Jeanie Buss Net Worth: The Controlling Owner and President of the Los Angeles Lakers

Jeanie Buss is one of the most powerful women in sports, as she is the majority owner and president of the Los Angeles Lakers, one of the NBA’s most successful and popular organizations.

She is also a co-owner and promoter of Women of Wrestling (WOW), a female-only professional wrestling promotion. This article will look at her net worth, ownership share, personal life, and accomplishments.

Jeanie Buss Net Worth

Jeanie Buss is a $700 million American sports executive. Jeanie Buss is the son of the late Jerry Buss, owner of the Los Angeles Lakers. She is currently the team’s president and controlling owner.

When Jerry died in 2013, Jeanie and her five siblings inherited his 66% share of the Lakers. Jeanie was given complete control of the Lakers in 2017, despite the fact that the siblings still retain equal 11% shares in the franchise. Each 11% stake is worth about $715 million at the team’s current valuation of $6.5 billion.

Jeanie Buss began her career as the general manager of the Los Angeles Strings, a professional tennis team when she was 19 years old. She became president of the Great Western Forum after becoming the owner of the Los Angeles Blades roller hockey team.

Following her father’s death, she was appointed vice president of the Lakers. Women of Wrestling (WOW) is also co-owned and promoted by her. Jeanie Buss received a 2023 Sports Emmy Award for her work as executive producer on “Legacy: The True Story of the Los Angeles Lakers.”

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Jeanie Buss Assets

Home: Jeanie Buss is a wealthy woman who lives in America. She is a household name in the American sports industry. Buss has a large number of real estate properties and enjoys a lavish lifestyle. Buss currently owns a large house in New York City, as well as several properties in California.

Car collection: Jeanie Buss owns a large number of cars and has an impressive collection of them. Her exotic cars have always kept her in the spotlight. Buss presently owns Lamborghini, Ferrari, Rolls Royce Phantom, Mercedes Maybach, and other luxury vehicles.

Ownership Stake

After her father died in 2013, Jeanie Buss took over as the Lakers’ controlling owner and president. He bequeathed a family trust to his six children, who control 66% of the Lakers and have equal voting rights.

Jeanie Buss is the Lakers’ representative on the NBA Board of Governors, and she has the last say on all basketball and business matters for the organization. She is also the first female controlling owner to lead her team to an NBA title in 2020.

Other Lakers owners include Mark Walter and Todd Boehly (26% each), Ed Roski (8%), and Patrick Soon-Shiong (4%). Walter and Boehly co-founded the private equity firms Guggenheim Partners and Eldridge. Roski is a billionaire real estate developer, and Soon-Shiong is a physician and biotech entrepreneur.

Personal Life

Jeanie Buss was born in Santa Monica, California on September 26, 1961. She earned a business degree with honors from the University of Southern California. She began her work at the age of 19 as the general manager of her father’s professional tennis team, the Los Angeles Strings.

Later, she purchased and managed the Los Angeles Blades, a professional roller hockey team. She was also the president of the Great Western Forum, the Lakers’ old home arena. Jeanie Buss has been married twice, first to professional volleyball player Steve Timmons from 1990 to 1993, and then to comedian and actor Jay Mohr in 2023.

From 1999 to 2016, she was also in a long-term relationship with Phil Jackson, a former NBA coach and executive. She does not have any children, but she is close to her three siblings, Johnny, Jim, and Janie, as well as her eight nieces and nephews.