Jeanie Buss is an American businesswoman and the current owner and president of the Los Angeles Lakers of the National Basketball Association (NBA).
As of 2023, her net worth is estimated to be around $500 million.
Buss inherited the Lakers from her father, Jerry Buss, who purchased the team in 1979. Since taking over the team, Buss has overseen the Lakers' 16th and 17th NBA championships in 2009 and 2010, respectively.
Buss is also a prominent figure in the NBA, serving on the league's Board of Governors and the NBA's Competition Committee.
What is Jeanie Buss Net Worth?
Jeanie Buss is an American businesswoman and the current owner and president of the Los Angeles Lakers of the National Basketball Association (NBA). As of 2023, her net worth is estimated to be around $500 million.
- Inherited wealth: Buss inherited the Lakers from her father, Jerry Buss, who purchased the team in 1979.
- NBA success: Since taking over the team, Buss has overseen the Lakers' 16th and 17th NBA championships in 2009 and 2010, respectively.
- Business acumen: Buss has also been credited with improving the Lakers' business operations, including increasing revenue and profitability.
- Philanthropy: Buss is also a philanthropist, supporting various charitable causes, including education and healthcare.
- Influence in the NBA: Buss is a prominent figure in the NBA, serving on the league's Board of Governors and the NBA's Competition Committee.
These key aspects highlight Jeanie Buss's success as a businesswoman, her contributions to the NBA, and her philanthropic endeavors. Her net worth is a reflection of her hard work, dedication, and commitment to excellence.
| Name | Jeanie Buss | |---|---| | Birth Date | September 26, 1961 | | Birth Place | Santa Monica, California | | Nationality | American | | Occupation | Businesswoman, President of the Los Angeles Lakers | | Net Worth | $500 million (estimated) |
Inherited wealth
This inheritance has played a significant role in Jeanie Buss's net worth, which is estimated to be around $500 million. Jerry Buss, Jeanie's father, was a successful businessman who purchased the Lakers in 1979 for $67.5 million.
- Increased revenue: The Lakers have become one of the most valuable NBA franchises under Jeanie Buss's leadership. The team's revenue has increased significantly, thanks to lucrative television deals, merchandise sales, and ticket sales.
- Increased profitability: The Lakers have also become more profitable under Jeanie Buss's ownership. The team has implemented cost-cutting measures and increased revenue, leading to higher profits.
- Increased value: The Lakers are now worth an estimated $5.5 billion, making them one of the most valuable NBA franchises. This increase in value has significantly contributed to Jeanie Buss's net worth.
Overall, Jeanie Buss's inheritance of the Lakers from her father has been a major factor in her net worth. The team's success on and off the court has led to increased revenue, profitability, and value, all of which have contributed to Jeanie Buss's wealth.
NBA success
Jeanie Buss's success as an owner has a direct correlation to her net worth. The Lakers' success on the court has led to increased revenue, profitability, and value, all of which have contributed to Jeanie Buss's wealth.
- Increased revenue: The Lakers have become one of the most valuable NBA franchises under Jeanie Buss's leadership. The team's revenue has increased significantly, thanks to lucrative television deals, merchandise sales, and ticket sales.
- Increased profitability: The Lakers have also become more profitable under Jeanie Buss's ownership. The team has implemented cost-cutting measures and increased revenue, leading to higher profits.
- Increased value: The Lakers are now worth an estimated $5.5 billion, making them one of the most valuable NBA franchises. This increase in value has significantly contributed to Jeanie Buss's net worth.
In conclusion, Jeanie Buss's NBA success is a major factor in her net worth. The Lakers' success on and off the court has led to increased revenue, profitability, and value, all of which have contributed to Jeanie Buss's wealth.
Business acumen
Jeanie Buss's business acumen has been a major factor in her net worth. The Lakers have become one of the most valuable NBA franchises under her leadership, and the team's revenue has increased significantly. This increase in revenue is due in part to Buss's ability to negotiate lucrative television deals, merchandise sales, and ticket sales.
Buss has also been credited with improving the Lakers' profitability. The team has implemented cost-cutting measures and increased revenue, leading to higher profits. This increase in profitability has contributed to Buss's net worth.
In conclusion, Jeanie Buss's business acumen has been a major factor in her net worth. The Lakers' success on and off the court has led to increased revenue, profitability, and value, all of which have contributed to Buss's wealth.
