The Los Angeles Lakers are one of the most successful franchises in professional basketball. The Lakers have won sixteen championships, which is the most among all professional basketball teams. They have also made it to thirty-one NBA Finals appearances, which is also the most of any franchise. The team is owned by Jeanie Buss and has an estimated net worth of over $4.2 billion.
The Lakers have been in the ownership of the Buss family since 1979, when they purchased the team from Jack Kent Cooke. The Buss family consists of six siblings, led by the late patriarch, Jerry Buss. Jerry’s daughter, Jeanie, serves as the current owner and President of the Lakers. Under Jeanie’s leadership, the Lakers have won five championships and made it to nine NBA Finals appearances. While the Buss family is the majority owner, the team is also owned by several minority owners, including Ed Roski, Jr., Patrick Soon-Shiong, and Mark Walter.
Jeanie Buss’s estimated net worth is $500 million, which is largely due to her stake in the Lakers. Her parents, Jerry and Joann, had given her a 33.2% stake in the team prior to her father’s passing. Jeanie is the most powerful and influential figure in the Lakers franchise, as well as the NBA. She has been instrumental in making the Lakers one of the most profitable teams in the NBA.
The Los Angeles Lakers are a very successful and profitable franchise, and the team’s estimated net worth is over $4.2 billion. With Jeanie Buss at the helm, the Lakers have made it to the playoffs for the past seven years and are one of the most valuable franchises in the NBA. Jeanie’s net worth is estimated to be around $500 million, which is largely due to her stake in the team. With a talented roster and a passionate fan base, the Lakers are sure to remain a successful franchise for years to come.
The Net Worth of the Los Angeles Lakers Owners
The Los Angeles Lakers are one of the most iconic sports teams in the world, and the owners of the team are no different. Many high-profile individuals have joined the Lakers ownership group over the years, and their net worths are quite impressive.
The current ownership group of the Los Angeles Lakers is comprised of Dr. Patrick Soon-Shiong, Jim Buss, Jeanie Buss, and Phil Jackson. Dr. Patrick Soon-Shiong is a business magnate and philanthropist with an estimated net worth of $8.1 billion. Jim Buss is the former executive vice president of the Los Angeles Lakers and has an estimated net worth of $600 million. Jeanie Buss is the president and co-owner of the Lakers and has an estimated net worth of $500 million. Phil Jackson is the former head coach of the Lakers and has an estimated net worth of $70 million.
In addition to the current ownership group, there are several former owners of the Los Angeles Lakers. These include Jerry Buss, who had an estimated net worth of $600 million, and Frank McCourt, who had an estimated net worth of $1.2 billion. Other former owners include Stan Kasten, who had an estimated net worth of $200 million, and Magic Johnson, who had an estimated net worth of $500 million.
The following is a breakdown of the net worth of the current and former Lakers owners:
Owner | Net Worth |
---|---|
Dr. Patrick Soon-Shiong | $8.1 billion |
Jim Buss | $600 million |
Jeanie Buss | $500 million |
Phil Jackson | $70 million |
Jerry Buss | $600 million |
Frank McCourt | $1.2 billion |
Stan Kasten | $200 million |
Magic Johnson | $500 million |
It is clear that the Los Angeles Lakers have an impressive ownership group with a combined net worth of over $11 billion. The owners have kept the team competitive and have used their wealth to improve the team’s performance. As the team continues to grow and thrive, the owners will continue to benefit from their investments.
The Billionaire Owners Behind the Lakers’ Success
The Los Angeles Lakers have been one of the most successful franchises in NBA history. With a loyal fan base and a long list of iconic players, the team has won 16 championships to date. But none of this would be possible without the billionaire owners behind the team.
The first owner of the modern-day Lakers was Dr. Jerry Buss. He paid a then-record $67.5 million for the team in 1979 and went on to turn the Lakers into one of the most successful franchises in sports. He held the team until his death in 2013, and the Lakers have since been owned by his six children: Johnny, Jim, Jeannie, Joe, Janie and Jeanie.
In 2017, the Buss family sold a minority stake in the Lakers to billionaire businessman and philanthropist, Patrick Soon-Shiong. Soon-Shiong is the second-largest stakeholder in the team, owning approximately 4%. He is a medical doctor and entrepreneur who is best known for his work in genetics and biotechnology.
In addition to his stake in the Lakers, Soon-Shiong is the Chairman and CEO of NantWorks, LLC, a healthcare technology and research company. He is also the founder of the Chan Soon-Shiong Family Foundation, a charity that focuses on fighting poverty and improving the lives of children in underserved communities.
The current majority owners of the Lakers are the Buss family and Guggenheim Partners LLC. Guggenheim is an investment and financial services firm owned by billionaire Mark Walter and a group of investors. Walter purchased the team in 2012 and is the team’s managing partner and chairman. He is also the CEO of Guggenheim Partners.
The Buss family and Guggenheim Partners LLC have a combined net worth of $15.2 billion, according to Forbes. This makes them one of the wealthiest ownership groups in professional sports.
The combined net worth of the Lakers’ billionaire owners is a testament to the team’s success. They have consistently invested in the team, bringing in top-tier talent and ensuring the Lakers remain one of the most successful franchises in the NBA.
Owner | Net Worth |
---|---|
Buss Family | $6.1 billion |
Guggenheim Partners LLC | $9.1 billion |
Patrick Soon-Shiong | $9 billion |
The net worth of the Lakers owner is estimated to be over $6 billion.
The current owner of the Lakers is Jeanie Buss.
Jeanie Buss inherited ownership of the Lakers from her father, Jerry Buss.
The Lakers ownership group is Buss Family Trusts.
The net worth of the Lakers ownership group is estimated to be over $6 billion.
The members of the Lakers ownership group are Jeanie Buss, Jim Buss, Johnny Buss, and Janie Buss Drexel.
The owners of the Lakers also have investments in real estate, venture capital, and technology.
The net worth of each Lakers owner is not publicly available.
No, the Lakers ownership group is not publicly traded.
The Lakers became one of the wealthiest sports teams through smart investments and capitalizing on the growing popularity of the NBA.