Jeannie Buss Net Worth – How Much is Jeannie Buss Worth?

When it comes to successful businesswomen in the world of sports, one name stands out: Jeannie Buss. As the President and controlling owner of the Los Angeles Lakers, Buss has not only made a name for herself but has also amassed an impressive net worth. So just how much is Jeannie Buss worth?

According to Forbes, Jeannie Buss has a net worth of $700 million. As the daughter of the late Lakers owner Jerry Buss, she inherited a 66% stake in the team, valued at approximately $715 million. With the Lakers currently valued at $6.5 billion, Buss’ net worth is estimated to be $700 million.

Key Takeaways:

Jeannie Buss has a net worth of $700 million.
She inherited a 66% stake in the Lakers, valued at $715 million.
The Lakers’ current valuation is $6.5 billion.

Lakers Ownership Stake

Upon Jerry Buss’ death in 2013, his six children inherited a family trust that owns 66% of the Lakers. Each child, including Jeannie Buss, owns approximately an 11% stake in the franchise. Considering the current valuation of the Lakers at $6.5 billion, each 11% stake is worth around $715 million.

Owner
Ownership Stake
Estimated Value

Jeannie Buss
11%
$715 million

Other Buss siblings
55%
$3.575 billion

Mark Walter & Todd Boehly
26%
$1.69 billion

Ed Roski
8%
$520 million

Early Life and Family

Jeannie Buss, born on September 26, 1961, in Santa Monica, California, grew up in a family deeply immersed in the world of sports. She is the daughter of Jerry Buss and Joann Buss, and she has three siblings. Jeannie’s father, Jerry Buss, was not only a successful real estate entrepreneur but also the owner of various sports teams, including the Los Angeles Lakers.

Jeannie’s early exposure to her father’s investments in sports teams, particularly the Lakers, played a significant role in shaping her own career in the sports industry. With her passion for sports and a supportive family, she embarked on a journey that would lead her to become one of the most influential figures in basketball.

Family Legacy

“I was born into a basketball family. My father loved basketball, and he shared that love with all of his children. We all grew up cheering for the Lakers and being a part of the team’s ups and downs. It was an incredible foundation that inspired my own career in the sports industry.”

— Jeannie Buss

Growing up, Jeannie Buss experienced firsthand the dedication and hard work required to build and maintain a successful sports franchise. This unique upbringing laid the foundation for her future endeavors and instilled in her a deep appreciation for the game of basketball. Jeannie’s journey would soon take her from being a fan to an influential figure in the Lakers organization.

Sibling Camaraderie

Jeannie Buss shares a special bond with her three siblings, Johnny, Jim, and Janie Buss. Together, they have navigated their family’s ownership of the Los Angeles Lakers, supporting one another through both triumphs and challenges.

This strong family dynamic has been a cornerstone of their success, as they work together to carry on their father’s legacy and ensure the continued success of the Lakers franchise. Jeannie’s role as the controlling owner and president of the team has allowed her to further strengthen the family connection and solidify the Buss family’s prominent presence in the sports industry.

Sibling
Role

Johnny Buss
Vice President of Basketball Operations and Alternate Governor for the Lakers

Jim Buss
Former Executive Vice President of Basketball Operations for the Lakers

Janie Buss
Lakers’ Chief of Protocol and Alternate Governor

Career

Jeannie Buss’ career in the sports industry has been nothing short of remarkable. Starting at a young age, she demonstrated a passion for sports management and an entrepreneurial spirit that would propel her to great success.

At the age of 19, Buss became the general manager of the Los Angeles Strings, a professional tennis team owned by her father, Jerry Buss. This early role allowed her to gain valuable experience and immerse herself in the world of sports.

Building on her initial success, Buss went on to become the owner of the Los Angeles Blades, a roller hockey team, and served as the president of the Great Western Forum, a renowned sports and entertainment venue. These ventures showcased her leadership abilities and business acumen.

Following her father’s passing, Buss took on a pivotal role within the Los Angeles Lakers organization. She initially served as the vice president and gradually transitioned to the position of controlling owner and president of the team.

Jeannie Buss as a Businesswoman

Buss’ accomplishments extend beyond her involvement with the Lakers. She is also a co-owner and promoter of Women of Wrestling (WOW), a popular professional wrestling organization.

Furthermore, Buss has achieved significant recognition for her work in the sports industry. In 2023, she received a Sports Emmy Award as the executive producer of “Legacy: The True Story of the LA Lakers.” This recognition speaks to her commitment to excellence and her ability to succeed in a highly competitive field.

“My father taught me the importance of hard work, dedication, and always striving for greatness. I am proud to carry on his legacy and make my own mark in the industry I love.” – Jeannie Buss

Buss’ career is a testament to her unwavering dedication and unwavering drive for success. Through her various business ventures and achievements, she has solidified her position as a prominent figure in the sports world.

