Gail Miller Net Worth – How Much is Gail Miller Worth?

Gail Miller, born Karen Gail Saxton on October 14, 1943 in Sandy, Utah, is an American businesswoman. After the passing of her husband Larry H. Miller in 2009, she took over as the chairwoman and owner of the Larry H. Miller Group (LHM) of Companies, now known as the Larry H. Miller Company (LHMCO). She also maintained a majority interest in the Utah Jazz, an NBA franchise, until its sale in 2020. As of 2023, she retains a minority stake in the team. Miller is the richest person in Utah, with an estimated net worth of $4.2 billion according to Forbes.

Key Takeaways:

Gail Miller is an American businesswoman with a net worth of $4.2 billion.
She took over the Larry H. Miller Group of Companies after her husband’s passing.
Miller maintained ownership of the Utah Jazz until its sale in 2020.
She is actively involved in various business ventures, including real estate and healthcare.
Miller is recognized as the richest person in Utah.

Business Interests of Gail Miller

After taking control of the LHM Group upon her husband’s death, Gail Miller expanded the business empire into various industries. The group initially consisted of 54 car dealerships, a movie theater chain, and the Utah Jazz. However, over the years, Miller sold most of these assets and ventured into new businesses such as real estate and healthcare. As of early 2020, her businesses employed around 11,000 people.

The Larry H. Miller Group, now known as the Larry H. Miller Company (LHMCO), was the foundation of Gail Miller’s business interests. Initially comprising car dealerships, a movie theater chain, and the Utah Jazz, Miller made strategic decisions to diversify her portfolio over time. The business empire underwent significant changes, aligning with Miller’s vision and adapting to evolving market trends.

“You have to be willing to change and adapt. It doesn’t mean that you have to abandon your core values or your core principles. It means that you have to be willing to astutely look forward and see what the future holds and make necessary changes in order to be successful.” – Gail Miller

Recognizing the potential for growth in other sectors, Miller gradually sold most of the car dealerships and the movie theater chain, focusing on expanding into real estate and healthcare. This strategic shift allowed her to enter new markets, tapping into the growing demand for quality healthcare facilities and services. Miller’s businesses in these industries have not only generated revenue but have also made a positive impact on the communities they serve.

Business Interests
Industry

Real Estate
Property Development

LHM Senior Health
Healthcare

Real Estate:

Miller’s foray into real estate involved strategic investments and property development projects. With a keen eye for identifying promising opportunities, she has successfully ventured into commercial and residential real estate. Through these ventures, she aims to transform communities while generating sustainable returns on investment.

LHM Senior Health:

LHM Senior Health emerged as a prominent player in the healthcare industry, offering a range of services including skilled nursing, assisted living, home health, and hospice care. Miller’s commitment to providing compassionate and high-quality healthcare has resulted in the acquisition of Advanced Health Care (AHC), a chain of nursing homes, hospices, and in-home health care providers. This expansion has allowed LHM Senior Health to enhance its presence and cater to the growing needs of an aging population.

Miller’s business empire has had a significant impact on the economy, creating job opportunities and contributing to the overall growth and development of the communities in which her businesses operate.

“We are not just a car business. We are not just a theater business. We are not just a sports business. We are in the business of improving lives, not just as customers but as employees and communities. We are providers and supporters. We are investors and advisors. We are builders and healers.” – Gail Miller

Utah Jazz Ownership

Gail Miller assumed ownership of the Utah Jazz and the Vivint Arena, formerly known as the Delta Center, upon her husband’s passing. The Miller family has been credited with saving the team and keeping it in Utah during financial hardships in the 1980s.

Miller invested millions to renovate the Vivint Arena in 2017, ensuring state-of-the-art facilities for the team and its fans. The arena, with a seating capacity of over 18,000, serves as the home court for the Utah Jazz and hosts a variety of events throughout the year.

