American sports businesswoman Jeanie Marie Buss was born on September 26, 1961. She is the president and controlling owner of the Los Angeles Lakers of the NBA and co-owner and promoter of the Women of Wrestling company in the United States.
Jeanie Buss Net Worth
American sports executive Jeanie Buss is worth an estimated $700 million. The late Jerry Buss, owner of the Los Angeles Lakers, had a daughter named Jeanie. The team’s current president and controlling owner is Jeanie Buss. After Jerry passed away in 2013, his six siblings and Jeanie received his 66% share in the Lakers.
Although they still hold equal 11% shares in the organization, the siblings granted Jeanie full decision-making authority over the Lakers in 2017. Each 11% stake is valued at around $715 million at the team’s present valuation of $6.5 billion. At the tender age of nineteen, Jeanie Buss launched her professional tennis career as general manager of the Los Angeles Strings.
Following her acquisition of the Los Angeles Blades roller hockey team, she assumed the role of president at the Great Western Forum. After her father passed away, she took over as vice president of the Lakers. Additionally, she promotes and co-owns Women of Wrestling (WOW). The 2023 Sports Emmy for “Legacy: The True Story of the LA Lakers” went to Jeanie Buss for her work as executive producer.
Jeanie Buss Career
Jeanie went to college while also learning the ropes of sports management and business from her father. She decided to study business at USC and obtained a degree with honors after a while. Jeanie was designated manager of the Los Angeles Strings by Jerry when she was 19 years old, while she was still a college student.
Jeanie served as president of the Great Western Forum, the Lakers’ arena at the time, for four years after she became the owner of the Los Angeles Blades in Roller Hockey International.
Jerry eventually saw through her economic acumen and appointed her to run the Lakers’ business operations while her brother Jim oversaw everything pertaining to the team’s athletics. She had risen to prominence by 2005, making her a formidable figure among sportswomen. General Manager Mitch Kupchak and Jerry’s brother Jim, who was the VP of basketball operations, were both sacked by Buss after Jerry’s death in 2013.
Jeanie Buss Personal Life
In 1990, Jeanie tied the knot with Steve Timmons, a professional volleyball player. She filed for a divorce three years later, citing the prioritization of her profession above her marriage. Phil Jackson, the former Lakers head coach, and Jeanie started dating in late 1999. Despite their 2016 announcement of separation, they never officially tied the knot.
Comedy artist Jay Mohr became Jeanie’s boyfriend in 2017. In December 2022, they made the announcement that they were engaged. They tied the knot in September 2023 in Malibu. In 1995, Playboy magazine featured Jeanie in a naked photo shoot.
Jeanie Buss Real Estate
Buss made $2.575 million from the sale of her Playa Vista house in 2019. The 2017 purchase price was $2.45 million, when she first acquired the property. She agreed to take a $225,000 reduction in the asking price even though the house ended up selling for $250,000 less.However, after purchasing the property two years ago, Buss did make some improvements to make it more appealing to potential buyers.
Before putting it back on the market, a coat of neutral paint and some updated fixtures helped give it a facelift. On a corner site, her previous Playa Vista home had over 3,200 square feet of living space. A three-car garage, French doors, and a flagstone patio are some of the other features. It has been rumored that Buss bought this four-bedroom condo in 2018, adding to her purported Playa Vista property portfolio.
In 2020, Jeanie bought a house in Los Angeles’s Playa del Rey district. This house, which is located within a short distance of LAX (Los Angeles International Airport), cost her $2.6 million. A swimming pool, spa, and fitness center are among the notable amenities of this waterfront, four-bedroom house.
The Playa del Rey neighborhood is home to the gated community of Breakers, where the 2,200-square-foot house is located. Despite Buss’s history of property acquisitions in the Los Angeles area, her most recent purchase was a waterfront home.
Darktechmedia appreciates your interest. You have our word that everything we sell is top-notch.
The most recent story I came across regarding the riches of celebrities is this one: