Stan Kroenke Net Worth
Daniel Cobb
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $12 billion | N/A | July 29, 1947 | Columbia, Missouri | Male | N/A | Businessman | American |
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What is Stan Kroenke’s Net Worth?
Stanley Kroenke is an American businessman who has a net worth of $12 billion dollars. That net worth makes Stan one of the richest people in Missouri. Stan Kroenke is best-known for owning Kroenke Sports & Entertainment, the holding company of numerous sports teams throughout the US and UK. Through the company, he owns the English Association football club Arsenal F.C., the NFL’s Los Angeles Rams, and the MLS’s Colorado Rapids, among other teams.
Highlights
– Stan Kroenke has a net worth of $12 billion, making him one of the wealthiest individuals in Missouri.
– He owns Kroenke Sports & Entertainment, which controls various sports teams and entities.
– Kroenke owns Arsenal F.C., the Los Angeles Rams, the Colorado Rapids, and several other teams.
Early Life
Stan Kroenke was born as Enos Stanley Kroenke on July 29, 1947, in Columbia, Missouri. He grew up in the tiny unincorporated community of Mora, where his father owned Mora Lumber Company. Kroenke’s upbringing involved working at his father’s lumber yard from a young age. He attended Cole Camp High School, where he actively participated in basketball, baseball, and track.
Career
Stan Kroenke began his professional career in real estate by founding the Kroenke Group in the early 80s. The company focused on developing shopping centers and apartment complexes. He later ventured into developing Wal-Mart shopping centers after marrying Ann Walton Kroenke, one of the Wal-Mart heirs. In the mid-90s, Kroenke shifted his focus to sports team ownership and launched Kroenke Sports Enterprises.
His most significant venture is Kroenke Sports & Entertainment, which he founded in 1999. The company owns various professional sports franchises, stadiums, television channels, magazines, websites, and radio stations. Kroenke owns Arsenal F.C., the Los Angeles Rams, the Denver Nuggets, the Colorado Avalanche, the Colorado Rapids, and several other teams across different sports.
In addition to his sports and real estate ventures, Kroenke owns the Napa Valley winery Screaming Eagle and significant land properties, including the Waggoner Ranch in Texas.
Personal Life
Stan Kroenke married Ann Walton, an heiress of the Walmart fortune, in 1974. The couple inherited a stake in Walmart following Walton’s father’s passing in 1995. They have maintained a relatively private life and rarely conduct press interviews.
Net Worth Over Time
Stan Kroenke’s net worth has consistently grown over the years due to his successful ventures in sports team ownership, real estate, and other business interests. His current net worth is estimated to be $12 billion.
Components of Net Worth
Stan Kroenke’s net worth primarily stems from his ownership stakes in sports teams, notably Arsenal F.C., the Los Angeles Rams, and the Colorado Rapids. Additionally, his real estate investments, including shopping centers and apartment complexes, have contributed to his wealth. Other assets, such as the Napa Valley winery and extensive land holdings, further contribute to his net worth.