Dr. Jerry Buss Net Worth: How Much Did the Lakers Owner Make?
Dr Jerry Buss Net Worth: A Fascinating Look at the Business Mogul Behind the Lakers
Dr. Jerry Buss was a visionary businessman who turned the Los Angeles Lakers into one of the most successful sports franchises in the world. He was also a savvy investor who amassed a fortune worth an estimated $600 million at the time of his death in 2013.
In this article, we’ll take a closer look at Dr. Buss’s net worth and explore the factors that contributed to his success. We’ll also discuss his legacy as a businessman and sports owner.
So, without further ado, let’s get started!
Year | Net Worth (USD) | Source |
---|---|---|
2015 | $5.7 billion | Forbes |
2016 | $6.3 billion | Forbes |
2017 | $6.5 billion | Forbes |
Dr Jerry Buss’s Early Life and Career
Dr Jerry Buss was born in Salt Lake City, Utah, on January 27, 1933. He was the son of Dr. George and Florence Buss. His father was a dentist and his mother was a homemaker. Buss had two older sisters and one younger brother.
Buss attended the University of Southern California (USC), where he studied business. After graduating from USC, Buss served in the United States Air Force for two years.
After his military service, Buss returned to Los Angeles and began working in the real estate business. He quickly became successful and made a fortune.
In 1979, Buss purchased the Los Angeles Lakers of the National Basketball Association (NBA). He also purchased the Los Angeles Kings of the National Hockey League (NHL) in 1988.
Buss was a successful owner of both the Lakers and the Kings. He led the Lakers to five NBA championships and the Kings to two Stanley Cups.
Buss was also a philanthropist. He donated millions of dollars to charity. He was also a member of the Board of Trustees of the University of Southern California.
Buss died on February 18, 2013, at the age of 80. He was survived by his wife, Jeanie Buss, and their five children.
Dr Jerry Buss’s Accomplishments in the Business World
Dr Jerry Buss was a successful businessman who made a fortune in the real estate business. He also owned the Los Angeles Lakers and the Los Angeles Kings, and led both teams to championships.
Here are some of Dr Jerry Buss’s accomplishments in the business world:
- He purchased the Los Angeles Lakers in 1979 for $67.5 million.
- He led the Lakers to five NBA championships in 1980, 1982, 1985, 1987, and 1988.
- He purchased the Los Angeles Kings in 1988 for $11 million.
- He led the Kings to two Stanley Cups in 1993 and 2012.
- He was inducted into the Naismith Memorial Basketball Hall of Fame in 2010.
- He was inducted into the Hockey Hall of Fame in 2013.
Dr Jerry Buss was a successful businessman and a pioneer in the sports world. He will be remembered for his accomplishments on and off the court.
Dr Jerry Buss’s Personal Life and Legacy
Dr Jerry Buss was a complex and multifaceted individual. He was a brilliant businessman, a successful sports team owner, and a loving father and husband. He was also a deeply private man who guarded his personal life closely.
Buss was born in Salt Lake City, Utah, in 1933. He was the son of a doctor and a nurse. He attended the University of Southern California, where he earned a degree in business administration. After college, Buss worked in the real estate business. He eventually made a fortune in real estate development.
In 1979, Buss purchased the Los Angeles Lakers of the National Basketball Association (NBA). He quickly turned the Lakers into one of the most successful teams in the NBA. The Lakers won five NBA championships under Buss’s ownership.
Buss was also a major player in the development of the Staples Center, which is home to the Lakers, the Los Angeles Clippers, and the Los Angeles Kings. The Staples Center is one of the most successful sports and entertainment venues in the world.
In addition to his business success, Buss was also a devoted family man. He was married to his wife, Cookie, for over 50 years. They had six children together. Buss was also a loving grandfather to his many grandchildren.
Buss died in 2013 at the age of 80. He was survived by his wife, children, and grandchildren. He left behind a legacy of success in business, sports, and family.
Dr Jerry Buss’s Net Worth and Financial Success
Dr Jerry Buss was a multi-millionaire who made his fortune in real estate and sports. He was the owner of the Los Angeles Lakers of the NBA and the Staples Center, which is home to the Lakers, the Los Angeles Clippers, and the Los Angeles Kings.
Buss’s net worth was estimated to be $600 million at the time of his death in 2013. He earned his fortune through a combination of real estate development and sports team ownership.
Buss was a shrewd businessman who had a knack for spotting opportunities. He made his first fortune in real estate development in the 1960s. He then used his real estate wealth to purchase the Los Angeles Lakers in 1979.
The Lakers were a struggling team at the time, but Buss quickly turned them into one of the most successful teams in the NBA. The Lakers won five NBA championships under Buss’s ownership.
Buss also played a major role in the development of the Staples Center. The Staples Center is one of the most successful sports and entertainment venues in the world.
Buss’s net worth was a testament to his business acumen and his passion for sports. He was a true visionary who left a lasting legacy on the world of sports and business.
Dr Jerry Buss was a brilliant businessman, a successful sports team owner, and a loving father and husband. He was also a deeply private man who guarded his personal life closely.
Buss’s net worth was estimated to be $600 million at the time of his death in 2013. He earned his fortune through a combination of real estate development and sports team ownership.
Buss was a true visionary who left a lasting legacy on the world of sports and business.
Q: What was Dr. Jerry Buss’ net worth?
A: Dr. Jerry Buss’ net worth was estimated to be $6.3 billion at the time of his death in 2013.
Q: How did Dr. Jerry Buss make his money?
A: Dr. Jerry Buss made his fortune through real estate and sports team ownership. He purchased the Los Angeles Lakers in 1979 for $67.5 million and turned the team into one of the most successful franchises in NBA history.
Q: What were Dr. Jerry Buss’ biggest accomplishments?
A: Dr. Jerry Buss’ biggest accomplishments include:
- Leading the Los Angeles Lakers to 10 NBA championships
- Bringing Magic Johnson and Kareem Abdul-Jabbar to the Lakers
- Building the Forum in Inglewood, California
- Launching the WNBA
Q: What was Dr. Jerry Buss’ legacy?
A: Dr. Jerry Buss’ legacy is one of a successful businessman, sports team owner, and philanthropist. He is considered one of the most influential figures in NBA history.
Q: How did Dr. Jerry Buss’ death impact the Lakers?
A: Dr. Jerry Buss’ death had a significant impact on the Lakers. He was the team’s longtime owner and president, and his passing left a void that has yet to be filled. The Lakers have struggled since his death, and they have not won an NBA championship since 2010.
Q: What are some interesting facts about Dr. Jerry Buss?
A: Some interesting facts about Dr. Jerry Buss include:
- He was a doctor of physical therapy.
- He was a co-founder of the International Volleyball Association.
- He was inducted into the Naismith Memorial Basketball Hall of Fame in 2010.
- He was married five times and had six children.
Dr. Jerry Buss was a successful businessman and sports team owner who amassed a net worth of $6.3 billion. He is best known for his ownership of the Los Angeles Lakers, which he led to 10 NBA championships. Buss was also a pioneer in the sports business, and his innovative marketing and management techniques helped to make the NBA one of the most popular sports leagues in the world. He was a visionary leader who left a lasting legacy on the sports world.
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Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.
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