Personal Life

Jeannie Buss has had an eventful personal life, marked by relationships with notable figures. She was previously married to professional volleyball player Steve Timmons, but their union ended in divorce after three years. Jeannie also captured media attention with her high-profile relationship with former Lakers head coach Phil Jackson.

In a surprising turn of events, in 2023, Jeannie Buss announced her engagement to comedian Jay Mohr. The couple’s relationship has garnered public interest and support. Jeannie has been open about her personal life, showcasing her authenticity and transparency with fans and followers.

Jeannie Buss is not one to shy away from embracing her individuality. In 1995, she posed nude for Playboy magazine, displaying her confidence and embracing her body. This bold move showcased Jeannie’s empowerment and willingness to challenge societal norms.

The Relationships of Jeannie Buss

“In each phase of my personal life, I have found growth, love, and unique experiences. Whether through marriage, high-profile relationships, or embracing my own body, I have remained true to myself and sought happiness without fear or regret.”

– Jeannie Buss

Despite her public persona, Jeannie Buss values her privacy and focuses on living life on her own terms. Her relationships have had their ups and downs, but she continues to navigate through life with passion and resilience. Jeannie’s personal journey serves as an inspiration for others to embrace their own paths and find happiness authentically.

Marital Status
Divorced

Former Spouse
Steve Timmons

High-Profile Relationship
Phil Jackson

Engagement
Jay Mohr

Playboy Magazine
Pose, 1995

Real Estate

When it comes to real estate, Jeannie Buss is no stranger to the Los Angeles property market. She owns several properties in the area, showcasing her keen eye for investment opportunities and luxurious living. Let’s take a closer look at some of her notable real estate ventures.

In 2019, Jeannie Buss sold a home in Playa Vista for $2.575 million. The property had undergone meticulous renovations, ensuring its appeal to potential buyers. With her expertise in real estate, Buss successfully maximized the value of this property, capitalizing on the desirable location and market demand.

In 2020, Buss made an exciting acquisition – a stunning waterfront property in Playa del Rey. This purchase marked her first venture into waterfront living, a testament to her love for elegant and serene surroundings. Priced at $2.6 million, this property offers a luxurious and relaxing retreat from the bustling city.

The Playa del Rey property features an array of amenities that cater to both relaxation and fitness enthusiasts. From a tranquil pool to a rejuvenating spa and a fully equipped gym, Buss has created an oasis that epitomizes the epitome of luxury living.

Jeannie Buss’ real estate investments demonstrate her astute business acumen and commitment to creating beautiful and lucrative living spaces. Her passion for real estate goes hand in hand with her success in the sports industry, emphasizing her ability to excel in diverse domains.

Year
Location
Sale/Purchase Price

2019
Playa Vista
$2.575 million (sold)

2020
Playa del Rey
$2.6 million (purchased)

Lakers Ownership Stake (Continued)

In addition to the Buss family’s ownership stake in the Lakers, there are other owners involved. Mark Walter and Todd Boehly hold a 26% stake in the team, while Ed Roski owns an 8% stake. Together, these owners contribute to the overall value and management of the Lakers franchise.

Owner
Ownership Stake

Jeannie Buss
66%

Mark Walter
26%

Todd Boehly
26%

Ed Roski
8%

Jeanie Buss’ Net Worth (Continued)

Jeanie Buss is not only a prominent figure in the sports industry but also a successful businesswoman. As the controlling owner and president of the Los Angeles Lakers, her net worth has continued to grow. With her ownership stake in the Lakers, as well as her involvement in various business ventures, Buss’ net worth is estimated to be $700 million.

One of Buss’ notable business endeavors is her ownership and promotion of Women of Wrestling (WOW). This innovative venture not only diversifies her portfolio but also serves as a platform for empowering female athletes in the world of professional wrestling.

Furthermore, Buss’ net worth is a reflection of her savvy investments and entrepreneurial spirit. She has made shrewd real estate moves in the Los Angeles area, further contributing to her wealth.

Overall, Jeanie Buss’ net worth is a testament to her success as a businesswoman and her dedication to the Lakers organization. Her financial achievements and leadership make her a role model for aspiring entrepreneurs and women in sports.

Achievements and Recognitions

Jeannie Buss has made significant contributions to the sports industry, garnering recognition and accolades for her accomplishments. Her dedication and leadership have earned her numerous achievements throughout her career.

One notable recognition is Jeannie Buss’ 2023 Sports Emmy Award. As the executive producer of “Legacy: The True Story of the LA Lakers,” Buss played a vital role in creating a compelling narrative that highlighted the team’s rich history and success. This prestigious award showcases her commitment to excellence in storytelling and her impact on the sports entertainment industry.

