Who is the Wealthiest NFL Team Owner?
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Wealth is a relative term, but when it comes to NFL team owners, there are definitely some very wealthy individuals. So, who is the wealthiest NFL team owner?
Jerry Jones – Dallas Cowboys
Jerry Jones is an American businessman and the owner of the Dallas Cowboys, the most valuable sports franchise in the world. He is also the CEO of its profits. In 2019, Forbes estimated Jones’s net worth to be $8.6 billion, making him the richest NFL owner.
Net worth: $8.6 billion
As of September 2018, Jerry Jones’ net worth was estimated to be $8.6 billion. He is the owner of the Dallas Cowboys, the most valuable sports franchise in the world. The Cowboys are worth an estimated $4.8 billion, and Jones has a controlling interest in the team. He bought the Cowboys for $140 million in 1989.
Jones made his fortune in the oil and gas industry. He is the chairman and CEO of Jones Energy, a Texas-based oil and gas exploration and production company. He also has extensive real estate holdings, including a stake in the Grand Prairie-based construction firm M&S Drilling.
In addition to his business interests, Jones is also a philanthropist. He has donated millions of dollars to charitable causes, including education, health care, and arts and culture organizations.
Source of wealth: oil, gas, real estate
Jerry Jones is the owner of the Dallas Cowboys, one of the most valuable sports franchises in the world. His net worth is estimated to be $8.6 billion, making him one of the richest people in sports. Jones’ wealth comes from a variety of sources, including oil, gas, and real estate.
Jones’ father founded an oil and gas exploration company in Longview, Texas, in 1954. The company was successful, and Jerry Jones inherited a large fortune when his father died in 1963. He used some of this money to purchase the Dallas Cowboys in 1989.
Since then, Jones has been involved in a number of high-profile real estate deals. In 2004, he opened a luxury hotel and spa in Dallas called The Joule. He has also developed a number of high-rise residential and office towers in Dallas’ upscale Uptown district. These deals have helped to make Jerry Jones even wealthier.
Robert Kraft – New England Patriots
Net worth: $6.9 billion
Kraft, 79, has been the Patriots’ owner since 1994. He bought the team for $172 million, a then-record price for an NFL franchise. The team is now worth an estimated $3.7 billion, according to Forbes. Kraft also owns Major League Soccer’s New England Revolution and Gillette Stadium, where both the Patriots and Revolution play.
Source of wealth: paper and packaging
Robert Kraft is the chairman and CEO of the Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment, real estate, and private equity. He is also the owner of the New England Patriots, the New England Revolution, and Gillette Stadium.
Kraft began his career working in his father’s scrap paper business. In 1968, he founded International Forest Products (IFP), a commodities trading company that dealt in both domestic and international paper markets. IFP quickly became one of the largest privately held companies in the paper industry, with annual sales of over $1 billion.
In 1972, Kraft ventured into sports ownership when he purchased a minor league hockey team, the Boston Blazers. He later sold the team to pay off debt incurred from a failed business venture.
In 1994, Kraft made his biggest sports acquisition when he purchased the New England Patriots for $172 million. The team was struggling at the time, but Kraft turned them into one of the most successful franchises in NFL history. Under his ownership, the Patriots have won six Super Bowls (2001, 2003, 2004, 2014, 2016, 2018), more than any other team in NFL history.
In 2001, Kraft completed construction on Gillette Stadium in Foxborough, Massachusetts. The stadium serves as both home to the Patriots and Revolution soccer team. It is also used for concerts and other events throughout the year.
With a net worth estimated at over $6 billion dollars as of 2019, Robert Kraft is one of richest men in America and easily the wealthiest NFL team owner.
Stan Kroenke – Los Angeles Rams
America’s richest NFL team owner is Stan Kroenke, who has a net worth of $8.3 billion. Kroenke made his fortune in real estate, sports, and entertainment. He owns a portfolio of properties across the United States, including the Los Angeles Rams, Colorado Avalanche, and Arsenal Football Club. Kroenke is also the co-founder of the outdoor retail giant, Bass Pro Shops.
Net worth: $8.3 billion
As of August 2016, Kroenke’s total net worth was estimated at $8.3 billion, making him the 28th richest person in the world and the wealthiest NFL team owner. Kroenke also owns Premier League football club Arsenal. He first purchased a stake in Arsenal in 2007 and became the club’s majority shareholder in 2011.
