World Series of Poker invites Kobe Bryant as tribute to Jerry Buss", https://en.wikipedia.org/w/index.php?title=Jerry_Buss&oldid=1145995928, This page was last edited on 22 March 2023, at 04:43. Buss extensively learn the basketball game, tactics and strategies from his father, Jerry West, and Kupchak, who was promoted to general manager in 2000. Buss was invited by his father to join the great Los Angeles Lakers in 1988. Buss' total net worth isn't revealed yet, however, he is the equal recipients of his father will and ownership of Lakers. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. [2] Buss earned a scholarship to the University of Wyoming,[3] graduating with a BS degree in two and a half years in 1953. His best finishes included third in the 1991 World Series of Poker seven-card stud event and second place in the 2003 World Poker Tour Freeroll invitational. He purchased the Atlanta Hawks in 2015 for $730 million, along with a group of investors that also includes former NBA star Grant Hill. Although he stood 6feet 2inches (1.88m), Buss attendedjockeyschool when he was 20. Its safe to say that Jerry made a great investment with that purchase just from the Lakers and Kings success alone as both franchises have won multiple championships since being acquired by the historic owner. Grousbeck made his money as a venture capitalist. [23], After being hospitalized at Cedars-Sinai Medical Center with an undisclosed form of cancer, he died of kidney failure on February 18, 2013, aged 80. His succession plan had daughter Jeanie assume his previous title as the Lakers' governor as well as its team representative at NBA Board of Governors meetings. However, Buss did not wait until the last moment to alert his offsprings about the gravity of his position. pertaining to the NBA as well. He first bought 49% of the Nets in 2018, then scooped up the rest one year later. The great man ran the show for 34, The Buss Family Trust now owns the Lakers, with Jeanie Buss acting as the President. In addition to the Red Sox, who increased in value by 3% from a year ago, FSG owns Premier League soccer club Liverpool, half of Nascars Fenway Roush Racing, 80% of regional sports network NESN and sponsorship business Fenway Sports Management. Thats because the Toronto Raptors, San Antonio Spurs and New York Knicks are owned either by corporations or people or families whose net worth is unknown. How Rich Are Tiger Woods, Phil Mickelson and the Other Top 10 Richest Pro Golfers? A surging stock market and cheap financing also pushed up valuations and sparked interest from far beyond the billionaire class as a preponderance of sports SPACs are being marketed to less wealthy retail investors. Jim Buss Bio, Career, Net Worth, Height, Nationality At his death in 2013, six out of seven of his children worked in the Lakers organization. Jim makes the majority of his money as a basketball trainer. A $300-million (minimum) gondola to Dodger Stadium? Properties: Manchester City, New York City FC, Melbourne City FC, Properties: Toronto Raptors, Toronto Maple Leafs, Toronto FC, Toronto Argonauts, Properties: New Orleans Saints, New Orleans Pelicans, Properties: San Francisco 49ers, Leeds United*, Elevate*. Buss also became the first female controlling owner to win an NBA championship after the Lakers conquered the Orlando bubble. Robert Pera is the mastermind behind Ubiquiti Networks, a wireless broadband company that deals mostly with emerging markets. Jeanie Buss Wiki, Age, Height, Biography, Net Worth, Marriage, Husband . 1959), Jeanie (b. With an estimated net worth of $4.3 billion, Mark Cuban is not the richest NBA owner, but he is one of the most famous and outspoken. Anschutz is extremely influential in Los Angeles and he owns a third of the Lakers. Starting in 2023, the NFL will be armed with a new round of TV deals worth perhaps $15 billion a year, double the current average. So it came as no surprise when she was appointed the controlling owner of the team and handles business operations. In 2019, his online sneaker platform StockX became a unicorn thats when a privately held start-up reaches a value of $1 billion. 1963). Jerry purchased the Lakers in 1979 for $68 million dollars in a package deal that also included the Los Angeles Kings of the NHL, as well as two venues in the Great Western Forum and a ranch in the Sierra Nevada Mountains.