Additionally, Jeannie Buss has been acknowledged as one of the most powerful women in sports management by Forbes. This recognition is a testament to her influence and leadership within the industry. Buss’ strategic decision-making and dedication to the Los Angeles Lakers have solidified her position as a trailblazer in the field.

Overall, Jeannie Buss’ achievements and recognitions reflect her exceptional contributions to the sports industry and highlight her influence as a respected figure in sports management.

Achievements
Recognitions

2023 Sports Emmy Award for “Legacy: The True Story of the LA Lakers”
Successful executive producer

Named one of the most powerful women in sports management by Forbes
Recognized for her influential role in the industry

Jeanie Buss’ Role in the Lakers Organization

As the controlling owner and president of the Los Angeles Lakers, Jeanie Buss plays a critical role in the organization’s success and operations. Her leadership and expertise guide the team both on and off the court.

With her position as the Lakers’ owner, Buss wields significant influence over the direction of the franchise. She is responsible for overseeing all aspects of the team, including basketball operations, marketing strategies, sponsorships, and broadcasting relationships.

Buss’s deep involvement extends beyond the Lakers’ internal dynamics. She also represents the organization on the NBA Board of Governors, a council with key decision-making power over league-wide matters. Additionally, Buss serves as a committee member of the NBA Advisory and Finance Committee, shaping policies that impact the broader basketball community.

By assuming the role of Lakers president, Buss ensures that her father’s legacy and vision for the team are upheld. Her dedication and commitment to the organization’s success are unwavering, as she strives to maintain the Lakers’ prominence in the NBA.

Responsibilities
Role

Basketball operations
Oversees the team’s basketball-related activities, including player acquisitions, coaching decisions, and player development.

Marketing strategies
Leads the development and execution of marketing campaigns to enhance the Lakers’ brand and engage fans.

Sponsorships
Negotiates and manages partnerships with corporate sponsors, securing revenue streams for the organization.

Broadcasting relationships
Forges and maintains relationships with broadcasters and media outlets to maximize the team’s exposure.

NBA Board of Governors
Represents the Lakers’ interests in league-wide decision-making processes and helps shape NBA policies.

NBA Advisory and Finance Committee
Contributes to discussions and decisions regarding financial matters and advises the league on strategic initiatives.

Jeanie Buss’ Philosophy and Future Plans

Jeanie Buss, the controlling owner and president of the Los Angeles Lakers, is deeply committed to the organization and strives to uphold her father’s legacy by keeping the team within the Buss family. Her philosophy centers around placing the team and players at the heart of the organization, ensuring their success and well-being are prioritized.

Dispelling rumors of external influences, Buss has emphasized her position as the controlling owner, affirming that she holds ultimate accountability for all decisions regarding the Lakers. Her unwavering dedication to preserving the team’s storied history and fostering a winning culture drives her future plans.

With a focus on stability and sustained success, Buss aims to guide the Lakers towards continued greatness both on and off the court. Under her leadership, the organization will seek to build upon its rich legacy, striving for championships while valuing integrity, teamwork, and community engagement.

“The Lakers’ success is not just about titles and trophies, but also about the impact we have on our fans and the community. We want to inspire and uplift, both within and beyond the basketball court,” says Buss.

Looking ahead, Buss envisions a bright future for the Lakers, marked by continued competitiveness, innovation, and inclusivity. She understands the evolving landscape of professional sports and is dedicated to adapting to the changing dynamics while staying true to the team’s core values.

In her pursuit of excellence, Buss acknowledges the importance of cultivating a winning culture. This involves empowering and supporting the players, coaching staff, and front office, fostering an environment that encourages growth, collaboration, and passion.

As the Lakers continue their journey under Buss’ guidance, fans can expect a steadfast commitment to success, both on and off the court. With her leadership, the team is poised to make significant strides and cement its place as one of the most storied franchises in NBA history.

Jeanie Buss’ Impact on Women in Sports

Jeanie Buss has broken barriers and shattered glass ceilings in the sports industry as the first female controlling owner of an NBA team. Her remarkable journey and accomplishments have showcased the immense potential for women in traditionally male-dominated fields. Buss’ success instills hope and inspiration in aspiring women leaders, proving that gender should never limit one’s ambition or ability to achieve greatness.

As the President and controlling owner of the Los Angeles Lakers, Buss has not only transformed the franchise but has also created a powerful legacy for women in sports. Her visionary leadership, strategic decision-making, and unwavering dedication have elevated the Lakers organization to new heights. Buss’ impact extends beyond gender boundaries, as she has shown that merit and expertise are the keys to success in the competitive sports industry.

Buss’ trailblazing accomplishments serve as an inspiration for women across the globe, encouraging them to pursue their dreams and conquer new frontiers. Her relentless pursuit of excellence and commitment to empowering women have opened doors and shattered stereotypes, fostering inclusivity and diversity in the sports world. Buss has become a role model, proving that women have the power to disrupt and redefine the playing field.

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