Jeanie Buss’ Net Worth 2024: Teams Owned, Mansions, Cars, and All We Know About Lakers Owner’s Family Heritage

For Jeanie Buss, her entry into the sports industry began quite early. Having acquired Jerry Buss' keen eye for business and entrepreneurial vision, the 63-year-old continues her father's legacy, embodying his drive to make the Purple & Gold a symbol of excellence. While it is a challenging job in a largely male-dominated field, Jeanie learned from one of the best in the industry.

Growing up, a young Jeanie was exposed to the atmosphere of the Lakers, learning about the finer nuances of sports management and business from a young age. Well, if we are going to be specific; since she was 18. Her father bought the storied franchise in 1979 – a risky move. And why was that?

Buss Sr. did not just purchase the Lakers . He also bought the NHL's Los Angeles Kings and the Western Great Forum all at once. But this is where the late Lakers' owner's ingenuity truly shines. Jerry Buss' gamble paid off. The 'Lakeshow' turned into one of the most successful franchises in sports. Watching and learning alongside him all this time was his daughter, Jeanie Buss.

Early life and first step into business Born in 1961, in Santa Monica, California, Jerry Buss appointed Jeanie as the general manager of the Los Angeles Strings (professional tennis team) at just 19 years old. Of course, it wasn't related to basketball, but it still helped her learn the intricacies of sports management.

From there, she continued her ascent, further honing her skills managing the Forum, which served as Los Angeles' arena at the time. And now, she's the President and controlling owner of the Lakers – a position that carries the prestige and pressure of leading a storied NBA dynasty.

Jeanie Buss' net worth and major assets Buss's net worth comes to approximately $700 million, largely thanks to her position. Her 66% ownership in the Lakers, which comes to around $3.9 billion, as part of the basketball franchise's $5.9 billion worth, pretty much becomes the cornerstone of her wealth. However, Jeanie's financial success isn't solely tied to the Purple & Gold.

Over the years, she has invested in a variety of ventures – a prominent investment being the professional wrestling promotion she co-owns, Women Of Wrestling (WOW). It is part of her commitment to creating and expanding opportunities for women in sports. Furthermore, Jeanie also co-founded Cincoro Tequila, alongside several NBA owners.

Her interests, though, are not limited to the above two. Real Estate is another area where Buss has showcased her sharp business acumen. Jeanie's portfolio includes residential properties and commercial buildings across California. While the value of her real estate holdings remains undisclosed, it wouldn't be a stretch to assume that they come in the millions.

Moreover, her income also comes from endorsements and media appearances, further boosting her income.

Lifestyle and expenditure Despite owning several luxury properties in Los Angeles and her substantial wealth, Jeanie Buss lives a relatively modest life. While there isn't exclusive information about these properties, the fact that she owns quite the high-end properties are a reflection of her taste for the finer things in life.

Family heritage For the Buss family, the Los Angeles Lakers are at the heart of everything. And when Jerry Buss died in 2013, the ownership was divided among his six children. Needless to say, it wasn't a happy family gathering. The most notable incident was the legal ownership battle in 2017. Jeanie's brothers tried their best to remove her from the controlling owner's position.

But she stood strong, retaining her role, and making sure her father's legacy continued without any hindrance. In fact, that's a major reason Jeanie Buss decided to not have any children. In a recent interview with The Cut, Buss describes herself as being "an ambitious person, almost to my detriment."

However, it never stopped her from giving it her best. "In the '90s, when I was 35 and recently divorced, my father offered me the opportunity to run the arena where the team played. He said, 'As your boss, I know you're qualified to do this job. But as your father, I'm telling you not to take it because you're not going to have a personal life.'"

"The ambitious part of me wanted the challenge of learning another area of the business. But he was right. It killed my social life [laughs]. I did it for about five years, and it burned me out. I made the decision not to have children," she admitted.

But if she could go back in time, would she change any of it? Not a chance.