Under Miller’s ownership, the Utah Jazz have achieved notable success, making multiple playoff appearances and establishing themselves as a competitive force in the NBA. The team’s success has been further highlighted by the emergence of star player Rudy Gobert, whose defensive prowess and impact on the court have earned him recognition as one of the league’s best.

Miller has been actively involved in supporting the team and its players, both on and off the court. She has addressed issues of fan behavior, emphasizing the importance of creating a respectful and inclusive atmosphere during games.

Miller’s commitment to the Utah Jazz extends beyond the game itself. She has made significant donations to various causes, including matching Rudy Gobert’s generous $200,000 donation to furloughed team employees during the COVID-19 pandemic.

Through her ownership of the Utah Jazz, Gail Miller has not only preserved the legacy of her late husband, Larry H. Miller, but also solidified the team’s position as a beloved institution in Utah.

Ownership Highlights
Facilities
Key Player

Assumed ownership of the Utah Jazz
Vivint Arena (formerly Delta Center)
Rudy Gobert

Credited with saving the team during financial hardships
Renovated Vivint Arena in 2017

Active involvement in supporting the team and addressing fan behavior

Made significant donations, including matching Rudy Gobert’s $200,000 donation

Big League Utah

Gail Miller and her family are leading the “Big League Utah” campaign, dedicated to bringing a Major League Baseball (MLB) team to Salt Lake City. Their vision is to establish a thriving professional baseball culture in the city, creating excitement for fans and providing new opportunities for players.

To support this initiative, the Millers have identified a site in the Rocky Mountain Power District in west Salt Lake City as a potential location for the future stadium. This prime location will offer convenient access for fans and contribute to the overall development of the area.

The passion for baseball within the Miller family is apparent. Gail Miller’s late husband, Larry H. Miller, had a deep love for the sport, dedicating a chapter in his autobiography to his experiences and memories. Continuing his legacy, the family is committed to realizing their dream of a professional MLB team in Salt Lake City.

The profits from the recent sale of the Utah Jazz, the NBA team formerly owned by the Millers, will play a significant role in diversifying their businesses and funding future endeavors, including the Big League Utah project. The Millers aim to reinvest in the local community through philanthropy and strategic business ventures.

The addition of an MLB team in Salt Lake City would bring significant economic benefits to the region, contributing to job creation, tourism, and a heightened sense of civic pride. It would also provide baseball enthusiasts with the opportunity to experience the excitement of live games, fostering a stronger sense of community and engagement.

Benefits of Big League Utah
Impact

Boost to the local economy
Increased job opportunities and tourism revenue

Enhanced community pride
Greater sense of belonging and engagement

Platform for aspiring athletes
New opportunities for local talent and youth development

Increased national exposure for Salt Lake City
Positive media coverage and recognition

Stimulated urban development
Revitalized neighborhoods and infrastructure improvements

Salt Lake City Stars

The Salt Lake City Stars are a semi-professional basketball team affiliated with the Utah Jazz in the NBA G League. The team plays its home games at the Maverik Center.

Originally known as the Stampede, the team was purchased by the Utah Jazz in 2015, becoming the 8th NBA team to own their G-League affiliate.

Position
Player
Height
Weight
College

Guard
Jared Harper
5’11”
175 lbs
Auburn

Forward
Nigel Williams-Goss
6’3″
190 lbs
Gonzaga

Center
Isaac Haas
7’2″
290 lbs
Purdue

Salt Lake Bees

The Salt Lake Bees are a minor league baseball team based in Salt Lake City, Utah. The team, which was originally known as the Salt Lake Buzz, has a rich history in the game of baseball.

The Salt Lake Bees play in the Pacific Coast League (PCL), which is one of the premier minor league baseball leagues in the United States. The PCL is a Triple-A league, meaning that it is just one level below Major League Baseball (MLB).

