Billy Beane is a former professional baseball player and the current CEO and minority owner of the Major League Baseball (MLB) Oakland Athletics.
He is well renowned for his creative and analytical approach to team management, which was documented in the book and film Moneyball. What are his sources of income, and how did he make his fortune? Let us investigate.
Billy Beane Net Worth
Billy Beane Career as a Player and Manager
Billy Beane was born in Orlando, Florida, on March 29, 1962. He was a superb baseball player in high school and college, and he was picked in the first round of the 1980 MLB Draft by the New York Mets. He signed for $125,000 with the Mets and made his MLB debut in 1984.
He failed to live up to his potential, however, and spent six seasons with four different organizations (Mets, Twins, Tigers, and Athletics), hitting only 219 with three home runs and 29 RBIs in 148 games.
Billy Beane retired as a player in 1989 and joined the Athletics as a scout in 1990. In 1993, he was elevated to assistant general manager, and in 1997, he was named general manager. He took over a low-budget squad that had to compete with wealthier clubs like the Yankees and Red Sox.
He decided to evaluate players and develop a competitive team using statistical analysis and data-driven methodologies. He also enlisted the help of Paul DePodesta, a Harvard graduate and sabermetrician.
Billy Beane’s unusual strategy, dubbed “Moneyball,” was a success, as the Athletics won four division titles and made six playoff berths from 2000 to 2006 despite having one of the league’s lowest payrolls.
He also found and nurtured several stars, including Jason Giambi, Miguel Tejada, Tim Hudson, Barry Zito, and Mark Mulder. He also acquired players undervalued by other teams, like Scott Hatteberg, David Justice, and Chad Bradford.
Billy Beane’s accomplishments and strategies were recounted in Michael Lewis’ 2003 book Moneyball: The Art of Winning an Unfair Game, which became a best-seller and cultural phenomenon. The novel was made into a 2011 film starring Brad Pitt as Billy Beane and Jonah Hill as Paul DePodesta (renamed Peter Brand).
The film received positive reviews from critics and was nominated for six Academy Awards, including Best Picture, Best Actor, and Best Adapted Screenplay. Billy Beane remained the Athletics’ general manager until 2015, when he was appointed executive vice president of baseball operations.
He also acquired a 4% stake in the team, making him a minority owner. In 2022, he stood down from his post and became a senior advisor to the team. He also became a part-owner of the Boston Red Sox after joining a partnership that purchased the organization.
| Full name | William Lamar Beane |
| Nickname | Billy Beane |
| Gender | Male |
| Date of birth | 29 March 1962 |
| Age | 61 years old as of 2023 |
| Zodiac sign | Aries |
| Place of birth | Orlando, Florida, United States |
| Current residence | Danville, California, United States |
| Nationality | American |
| Ethnicity | White |
| Religion | Christianity |
| Sexuality | Straight |
| Height in feet | 6’ 4’’ |
| Height in centimetres | 193 |
| Weight in pounds | 195 |
| Weight in kilograms | 88 |
| Hair colour | Black |
| Eye colour | Brown |
| Relationship status | Married |
| Partner | Cathy Sturdivant |
| Children | Three (Casey Beane, Brayden Beane, and Tinsley Beane) |
| School | Mt Carmel High School |
| University | Stanford University |
| Profession | American former professional baseball player and current front office executive |
| Net worth | $20 million |
Billy Beane’s Other Ventures and Investments
Besides baseball, Billy Beane has also been involved in other ventures and investments, especially in soccer and technology. In 2015, he became an adviser for AZ Alkmaar, a Dutch soccer club, and applied his Moneyball principles to the team.
In 2017, he joined a consortium that bought Barnsley, an English soccer club and became the co-chairman. He also invested in other soccer clubs, such as Breidablik in Iceland and Nancy in France.
Billy Beane has also served on the board of NetSuite, a cloud computing company that Oracle purchased in 2016 for $9.3 billion. He also co-founded RedBall Acquisition Corp., a special purpose acquisition company (SPAC) that raised $575 million in 2020 to buy sports-related businesses. He also launched Beane Count, a sports analytics company that provides data and insights to teams and leagues.
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Billy Beane’s Real Estate and Lifestyle
Billy Beane owns a home in Danville, California, which he bought for $1.9 million in 2002. The house is a 6,000-square-foot mansion with five bedrooms, six bathrooms, a pool, a spa, and a three-car garage.
He also owns a 4,000-square-foot condo in San Diego, which he bought for $3.2 million in 2018. The condo has three bedrooms, four bathrooms, a balcony, and a view of the ocean.
Billy Beane lives a modest and low-key lifestyle, despite his wealth and fame. He is married to Tara Beane, his second wife, since 1999.
They have three children: Brayden, Tinsley, and Casey. He also has a daughter, Makena, from his previous marriage to Cathy Sturdivant. He is a devout Christian and a member of the Church of Jesus Christ of Latter-day Saints. He enjoys playing golf, fishing, and traveling in his spare time.
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