Jeanie Buss Net Worth, Bio, Family, Career, Personal Life, Real Estate And More

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jeanie buss net worth

Jeanie Buss, a name synonymous with the Los Angeles Lakers, has built an extraordinary legacy in the world of sports. As the controlling owner and president of one of the most iconic franchises in the NBA, Buss has made significant strides in a male-dominated industry.

Her journey, marked by resilience, innovation, and an unwavering passion for sports, has not only cemented her place in history but also contributed to her impressive net worth. This article delves into Jeanie Buss net worth, her remarkable career, and the pivotal moments that have shaped her journey.

Biography

Full NameJeanie Marie Buss
NicknameJeanie
GenderFemale
BirthdaySeptember 26, 1961
Age62 years old
BirthplaceSanta Monica, California, USA
Current ResidencePlaya del Rey, California, USA
Zodiac SignLibra
NationalityAmerican
EthnicityWhite
ReligionChristianity
EducationUniversity of Southern California
ProfessionSports Executive, Controlling Owner, and President of the Los Angeles Lakers
FatherJerry Buss
MotherJoann Buss
SiblingsJim Buss, Johnny Buss, Janie Buss, Joey Buss, Jesse Buss
Marital StatusMarried
SpouseJay Mohr
Height5 ft 7 in (170 cm)
Weight130 lbs (59 kg)
Body Measurements34-26-35 inches (approx.)
Hair ColorBlonde
Eye ColorBlue
Net Worth$700 million
Source of IncomeLos Angeles Lakers, Women of Wrestling, Real Estate, Business Ventures
Social MediaTwitter, Instagram

Who is Jeanie Buss?

Jeanie Buss is a renowned sports executive known for her pivotal role in the Los Angeles Lakers’ success. Born on September 26, 1961, in Santa Monica, California, Jeanie is the daughter of the late Jerry Buss, the legendary owner of the Lakers. Her early exposure to the world of sports and business, courtesy of her father’s ventures, set the stage for her future endeavors.

Buss’ career spans various roles, from managing professional tennis and roller hockey teams to becoming the president of the Lakers. Her leadership and strategic vision have been instrumental in maintaining the Lakers’ status as a premier NBA franchise.

In addition to her sports management roles, she co-owns the Women’s Wrestling promotion, Women of Wrestling, showcasing her diverse business acumen.

What is Jeanie Buss Net Worth?

As of recent estimates, Jeanie Buss net worth stands at an impressive $700 million. This substantial wealth can be attributed to her controlling ownership of the Los Angeles Lakers and her various business ventures. Buss’ financial success is a testament to her effective leadership and business strategies, which have consistently propelled her and the Lakers to new heights.

The value of the Los Angeles Lakers has seen significant appreciation over the years. With the team’s current valuation estimated at around $6.5 billion, Buss’ 11% ownership stake alone contributes significantly to her net worth.

Furthermore, her involvement in other ventures, such as Women of Wrestling and real estate investments, has diversified her income sources and bolstered her financial standing.

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Lakers Ownership Stake

The Lakers’ ownership structure underwent a major shift following the death of Jerry Buss in 2013. His 66% controlling stake in the Lakers was inherited by his six children, each receiving an 11% share. This inheritance made Jeanie Buss a key player in the franchise’s ownership and management.

Despite initial disputes with her brothers, Jim and Johnny Buss, Jeanie emerged as the controlling owner, solidifying her influence over the team’s operations.

In 2017, a legal battle with her brothers culminated in Jeanie gaining full control over the Lakers’ decisions. This pivotal moment not only affirmed her leadership but also underscored her commitment to preserving her father’s legacy. Today, Jeanie Buss represents the Lakers on the NBA Board of Governors and plays a crucial role in the franchise’s strategic direction.

Early Life and Family

Jeanie Marie Buss was born into a family deeply rooted in the world of sports and business. Her father, Jerry Buss, was a real estate mogul who ventured into sports ownership, acquiring several teams, including the Lakers. Jeanie’s early years were marked by her father’s success and the valuable lessons she learned from him.

Growing up, Jeanie was exposed to various sports teams owned by her father. At just 14, she attended World Team Tennis meetings with Jerry, gaining insights into sports management.

By the age of 19, she was appointed general manager of the Los Angeles Strings, a professional tennis team. These early experiences laid the foundation for her future roles in the sports industry.

Career

Jeanie Buss’ career is a testament to her versatility and business acumen. After starting as the general manager of the Los Angeles Strings, she took on ownership of the Los Angeles Blades, a roller hockey team. Her success in these roles caught the attention of her father, who entrusted her with more significant responsibilities.

In 1999, Jeanie became the vice president of business operations for the Lakers, a role that allowed her to showcase her strategic vision. Following her father’s death in 2013, she ascended to the position of president and controlling owner of the Lakers. Under her leadership, the Lakers have continued to thrive, winning an NBA championship in 2020 and maintaining their status as a top-tier franchise.

Personal Life

Jeanie Buss’ personal life has been as dynamic as her professional journey. She married professional volleyball player Steve Timmons in 1990, but the marriage ended in divorce three years later. Buss cited her career priorities as a factor in their separation. She later dated Phil Jackson, the former head coach of the Lakers, but their relationship ended in 2016.

In 2017, Buss began dating comedian Jay Mohr. The couple announced their engagement in December 2022 and married in Malibu in September 2023. Throughout her personal challenges and triumphs, Buss has remained focused on her career and the legacy of the Lakers.

Real Estate

Jeanie Buss has made strategic investments in real estate, contributing to her impressive net worth. In 2019, she sold her home in Playa Vista for $2.575 million, a property she had purchased for $2.45 million in 2017. The house, which featured modern fixtures and a spacious layout, was an attractive prospect for buyers.

In 2020, Buss acquired a new property in Playa del Rey for $2.6 million. This waterfront residence, located within the Breakers complex, offers luxurious amenities such as a pool, spa, and gym. Buss’ real estate investments reflect her keen eye for valuable assets and her ability to enhance her financial portfolio.

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Final Thoughts

Jeanie Buss’ journey from a young sports enthusiast to a powerful sports executive is a story of determination, resilience, and innovation. Her leadership of the Los Angeles Lakers, coupled with her successful business ventures, has solidified her legacy in the sports world.

With a net worth of $700 million, Buss continues to inspire and pave the way for future generations of female executives in sports.

Buss’ dedication to her father’s legacy and her strategic vision for the Lakers have been instrumental in the franchise’s sustained success. As she continues to navigate the challenges and opportunities in the sports industry, Buss remains a beacon of excellence and a testament to the power of visionary leadership.

FAQs

What is Jeanie Buss’ net worth?

Jeanie Buss’ net worth is estimated to be $700 million, primarily derived from her controlling ownership of the Los Angeles Lakers and various business ventures.

How did Jeanie Buss become the controlling owner of the Lakers?

Following the death of her father, Jerry Buss, in 2013, Jeanie and her siblings inherited a controlling stake in the Lakers. After a legal battle with her brothers, Jeanie gained full control over the team’s decisions in 2017.

What other ventures is Jeanie Buss involved in?

In addition to her role with the Lakers, Jeanie Buss co-owns Women of Wrestling, a professional wrestling promotion. She has also been involved in real estate investments and Hollywood productions.

What educational background does Jeanie Buss have?

Jeanie Buss graduated with honors from the University of Southern California’s Marshall School of Business, where she majored in business.

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