Jeanie Buss Net Worth and Career: The Powerhouse Behind the Lakers

Jeanie Buss

Jeanie Buss, the influential sports executive and controlling owner of the Los Angeles Lakers, has made a significant mark in the NBA world. With a heritage steeped in basketball legacy, Jeanie has not only upheld her family’s tradition but has also carved out a name for herself through strategic business acumen and passionate leadership. Her journey from a young sports enthusiast to a renowned business mogul is inspiring and noteworthy.

Understanding Jeanie Buss’ net worth involves delving into her various ventures, career milestones, and personal achievements. This comprehensive article explores her life, from early beginnings and career highlights to her substantial net worth and business endeavors. By examining key events and dates, we will uncover how Jeanie Buss became one of the most powerful women in sports.

Profile Summary

AttributeDetails
Personal Information
Full NameJeanie Marie Buss
NicknameJeanie
GenderFemale
BirthdaySeptember 26, 1961
Age62 (as of 2024)
BirthplaceSanta Monica, California, USA
Current ResidenceLos Angeles, California, USA
Zodiac SignLibra
NationalityAmerican
EthnicityWhite
ReligionChristianity
Professional Information
EducationBusiness Degree, USC
ProfessionSports Executive, Businesswoman
Family
FatherJerry Buss
MotherJoann Buss
SiblingsSix (including Jim Buss)
Personal Life
SexualityStraight
Marital StatusEngaged
SpouseSteve Timmons (1990-1993), Engaged to Jay Mohr (2021-present)
Physical Attributes
Height5’7″ (170 cm)
Weight121 lbs (55 kg)
Body Measurements34-26-35 inches
Hair ColorBlonde
Eye ColorBrown
Financial Information
Net Worth$500 million (2024)
Source of IncomeLos Angeles Lakers, Business Ventures
Social Media
TwitterTwitter
InstagramInstagram

Who is Jeanie Buss?

Jeanie Buss is the daughter of the late Jerry Buss, the legendary owner of the Los Angeles Lakers. Born on September 26, 1961, in Santa Monica, California, she grew up immersed in the world of professional sports. Her father’s influence was profound, shaping her future in the sports industry.

Jeanie Buss is best known as the President and controlling owner of the Los Angeles Lakers. Her leadership has been instrumental in steering the Lakers to new heights, including winning the 2020 NBA Championship. Beyond the Lakers, Jeanie is a notable figure in various business ventures, including Women of Wrestling (WOW).

Jeanie Buss Net Worth

As of 2024, Jeanie Buss’ net worth is estimated at a staggering $500 million. This wealth is primarily derived from her ownership stake in the Los Angeles Lakers, which she inherited from her father. Additionally, Jeanie’s involvement in other business ventures contributes significantly to her financial status.

Jeanie Buss net worth

Jeanie’s annual salary is approximately $60 million, reflecting her pivotal role in the Lakers’ operations and other business interests. Her net worth has seen substantial growth over the years, showcasing her effectiveness as a business executive and her ability to capitalize on various opportunities.

Early Life

Jeanie Buss was born into a family with a deep connection to sports. Her father, Jerry Buss, was a renowned sports mogul who owned the Lakers and other sports franchises. Growing up, Jeanie was exposed to the intricacies of sports management and business operations, sparking her interest in the field from a young age.

At the age of 14, Jeanie began attending World Team Tennis meetings with her father, gaining early insights into sports management. She pursued a degree in business at the University of Southern California (USC), where she graduated with honors, further equipping herself for a career in the sports industry.

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Jeanie Buss’s Professional Journey

Jeanie Buss’s career began in earnest when she was appointed as the general manager of the Los Angeles Strings tennis team at the age of 19. Her early experience in managing a professional sports team laid the foundation for her future roles in the industry. She later became vice president of the Los Angeles Lakers in 1986.

In 2013, following the death of her father, Jeanie became the controlling owner of the Lakers. Her leadership was instrumental in securing the Lakers’ 2020 NBA Championship. Jeanie’s strategic decisions, including hiring Magic Johnson and Rob Pelinka, have been pivotal in the team’s success.

Jeanie Buss and lakers

Personal Life

Jeanie Buss’s personal life has been as public as her professional endeavors. She married volleyball player Steve Timmons in 1990, but the marriage ended in divorce in 1993. Jeanie was later engaged to former Lakers coach Phil Jackson from 1999 until 2016.

In 2021, Jeanie announced her engagement to comedian Jay Mohr, adding another chapter to her personal life. Despite the public nature of her relationships, Jeanie has remained focused on her professional responsibilities, balancing personal and business life effectively.

