Jeanie Buss Net Worth-We discuss here the Jeanie Buss family, early life, mother, Jeanie Buss career, earnings, and Jeanie Buss biography.
In this article, we’ll go through Jeanie Buss’s background, starting with her childhood and mother and working our way up to her successful profession and impressive fortune. On September 26, 1961, Jeanie Marie Buss was born in Santa Monica, California.
As a youngster, Buss lived in Santa Monica with her parents, Jerry and Joann Buss. There are three members of her family: two brothers and a sister. Buss has fond memories of her time growing up with her family. However, her parents’ divorce in 1972 caused her significant emotional distress.
The emotional distance grew, and she eventually moved in with her dad. At an early age, she began regularly attending international tennis competitions. She moved to Beverly Hills when she was 17 and gave tours of the large estate called Pickfair.
Jeanie Buss Birth, Age, Education, And Other Information
|Full Name||Jeanie Marie Buss|
|Net Worth (2022)||$550 million|
|Birth Date||September 26, 1961|
|Birth Place||Santa Monica, CA, USA|
|Spouse||Steve Timmons (m. 1990-1993)|
|Favourite Song||Not Known|
|Favourite Actor||Not Known|
|Favourite Movie||Not Known|
|Favourite Food||Not Known|
|College / University||University of Southern California|
|Favourite Color||Not Known|
|Favourite Hobbies||Not Known|
|Favourite Destination||Not Known|
|Favourite Book||Not Known|
Jeanie Buss Biography
Upon entering this world on September 26, 1961, Jeanie Marie Buss was welcomed into the world in Santa Monica, California. Jeanie Buss was the third of her parents Joann and Jerry Buss’s four children, and she was still a little kid when her father found success in real estate. In the 1960s, Jerry bought an apartment in West Los Angeles.
She inspired the bearer of a doctorate in physical chemistry to launch a series of successful business ventures. At last, Jerry Buss and his partner Frank Mariani founded the real estate investment company Mariani-Buss Associates.
Because of the breakup between Jerry and Joann, Joanie now has serious mental health issues. But she maintained a strong relationship with her dad. About this time, Jerry began purchasing other Los Angeles-area sports teams. The Los Angeles Lakers, Los Angeles Strings, and Los Angeles Kings were among them.
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At 14, she started accompanying Jerry on his trips to World Team Tennis meetings, where she gathered up invaluable information that she would later use in her role as general manager of the Los Angeles Strings. At 17, she decided to live with her dad permanently.
Even after selling his controlling share in the Kings, Jerry focused intently on overseeing the Lakers. Buss spent $67.5 million to add The Forum to his other sports-related investments. While Buss was the team’s owner, the Lakers went on an incredible run, winning ten championships and featuring an all-star roster that included James Worthy, Magic Johnson, Shaquille O’Neal, and Kobe Bryant. Jerry had a significant role in the Lakers reaching the $1 billion mark.
|Name||Jeanie Marie Buss|
|Net Worth (2022)||$550 Million|
|Monthly Income And Salary||$5 Million +|
|Yearly Income And Salary||$50 Million +|
After completing her senior year of high school, she applied to the University of Southern California for admission. She was accepted. The entrepreneur met his graduation requirements and received an honors degree in business.
The career of Jeanie Buss
Jeanie pursued her education at the same time that she was gaining her father’s wisdom in the areas of business and sports administration. She attended the University of Southern California, where she earned a degree in business with high honors and was ultimately a graduate with distinction.
Jeanie, then 19 years old and still enrolled in college, was selected by Jerry to become the new manager of the Los Angeles Strings. After acquiring ownership of the Los Angeles Blades of Roller Hockey International, Jeanie served as the president of the Great Western Forum, which was the home arena of the Los Angeles Lakers at the time, for four years.
After some time, she demonstrated to Jerry that she had strong business acumen. He devised a plan to have her take charge of the Lakers’ financial operations while her brother Jim was in charge of the team’s athletic affairs. By 2005, she had established herself as one of the most powerful women in the sports industry. After Jerry Buss passed away in 2013, Jeanie Buss finally parted ways with General Manager Mitch Kupchak and her brother Jim. They had been acting in the capacity of Vice President of Basketball Operations.
Jeanie Buss Work History and Honors
- In 2017, Jeanie’s brother Johnny attempted to dislodge his sister from her position as CEO of The Lakers. Jeanie emerged victorious after a drawn-out struggle and assumed an even stronger leadership position over the group. She is now entirely responsible for making all choices concerning the Laker family.
- In 2020, Jeanie settled in the Playa del Rey neighborhood of Los Angeles. The $2.6 million home is situated only a few miles from Los Angeles International Airport and was a significant investment for her. This seaside property features include a swimming pool, a jacuzzi, and a fitness center.
- The 2,200-square-foot home is situated in the exclusive Breakers community of Playa del Rey. Although Buss is no stranger to the Los Angeles real estate market, her most recent acquisition was her first beachfront property.
Jeanie Buss Gross Value
- Jeanie Buss, the late Jerry Buss’s daughter, now holds the positions of president and controlling owner of the Los Angeles Lakers. Jeanie Buss has a net worth of about $500 million. When she was 19 years old, she was hired as the general manager of the Los Angeles Strings, a professional tennis team.
- After purchasing the Los Angeles Blades roller hockey team, she quickly moved through the ranks to become president of the Great Western Forum. After her father’s passing, she took his place on the Lakers’ executive team.
- After Jerry’s death, each of his six children took over running the NBA franchise, but Buss quickly rose through the ranks to become the organization’s president. She also represents the Lakers on the NBA Board of Governors. At first, Jerry’s six children had an equal say in who would become the Lakers’ owner. Buss has done well throughout her time as Lakers owner; in 2020, her team won the NBA title under her leadership.
|Net Worth in 2022||$550 Million|
|Net Worth in 2021||$500 Million|
|Net Worth in 2020||$450 Million|
|Net Worth in 2019||$400 Million|
|Net Worth in 2018||$370 Million|
|Net Worth in 2017||$340 Million|
Jeanie ended her marriage to Steve Timmons, a professional volleyball player, in 1993, only three years after the couple had tied the knot. She revealed that she prioritized her profession above getting married at the time. She got engaged to Phil Jackson, who was once the head coach of the Los Angeles Lakers, shortly after appearing naked in the film “Playboy.” In 2016, the couple decided to no longer proceed with their planned wedding.
In 2019, Buss reportedly sold her home in Playa Vista for $2.575 million. When she originally acquired the residence in 2017, she did so for $2.45 million. The house was initially listed for $225,000 more than it went for, but she consented to the price drop.
However, after acquiring the land two years ago, Buss did some upgrades to it to increase its market value. Before re-listing, we updated the property with modern fixtures and a quick coat of neutral paint to make it more appealing to potential buyers.
Her previous Playa Vista home was over 3,200 square feet in size and was located on a corner lot. Other features include French doors, a flagstone patio, and a garage with space for three cars. This 2018 purchase of a four-bedroom condo in Playa Vista is purportedly Buss’ second house.