What is Jeanie Buss's Net Worth in 2024?
What is Jeanie Buss's Net Worth in 2024?
By Jordan Samar March 01, 2024 05:24
Jeanie Buss, the President and controlling owner of the Los Angeles Lakers, is a prominent figure in the sports industry with an estimated net worth of $500 million as of 2024. Her financial standing is a result of various income sources, including her ownership stake in the Lakers, real estate investments, and business ventures, among other factors. This comprehensive article provides an in-depth analysis of Jeanie Buss's projected net worth for the year 2024, shedding light on her current financial status, potential sources of income, investments, and influential factors contributing to her net worth.
Overview of Jeanie Buss's Net Worth
Jeanie Buss, born on September 26, 1961, is the daughter of the late Lakers owner Jerry Buss. As of 2024, her net worth is estimated to be $500 million, reflecting her successful career in the sports industry and her ownership stake in the Los Angeles Lakers. Throughout her professional journey, Buss has amassed significant wealth through her leadership role in the Lakers organization, business ventures, and strategic real estate investments. Her financial success and influential position in the sports and business world solidify her status as a leading figure in the industry.
Sources of Income
Ownership Stake in the Los Angeles Lakers
Jeanie Buss holds a controlling ownership stake in the Los Angeles Lakers, inheriting a 66% ownership share in the team through a family trust following the passing of her father, Jerry Buss, in 2013. This ownership stake translates to approximately 11% of the Lakers, with each 11% ownership stake estimated to be worth around $715 million, considering the team's current valuation of $6.5 billion. Buss's ownership not only provides her with a substantial financial interest but also grants her the authority to represent the team on the NBA's Board of Governors, allowing her to have a say in important league-wide decisions.
Business Ventures
Aside from her involvement in the Lakers, Jeanie Buss has diversified her wealth through business ventures. She is the co-owner and promoter of Women of Wrestling (WOW), a women's professional wrestling promotion. Buss's partnership with WOW showcases her entrepreneurial skills and commitment to empowering women in sports, providing a platform for female wrestlers to showcase their talents. Her involvement in WOW demonstrates her ability to diversify her business portfolio and explore new avenues for success, contributing to her continued financial prosperity.
Real Estate Investments
Jeanie Buss has strategically invested in real estate properties, further enhancing her financial portfolio. Her notable real estate ventures include the acquisition and sale of luxurious properties, such as her Playa Vista home and Playa del Rey property. These properties not only serve as valuable assets but also reflect her personal style and provide her with additional sources of income. Buss's astute business acumen in real estate investments demonstrates her ability to leverage prime locations and properties for financial gain.
Financial Analysis and Projections
Estimated Net Worth
Considering her ownership stake in the Lakers, business ventures, and real estate investments, Jeanie Buss's net worth is estimated to be $500 million as of 2024. While her primary source of income stems from her ownership stake in the Lakers, her diverse portfolio of investments and business ventures contributes significantly to her overall wealth. The projected net worth reflects her continued financial prosperity and enduring influence in the sports and business world.
Net Worth Growth
Jeanie Buss's net worth has experienced substantial growth over the years, exemplifying her remarkable achievements and lasting impact in the world of professional basketball. From a net worth of $100 million in 2020 to $500 million in 2024, her financial trajectory underscores her influential position as a trailblazing executive in the sports industry. The steady growth of her net worth underscores her successful career and strategic financial decisions.
Jeanie Buss's projected net worth for the year 2024 stands at $500 million, showcasing her exceptional career as a sports executive and owner. Her ownership stake in the Los Angeles Lakers, business ventures, and real estate investments collectively contribute to her substantial wealth. Buss's financial success, coupled with her dedication to empowering women in sports and maintaining her father's legacy, solidifies her position as one of the most influential figures in the sports industry. Her projected net worth serves as a testament to her remarkable achievements and enduring impact in the world of professional basketball.
As a leading figure in the sports and business world, Jeanie Buss's net worth underscores her influential role as the President and controlling owner of the Los Angeles Lakers, as well as her ability to diversify her financial portfolio through strategic investments and business ventures. With her unwavering dedication to the Lakers' success and her commitment to empowering women in sports, Jeanie Buss continues to shape the future of professional basketball and inspire aspiring female sports executives.
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