Jeanie Marie Buss (born September 26, 1961) is the controlling owner and president of the Los Angeles Lakers of the National Basketball Association (NBA).
She joined the family business as general manager of the Los Angeles Strings professional tennis team at the age of 19, the daughter of Jerry Buss, who owned the Lakers and other sports businesses.
She later purchased the professional roller hockey team Los Angeles Blades. She was the president of the Great Western Forum before becoming the Lakers' vice president.
Jeanie Buss's Net Worth
According to Celebritynetworth, 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 career 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 team. Following her father's death, she was appointed vice president of the Lakers.
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Jeanie Buss Early Life And Family
Jeanie was still a child when her father began to prosper in the real estate business.
Jerry purchased a West Los Angeles apartment building in the 1960s.
This would pave the way for the physical chemistry Ph.D. graduate to launch a string of successful real estate ventures. Jerry Buss and his business partner Frank Mariani eventually formed Mariani-Buss Associates, a real estate investment firm.
Jerry had divorced Joann by this point, leaving Joanie with serious emotional problems. She did, however, maintain a close relationship with her father. Jerry began acquiring a number of sports teams in the Los Angeles area around this time.
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The Los Angeles Strings, the Los Angeles Kings hockey team, 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 lessons that she would later apply to manage the Los Angeles Strings. She chose to live with her father and moved in with him full-time when she was 17.
Jeanie Buss Career
Jeanie attended college while learning the ins and outs of business and sports management from her father. She enrolled at the University of Southern California, where she majored in business and graduated with honors.
Jerry hired Jeanie, then 19, as the new manager of the Los Angeles Strings during her college 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 proved her business acumen to Jerry, who planned to have her take over the Lakers' business operations while her brother Jim handled sports-related decisions. By 2005, she had established herself as one of the most powerful women in sports.
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Frequently Asked Questions
How Did Jeanie Buss Become Wealthy?
Being the Daughter of Jerry Buss, Owner of the Lakers and Other Sports Franchises, She Joined the Family Business at the Age of 19 as General Manager of the Los Angeles Strings Professional Tennis Team.
How Much Money Does Jeanie Buss Make With the Lakers?
Jeanie Buss Earns $60 Million Per Year.
How Much Did Jerry Bus Get for the Lakers?
According to Buss in the New York Times Article, the Lakers Accounted for Less Than Half of the Final Sale Price, as the Team and the Kings Were Sold for Just $24 Million. The Remaining $43.5 Million Was Allocated to the Indoor Arena and the Ranch.
