Find out how much they earn in mounting fees and prize money. Arjun Athreya is a senior writer at Essentially Sports and has been contributing In January 2008, Buss donated $7.5 million to USC's Department of Chemistry to fund two endowed chairs and an endowed scholarship fund for chemistry graduate students; the two chairs were to be named after his mentors at USC, Professors Sidney Benson and David Dows. According to Streisand, the trust commands that the trust (effectively the Buss family) retain . In 1974, Buss produced a movie named Black Eye starring former gridiron star Fred "the Hammer" Williamson. America's Richest Sports Team Owners 2020: Steve Ballmer On - Forbes If you would like to customise your choices, click 'Manage privacy settings'. Buss's 66% controlling ownership of the Lakers passed to his six children via a trust, with each child receiving an equal vote (11% for each child). Bush Family Net Worth 2023 | Wealthy Persons Like Paul Allen and Bill Gates, he has dedicated much of his later life to global philanthropy, adding another $2 billion in Microsoft-earned money to charity. 20 Items Costco Superfans Say To Stop Buying Due To Inflation, Most people on this list are worth billions, Heres a look at the richest among the rich, Best National Banks of 2021: Low Fees, High APYs & Accessibility, LeBron James and More of the Richest Athletes Younger Than 40. [33][failed verification], daughter-of-lakers-owner-jerry-buss-be-the-next-to-rule-her-fathers-sports-kingdom-or-will-one-of-her-brothers-rise-to-power-a-fractured-family-fable, Naismith Memorial Basketball Hall of Fame, Forest Lawn Memorial Park (Hollywood Hills), Learn how and when to remove this template message, "Lakers' Jeanie Buss: She's Got Balls - Sports Illustrated Vault | SI.com", Jerry Buss, Longtime Lakers Owner, Is Dead at 80, "Whether It's the L.A. Lakers or a Lovely Woman, Jerry Buss Is Interested in Champions", "Lakers Legendary Jerry Buss and His "Rags to Riches" Story Truly One of a Kind", "Naismith Memorial Basketball Hall of Fame Announces Class of 2010", "Golden Plate Awardees of the American Academy of Achievement", "A Bad Fold by David Grey on Poker After Dark", Los Angeles Times: "All in the Family - If Jerry Buss has his way, the Lakers will belong to his kids" by John Ireland, "Lee Klose finds birth family after decades", Dodgers affected by Jerry Buss like no other non-NBA team, "Buss also booked for driving with BAC of 0.08 or higher", "Kobe Bryant, Steve Nash help Lakers hold on for 2nd straight win", Breaking News: Lakers Owner Jerry Buss Dying Of Cancer, "Lakers Owner Jerry Buss Dies at Age 80, Leaving Behind "Unparalleled Legacy", "Jill Painter: Lakers lose innovative owner, L.A. loses friend", "Jerry Buss Buried At Forest Lawn Memorial Park, Hollywood Hills In Private Ceremony", "LOS ANGELES: Jerry Buss, Lakers' flamboyant owner, dies at 80", "Buss family faces crucial moment with the Lakers", "Lakers expected to remain a Buss family-owned team", "World Series of Poker invites Kobe Bryant as tribute to Jerry Buss", https://en.wikipedia.org/w/index.php?title=Jerry_Buss&oldid=1145995928, This page was last edited on 22 March 2023, at 04:43. Know about her Salary, Career, and Achievements. Jeanie Marie Buss (born September 26, 1961) [1] is an American sports executive who is the controlling owner and president of the Los Angeles Lakers of the National Basketball Association (NBA), [2] [3] and co-owner and promoter of the U.S. women's professional wrestling promotion Women of Wrestling . Her father Jerry Buss was the majority owner of the Lakers before he passed away in 2013. The 20 most valuable sports empires have a combined enterprise value of more than $100 billion, led by Liberty Media at No. The Dwarfs were regular fixtures in and among the Showtime Lakers throughout the 1980s and 1990s, and until Jerrys passing in 2013. 1 with $13 billion. Buss was supposed to do well but the team folded in the year 1989. This would spark a string of successful real estate ventures for the physical chemistry Ph.D graduate. He has made money, however, in real estate as the executive director of Southwest Value Partners. Heres why they decided against it, Kentucky Derby draw finds favorite Forte in a nice spot in the middle, Sherman Oaks Notre Dame receives No. 2023 Celebrity Net Worth / All Rights Reserved. Witnesses offer conflicting accounts, Mars Voltas lead singer broke with Scientology and reunited with the band. Lasry founded Avenue Capital Management in 1995. Buss' total net worth isn't revealed yet, however, he is the equal recipients of his father will and ownership of Lakers.

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buss family trust net worth