If you are interested in Dr. Jerry Buss’ net worth, read on! Discover his career, real estate investments, and poker skills. If you’re not familiar with Dr. Buss, you can read about his life and career to find out how much he’s worth. You can even learn about his hobbies and interests. Listed below are some of the ways he makes his money. To get the scoop on the latest in celebrity news, read on!
Dr. Jerry Buss
Dr. Jerry Buss net worth is estimated at $3 million dollars. He began his career as a chemist in the aerospace industry, worked as a chemistry professor at USC, and eventually turned his attention to real estate. His net worth has grown considerably since then, and his net worth is a significant amount. This article will discuss his career, net worth, and his personal life. If you are curious about his personal life, read on to learn more about his career and net worth.
After retiring from practicing medicine, Buss took on a real estate business. He co-owned a real estate investment firm, Mariani-Buss Associates, and purchased several sports teams, including the Los Angeles “Lakers.” He also bought a multi-purpose indoor arena in Inglewood, California. Today, “The Forum” is home to the Los Angeles “Lakers.”
Known for his passion for basketball, Dr. Jerry Buss’ net worth is significant for his work in the sports business. He owned the Los Angeles Lakers for 34 years and led the team to the NBA Finals 16 times. His team also won 10 championships during his 34-year tenure. He was a Wyoming boy who lived the American Dream. But even though he remained a relative unknown to many, his wealth grew immensely over time.
Dr. Jerry Buss’ career
If you’re curious about Dr. Jerry Buss’ career and net worth, you’ve come to the right place. Buss’ background was impressive, but the beginning of his career was less than stellar. He was a chemist for the Bureau of Mines, now known as the Mine Safety and Health Administration, and also taught chemistry at USC. Then, he entered the real estate industry, earning more than $13 million in net worth in the process.
After graduating from USC, Dr. Buss put down $6,000 and borrowed $100,000 to purchase a fourteen-unit rental property in West Los Angeles. He eventually built up that property into a $350 million real estate empire. Although his death came during the All-Star Weekend, he waited until the end of the All-Star weekend so that his legacy could be remembered. He didn’t want his passing to overshadow the celebration. Nevertheless, he was driven by a desire to succeed and win.
Aside from owning multiple professional sports teams, Buss also owned the Los Angeles Sparks of the WNBA and a Major Indoor Soccer League team. Buss even hosted events at the Forum in New York to promote the Lazers. After the MISA collapsed in 1990, Buss’ Sixth Generation Trust passed his 66% controlling interest in the Lakers to his six children. Each child received an equal vote. In addition to his son, Buss also appointed his daughter Jeanie as his team’s governor, and she eventually assumed that role.
Dr. Jerry Buss’ real estate investments
One of the most interesting things about Dr. Jerry Buss’ real estate investments is how much money he spent on them. Before the movie, he owned 700 pieces of property in California, including four hotels, a golf course, and undeveloped land. He also had interests in the World Team Tennis league, which he launched five years ago. During the league’s peak, he was able to attract an average of 7,000 people per game. Unfortunately, he ended up losing around $4-5 million, as his interest was in four of the league’s ten teams.
When Dr. Buss first started investing in real estate, he bought a 14 unit apartment building in Los Angeles. From there, he branched out and made bigger investments. By the time he was thirty-eight years old, he had sold almost all his assets. In the 1970s, he sold his entire company and went on to buy the Los Angeles Lakers and the NHL’s LA Kings. He also produced the film “The Big Game” and a sports movie.
After his success in the aerospace industry, Buss turned to real estate. He co-founded a real estate firm, Mariani-Buss Associates, with business partner Frank Mariani. The company’s success in real estate led to Buss earning a huge majority of his income before 1979. While he continued to make movies, he remained primarily focused on real estate investment. That made him one of the best real estate investors in the United States.
Dr. Jerry Buss’ poker skills
If you’re not familiar with the name Dr. Jerry Buss, you probably don’t know that he is a long-time poker player. He learned the game from his mother when he was four years old and was soon playing the high-stakes cash games. In recent years, Buss has moved up to tournaments. In 1991, he placed third in the World Series of Poker 7-Card Stud event. He’s been recognized by the Poker Hall of Fame for his success in the game.
Despite his reputation as a bad player, Buss is no stranger to winning. He’s won several tournaments in the last two decades, and has even won a couple of major events. In 1991, he finished third in the seven-card stud event at the World Series of Poker. In 2003, he placed second at the World Poker Tour invitational. But it’s not just about the cash prizes. Buss also has a history of investing in real estate.
Aside from his poker skills, Buss also has a deep background in business. He owned the Los Angeles Lakers from 1979 to 1987, and in the meantime, he also owns the World Team Tennis franchise and Major Indoor Soccer League franchises. While you may be surprised by his wealth, you can’t help but admire his talent. And remember, he was born poor. And yet, his poker skills have made him a millionaire.
Dr. Jerry Buss’ wife
The figure of Dr. Jerry Buss’ wife’s net worth is unknown, but it’s worth knowing about the woman’s background and family. The doctor was married to JoAnn Mueller for a little over three years. They were married for almost three years before splitting up due to Buss’ business priorities. Afterwards, she dated former New York Knicks President Phil Jackson. They were engaged for a few years, but broke up after personal reasons.
After earning the amount of money he did from sports, Buss turned to real estate to make a good living. He purchased several sports teams and a multi-purpose indoor arena called “The Forum.” This was later renamed to the Los Angeles “Lakers”.
When Buss Sr. died, he left a majority of his wealth to his children. When Jerry Buss died, all six children received equal shares of the ownership. This likely means that Buss receives a good paycheck as president of the Los Angeles Lakers, which is the equivalent of $2.7 B in Forbes. In addition to his sports interests, Buss’ wife’s net worth is primarily the result of his share of his basketball empire.
The net worth of Dr. Jerry Buss’ wife, JoAnn, is estimated to be at least $500 million. He was a successful entrepreneur, a sports owner, and a good friend. He also enjoyed a game of poker, finishing third in the World Series of Poker seven-card stud event and second in the World Poker Tour Freeroll invitational in 2003. His wife, JoAnn, also supported various charitable organizations, donating $7.5 million to the University of Southern California’s Department of Chemistry. He later died of kidney failure.
Dr. Jerry Buss’ family
If you’re wondering what it was like growing up under the care of a doctor, this HBO series is for you. The late Dr. Buss lived in a small coal-mining town, where he never met his real father. His relationship with his stepfather was strained, and he was eventually forced to move out of the family home at the age of sixteen. He worked odd jobs and studied at the University of Wyoming, seeing his education as a ticket to success. In the early 1960s, he married Joanne, and they moved to Los Angeles. Buss worked long hours, and they ended up having four children, including a daughter. His marriage suffered, and he spent most of his time working in the office, a practice that deteriorated over the years.
After years of success as an owner of the Los Angeles Lakers, Dr. Buss was admitted to the hospital for kidney failure in December 2011. He also had dehydration problems and blood clots in his legs, both caused by his extensive travel. While he was undergoing treatment, his family said he died of kidney failure. The Lakers franchise has a new owner, and the fans will be grateful.
His son Johnny was born on October 18, 1956. He began his career in sports management and served as the president of the Los Angeles Lakers and the LA Lazers. In addition, he was also the president of the Los Angeles Sparks, a women’s basketball team. His parents remained involved in sports, but his father largely hid his professional life. However, his children took over his family’s business.
Short Biography Of Jerry Buss
|Full Name||James Hatten Buss|
|Birth Date||November 9, 1959|
Los Angeles County, California
|Age||62 Years Old|
|Nick Name||Jim Buss|
University of Southern California (USC)
|Father’s Name||Jerry Buss|
|Mother’s Name||JoAnn Mueller|
Johnny Buss, Jeanie Buss, Janie Buss, Joey Buss, Jesse Buss
|Height||6’2″ (1.88 m)|
Jager Buss, Micaela Buss, Milahna Buss
Former Vice president of basketball operations of the Los Angeles Lakers
|Net Worth||$150 million|
|Social Media||Instagram, Twitter|
|Last Update||October, 2022|