Who is the richest owner in the NFL?
Who is the richest owner in the NFL?
By Arslan Saleem May 07, 2024 04:21
The National Football League (NFL) is not only home to some of the most successful and popular sports teams in the world, but it also boasts a league of extremely wealthy team owners.
The net worth of these owners often stems from various sources, such as inherited family wealth, successful business ventures, and investments in diverse industries.
Rob Walton, Denver Broncos
S. Robson Walton, a member of the Walton family known for their association with Walmart, is the undisputed richest owner in the NFL.
In 2022, he acquired the Denver Broncos for $4.65 billion, a mere fraction of his estimated net worth of $77.4 billion. The majority of his wealth can be attributed to his family's ownership of Walmart, with other prominent executives, such as Greg Penner, contributing to the Walton-Penner ownership group's total net worth of $59 billion.
David Tepper, Carolina Panthers
David Tepper, the founder of Appaloosa Management, a global hedge fund, holds the position of the second-richest NFL owner with an estimated net worth of $20.6 billion. Tepper's acquisition of the Carolina Panthers in 2018 for $2.2 billion further bolstered his financial standing.
Despite the Panthers' on-field performance, Tepper's vast wealth ensures that the team has substantial financial backing.
Jody Allen, Seattle Seahawks
Following the passing of her brother, Microsoft co-founder Paul Allen, Jody Allen took over as the executor of his estate, which includes ownership of the Seattle Seahawks. With an estimated net worth of $20.3 billion, Jody Allen ranks as the third-richest owner in the NFL.
Hunt Family, Kansas City Chiefs
The Kansas City Chiefs, currently valued at an estimated $15.5 billion, are owned by the Hunt family. Lamar Hunt, who initially used inherited oil wealth to co-found the American Football League, laid the foundation for the family's substantial net worth.
After Lamar Hunt's passing in 2006, control of the team passed to his family, solidifying their position as one of the wealthiest ownership groups in the NFL.
Stan Kroenke, Los Angeles Rams
Stan Kroenke, a real estate magnate who also owns the Denver Nuggets, Colorado Avalanche, Colorado Rapids, and the Arsenal Football Club in England, is the owner of the Los Angeles Rams. His estimated net worth of $15.7 billion further cements his status as one of the NFL's wealthiest owners.
Jerry Jones, Dallas Cowboys
Jerry Jones, the iconic owner of the Dallas Cowboys, has solidified his place among the NFL's richest owners with an estimated net worth of $13.8 billion. Jones made his fortune in the oil industry, and his investments in drilling opportunities, retail, and residential real estate projects in Dallas have contributed to his substantial wealth.
The Cowboys, currently valued at around $9 billion, remain one of the most valuable sports franchises globally, a testament to Jones' financial prowess.
To conclude, the wealthiest NFL owners represent a diverse array of backgrounds, from inherited family wealth to successful business ventures. The NFL's richest owner, S. Robson Walton, is by far the wealthiest among his billionaire peers, with an estimated net worth of $77.4 billion. His association with the Walton family and their ownership of Walmart places him in a league of his own within the NFL ownership landscape.
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