Jeanie Buss, the esteemed owner of the Los Angeles Lakers, is a prominent figure in the world of basketball. With a net worth of $700 million, she has made her mark as a successful businesswoman and entrepreneur. As the president and controlling owner of the Lakers, Jeanie Buss has played a pivotal role in the team’s success and has contributed to the growth of the franchise’s value.

Jeanie Buss inherited a 66% stake in the Lakers upon her father’s passing in 2013. This ownership stake holds immense value, with each 11% stake estimated to be worth around $715 million, considering the current franchise valuation of $6.5 billion. Her ownership in the Lakers has significantly contributed to her impressive net worth and solidifies her position as one of the wealthiest owners in the NBA.

Born into the Buss family, Jeanie grew up with a strong connection to the world of sports and business. Her father, the late Jerry Buss, was not only the owner of the Lakers but also a successful real estate investor and owner of other sports teams in the Los Angeles area. Jeanie Buss’s upbringing has undoubtedly shaped her passion for sports and her drive to succeed in the industry.

Beyond her ownership of the Lakers, Jeanie Buss has had a diverse career in sports management. She started at a young age, becoming the general manager of the professional tennis team, the Los Angeles Strings, at just 19 years old. She later owned a roller hockey team called the Los Angeles Blades and served as the president of the Great Western Forum. Today, she continues to make an impact not only as the Lakers owner but also as the co-owner and promoter of Women of Wrestling.

Jeanie Buss’s personal life has also drawn attention, with relationships that have made headlines. She was previously married to professional volleyball player Steve Timmons and later had a long-term relationship with former Lakers head coach Phil Jackson. In 2023, she got engaged to comedian Jay Mohr and the couple married in September of that year. It is worth noting that Jeanie Buss posed nude for Playboy magazine in 1995, emphasizing her strong personality and individuality.

When it comes to real estate, Jeanie Buss has made strategic investments over the years. She sold her Playa Vista home in 2019 for $2.575 million and acquired a new property in the Playa del Rey neighborhood of Los Angeles for $2.6 million in 2020. This beautiful waterfront property features four bedrooms, a pool, a spa, and a gym, showcasing Jeanie Buss’s taste and appreciation for luxury.

The Los Angeles Lakers franchise holds significant value, currently estimated at $6.5 billion. This impressive figure speaks to the team’s success on the court and its loyal fan base. As the owner and president, Jeanie Buss’s decisions have played a key role in shaping the Lakers’ direction and contributing to their success. Her involvement in the organization has not only honored her father’s legacy but also elevated the franchise to new heights.

Key Takeaways:

• Jeanie Buss is the owner and president of the Los Angeles Lakers, with a net worth of $700 million.
• Her 66% ownership stake in the Lakers is estimated to be worth approximately $4.3 billion.
• Born into the Buss family, Jeanie has a strong background in sports and business.
• She has had a diverse career in sports management, owning and leading various teams.
• Jeanie Buss’s personal life has been the subject of media attention.

As a successful businesswoman, real estate investor, and influential figure in the sports industry, Jeanie Buss has left an indelible mark on the Los Angeles Lakers and the NBA as a whole. Her net worth, derived from her ownership stake in the Lakers and her various business ventures, further solidifies her position as a formidable force in the world of sports and entertainment.

Lakers Ownership Stake

When Jeanie Buss’ father, Jerry Buss, passed away in 2013, she and her siblings inherited a 66% stake in the Los Angeles Lakers. Each sibling, including Jeanie, owns an equal 11% ownership stake in the franchise. This means that Jeanie Buss’ ownership stake in the Lakers is worth approximately $715 million.

The Los Angeles Lakers, one of the most valuable franchises in the NBA, are currently valued at $6.5 billion. The Buss family’s majority stake in the team has been a key factor in their impressive net worth. Jeanie Buss, as the controlling owner, plays a vital role in overseeing the Lakers’ operations and shaping the team’s future.

With their collective ownership, the Buss family has played a pivotal role in maintaining the Lakers’ legacy and success both on and off the court. Jeanie Buss, in particular, has shown great dedication to preserving her father’s vision while ensuring the Lakers remain a thriving and influential franchise in the NBA.

Early Life and Family

Jeanie Buss, born on September 26, 1961, in Santa Monica, California, comes from an influential sports family. Her late father, Jerry Buss, was not only the owner of the Los Angeles Lakers but also a successful real estate investor and owner of various sports teams in the Los Angeles area. Growing up in such an environment, Jeanie Buss developed a deep-rooted connection to the sports world and gained valuable insights into the business side of the industry.

Throughout her childhood, Jeanie Buss witnessed her father’s dedication and passion for both basketball and entrepreneurship. Jerry Buss’s involvement in the sports industry played a significant role in shaping Jeanie’s aspirations and ultimately led her to follow in his footsteps. From an early age, she was exposed to the inner workings of professional sports and learned valuable lessons about leadership, financial management, and team-building.

“Being raised in a sports-oriented family brought a unique perspective into my life. My father’s achievements and the Buss family’s strong ties to the sports world instilled in me a deep appreciation for the game of basketball and a desire to contribute to its growth and success.”