In the dynamic world of sports, financial success often mirrors the prowess of the athletes on the field. One such influential figure is Jeanie Buss, the President and controlling owner of the iconic Los Angeles Lakers.
Her estimated net worth stands at an impressive $700 million, showcasing not only her financial acumen but also her indomitable spirit in overcoming challenges.
Jeanie Buss’s Net Worth 2024
Jeanie Buss commands an estimated net worth of $700 million, solidifying her position as one of the foremost influential women in the realm of sports. However, her journey to success has been marked by challenges, transcending the advantages of her affluent background.
Jeanie Buss, born on September 26th, 1961, in Santa Monica, California, inherited a legacy deeply rooted in sports. Raised by her father, the late Jerry Buss, who was not only a successful real estate tycoon but also the owner of the Los Angeles Lakers, Jeanie’s journey into the world of sports management started at a young age.
“At the age of 17, she elected to live with her father and moved in with him full time,” a decision that laid the foundation for her future endeavors in the sports industry.
How Much is Jeanie Buss Worth?
Upon Jerry Buss’ passing in 2013, Jeanie and her five siblings inherited a significant stake in the Lakers. The family trust, owning 66% of the Lakers, meant that each child held an 11% stake. With the team’s current valuation soaring to $6.5 billion, each 11% stake translates to a substantial $715 million.
Notably, the Lakers’ ownership landscape includes other prominent figures like Mark Walter, Todd Boehly, and Ed Roski, each contributing to the team’s success and financial standing.
“In 2017, Jeanie’s brother Johnny attempted to take control of The Lakers away from his sister. After a protracted battle, Jeanie emerged with 100% control of the team, representing the Lakers on the NBA’s Board of Governors.”
Jeanie Buss embarked on her career at the age of 19 as the general manager of the Los Angeles Strings, a professional tennis team. Her journey continued with ownership of the Los Angeles Blades in Roller Hockey International, followed by a four-year tenure as the president of the Great Western Forum – the Lakers’ stadium during that time.
Her dedication and contributions to the sports industry reached new heights when she won a 2023 Sports Emmy Award as the executive producer of “Legacy: The True Story of the LA Lakers.”
Jeanie’s early life was intertwined with the success of her father, Jerry Buss, in both real estate and sports. Despite her parents’ divorce, she maintained a strong bond with her father, learning valuable lessons that would shape her future.
“Jerry played a major role in building the Lakers into a franchise worth $1 billion.”
Conclusion
In the competitive realm of sports ownership and management, Jeanie Buss stands as a trailblazer. Her net worth of $700 million not only reflects her financial success but also underscores her pivotal role in steering the Lakers to new heights.
From navigating family dynamics to winning prestigious awards, Jeanie’s journey is a testament to her resilience and dedication to the world of sports. As we look towards the future, Jeanie Buss continues to be a driving force, leaving an indelible mark on the legacy of the Los Angeles Lakers.