If you watch the NBA more often than not then you will definitely know this name, Jeanie Buss. She is the president of the iconic team Los Angeles Lakers and is considered to be one of the most popular and recognized faces in the business arena of Basketball.
We are here to know about Jeanie Buss Net Worth because she has earned a good amount of wealth but what are the exact numbers for the year 2024? Let’s find out so stay tuned to the end.
Jeanie Buss Early Life
Early Life and Career:
She was born in the year 1961 in Santa Monica. She is the daughter of the real estate investor and owner of the Lakers team Jerry Buss. She got involved with the Lakers when she was just 19. Her father made her the general manager of the Los Angeles Strings which is a professional tennis team.
Although this wasn’t basketball but it was a good starting in understanding the sports management. She then later managed the Great Western Forum. It used to be the home arena of the Lakers at the time. She further developed her skills in the business side of sports and became an integral part of the Lakers’ operations in the 1990s.
She was appointed as the executive vice president of business operations, a role that did make her place within the organization. Her understanding of both the sports and business worlds made her a key player in the team’s management.
How Jeanie Buss Rose to Lakers President?
She took on the role of president of the Lakers after her father passed away in 2013. This position wasn’t just about holding a title whereas it was about maintaining the legacy that her father had built. She from then only started tackling the team through new challenges. The Lakers have seen significant success including winning the NBA Championship in 2020 under her leadership.
But with great responsibility comes great reward. Her wealth grew in large numbers as Jeanie took on more responsibilities with the Lakers. Her leadership is one of the primary reason in increasing the team’s value.
How Much Does Jeanie Buss Net Worth in 2024?
As of this year, her net worth is estimated to be around $700 million. This figure tells us that she is among the wealthiest women in sports. Jeanie’s wealth is not just a reflection of her business expertise but also her ability to maintain and grow her family’s legacy. Her financial success is closely correlated to the success of the Lakers.
Jeanie Buss Net Worth: Sources of Income
The Breakdown of Jeanie Buss Wealth
Now that we know Jeanie Buss net worth, it is time to know the sources of income.
1. Los Angeles Lakers
The biggest and recognized factor that contributes to Jeanie Buss net worth. She controls the Los Angeles Lakers. This team is valued at around $5.9 billion and she owns a 66% stake in the team which means her share is worth approximately $3.9 billion. While this amount isn’t fully liquid but it is the biggest share of her wealth. The value of sports teams has been on the rise and the Lakers are no exception.
2. Real Estate Holdings
She has made smart investments in various properties both in California and other states just like her father used to do. These properties include residential homes and commercial buildings. Although the exact value of her real estate portfolio isn’t public but it’s estimated to be worth tens of millions of dollars.
3. Business Ventures and Investments
She has also been active in other business ventures. She has invested in startups and tech companies with other businesses that align with her interests. These investments might not be as large as her stake in the Lakers, but they add diversity to her income streams.
4. Salary and Endorsements
She earns a good salary from the post of President of the Lakers. We don’t have the exact amount information but it is estimated that she is tsking between 10 and 15 million dollars. Now we can just imagine the responsibilities of her and how she is managing to the fullest. She also earns through endorsements and media appearances.
5. Lifestyle and Expenditures
See, she is super rich which we can see through her lifestyle. She owns different properties which include luxury homes in Los Angeles. But she keeps low and lives a simple life most of the time. She is a fan of traveling and can be spotted at high-profile events.
If you want to check out or follow her X (formerly Twitter) account then click here.
To Sum Up:
It is time to conclude about Jeanie Buss net worth where we have talked about many things from her early life to her total wealth as of this year and the sources of the income so that you can have a better understanding. Let’s see the growth of her and the team Lakers in the NBA in the future.
That’s it for now. Thanks for reading and please read more blogs on Basketball and NBA. Do tell us in the comments what you think of.