Jeanie Buss’s Luxury Cars

Jeanie Buss’s success is also reflected in her impressive car collection. She owns several luxury and high-performance vehicles, including models from brands like Mercedes-Benz, Porsche, and Tesla. Her car collection symbolizes her success and passion for luxury automobiles.

Among her prized possessions is a Mercedes-Benz S-Class, known for its elegance and performance. Jeanie’s collection also includes a Porsche 911, a favorite among sports car enthusiasts, showcasing her refined taste in automobiles.

Jeanie Buss’s Real Estate Investments

Jeanie Buss’s real estate portfolio is as impressive as her car collection. She owns multiple properties in the Los Angeles area, reflecting her substantial wealth. Her real estate investments include luxury homes in prime locations, offering both comfort and value appreciation.

One of her notable properties is a luxurious mansion in Playa Vista, Los Angeles. This property, along with others in her portfolio, underscores Jeanie’s strategic investment decisions, contributing to her overall net worth.

Jeanie Buss’s Business Portfolio

In addition to her role with the Lakers, Jeanie Buss is involved in various business ventures. She co-owns Women of Wrestling (WOW), a platform dedicated to promoting female wrestling. Her involvement in WOW demonstrates her commitment to empowering women in sports.

Jeanie’s business ventures extend beyond sports. She has invested in real estate, contributing to her diversified portfolio. Her entrepreneurial spirit and business acumen have enabled her to thrive in multiple industries, reinforcing her status as a successful business mogul.

Awards and Achievements

Throughout her career, Jeanie Buss has received numerous accolades. She was named one of the top 20 most influential women in sports by Sporting News in 2005. In 2011, Forbes recognized her as one of the most powerful women in sports management.

Jeanie Buss achievements

Her achievements extend to her role with the Lakers, where she led the team to the 2020 NBA Championship. Jeanie’s leadership and strategic decisions have solidified her reputation as one of the most effective sports executives in the industry.

Jeanie Buss’s Path to Wealth

Jeanie Buss built her fortune through a combination of inheritance, strategic business decisions, and entrepreneurial ventures. Her initial wealth came from her father, Jerry Buss, who left her a significant stake in the Los Angeles Lakers. This inheritance laid the foundation for her financial success.

Jeanie’s strategic decisions, such as hiring Magic Johnson and Rob Pelinka, and her involvement in other ventures like Women of Wrestling (WOW), have significantly contributed to her net worth. Her ability to capitalize on opportunities and manage high-profile sports teams has been key to her financial growth.

Jeanie Buss’s Romantic Life

Jeanie Buss’s personal relationships have been well-documented. She married volleyball player Steve Timmons in 1990, but the marriage ended in 1993. Later, she had a long-term relationship with former Lakers coach Phil Jackson, to whom she was engaged from 1999 until 2016.

In 2021, Jeanie announced her engagement to comedian Jay Mohr. Her relationships, while often in the public eye, have not overshadowed her professional accomplishments. Jeanie continues to balance her personal and professional life with grace and determination.

Other Sports Ventures of Jeanie Buss

Beyond the Lakers, Jeanie Buss has been involved with several other sports teams. At the age of 19, she became the general manager of the Los Angeles Strings, a professional tennis team. This early experience was crucial in shaping her future career in sports management.

Jeanie also founded the Los Angeles Blades, a professional roller hockey team, in 1993. Her involvement with the Blades and other teams showcases her versatility and expertise in managing various types of professional sports teams.

Interesting Facts About Jeanie Buss

  • Net Worth (2024): $500 million
  • Annual Salary: Approximately $60 million
  • Date of Birth: September 26, 1961
  • Education: Business degree from USC
  • Father: Jerry Buss
  • Engagements: Phil Jackson, Jay Mohr

Conclusion

Jeanie Buss is a formidable figure in the world of sports management. Her journey from inheriting the Los Angeles Lakers to becoming one of the most influential women in sports is a testament to her business acumen and leadership skills. With a net worth of $500 million and a diverse portfolio of business ventures, Jeanie Buss continues to inspire and lead by example.

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FAQS

What is Jeanie Buss’s net worth?

As of 2024, Jeanie Buss’s net worth is estimated to be $500 million.

How did Jeanie Buss become the owner of the Lakers?

Jeanie Buss inherited a controlling stake in the Lakers from her father, Jerry Buss, after his death in 2013.

Who is Jeanie Buss engaged to?

Jeanie Buss is currently engaged to comedian Jay Mohr.

What other sports teams has Jeanie Buss been involved with?

Jeanie Buss has been involved with the Los Angeles Strings (tennis) and the Los Angeles Blades (roller hockey).

What are some of Jeanie Buss’s business ventures?

Besides the Lakers, Jeanie Buss co-owns Women of Wrestling (WOW) and has invested in real estate and other businesses.

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