Billions in the Bag: Marc Lore's Net Worth
Billions in the Bag: Marc Lore's Net Worth
By Edcel Panganiban January 18, 2025 16:21
Owners in the NBA typically have a lot of money to spend. Many of them are collectives while others are just insanely rich billionaires. Marc Lore is one of these insanely opulent fans of the game who hoped to own a franchise back when he was young. This dream came true when he won with Alex Rodriguez for the right to be called the owner of the Minnesota Timberwolves. So, how much is he valued now, and how did this amount of cash end up in his net worth?
Marc Lore is a master at making startups grow to become titans in their respective industries. From Topps to Quindsi, he became known for being insanely talented at crunching data while deciphering the proper solutions to improve each and every one of his companies' growth. His biggest triumph was Jets.com. His acumen in the world of stocks got him and the corporation such a big amount which helped a lot of people.
Jets.com would eventually be valued at $3.3 billion and was on par to compete with Amazon. With the amount of cash that he had and the love people had for Alex Rodriguez, they were able to buy the Timberwolves and Lynx franchises. They are supposedly the ones who should be taking over, if not for Glen Taylor's revelation about missed deadlines.
With all of that said, Lore is clearly a behemoth in the world of making businesses flourish. His net worth of $4 billion and counting clearly speaks for itself. But, if it's not clear enough, this member of the three-comma club is more than capable of helping the Timberwolves and Lynx expand way more.
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