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  1. www.forbes.com › profile › jerry-reinsdorfJerry Reinsdorf - Forbes

    4 days ago · Jerry Reinsdorf. $2.1B. Real Time Net Worth. as of 6/26/24. #1538 in the world today. Photo by David Banks/Getty Images. About Jerry Reinsdorf. Jerry Reinsdorf made a fortune in sports,...

    • What Is Jerry Reinsdorf's Net Worth?
    • Early Life
    • Career Beginnings
    • Team Ownership
    • Criticism
    • Relationship with Michael Jordan

    Jerry Reinsdorf is a lawyer, CPA, and professional sports owner who has a net worth of $2 billion dollars. Jerry Reinsdorf is probably most famous for being the owner of both the Chicago White Sox and the Chicago Bulls. He has been the head of both teams for more than 35 years and has met with both great success and controversy regarding his handli...

    Jerry M. Reinsdorf was born in Brooklyn, New York in February 1936. As a child he was in the stands on the day Jackie Robinsonmade his debut with the Brooklyn Dodgers. After attending George Washington University for undergrad he moved to Chicago where he got a job as a CPA/appraiser/mortgage underwriter. He earned a full scholarship to Northwester...

    His very first job after graduating was for the Internal Revenue Service. The very first case he was assigned to was a tax delinquency case involving Bill Veeck, who owned the White Sox. In 1964 Jerry went into private practice developing real estate tax shelter for private clients. In 1973 he formed a company called Balcor to invest $650 million i...

    Reinsdorf and a group of partners purchased the Chicago White Sox in 1981 for $19 million. That's the same as $54 million in today's dollars. In 1983 the White Sox had the best record in Major League Baseball. The White Sox won the 2005 World Series and that boosted the teams value to more than $300 million. Today the White Sox are worth $1.9 billi...

    Reinsdorf and team GM Jerry Krause have been criticized in retrospect for not attempting to keep the championship team together following their 1998 win. At the beginning of the 1997-1998 season, Krause reportedly refused to offer coach Phil Jackson a longer term contract. Jordan refused to play for anyone other than Jackson. From their perspective...

    Michael and Jerry Reisndorf always had an amicable relationship. When Jordan announced his first retirement from the NBA so he could play professional baseball, not only was Jerry supportive he also offered him a minor-league contract with the White Sox. Furthermore, Reinsdorf decided to continue paying Michael his full $3 million NBA salary, as a ...

    • Celebrity Net Worth
  2. In February, White Sox owner Jerry Reinsdorf pitched his plan to build a stadium district in the South Loop to Springfield legislative leaders, asking for $1 billion in public funding.

  3. Apr 20, 2020 · A look at how Jerry Reinsdorf, the owner of the Chicago Bulls and the Chicago White Sox, made his money and what he's worth today.

    • Senior Writer, Programmer
  4. Mar 3, 2022 · You do have to feel a little sorry for Jerry — the latest Forbes list of the world’s billionaires lists him with a net worth of just $1.7 billion, in a tie for 1,833 rd place with 97 others ...

    • Leigh Allan
  5. His net worth has been growing significantly in 2022-2023. So, how much is Jerry Reinsdorf worth at the age of 87 years old? Jerry Reinsdorf’s income source is mostly from being a successful Miscellaneous.

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  7. May 29, 2020 · Today, Reinsdorf owns an estimated 40 percent of the Bulls and an estimated 19 percent of the White Sox. That makes his Bulls stake worth about $1.28 billion and his White Sox stake worth...

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