What is Jeanie Buss’ net worth?
|Net Worth:||500 million dollars|
|bear:||September 26, 1961|
|country:||United States of America|
|salary:||$60 million (annual)|
Jeanie Buss is an American sports executive who has a net worth of $500 million. She is chairman of the Los Angeles Lakers and co-owner of the Women of Wrestling company.
Jerry Buss, Lakers and other sports business owners are her fathers. At 19, she joined her family business as general manager of a professional tennis team, after which she bought a roller hockey team. After her father’s death in 2013, her family’s trust passed control of the Lakers to his six descendants. In 2020, she made history as the first female manager of an NBA team.
Jeanie Marie Buss was born on September 26, 1961 to Joann and Jerry Buss. She has three siblings. She was raised by her older brothers Johnny and Jim and her sister Janie. After her parents’ divorce in 1972, Buses felt emotionally abandoned.
When Buss was 14, he attended a world team tennis conference with his father, who owned the Los Angeles Strings. She got to know Pickfair so well that she started her tour. World TeamTennis ceased operations in 1978, but re-emerged as TeamTennis in 1981. On the second iteration, Jerry regained control of the Strings. At 19, she joined her family business as general manager of the Los Angeles Strings professional tennis team owned by her father. Buss studied Business Administration and she graduated with honors from the University of Southern California (USC).
After the Strings folded in 1993, Buss founded the Los Angeles Blades at Roller Hockey International, bringing professional roller hockey to Los Angeles. Her league recognized her as her Officer of the Year. For four years, Buss was president of the Great Western Forum, Lakers’ former home stadium.
His relationship with the Lakers was strengthened during his tenure at the Forum, and since 1995 served as an alternate governor on the NBA Board of Directors. In 1999, she was promoted to senior vice president of business operations for the Los Angeles Lakers.
Jim was appointed Vice President of Player Human Resources in 2005. Following his father’s plans, Buss will have business decision-making authority and Jim will oversee basketball games. In 2005 Sporting News named Buss one of the top 20 women in sports.
In 2011, Forbes called Buss “one of the most powerful women in sports management” and ESPN named her “one of the most powerful women in the NBA.” After her father’s death in 2013, her six children were given equal voting rights through a trust to a 66% stake in the Lakers. Buss fired Mitch Kupchak as general manager, accepted her brother Jim’s resignation as vice president of basketball operations in 2017, and appointed Magic Johnson as president of basketball operations.
In addition to managing Laker’s, Buss is the owner of WOW-Women Of Wrestling. Over Circa Resort & Casino in Las Vegas in 2021 ViacomCBS Global Distribution President Dan Cohen and Buss longtime business partner David McLane announced that ViacomCBS has entered into a multi-year distribution agreement for WOW advertising. The most comprehensive media distribution platform in women’s wrestling history.
In 1990, Buss married volleyball player Steve Timmons, but they broke up three years later. In the May 1995 issue of Playboy, she was photographed nude. Buss revealed on Twitter that she was dating comedian Jay Mohr in 2021. After dating Phil Jackson in late 1999, she became engaged to him for four years.
Jeanie’s brother Johnny took over the Lakers from his sister in 2017. The coup culminated as Jeanie gained more influence on the team after a long battle. She now has full control over the decisions of the Raker family.
It was reported that Jeanie Buss’ Playa Vista property sold for $2575,000 in 2019. The four-bedroom home is set on a corner lot and has over 3,200 square feet of living space. She agreed to the price cut, even though the house was listed for $225,000 above its original sale price. Jeanie paid $2.6 million for a new 2,200-square-foot home in the Playa del Rey district of Los Angeles in 2020. Highlights are the 4 bedroom beach villa with swimming pool, spa and gym.
As of 2022, Jeanie Buss has an estimated net worth of $500 million. Jeanie amassed a huge net worth as the owner of the Lakers. Jeanie Buss was born into a family with a lot of power, money and investment assets. She has been a full member of the beloved NBA club since 2013 and she has a relationship with A-list celebrity Magic Johnson.