Donald Sterling is a famous American Businessman. Sterling was served as the owner of Los Angeles Clippers Basketball franchise of National Basketball Association from 1981 to 2014. He was fined by the league from NBA for a lifetime along with the fine of $2.5 million for making racist comments in front of the public. His wife sold the Clippers with the deal of $2 billion to Steve Ballmer and was approved by the NBA Board of Governors. Keep reading to know more about the net worth of Donald Sterling in 2018.
Early Life & Biography
Donald Sterling was born on April 26, 1934, in Chicago, Illinois. He has completed his education from Theodore Roosevelt High School situated in Los Angeles and served as the president of the class. Later, he also appeared in California State University and completed his graduation there. He also joined Southwestern University School of Law in 1960.
Sterling married to Shelly and lived with her for a longer time. His wife changed their surname to Sterling when their relationship crosses 25 years.
Career, Awards, & Nominations
Donald started his career as an attorney of divorce and personal injury. He purchased a large apartment in Westwood in Los Angeles and changed their name to the Sterling Towers. After, Sterling leased the building of California Bank on Wilshire Boulevard and named the place as Sterling Plaza. He partnership with Jerry Buss and owed the NBA franchise. Buss sold his apartment buildings to Donald for $2.7 million, and after a year Buzz wants his NBA franchise from Sterling for the amount $12.5 million.
Donald spent around $50 million for making the art practice facility and its headquarters in Los Angeles. The team started providing practices in the local training camp in Los Angeles. In the ESPN The Magazine, Clippers has been named for the worst franchise sports. In 2010, he had wrongly heckled players in his team and giving harshest treatment to them. After this incidence, he was considered as the worst owner by the New York Times and Forbes.
In 2014, TMZ Sports were involved in the meeting with V. Stiviano. This recording was converged by the media and spread nationally. Later, notice was issued to Stiviano for sued him by the Sterling family and also sued by his wife for the return of $2.6 million with a Ferrari, Bentley and Range Rover.
Net Worth & Earnings
Donald Sterling has earned the total net earnings of around $3.7 billion. His earning generated from his business and having huge assets and revenue. He is having apartments of million dollars and also having an expensive car. Before, he had a franchise of NBA and earned the huge income from it.
Sterling is popular for his services in the NBA. His interest in business helped him to get more name and also purchased apartments from Buzz. Later, he sold back to Buzz with a higher amount. He was removed from the franchise of NBA for his racist comments that he spoke in the meeting. Moreover, he always caught by the media for his activities and the magazines wrote about him as the worst franchise sports.