Late Koffi Annan — Nobel prize winner and former UN SG, once said: You are never too young to lead.
Jeanie Buss proved these words true when she became the general manager of the Los Angeles Strings professional tennis team at just 19 years of age.
She is the daughter of Jerry Buss, who owned the Lakers and other sports businesses. Jeanie has risen to the occasion in her family business, and she has remarkably contributed her quota in the world of sports.
In this article, we look in-depth at Jeanie Buss' net worth and success and how she became a business mogul.
Plus, find out how we can coach you to build your net worth FREE.
How much is Jeanie Buss' net worth?
Jeanie Buss' net worth is estimated to be $500 million.
Who is Jeanie Buss?
| Name | Jeanie Marie Buss |
| Date of Birth | 61 years — September 26, 1961 |
| Net worth | Approximately $500 million |
| Nationality | American |
| Niche | Sports industry — CEO/Owner |
| Height | 5 ft 7 in |
Jeanie is an American sports executive who is the controlling owner and president of the Los Angeles Lakers of the National Basketball Association (NBA) and promoter of the U.S. women's professional wrestling promotion Women of Wrestling.
Jeanie Marie Buss was born on September 26th of, 1961, in Santa Monica, California. She was raised alongside three siblings by Joann and Jerry Buss.
At age 14, she attended World Team Tennis meetings with her father, who owned the LA strings. She was close to her father after the divorce of her parents.
She attended USC (University of Southern California), majored in business, and graduated with honors.
What are the career highlights of Jeanie Buss?
- Appointed the general manager when she was just 19
- Became the president of the Los Angeles Lakers in 2013
- She then served four years as president of the Great Western Forum
- In 2005, she was named one of the top 20 most influential women in sports
- Became the vice president of the Lakers in 1986 at the age of 26
- She owns a stake in the Lakers, as well as an ownership share of the WNBA's LA Stars
- Named one of the most powerful women in sports by Forbes
- Surprisingly appointed executive vice president of the Lakers in 2013
- A one time winner of the Sports Business Journal's Vanguard Award in 2014
- Buss helped lead the Lakers to five NBA championships during her tenure as a vice president
- She made vital franchise decisions, including selecting Kobe Bryant as the team's draft pick in 1996
- And she currently serves as the team president of the Lakers, overseeing all business and basketball operations
How did Jeanie Buss build her fortune?
She has built her fortune through her family's wealth and assets — inherited some assets after her father's death.
But that's not the only source of her growing fortune.
Buss is a part-owner of the Los Angeles Lakers basketball team. Also, she has business interests in real estate, restaurants, and other ventures
She has a stake in two tequila brands, Cîroc and Joann and a magnificent deal with Walt Disney Co. to air Lakers games on ESPNPlus
FAQ
What is Jeanie Buss' net worth?
Jeanie Buss' net worth is estimated to be $500 million.
What are some of Jeanie Buss' accomplishments?
She became the first female controlling owner to land her team an NBA championship in 2020. She secured the largest distribution deal for professional women's wrestling with Paramount's syndication network.
She made the Forbes 50 over 50 - lifestyle (2022), and she has helped lead the Los Angeles Lakers to six NBA championships.
How did Jeanie Buss receive her inheritance?
When her dad died in 2013, his children inherited 66% of his stake in the Lakers, and they split it equally.
What is Jeanie Buss' educational background?
Buss attended college at the University of Southern California, where she majored in business and graduated with honors.
What is Jeanie Buss' relationship status?
She is engaged to Jay Mohr, the famous comedian. However, in time past, she married volleyball player Steve Timmons in 1990 but divorced after three years. She was also engaged with former Lakers coach Phil Jackson.
How did Jeanie Buss become the owner of the Los Angeles Lakers?
Between 2013-2014, she became the president of the Lakers after the death of her father.
What other sports teams has Jeanie Buss been involved with?
Buss is the owner of WOW-Women of Wrestling.
Takeaway
Jeanie Buss' success story perfectly illustrates the power of entrepreneurship and how much capital can be built with the right skills and resources.
If Jeanie’s story inspires you to become the owner of a major league sports team, we’ll cheer you on! Unfortunately, we can’t really coach you on how to make that happen. (Though our founder aims to one day become the owner of the Cleveland Guardians!)
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