An estimated $500 million is the fortune of Jeanie Buss, an American sports executive. She is the President of the Los Angeles Lakers as well as a co-owner of the Women of Wrestling wrestling promotion group.
Early Life
A daughter was born on September 26, 1961, to Joann and Jerry Buss. Her name is Jeanie Marie Buss. In addition to her mother and father, she has three younger siblings. When she was a young girl, she was raised by her older brothers Johnny and Jim, and her younger sister Janie. In 1972, Buss’s parents divorced, and he felt a sense of abandonment.
When she was 14, Buss accompanied her father, the owner of the Los Angeles Strings, to World Team Tennis meetings. Because of her extensive knowledge of Pickfair, she began giving guided tours of the town. Since its demise in 1978, World TeamTennis has returned as TeamTennis. Regaining control of the Strings was Jerry’s goal in the second version of the game. When she was 19, she became general manager of her father’s professional tennis team, the Los Angeles Strings, in the family business. Buss majored in business at the University of Southern California, where he received a bachelor’s degree in honors (USC).
Jeanie Buss Net Worth
| Net Worth: | $500 Million |
| Profession: | Sports Executive |
| Age: | 60 |
| Born: | 26 September 1961 |
| Country: | United States of America |
| Salary: | $60 Million (Annual) |
| Last Updated | 2022 |
Career
Her father taught her the business and sports management ropes, but Jeanie was also going to school. The University of Southern California was her final stop before earning her bachelor’s degree in business administration with honors. The Los Angeles Strings hired Jeanie, a 19-year-old college student, as their new manager while she was still attending school. Jeanie spent four years as the president of the Great Western Forum, the Lakers’ stadium, after becoming the owner of the LA Blades in Roller Hockey International.
He wanted her to take charge of the Lakers’ business side while Jim handled the sports-related decisions, and she proved that she had the ability to do so. By 2005, she had established herself as one of the most powerful female figures in sports. Both General Manager Mitch Kupchak and her brother Jim, the VP of Basketball Operations, were fired by Jerry Buss after his death in 2013.
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Relationships
Jeanie Timmons divorced her husband of three years, professional volleyball player Steve Timmons, in 1990. She cited prioritizing her career over her marriage as the reason for this. The former Lakers coach Phil Jackson proposed to her after she posed naked for “Playboy.” The couple announced in 2016 that they would no longer be getting married.
Legal Issues
Jeanie Buss has had her share of ups and downs in her career, including her brother, Johnny, taking control of the Los Angeles Lakers from her in 2017. After a long fight, Jeanie was able to gain even more control over the team. In the Laker household, she now has complete control over all decisions.
Assets
An impressive net worth of $500 million for Jeanie Buss has allowed her to purchase the most luxurious properties for her own use. It has been reported that Buss purchased a $2.45 million home in 2017 A few years down the road in 2019, she decided to put the property on the market, and it sold for $2.575 million. The Playa Vista mansion has four bedrooms and a living area of 32,000 square feet. Although the house was originally listed for $225,000 over the final selling price, she agreed to the price reduction.
Los Angeles’ Playa Del Rey district mansion will cost Jeanie Buss 2.6 million dollars in 2020. Over 22,000 square feet, the home has four bedrooms and three bathrooms as well as a spa and luxurious seaside villa, a huge pool, a fitness center, an expansive backyard, and a large garage.
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Summary
Jeanie Buss’ net worth is expected to reach $500 million by 2022, according to estimates. It’s no surprise that Jeanie has amassed a massive fortune as the Lakers’ controlling owner. 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 ties to Magic Johnson.
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