Stan Kroenke is a popular businessman from the United States who owns the company Kroenke Sports & Entertainment. His company is the holding company of several sports teams like Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Colorado Mammoth, Arsenal FC, and Los Angeles Gladiators. He supports the Republican Party and has done many other ventures in his career. Now let’s have a closer look at the net worth of Stan Kroenke in 2018.
Early Life & Biography
Enos Stanley Kroenke is the son of Alvin and Evelyn P. Kroenke. He was born in Columbia, Missouri in July 1947. He spent his childhood in Missouri’s Mora. He is a Lutheran and is of German descent. His father was the owner of a lumberyard. He was named after Enos Slaughter, who was an American baseball player.
At a very young age, he used to manage the books of his father’s business. He was interested in businesses from a very young age. He went to Cole Camp High School and was very interested in sports like track, baseball, and basketball. After completing his high school, he attended the University of Missouri for his bachelor’s degree. He has also received his MBA degree.
In 1974, Stan Kroenke got married to Ann Walton, who is the daughter of James Walton. She is also a businesswoman and heiress to the Walmart fortune. They have two children named Josh and Whitney. He has also got two other children, Brett and Katie. He is a reader and likes to work out in his private gym. He rarely interferes in the day-to-day operations of his sports teams. He never gives interviews and is known as a reclusive man.
Career, Award & Nominations
In 1983, Stan Kroenke formed the real estate development company called Kroenke Group. The company has built many apartments and shopping centers. He is also the chairman of the real estate development company called THF Realty. He founded it in 1991. The company is today valued at over $2 billion. In 2009, he acquired the Napa Valley Winery Screaming Eagle along with Charles Banks.
As a sports mogul, Kroenke is the owner of Kroenke Sports & Entertainment. He first bought NFL’s St. Louis Rams. He has given the control of Colorado Avalanche and Denver Nuggets to his wife, Anne. He has also acquired Los Angeles Rams. He is the part owner of Colorado Crush of the Arena Football League. In 2004, he bought Colorado Mammoth of National Lacrosse League and Colorado Rapids of Major League Soccer.
His company also owns Denver’s Pepsi Center and is the co-owner of Dick’s Sporting Goods Park. In 2004, he launched FSN Rocky Mountain. Kroenke is also the shareholder of Arsenal Club of the Premier League association football. He later founded a newly formed team called Los Angeles Gladiators of the Overwatch League.
Net Worth & Earnings
How much net worth can an entrepreneur who has control over many sports teams in the world have? He is a very successful businessman and is responsible for constructing several apartment buildings and shopping centers. His current net worth stands at $9 billion. He is one of the wealthiest sports owners in the world. In 2016, he acquired Texas’s Waggoner Ranch. He has also launched an outdoor TV sports channel and has done many other ventures. His net worth will be on the rise for sure, as the entrepreneur is still engaged in his endeavors.
Stan Kroenke is an influential person. He is a powerful sports mogul who has come from being a real estate developer to a sports team owner. He owns many stadiums and is the largest shareholder in Arsenal FC.