$2 Billion         |         Rank #1645

Who is Jerry Reinsdorf

Reinsdorf led a group that bought the Chicago White Sox baseball team in 1981 for $19 million. He still owns an estimated 19% stake.
He and investors bought a controlling stake in the NBA’s Chicago Bulls for $9.2 million in 1985, one year after the team drafted Michael Jordan.
Six championships and 33 years later, the Bulls are worth $2.5 billion net of debt; Reinsdorf still owns an estimated 40%.
He made his first fortune in real estate, cofounding Balcor Company in 1973 and selling it nine years later to American Express. Coming from an average or middle class family, Jerry Reinsdorf is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1645 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 86.0 years old. As of today, Jerry Reinsdorf’s net worth is approximately 2 Billion.

Facts about Jerry Reinsdorf

To find out what is Jerry Reinsdorf Net Worth, how he got there and what is Jerry Reinsdorf Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Jerry Reinsdorf

Jerry Reinsdorf was born on 25-02-36 in United States. Reinsdorf reportedly got his start as a tax attorney for the IRS. Being raised in the same country, Jerry Reinsdorf spent most of his time in Illinois in the city of Chicago.

Jerry Reinsdorf net worth is estimated at 2 Billion Billion to date.

Professional Journey

You will see him often in social media.  Jerry Reinsdorf made a fortune in sports, buying Chicago teams in the 1980s and watching values skyrocket over the next three decades. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In his youth, he was adventurous but unknown, but that was years ago. Reinsdorf led a group that bought the Chicago White Sox baseball team in 1981 for $19 million. He still owns an estimated 19% stake.
He and investors bought a controlling stake in the NBA’s Chicago Bulls for $9.2 million in 1985, one year after the team drafted Michael Jordan.
Six championships and 33 years later, the Bulls are worth $2.5 billion net of debt; Reinsdorf still owns an estimated 40%.
He made his first fortune in real estate, cofounding Balcor Company in 1973 and selling it nine years later to American Express. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Jerry Reinsdorf made a fortune in sports, buying Chicago teams in the 1980s and watching values skyrocket over the next three decades.
It is to be noted that Jerry Reinsdorf is one of the selfmade billionaires in the world and stands at 1645 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Jerry Reinsdorf:

How much is Jerry Reinsdorf worth?

Jerry Reinsdorf’s net worth is estimated to be 2 Billion.

How old is Jerry Reinsdorf?

Jerry Reinsdorf was born on 25-02-36, and is currently 86.0 years old.

What is Jerry Reinsdorf source of income?

Jerry Reinsdorf acquires most part of his wealth from sports teams.
 

Concluding Jerry Reinsdorf Net Worth

Currently with a net worth of 2 Billion, Jerry Reinsdorf stands at 1645 in the world billionaires list. And draws most of his wealth from sports teams. Hope you like this information about Jerry Reinsdorf. If you like this, then please share it with your friends. This above post is all about the estimated worth of Jerry Reinsdorf. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Jerry Reinsdorf. Actual worth may vary a little. You can always get information by checking out Leaktown.com.