The Bees’ home stadium is Franklin Quest Field, named after the Franklin Quest Company, which was a major sponsor of the team. The stadium is located in downtown Salt Lake City and has a seating capacity of over 14,000. It has been the home of the Salt Lake Bees since their inception.

History and Achievements

The Salt Lake Bees were established in 1994 and set a single-season attendance record in their inaugural year. The team has consistently been one of the top draws in minor league baseball, with loyal and passionate fans filling the stands to support the Bees.

The Bees have had several successful seasons and have been able to develop talented players who have gone on to play in the MLB. Throughout their history, the Salt Lake Bees have prioritized player development and have helped many individuals fulfill their dreams of reaching the highest level of professional baseball.

Table: Salt Lake Bees Franchise History

Year
League
Record
Finish

1994
PCL
80-64
2nd

1995
PCL
79-65
2nd

1996
PCL
71-73
3rd

1997
PCL
64-80
6th

1998
PCL
80-64
2nd

Despite being a minor league team, the Salt Lake Bees have a dedicated fan base and provide an enjoyable and affordable baseball experience to the people of Salt Lake City. The team continues to be an integral part of the city’s sports culture and contributes to the development of talented players who aspire to play in the MLB.

Megaplex Theatres and Swig

Gail Miller’s business portfolio extends to the entertainment and beverage industries with Megaplex Theatres and Swig.

Megaplex Theatres, a renowned chain of movie theaters, was established in Sandy, Utah in 1999. With state-of-the-art facilities and a wide selection of films, Megaplex Theatres has become a favorite destination for moviegoers.

Swig, on the other hand, is a popular soft drink shop that offers a refreshing range of beverages. From thirst-quenching sodas to decadent specialty drinks, Swig has garnered a loyal following for its unique flavor combinations.

In a strategic move, the LHM Company acquired a majority stake in Swig in 2022, solidifying Gail Miller’s presence in the beverage industry. With this acquisition, the LHM Company aims to expand Swig’s reach by opening new locations and launching an exciting franchising program.

Combining the allure of the silver screen and the delightful flavors of Swig, Gail Miller’s business ventures continue to impress and resonate with audiences across Utah.

Healthcare Ventures

Gail Miller’s business empire has expanded into the healthcare industry with the formation of LHM Senior Health. LHM Senior Health is dedicated to providing exceptional care in skilled nursing, assisted living, home health, and hospice care.

“At LHM Senior Health, we prioritize the well-being and comfort of our residents. Our experienced team of healthcare professionals is committed to delivering personalized care and support to meet the unique needs of each individual.”

In 2021, as part of their efforts to diversify their portfolio, the LHM Group acquired Advanced Health Care (AHC), a reputable chain of nursing homes, hospices, and in-home health care providers. With this acquisition, LHM Senior Health has expanded its presence and continues to provide excellent care to individuals across various states.

Advanced Health Care (AHC)

AHC has a strong track record in offering comprehensive healthcare services and is known for its commitment to patient well-being. With their expertise in nursing homes and hospice care, AHC brings valuable experience to the LHM Company’s healthcare ventures.

Key services provided by Advanced Health Care (AHC) include:

Skilled nursing care
Assisted living services
In-home health care
Hospice care

The integration of AHC into LHM Senior Health expands the range of healthcare services available, ensuring that patients receive the best possible care along every step of their journey towards improved health and well-being.

Having established a strong presence in the healthcare industry, Gail Miller and the LHM Company remain committed to providing advanced health care services to individuals in need. Their dedication to compassionate and personalized care continues to drive their success in this critical field.

Gail Miller’s Philanthropy

Gail Miller is a well-known philanthropist who actively supports various causes through her generous donations. One of her significant contributions includes a donation of $50 million to Intermountain Healthcare, a non-profit organization that operates hospitals and clinics across multiple states. This donation served as the catalyst for a larger fundraising campaign, benefiting numerous individuals in need.

