What is Jeanie Buss’s Net Worth?
|Net Worth:||$500 Million|
|Born:||26 September 1961|
|Country:||United States of America|
|Salary:||$60 Million (Annual)|
Jeanie Buss is a multimillionaire American sports executive. Aside from her role as President of the Los Angeles Lakers, she also serves as Co-Owner of the Women of Wrestling organization.
In addition to owning the Los Angeles Lakers, Jerry Buss also owns several other sports franchises. A professional tennis team general manager when she was 19, she went on to buy roller hockey teams for her family’s business. After her father passed away in 2013, a trust was set up to distribute ownership of the Lakers among his six children. In 2020, she became the first woman to own an NBA club as a controlling owner.
Life in the Earlier Years
Jeanie Marie Buss was born to Joann and Jerry Buss on September 26, 1961. There are three of her. Her elder brothers Johnny and Jim, as well as her younger sister Janie, reared her. Buss felt emotionally abandoned after his parents divorced in 1972.
When Jeanie Buss was 14 years old, her father, who owned the Los Angeles Strings, took her to World Team Tennis meetings. Eventually, she became so well versed in Pickfair that she decided to start conducting tours. TeamTennis first appeared in 1981 after World TeamTennis went out of business in 1978. Jerry regained control of the Strings in its second incarnation. When she was 19 years old, she became the general manager of her father’s professional tennis team, the Los Angeles Strings. Buss majored in business at the University of Southern California, where he received a bachelor’s degree with honors (USC).
A career in the Field of Information Technology
Los Angeles’ first professional roller hockey team was established by Jeanie Buss following the dissolution of the Los Angeles Strings in 1993. She was named Executive of the Year by the league. Buss served as president of the Great Western Forum, the Lakers’ former home venue, for four years before his resignation.
Since 1995, Jeanie Buss has served as an Alternate Governor on the NBA Board of Governors. Her engagement with the Lakers grew throughout her time at the Forum. The Los Angeles Lakers elevated her to the position of senior vice president of business operations in 1999.
In 2005, he was promoted to the position of vice president of player personnel under the leadership of Jim. Jeanie Buss would be in charge of making commercial choices, while Jim would be in charge of the basketball. This was their father’s idea. Sporting News recognized Buss as one of the top 20 female athletes in the world in 2005.
One of the most powerful women in sports management, according to Forbes and ESPN, was bestowed onto Jeanie Buss in 2011. She received voting rights to 66% of the Lakers after her father’s death in 2013 through a trust for his six children. As General Manager, Buss terminated Mitch Kupchak and accepted her brother Jim’s resignation as Vice President of Basketball Operations in 2017. She then selected Magic Johnson as President of Basketball Operations.
Besides being the owner of WOW-Women Of Wrestling, Buss also manages the Lakers. When ViacomCBS Global Distribution President Dan Cohen and Buss’ long-time business partner David McLane announced a multi-year distribution agreement for WOW advertising in 2021, they were standing on top of the Circa Resort & Casino in Las Vegas. WOW would be the most comprehensive media distribution platform in the history of women’s wrestling.
My Own Story
Buss married volleyball star Steve Timmons in 1990, but the marriage lasted only three years before they divorced. She appeared bare-chested in Playboy magazine’s May 1995 edition. In 2021, Buss tweeted that she was dating comedian Jay Mohr. Once they began seeing one other, she proposed to him and they were married for four years before they divorced in 2010.
Summary Jeanie Buss is expected to have a net worth of $500 million by the year 2022. As the dominant owner of the Los Angeles Lakers, Jeanie has acquired an enormous fortune. Jeanie Buss was born into a wealthy, powerful, and well-connected family. Since 2013, she has been an integral part of the NBA’s most popular team, and she has close links to Magic Johnson.