Top 5 What is John Henry Net Worth 2023: Top Full Guide

As the founder and CEO of several successful businesses, John Henry has amassed a considerable fortune. His net worth is estimated to be around $10 billion, making him one of the richest men in the world. Despite his impressive wealth, Henry is relatively private and does not often discuss his personal life or finances. So, what is John Henry net worth right now?

What is John Henry Net Worth?

John W. Henry & Company

Henry launched his own investment management business, John W. Henry & Company, in 1981 from a modest office across the street from the airport in Irvine, California, after finding success with his trend-reversal strategy.

Henry ultimately relocated to a larger office space at Fashion Island in Newport Beach after successfully promoting himself to some of the country’s largest commodities brokerage businesses. In 1989, he relocated to Westport, Connecticut, and a few years later, he built another office in Boca Raton, Florida.

By late 2012, John W. Henry & Company had hit rock bottom. The business declared that it would stop handling customers’ money by the end of the year, owing to a drop in total assets from $2.5 billion in 2006 to less than $100 million in six years.

Liverpool Football Club

Henry bought the English Premier League Liverpool Football Club in 2010 via Fenway Sports Group, the Red Sox’s parent business. Henry has had considerable success as the owner of Liverpool, as he did with the Red Sox, with the team winning the Football League Cup Final in 2012.

However, he faced considerable criticism when he sacked manager Kenny Dalglish that year. During the 2013-14 season, Liverpool came close to winning its first Premier League championship in more than 20 years under new manager Brendan Rodgers. Rodgers was fired in 2015 after a string of poor performances the following season.

Henry later received accolades for appointing Jürgen Klopp as manager. Liverpool reached two finals under Klopp in the 2015-16 season and reached the Champions League Final in both 2018 and 2019, winning the latter. The team went on to win the Premier League championship in 2019-20.

Real Estate

In 1991, John spent $650,000 on a 6.4-acre tract of property in Boca Raton, Florida. He then constructed an approximately 28,000 square-foot magnificent residence with seven bedrooms and 19 bathrooms.

In November 2018, John listed the house for the first time for $25 million. In March 2019, he reduced the price to $15 million. However, the property was eventually withdrawn from the market.

Personal Life

Henry has had many marriages. Mai was his first wife, and Peggy Sue was his second. Linda Pizzuti, his third wife, married him in 2009. Henry has three children from his marriages, two of them are called Sienna and Sara.

Career Beginnings

Henry entered the business sector when he started trading soybean and maize futures to learn the fundamentals of price-risk hedging for having these products in inventory. He eventually developed a mechanical trend trading strategy for maintaining a futures trading account.

Baseball Team Ownership

With the money he made as an investor, Henry indulged his passion for baseball by purchasing a team. He bought his first club, the minor-level Tucson Toros of the Pacific Coast League, in 1989. Henry was also a co-owner of the West Palm Beach Tropics, a team in the Senior Professional Baseball Association he co-founded.

In 1991, Henry purchased a minority stake in the New York Yankees. Later that decade, he purchased the Florida Marlins from Wayne Huizenga, and a few years later, he sold the Marlins to Jeffrey Loria.

After relinquishing his ownership of the Marlins, Henry and his business partner Tom Werner acquired the Boston Red Sox. In a transaction that concluded in December 2001, John Henry and his partners paid $695 million for the Red Sox.

Henry was named the team’s primary owner, while Werner was named chairman. The two then formed a new front-office staff with the primary goal of ending the Red Sox’s historic World Series drought.

This was accomplished in only two years when the Red Sox defeated the St. Louis Cardinals in the 2004 World Series. The team’s resurgence continued under Henry, with World Series victories in 2007, 2013, and 2018.

Early Life

On September 13, 1949, in Quincy, Illinois, John W. Henry II was born to soybean farmers. He spent his childhood in Illinois and Arkansas. Still, because of his asthma, he relocated with his family to the drier environment of Apple Valley, California, when he was 15.

In Victorville, Henry attended Victor Valley High School. He attended Victor Valley College before transferring to the University of California, Riverside, as well as UC Irvine and UCLA. He did not complete his degree since he was on the road with two rock bands, Elysian Fields and Hillary.

Other Ownership

Henry paid $70 million in cash for the Boston Globe, Telegram & Gazette, and other New England media properties in 2013. He struck this agreement with the New York Times Company, which had purchased the Globe for more than $1 billion in 1993. In 2014, Henry sold the Telegram & Gazette to Halifax Media Group.

Henry bought a 50% ownership in RFK Racing, Jack Roush’s stock car operation, among his other big holdings, in 2007. When Matt Kenseth won the Auto Club 500 that year, it was his first victory as a co-owner. Later that year, Kenseth won RFK’s inaugural Daytona 500.

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