Join us as we delve into the fascinating world of Jerry Jones’ wealth empire – from the oil and gas foundation to the crown jewel, the Dallas Cowboys. Get ready to uncover the financial touchdowns, the family involvement, and the jaw-dropping net worth breakdown of the richest sports team owner in America. Buckle up for a thrilling ride through the financial playbook of Jerry Jones, where business prowess meets philanthropic passion. Get ready to be amazed by the man behind the money!
Things to know:
- Jerry Jones’ net worth is estimated to be around $13.5 billion in 2023, with the majority of his wealth attributed to his ownership of the Dallas Cowboys, valued at $9 billion.
- He made his fortune in Texas from oil and gas before purchasing the Dallas Cowboys for $150 million in 1989.
- Jerry Jones and his wife Gene own 51% of the Dallas Cowboys, with their three adult children sharing the other 49% equally.
- Forbes estimates the Dallas Cowboys’ value at $9 billion, making it the most valuable franchise in the NFL.
- Jerry Jones’ net worth breakdown includes $5.7 billion from the ownership of the Dallas Cowboys and an estimated $5.6 million salary as the General Manager.
- His investments in Comstock Resources, real estate, hospitality management, and Papa John’s franchises contribute to his varied sources of wealth.
Exploring the Vast Empire of Jerry Jones’ Wealth
The story of Jerry Jones and his ascent to becoming one of the wealthiest figures in the world of sports is nothing short of a modern-day tycoon tale. As of 2023, Jerry Jones’ net worth is a staggering $13.5 billion, a figure that reflects his shrewd business acumen and relentless pursuit of success. But how did he amass such a fortune, and what assets constitute this extraordinary sum? Let’s delve into the financial odyssey of Jerry Jones and unravel the composition of his net worth.
The Oil and Gas Foundation
Before the glitz and glamour of the NFL, Jerry Jones made his mark in the rugged terrain of oil and gas. His ventures in this industry laid the groundwork for his financial empire, providing him the capital he needed to make his most famous acquisition – the Dallas Cowboys. It is this relentless entrepreneurial spirit, rooted in the rich Texan oil fields, that propelled him to the zenith of sports ownership.
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Dallas Cowboys: The Crown Jewel
The Dallas Cowboys, often referred to as “America’s Team,” are not just a football powerhouse but also an economic juggernaut, thanks in large part to Jones’ vision and leadership. With a valuation by Forbes at an astonishing $9 billion as of August 2023, the franchise stands as the most valuable in the NFL. The team’s worth has soared dramatically from the $150 million Jerry Jones invested in 1989 to purchase it, showcasing an impressive return on investment that would be the envy of any investor.
Ownership Structure and Family Involvement
Jerry Jones and his wife Gene command a 51% ownership stake in the Dallas Cowboys. Their three adult children are not merely heirs but active participants in the family’s business empire, each holding an equal share of the remaining 49%. This familial collaboration ensures that the dynasty Jerry Jones built will have a lasting legacy beyond his tenure.
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Annual Earnings: Salary and Beyond
While many may wonder about the earnings of an NFL team owner, Jerry Jones’ compensation extends beyond the typical confines of a salary. His role as General Manager brings in an estimated substantial annual income of around $5.6 million. However, it’s the value of the Cowboys and his other investments that truly escalate his net worth.
Investments and Business Ventures
Jerry Jones’ portfolio is diversified; his investments span across various sectors including Comstock Resources, real estate, hospitality management, and even pizza, with his stake in Papa John’s franchises. This diversification is a strategic move that mitigates risk and offers multiple streams of income, contributing significantly to his net worth.
Net Worth Breakdown
| Source of Wealth | Estimated Value |
|---|---|
| Ownership of the Dallas Cowboys | $5.7 billion |
| Salary as General Manager | $5.6 million |
| Investments and Business Ventures | Varies |
| Other Assets and Holdings | Varies |
Forbes Valuation and Global Ranking
The financial chronicles of Jerry Jones tell a story of growth and success. With Forbes estimating his net worth to be $14.1 billion as of November 29, 2023, he is ranked as the 126th wealthiest individual in the world. This is a testament to the significant appreciation of his assets and his savvy investment strategies. It’s important to note that his ranking fluctuates, as indicated by different estimates at various points in time, such as Bloomberg’s ranking of #168 with a $12.3 billion net worth.
The Richest Sports Team Owner in America
According to Forbes, Jerry Jones saw one of the most substantial increases in net worth among sports team owners, with an impressive 76% jump to an estimated $13.5 billion. This makes him not only one of the richest individuals in the sporting world but also a prominent figure in the global billionaires’ club.
Philanthropy and Public Life
Despite his enormous wealth, Jerry Jones is not just about accruing riches. He has been known to support various causes and individuals, such as backing former Cowboys fan and politician Chris Christie. His influence extends beyond the boardroom and the football field, into the realm of philanthropy and public advocacy.
Conclusion: The Financial Touchdown of Jerry Jones
Jerry Jones’ net worth is a reflection of his business prowess, strategic investments, and the exponential growth of the Dallas Cowboys’ brand. His story is a blueprint of how to turn a passion for sports into a multi-billion-dollar empire. As the owner of the most valuable NFL team and with a diverse portfolio of investments, Jerry Jones’ financial playbook continues to impress and inspire entrepreneurs and football fans alike. Whether on the gridiron or in the boardroom, Jerry Jones has proven that with vision and determination, the sky is the limit.
How did Jerry Jones make his money?
Jones made his fortune in Texas from oil and gas before purchasing the Dallas Cowboys for $150 million in 1989. He also has investments in Comstock Resources, real estate, hospitality management, and Papa John’s franchises.
What percentage of the Dallas Cowboys does Jerry Jones own?
Jerry Jones and his wife Gene own 51% of the Dallas Cowboys, with their three adult children sharing the other 49% equally.
How much does Jerry Jones make in one year?
Jerry Jones’ net worth breakdown includes $5.7 billion from the ownership of the Dallas Cowboys and an estimated $5.6 million salary as the General Manager.
What is the Dallas Cowboys net worth?
Forbes estimates the franchise’s value at $9 billion as of August 2023, making it the most valuable franchise in the NFL.
