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What is Jerry Buss Net Worth 2023: Best Overview And Interview

Dr. Jerry Buss Net Worth

Dr. Jerry Buss was a famous American businessman and investor. He was the owner of the Los Angeles Lakers of the National Basketball Association (NBA) from 1979 to 2013. During his time as owner, the Lakers won ten NBA championships. Buss also owned other sports teams, including the Los Angeles Kings of the National Hockey League (NHL). He was a real estate investor and developed several apartment complexes in Southern California.

Have you ever wondered what Jerry Buss net worth is? If yes, the following article will provide the best information about this famous one’s Salary.

What was Jerry Buss’ net worth And Salary in 2023?

What was Jerry Buss' net worth And Salary?

At the time of his death, it is estimated that Jerry Buss’ net worth of $600 million. His Salary as the Los Angeles Lakers owner was not made public, but Forbes magazine estimated it to be $12 million per year in 2012.

Buss made his fortune in real estate, investing in apartment buildings and commercial properties in the early 1960s. He later turned his attention to sports, buying the Lakers in 1979 for $67.5 million.

Under Buss’ ownership, the team won 10 NBA championships. Buss also owned the Los Angeles Kings hockey team and a minority stake in the Los Angeles Dodgers baseball team.

Early Life

Buss was born in Salt Lake City, Utah, in 1933. He was the son of a machinist and a homemaker. Buss’ father lost his job during the Great Depression, and the family struggled to make ends meet.

Buss worked odd jobs to help support his family, including shining shoes and delivering newspapers. He eventually attended the University of Wyoming on a basketball scholarship. After graduation, Buss returned to Los Angeles, where he began investing in real estate.

Buss’s first foray into sports ownership was with the World Team Tennis league, which he helped found in 1974. He later sold his interest in the league and turned his attention to the Lakers. Buss quickly turned the team into a dynasty, winning five NBA championships in the 1980s.

The Lakers were also hugely popular, with star players such as Magic Johnson and Kareem Abdul-Jabbar. The team’s success helped Buss become one of the richest men in the world.

In addition to his sports teams, Buss also had a significant investment portfolio. His holdings included a stake in the aerospace company Northrop Grumman and a number of real estate developments.

Buss was also a generous philanthropist, donating millions of dollars to various causes. He was inducted into the Basketball Hall of Fame in 2010. Jerry Buss died from cancer on February 18, 2013, at the age of 80.

Real Estate Investments

Jerry Buss' Real Estate Investments

Jerry Buss was a real estate investor who made his fortune in the Los Angeles area. He owned several properties in the area, including the Los Angeles Lakers basketball team. He was also a minority owner of the Los Angeles Kings hockey team.

Buss was born in Salt Lake City, Utah, but moved to Los Angeles as a young man to attend college. He eventually graduated from the University of Southern California with a degree in business.

After graduation, he began investing in real estate, and his portfolio quickly grew. He became one of the most successful real estate investors in the city, and his wealth continued to grow.

In 2010, Forbes magazine estimated his net worth at $2.1 billion. Buss died in 2013, but his legacy as a real estate investor and philanthropist continues.

The Lakers

In 1979, Buss bought the Los Angeles Lakers, the Los Angeles Kings, and the Inglewood Forum for $67.5 million. He then invested in other sports teams and businesses, including the WNBA’s Los Angeles Sparks and the Major League Soccer team, the Los Angeles Galaxy.

Buss was known for his showmanship and for his willingness to spend lavishly on his teams. He helped turn the Lakers into one of the NBA’s most successful franchises, with them winning ten NBA championships during his ownership.

The Kings also won two Stanley Cups championships under his ownership. Buss was inducted into the Basketball Hall of Fame in 2010.

Buss’ health began to decline in 2012, and he died of kidney failure on February 18, 2013, at the age of 80. His death was widely mourned by the sports world and by many of his business associates.

Personal Life

Jerry Buss' Personal Life

Buss had four wives and six children. His first wife was JoAnn Mueller. They had two children together, Johnny and Jim. Buss’ second wife was Karen Demel.

They had one child together, Jeanie. Buss’ third wife was Iris Engstrom. They had one child together. Jerry Jr. Buss’ fourth and final wife was Delores “Dodie” Horton. They had no children together.

1 Jerry Buss – Net Worth, Age, Height, Bio, Birthday, Wiki!

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  • Published Date: 02/15/2022
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  • Summary: Jerry Buss Net Worth … Jerry is one of the richest Entrepreneur & listed on most popular Entrepreneur. According to our analysis, Wikipedia, Forbes & Business

2 Jerry Buss: Cause of death| Net worth| Wife| Rape| Lucia

Jerry Buss: Cause of death| Net worth| Wife| Rape| Lucia
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  • Summary: Jerry Buss net worth: Dr. Jerry Buss is an American entrepreneur and professional sports team owner who has a net worth of $600 million
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  • Summary: Dr. Jerry Buss was an American entrepreneur and professional sports team owner who had a net worth of $600 million at the time of his death in 2013
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6 Lakers Legendary Jerry Buss and His &quotRags to Riches&quot Story Truly One of a Kind

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  • Published Date: 03/28/2022
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7 What Was Jerry Buss Net Worth at the Time of His Death?

