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US$2.2 billion
- As of May 2024, his net worth was estimated at US$2.2 billion.
en.wikipedia.org/wiki/Jerry_Reinsdorf
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1 day ago · Six championships and 33 years later, the Bulls are worth $2.5 billion net of debt; Reinsdorf still owns an estimated 40%. He made his first fortune in real estate, cofounding Balcor...
He has been the owner of the White Sox and Bulls for nearly 40 years. As of May 2024, his net worth was estimated at US$2.2 billion. [1]
Sep 5, 2024 · As of May 2024, Jerry Reinsdorf’s net worth is estimated at $2.2 billion. He made his initial fortune in real estate, co-founding a real estate investment company in the 1970s. This company was later bought by American Express. Reinsdorf owns a significant stake in two major sports franchises.
Jan 9, 2024 · Jerry Reinsdorf is one of the most popular and richest Sports Executive who was born on February 25, 1936 in New York, United States. Lawyer who made use of his the real estate market to become an owner for the Chicago Bulls and White Sox.
- Early Life
- Career
- Turning Point
- Success
- Personal Life
- Net Worth
Jerry Michael Reinsdorf was born in Brooklyn, New York, in a Jewish family on February 25, 1936. His father was a sewing machine salesman. Reinsdorf attended the Erasmus Hall High School in Brooklyn and was a huge baseball fan since his childhood. He earned a bachelor’s degree from George Washington University in Washington D.C. and upon completion...
Jerry Reinsdorf’s first job after graduating from the university in 1960 was a tax delinquency case of Bill Veeck, the owner of the Major League Baseball team Chicago White Sox. A few years later in 1964, Reinsdorf went into private practice and worked to develop a speciality in real estate partnership tax shelters. He sold his business in the real...
Reinsdorf made his initial fortune in real estate, cofounding Balcor Company in 1973 and selling it nine years later to American Express. He then used the revenue to buy the Chicago White Sox baseball team in 1981 for $19 million. A few years later in 1985, Jerry Reinsdorf bought Chicago Bulls for $9.2 million, one year after Michael Jordan signed ...
After Jerry Reinsdorf acquired the team in 1981, Chicago White Sox made the playoffs in 1983 for the first time since 1959 and won the World Series in 2005 for the first time since 1917. As the owner and chairman of the Chicago Bulls since 1985, he oversaw the franchise turning into a lucrative business establishment that went on to win six NBA Cha...
In 1956, Jerry Reinsdorf got married to Martyl Rifkin. She was born in Denver, Colorado. The couple had four children: Susan, David (deceased), Michael, and Jonathan. Martyl was an acclaimed fine arts creator of colourful Cloisonné jewellery. She designed five of the six Bulls NBA championship rings and also designed the White Sox World Series cham...
Jerry Reinsdorf is well established as a billionaire and is regarded by most as a tycoon of the sports franchisee world for the past three decades. Coming from humble beginnings, Reinsdorf used his sharp brain and determination to achieve his dream. As of 2021, his net worth is estimated to be around $1.7 billion. He has investments in other busine...
- Brooklyn, NY, USA
- Jerry Michael Reinsdorf
- February 25, 1936
- Father-Max Reinsdorf, Mother-Marion Reinsdorf
4 days ago · Jerry Reinsdorf’s ownership of both the Chicago Bulls and the Chicago White Sox has left an indelible mark on Chicago sports. His management assured championship success for both teams, and his business acumen ensures that both franchises have maintained financial stability over several decades.
May 3, 2022 · 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...
