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Jeanie Buss Net Worth: Everything About the Celebrity’s Wealth

When it comes to the list of prominent sports CEOs from around the world, one name stands out. The name represents the worth, enthusiasm, and attention to the work. Jeanie Buss is her name. Jeanie Buss is the president of the Los Angeles Lakers and the franchise’s first female owner. Jeanie Buss has a sizable fan base. After all, she’s more than just a gorgeous face. Jeanie Buss is far more than a lovely face. Many admirers have inquired about Jeanie Buss net worth. So, how much money does Jeanie Buss have?

Jeanie Buss

Every star has devoted followers. They want to know all there is to know about their favourite star. Fans are interested in everything they do, from their personal lives to their professional lives. Jeanie Buss’s fan base is fast growing, and it appears that many of her admirers are interested in her work life. For example, regarding her most recent ventures and Jeanie Buss net worth. Jeanie Buss had gained the recognition she deserved as an essential member of the business. So, how does she make a living? Is there a way to supplement your income? What are some examples of passive income?

A Brief Overview of Jeanie Buss

Jeanie Marie Buss was born on September 26, 1961. Buss is the controlling owner and an American sports executive. She is also the president of the NBA’s Los Angeles Lakers (National Basketball Association). Jeanie Buss’s father worked as a real estate broker. Jeanie Buss was just 19 years old when she took over as general manager of her family’s firm. Los Angeles Strings, a professional tennis team, was the family business. She went on to become the owner of the Los Angeles Blades, a professional roller hockey club.

Jeanie Marie Buss was born in the California city of Santa Monica. She and her three other siblings grew up solely in Santa Monica. Her parents also divorced in 1974. It was also a difficult moment. Jeanie Marie Buss moved to Pickfair with her father when she was 17 years old. Jeanie Buss attended the University of Southern California to finish her education. She graduated with honours after majoring in business. In 1990, she married a volleyball player. Her husband’s name was Steve Timmons. Despite the fact that the ex-couple split after three years of marriage.

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Rumors circulated that Jeanie Buss was romantically involved with the former Lakers coach and former New York Knicks player. There were reports that the pair was engaged. When Jeanie Buss spoke out about her romances, the allegations became real. They’d been together for four years. Jeanie Buss became the first woman controlling owner to lead her club to an NBA championship in 2020.

Jeanie Buss Net Worth Is Unknown

Jeanie Buss is the President and controlling owner of the Los Angeles Lakers and the daughter of late owner Jerry Buss. Jeanie Buss has a $500 million net worth. She began her work as the general manager of the Los Angeles Strings, a professional tennis team, when she was 19 years old. She became president of the Great Western Forum after becoming the owner of the Los Angeles Blades roller hockey club. Following her father’s death, she was appointed vice president of the Lakers.

Jeanie Buss

Although each of Jerry’s six children had ownership of an NBA franchise, Buss was the one who took a major leadership position within the organisation, becoming team president. She is also a member of the NBA’s Board of Governors, where she represents the Lakers. When it came to controlling ownership of the Lakers, all six of Jerry’s children had an equal vote at first. Buss’ tenure as Lakers owner has been fruitful, as she led the team to an NBA championship triumph in 2020.

Childhood and Family

Jeanie Marie Buss was born in Santa Monica, California on September 26, 1961. Jeanie Buss, who was raised by Joann and Jerry Buss with three siblings, was still relatively little when her father began to become successful in the real estate sector. Jerry purchased a West Los Angeles apartment complex in the 1960s. The physical chemistry Ph.D. graduate would go on to have a streak of profitable real estate projects as a result of this. Jerry Buss and his business partner Frank Mariani eventually founded Mariani-Buss Associates, a real estate investment firm.

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Jerry had divorced Joann by this stage, leaving Joanie with major emotional problems. She did, however, retain a close bond with her father. Jerry began acquiring a lot of sports clubs in the Los Angeles region about this time. The Los Angeles Strings, the Los Angeles Kings hockey club, and the Los Angeles Lakers were among them. At the age of 14, she was attending World Team Tennis meetings with Jerry, where she was learning valuable principles that she would later apply to leading the Los Angeles Strings. She chose to live with her father and moved in with him full-time when she was 17 years old.

Despite finally selling his majority stake in the Kings, Jerry stayed focused on tightly overseeing the Lakers. Buss acquired The Forum for $67.5 million as part of his succession of sports-related assets. The Lakers won 10 titles during Buss’ ownership and boasted an all-star lineup that featured James Worthy, Magic Johnson, Shaquille O’Neal, and Kobe Bryant. Jerry was instrumental in transforming the Lakers into a $1 billion club.

Jeanie Buss

Career

Jeanie attended college while learning the ins and outs of business and sports management from her father. She enrolled in the University of Southern California, where she majored in business and graduated with honours. Jerry hired Jeanie, then 19, as the new manager of the Los Angeles Strings during her undergraduate years. Jeanie spent four years as the president of the Great Western Forum — the Lakers’ stadium at the time – after becoming the owner of the Los Angeles Blades in Roller Hockey International.

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She eventually proven her economic acumen to Jerry, who planned to have her take over the Lakers’ corporate operations while her brother Jim handled sports-related choices. By 2005, she had established herself as one of the most powerful women in athletics. Following Jerry’s death in 2013, Buss fired both General Manager Mitch Kupchak and her brother Jim, who was working as Vice President of Basketball Operations.

Legal Concerns in the Family

Jeanie’s brother Johnny attempted to seize control of The Lakers from his sister in 2017. The coup concluded with Jeanie gaining even more control of the squad after a lengthy fight. She is now solely responsible for all Laker family choices. 

Relationships

Jeanie divorced professional volleyball player Steve Timmons after three years of marriage in 1990. She said that she prioritised her job above her marriage. She became engaged to Phil Jackson, the former head coach of the Los Angeles Lakers, after posing naked for “Playboy.” In 2016, the couple revealed that they were no longer planning on marrying.

Property for Sale

Buss’s Playa Vista property was reported to have sold for $2.575 million in 2019. She originally paid $2.45 million for the home in 2017. Despite the fact that the house was originally marketed for $225,000 higher than the final selling price, she agreed to the price reduction.

Having said that, Buss did put some effort into the property after purchasing it two years before in order to make it a more appealing proposition for prospective buyers. Before re-listing the home, a fresh coat of neutral paint and new fixtures were used to freshen it up. Her old Playa Vista house has over 3,200 square feet of living area and is located on a corner property. A flagstone patio, French doors, and a three-car garage are all included. Buss apparently owns another home in Playa Vista, and she allegedly bought this four-bedroom condo in 2018.

Jeanie purchased a new home in Los Angeles’ Playa del Rey district in 2020. She spent $2.6 million for the home, which is conveniently located near Los Angeles International Airport. A pool, jacuzzi, and gym are among the notable amenities of the four-bedroom seaside property. The 2,200-square-foot property is also part of the Breakers complex, a gated neighbourhood in Playa del Rey. Despite the fact that Buss had previously owned a number of houses in the Los Angeles region, this was her first waterfront residence.