Philanthropy
Jeanie Buss's philanthropy is a reflection of her commitment to giving back to the community. She has donated millions of dollars to various charitable causes, including education and healthcare. This philanthropy has helped to improve the lives of many people and has also contributed to her net worth.
- Education: Buss is a strong supporter of education. She has donated millions of dollars to schools and universities, including the University of Southern California and the University of California, Los Angeles. These donations have helped to provide scholarships, fund new programs, and improve facilities.
- Healthcare: Buss is also a major supporter of healthcare. She has donated millions of dollars to hospitals and medical research organizations. These donations have helped to provide care to patients, fund new research, and improve healthcare outcomes.
- Community outreach: Buss is also involved in a variety of community outreach programs. She has donated money and time to organizations that support the homeless, the elderly, and the youth. She is also a strong advocate for social justice and equality.
Jeanie Buss's philanthropy has had a positive impact on the community and has also contributed to her net worth. Her commitment to giving back has helped to make a difference in the lives of many people.
Influence in the NBA
Jeanie Buss's influence in the NBA has a direct correlation to her net worth. As a prominent figure in the league, she has been able to leverage her position to increase her wealth.
- Increased revenue: Buss's position on the Board of Governors and the Competition Committee gives her a say in the league's decision-making process. This has allowed her to influence decisions that have increased revenue for the Lakers, such as the league's new television deal.
- Increased profitability: Buss's influence has also helped the Lakers to increase their profitability. She has been able to negotiate favorable terms for the team's television deal and merchandise sales.
- Increased value: The Lakers are now worth an estimated $5.5 billion, making them one of the most valuable NBA franchises. Buss's influence in the league has helped to increase the team's value, which has contributed to her net worth.
In conclusion, Jeanie Buss's influence in the NBA has been a major factor in her net worth. Her position on the Board of Governors and the Competition Committee has given her a say in the league's decision-making process, which has allowed her to increase revenue, profitability, and value for the Lakers.
FAQs about Jeanie Buss' Net Worth
Below are the most frequently asked questions on Jeanie Buss' net worth and their respective answers:
Question 1: What is Jeanie Buss' net worth?
Answer: As of 2023, Jeanie Buss' net worth is estimated to be around $500 million
Question 2: How did Jeanie Buss acquire her wealth?
Answer: Buss inherited the Lakers from her father, Jerry Buss, who purchased the team in 1979. Since taking over the team, Buss has overseen the Lakers' 16th and 17th NBA championships in 2009 and 2010, respectively. She has also been credited with improving the Lakers' business operations, increasing revenue and profitability.
Question 3: What are Jeanie Buss' business ventures outside of the Lakers?
Answer: Buss is involved in various business ventures outside of the Lakers. She is a co-owner of the Agua Caliente Clippers of the NBA G League and a minority owner of the Los Angeles Sparks of the WNBA. She also has her own production company, Jeanie Buss Productions, which has produced several documentaries and television shows.
Question 4: Is Jeanie Buss married?
Answer: Jeanie Buss was married to Steve Timmons from 1990 to 1993. They have one daughter together, Sophie. Buss is currently in a relationship with Jay Mohr.
Question 5: What are Jeanie Buss' philanthropic interests?
Answer: Buss is a philanthropist who supports various charitable causes, including education and healthcare. She is a major donor to the University of Southern California and the University of California, Los Angeles. She also supports several organizations that provide healthcare to underserved communities.
Summary: Jeanie Buss' net worth is a reflection of her success as a businesswoman, her contributions to the NBA, and her philanthropic endeavors. She is a prominent figure in the sports and entertainment industry and continues to be a role model for women in leadership.
Transition to the next article section: Jeanie Buss' leadership and the Lakers' success
Conclusion
Jeanie Buss is a prominent figure in the sports and entertainment industry with an estimated net worth of $500 million. Her wealth is a reflection of her success as a businesswoman, her contributions to the NBA, and her philanthropic endeavors.
Buss has overseen the Lakers' 16th and 17th NBA championships, and she has also been credited with improving the team's business operations, increasing revenue and profitability. Outside of the Lakers, Buss is involved in various business ventures and is a major donor to several charitable causes.
Buss is a role model for women in leadership and continues to be a driving force behind the Lakers' success.
