Jeanie Buss is a prominent figure in the world of professional sports. She is best known for being the controlling owner and President of the Los Angeles Lakers, a professional basketball team that competes in the National Basketball Association (NBA).
Born on September 26, 1961, Jeanie Buss is the daughter of the late Jerry Buss, who was also the owner of the Los Angeles Lakers. Jerry Buss was a successful businessman and real estate investor who purchased the Lakers in 1979. Under his ownership, the Lakers became one of the most successful NBA franchises in history, winning 10 championships during his tenure.
After her father passed away in 2013, Jeanie Buss inherited his controlling ownership stake in the Lakers. She became the first female controlling owner in NBA history and has since taken on the role of President of the team. In this role, she oversees all aspects of the organization, including basketball operations, marketing, and business operations.
While some have speculated that Jeanie Buss may consider selling her ownership stake in the Lakers, such a move would be complicated and is not considered likely. The Buss family owns a 66% majority stake in the team, and any potential sale would involve a complex negotiation process with the other owners.
In addition to her role with the Lakers, Jeanie Buss has also been involved in other sports ventures. She is a co-owner of the Los Angeles Sparks, a professional women’s basketball team that competes in the Women’s National Basketball Association (WNBA). She also serves as the President of the Board of Directors for the Lakers Youth Foundation, which provides support and resources for youth programs in the Los Angeles area.
Outside of sports, Jeanie Buss is also a successful businesswoman and entrepreneur. She is the CEO of Jeanie Buss Enterprises, a company that includes real estate investments, a production company, and a consulting firm.
In terms of her personal life, Jeanie Buss is known for her philanthropic work and has been involved in various charitable organizations. She has also been in a long-term relationship with former Lakers coach Phil Jackson.
Jeanie Buss is a prominent figure in the world of professional sports and business. As the controlling owner and President of the Los Angeles Lakers, she has overseen the team’s continued success and has become a trailblazer for women in the sports industry. Her impact extends beyond basketball, as she has also been involved in other sports ventures and charitable organizations. With her continued success and leadership, it will be interesting to see what the future holds for Jeanie Buss and her many ventures.
How Much Of The Lakers Does Jeanie Buss Own?
Jeanie Buss, the daughter of late Lakers owner Jerry Buss, is currently the controlling owner and president of the Los Angeles Lakers. She inherited a 66% majority ownership stake in the franchise from her father upon his passing in 2013. This means that she has a significant amount of control over the team’s operations, including decisions related to player personnel, coaching staff, and organizational strategy. While there has been speculation about the possibility of the Buss family selling their ownership stake in the Lakers, this would likely be a complex and difficult process that is not currently on the horizon.
How Did The Buss Family Get Rich?
The Buss family’s wealth can be attributed to their success in the real estate business. Dr. Jerry Buss, the patriarch of the family, started out as a chemistry professor but later transitioned into real estate investing. He was able to find great success in this field and eventually formed Mariani-Buss Associates with his longtime business partner, Frank Mariani.
In addition to their real estate investments, the Buss family also has a stake in the sports industry. Dr. Buss purchased the Los Angeles Lakers basketball team in 1979 and brought them to great success, winning 10 NBA championships under his ownership. The Buss family also owns the Los Angeles Sparks women’s basketball team and a stake in the Los Angeles D-Fenders NBA Development League team.
It is their success in the real estate and sports industries that has led to the Buss family’s wealth.
What Is Lakers Owner Worth?
According to Celebrity Net Worth, as of 2022, Lakers owner Jeanie Buss’ net worth is estimated to be $500 million.
Conclusion
Jeanie Buss is a prominent figure in the sports industry, particularly in basketball as the current owner and CEO of the Los Angeles Lakers. Her leadership and business acumen have helped the team win multiple championships and maintain a strong brand image. Buss’s net worth is estimated to be $500 million, a testament to her success not only in basketball but also in her previous ventures in real estate. While rumors of the Buss family selling their majority ownership stake have circulated, it is important to note that the process is complex and unlikely to happen anytime soon. Jeanie Buss’s contributions to the Lakers and her achievements in the business world solidify her status as a respected and influential figure.