Source of wealth: real estate, sports, media
Stan Kroenke is an American billionaire businessman. He is the owner of Kroenke Sports & Entertainment, which includes the Los Angeles Rams, Colorado Avalanche, Denver Nuggets, Colorado Rapids, and Arsenal F.C. He also has sizable holdings in real estate and media.
Kroenke was born in Columbia, Missouri, and raised in Mora, Missouri. He attended the University of Missouri, where he earned a bachelor’s degree in economics in 1973. He began his business career as a developer of shopping centers. In the 1980s, he began diversifying his portfolio by investing in other types of businesses, including sports teams and media companies.
Today, Kroenke is one of the richest sports team owners in the world. Forbes estimates his net worth to be $8 billion.
Shahid Khan – Jacksonville Jaguars
Shahid Khan is the owner of the Jacksonville Jaguars and Fulham FC. He is also the chairman and CEO of Flex-N-Gate Corporation. He is the wealthiest NFL team owner with a net worth of $8.5 billion.
Net worth: $8.5 billion
As of September 2018, Shahid Khan has an estimated net worth of $8.5 billion, making him the wealthiest NFL team owner. Khan is the owner of the Jacksonville Jaguars, as well as the English Premier League team Fulham F.C. He is also the CEO of auto parts manufacturer Flex-N-Gate.
Khan was born in Lahore, Pakistan, in 1950. He came to the United States in 1967 to study at the University of Illinois at Urbana-Champaign, where he earned a bachelor’s degree in industrial engineering. After graduation, he worked for a series of companies before starting his own business, Flex-N-Gate, in 1977.
Khan first become interested in buying an NFL team in 2010, when he made an unsuccessful bid for the St. Louis Rams. He later successfully bid for the Jacksonville Jaguars in 2012. Under Khan’s ownership, the Jaguars have made it to the playoffs three times, most recently in 2017.
Source of wealth: auto parts, logistics
Shahid Khan is the majority owner of the Jacksonville Jaguars of the National Football League (NFL). He is also the owner of Fulham Football Club, an English soccer team in the top-flight League Championship. He owns these teams through his holding company, Khan Enterprises.
Khan was born in Lahore, Pakistan in 1950. He immigrated to the United States in 1967 to attend the University of Illinois at Urbana-Champaign on a math and economics scholarship. After graduating in 1971, he worked for almost a decade as an engineer for American Motors Corporation and then Flex-N-Gate, an auto parts manufacturer he eventually bought in 1980.
In 2012, Khan purchased the St Louis Rams NFL team for $750 million but later decided to move the team back to his hometown of Los Angeles. He has a net worth of $8.6 billion as of September 2020, making him the 158th richest person in America and 544th globally.
Stephen Ross – Miami Dolphins
Stephen Ross is the current owner of the Miami Dolphins, and he is also the wealthiest NFL team owner. Ross is worth an estimated $12 billion, which is more than twice the net worth of the next wealthiest owner, Jerry Jones of the Dallas Cowboys. Ross made his fortune by founding The Related Companies, a real estate development firm.
Net worth: $7.6 billion
As of September 2019, Ross has a net worth of $7.6 billion, making him the wealthiest NFL team owner. Forbes magazine ranked him the 203rd wealthiest person in America and 715th in the world. He is also a major philanthropist, donating over $2 billion to various causes.
Source of wealth: real estate
Ross is the chairman and majority owner of The Related Companies, a global real estate development firm. He also has ownership stakes in several sports teams, including the Miami Dolphins of the National Football League (NFL), the e-sports team Echo Fox, and a minority stake in Yankee Global Enterprises (which owns the New York Yankees of Major League Baseball). In 2009, Ross was ranked #4 on Forbes’ list of America’s 400 richest people, with a net worth of $4.5 billion. As of 2019, Ross’s net worth was estimated at $7.6 billion, making him the wealthiest NFL team owner.
Ross was born in Detroit, Michigan, to a Jewish family. He graduated from Detroit Country Day School and then earned a bachelor’s degree in business administration from the University of Michigan in 1962. After graduation, Ross began his career as an apartment leasing agent. In 1968, he co-founded The Related Companies with Joel Rosenman and Jeff Tug Jenks. The company became involved in real estate development, investments, and management.
In 2005, Ross purchased a 50% stake in the Miami Dolphins for $550 million. In 2008, he bought an additional 45% stake for $1 billion, becoming the majority owner of the team. Under Ross’s ownership, the Dolphins have made two trips to the playoffs (in 2016 and 2018) and have won one playoff game (in 2016).