What Was Jerry Buss Net Worth at the Time of His Death?
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  • Published Date: 10/02/2021
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8 Dr Jerry Buss Net Worth: Details You Need To Know Right Now!

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9 Jerry Buss Net Worth, Income, Wife, daughter,wiki-Bio, Family (Updated 2023)

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  • Summary: 路 Dr. Jerry Buss had a net worth of $600 million and was an American entrepreneur and professional sports franchise owner
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10 Lists 10 What is Jerry Buss Net Worth 2023: Full Guide

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  • Published Date: 11/13/2021
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11 Jerry Buss’ Net Worth (Updated 2023) – FILMYSIYAPPA

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 Dr. Jerry Buss Net Worth: How Did He Make His Money?
  • Author: brandingirononline.info
  • Published Date: 06/30/2022
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13 Jerry Buss Net Worth At The Time Of His Death

Jerry Buss Net Worth At The Time Of His Death
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 Jerry Buss Net Worth: Will Jerry Buss Have Enough Money in 2023? Updates 2023!
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18 Jerry Buss Net Worth: How Did He Get the Money to Buy the Lakers?

Jerry Buss Net Worth: How Did He Get the Money to Buy the Lakers?
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20 Jerry Buss Net Worth 2023: Wiki, Married, Family, Wedding, Salary

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  • Published Date: 01/12/2022
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21 Winning Time Subject Jerry Buss Was the &quotVisionary&quot Owner of the Los Angeles Lakers

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22 Jerry Buss Net Worth – Age, Career, Early Life & More!

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23 Jerry Buss Net Worth 2023: A Real Time Update On Jerry Buss Life!

Jerry Buss Net Worth 2023: A Real Time Update On Jerry Buss Life!
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  • Published Date: 01/18/2022
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  • Summary: 路 Known for his business acumen and real estate investing, as well as his career as a professional poker player and owner of a major league
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24 Jerry Buss Net Worth | Ventured

Jerry Buss Net Worth | Ventured
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FAQs About Dr. Jerry Buss Net Worth

FAQs About Dr. Jerry Buss Net Worth

Was Jerry Buss a billionaire?

Jerry Buss was a billionaire American businessman and investor. He was the owner of the Los Angeles Lakers professional basketball team in the National Basketball Association (NBA), as well as other sports franchises.

Buss’s business philosophy focused on entertainment and winning, which helped make him one of the most successful sports team owners in history. Under his stewardship, the Lakers won ten NBA championships, including five in a row from 2000 to 2010.

He was also a major contributor to the growth of the NBA in the 1980s when he helped to create the league’s now-famous television contract with NBC.

How rich is the Buss family?

The Buss family is one of the richest in America. They are worth an estimated $4.3 billion. The family owns the Los Angeles Lakers, as well as a stake in the Los Angeles Kings and the Los Angeles Sparks.

They also have a minority stake in the Boston Celtics. The family’s wealth comes from their ownership of the Lakers, which is the most valuable NBA franchise.

How much did Jerry Buss buy the Lakers for?

In 1979, Jerry Buss paid $67.5 million for the Lakers, the Boston Celtics, the San Diego Clippers, and the Atlanta Hawks. The purchase price was a record for an NBA team at the time.

Buss’ investment immediately paid off, as the Lakers won the NBA Championship in 1980. The team has gone on to win ten more championships under Buss’ ownership, the most recent being in 2010. Buss’ success with the Lakers has made him one of the most respected and influential figures in the NBA.

What does the Buss family own?

The Buss family is one of the most influential families in the professional sports world. They own the Los Angeles Lakers and a minority stake in the Los Angeles Dodgers. The family also has a number of other businesses, including real estate and private equity.

What is Jerry Buss’s cause of death?

Jerry Buss died on February 18, 2013, at the age of 80. The official cause of death was kidney failure. Jerry Buss had been battling cancer for several years and had been in and out of the hospital for treatment.

He had been on dialysis for some time, and his health had declined. His death was a surprise to many, as he had been relatively active and involved in the Los Angeles Lakers organization until his death.

Conclusion

Jerry Buss was an incredible businessman and sportsman, amassing a fortune of $600 million. His commitment to winning led the Los Angeles Lakers to 10 NBA championships during his time as an owner.

Though his Salary was not made public, it is estimated that he made $12 million annually. Buss’ legacy will continue to live on through his many contributions to the world of business and sports.

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