Jeanie Buss, daughter of Lakers owner Jerry Buss, has been a mainstay in the Lakers organization for years. She is the VP of Basketball Operations and has been a part of many championship teams. However, Jeanie is more than just an executive in the NBA.
She is an advocate for women in sports and a powerful voice in the fight against domestic violence. This blog post will closely examine Jeanie Buss’s work behind the scenes of one of America’s most iconic sports franchises.
Also read Gwen Stefani Net Worth.
What Is Jeanie Buss’ Net Worth?
Jeanie Buss is an American businesswoman who is the majority owner and president of the Los Angeles Lakers of the National Basketball Association (NBA) in southern California. She is also a co-owner of the Los Angeles Sparks of the Women’s National Basketball Association (WNBA).
Buss has an estimated net worth of $4.3 billion, making her one of the wealthiest women in sports. Her father, Jerry Buss, bought the Lakers in 1979 for $67.5 million. When he died in 2013, Jeanie inherited a controlling interest in the team.
She has since overseen the Lakers’ return to prominence, winning championships in 2009 and 2010. Buss is also a member of the NBA Board of Governors and was inducted into the Naismith Memorial Basketball Hall of Fame in 2010.
Also read: Lisa Vanderpump Net Worth
Early Life And Family
Jeanie Buss was born into a family with a long history in the sports world. Her father, Jerry Buss, was a real estate investor who made a fortune in the 1970s by investing in properties near the Newlyweds game Show.
Jerry went on to buy the Los Angeles strings Lakers in 1979, and Jeanie later joined him as an owner of the team. Her brother, Jim, is also an owner of the Lakers, and her sister, Janie, is married to former Lakers coach Phil Jackson.
Jeanie has always been involved in the Lakers organization, and she took over as team president in 2013 after her father’s death. She has helped to guide the team to success on and off the court, and she is widely respected as one of the most powerful women in sports.
Jeanie Buss’ early life was shaped by her family’s involvement in the sports world, and she has continued that tradition as an owner of the Los Angeles Lakers.
Buss played a significant role in women’s professional basketball growth in the United States. She helped to found the Women’s National Basketball Association (WNBA) and served as its first president. She also helped create the NBA Development League, now known as the G League.
In addition to her work in basketball, Buss is also a co-owner of the Los Angeles Dodgers baseball team. She is a member of the USC Board of Trustees and a former member of the board of directors for AEG, global sports, and entertainment company.
Jeanie Buss’ career has been defined by her commitment to growing professional basketball in the United States. She is a true pioneer in the industry and has helped to create opportunities for countless other women.
Also read: T-Pain Net Worth
Family Legal Issues
The Buss family has been involved in a legal battle over the ownership of the Los Angeles Lakers. The dispute began when Jerry Buss, the team’s owner, died in 2013. His children, including Jeanie Buss, inherited the team.
However, Jerry Buss’s estranged son, Jim, claimed he was entitled to half of the team’s ownership. The two sides have been battling in court ever since. In 2016, a judge ruled in favor of Jeanie Buss and her siblings, stating that they had followed their father’s wishes regarding succession.
However, the case is still ongoing, as Jim Buss has appealed the ruling. The legal dispute has strained the family, but Jeanie Buss remains committed to owning and operating the Lakers.
Despite being one of the most powerful women in the NBA, Jeanie Buss’ personal life is relatively private. She has been married twice, first to Phil Jackson and then to Jerry Buss, but both marriages ended in divorce.
She has also been linked to several high-profile men, including Lakers president Magic Johnson and retired NBA player Kobe Bryant. However, it is unclear what her current relationship status is. Jeanie Buss is a passionate and successful businesswoman who seems to be focusing on her career now.
She has built a strong reputation as the Laker’s owner and is widely respected throughout the NBA community. While her personal life may be somewhat mysterious, there is no doubt that Jeanie Buss is one of the most powerful and influential women in basketball.
Also read: Bill Murray’s Net Worth
She also owns a controlling interest in the Los Angeles Sparks of the Women’s National Basketball Association (WNBA). In addition to her ownership stakes in these two professional basketball teams, Buss also has a significant portfolio of real estate holdings.
Her properties include several residential properties in the greater Los Angeles area and several commercial properties. In total, Jeanie Buss’ real estate holdings are estimated to be worth over $500 million. Given her vast wealth, it is no surprise that Buss is one of the most powerful women in sports.
Frequently Asked Question
How Rich Is The Owner Of The Lakers?
Lakers owner Jeanie Buss is one of the wealthiest women in sports. According to Forbes. That puts her ahead of fellow NBA owners Michael Jordan and Tilman Fertitta and NFL owners Jerry Jones and Robert Kraft.
In addition to her stake in the Lakers, Buss also owns a minority stake in the Los Angeles Dodgers. She inherited control of the Lakers from her father, Jerry Buss, who bought the team in 1979 for $67 million.
When he died in 2013, Jeanie Buss took over as majority owner. Since then, she has helped to turn the Lakers into one of the most valuable franchises in sports. The team is now worth an estimated $3.7 billion.
Also read: Luke Combs Net Worth
Who Is The Richest Basketball Player Living?
According to Forbes, the most affluent basketball player living is Michael Jordan. As of March 2021, Jordan’s net worth is estimated at $1.6 billion. Born in 1963, Jordan is a retired professional basketball player best known for his time with the Chicago Bulls.
He was inducted into the Basketball Hall of Fame in 2009 and is considered one of the greatest players in basketball history. In addition to his on-court accomplishments, Jordan has also been successful as a businessman, owning equity stakes in several companies, including the Charlotte Hornets.
His net worth indicates that he is currently the wealthiest basketball player living. However, it should be noted that other retired players, such as Kobe Bryant and LeBron James, also have high net worths.
As of 2021, Bryant’s net worth is estimated at $600 million, while James’ net worth is estimated at $450 million. Thus, while Jordan may be the wealthiest basketball player as of 2021, several other players are not far behind him in terms of overall wealth.
As the current president of the Los Angeles Lakers, it’s no surprise that Jeanie
sitting on a team from her father isn’t usually a recipe for success. Still, Buss has turned the Lakers into one of the most valuable NBA franchises. Thanks to her intelligent moves and business operations understanding, she has increased the value of the team tenfold.
So, if you’re ever feeling down about your net worth, just number that even someone like Jeanie Buss had to start somewhere. And with hard work and dedication, you can achieve anything you want!