As a testament to her commitment, Gail Miller currently serves as the chair of Intermountain Healthcare’s board of trustees. She plays a pivotal role in guiding the organization’s strategic direction and ensuring the delivery of high-quality healthcare services to the community. Through her leadership and philanthropic efforts, Gail Miller has made a lasting impact on the lives of countless individuals.

Gail Miller’s philanthropy extends beyond the healthcare sector. She actively supports various initiatives aimed at improving the lives of others, contributing to educational programs, community development projects, and cultural endeavors.

“I believe in the power of giving back and making a positive difference in the world. It is our responsibility to help those in need and create opportunities for others to thrive.”

Gail Miller’s dedication to philanthropy serves as an inspiration to many and showcases the transformative power of generosity. Her contributions have helped shape a brighter future for countless individuals and communities.

Organization/Initiative
Donation

Intermountain Healthcare
$50 million

Educational Programs
Ongoing support

Community Development
Significant contributions

Cultural Endeavors
Generous donations

Gail Miller’s philanthropic endeavors have made a profound impact on various sectors, touching the lives of many individuals and communities. Her commitment to making a positive difference continues to inspire and uplift those around her.

Gail Miller’s Personal Life

Gail Miller, formerly known as Karen Gail Saxton, married Larry H. Miller on March 25, 1965. Together, they raised a family of five children, creating a strong and loving household. The couple’s union was a testament to their devotion to each other and their shared values.

Following the unfortunate passing of her beloved husband Larry, Gail Miller found love again and remarried Kim Wilson in 2013, embracing a new chapter in her life. The union with Kim Wilson brought joy and companionship into her world, allowing her to continue to build a fulfilling life.

Gail Miller is an active member of The Church of Jesus Christ of Latter-day Saints, a faith that holds deep significance in her life. Her involvement in the church community exemplifies her commitment to her beliefs, as she engages in various religious activities and events.

Through her personal and spiritual journey, Gail Miller has found strength, resilience, and happiness, emerging as an influential figure in both her personal and professional life.

Life Highlights:

Married Larry H. Miller on March 25, 1965
Five children as a result of their loving marriage
Remarried Kim Wilson in 2013
Active member of The Church of Jesus Christ of Latter-day Saints

Gail Miller’s Recognition and Wealth

Gail Miller’s achievements in business and philanthropy have earned her widespread recognition. As of Forbes’ estimation in 2023, she holds the coveted position of being the richest person in Utah, with a remarkable net worth of $4.2 billion.

Over the years, Gail Miller has consistently appeared on Forbes’ list of the wealthiest individuals in America, thanks to her successful ventures and wise investments. Her immense wealth is a testament to her entrepreneurial acumen and dedication.

Furthermore, Gail Miller’s philanthropic activities have further solidified her reputation as a prominent figure in society. Her contributions to various charitable causes have positively impacted numerous lives and communities around the country.

Through her remarkable journey from business success to substantial philanthropy, Gail Miller exemplifies the true power of wealth in making a difference in the world.

Other Notable Utah Wealthy Individuals

Utah is home to more than just Gail Miller when it comes to wealthy individuals making their mark on the business scene. Matthew Prince, with his successful cybersecurity ventures, has amassed an estimated net worth of $2.2 billion. Ryan Smith, the former owner of the Utah Jazz, boasts a net worth of $1.6 billion. These prominent figures, along with many others, contribute to the thriving economy and growing wealth of Utah.

Matthew Prince, known for his expertise in cybersecurity, has built an impressive fortune through his ventures. His estimated net worth of $2.2 billion reflects his success in this fast-growing industry.

Ryan Smith, who previously owned the Utah Jazz, has made a significant impact both in the sports world and the business community. With a net worth of $1.6 billion, his entrepreneurial spirit and strategic investments have solidified his wealth.

These individuals are just a few examples of the many wealthy figures in Utah, highlighting the state’s vibrant business landscape. Their achievements and financial success contribute to the overall prosperity and economic growth of Utah.

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