st louis cardinals owner net worth

His father was Bill DeWitt, who was a long-time executive for Major League Baseball. It also extended a franchise record of five consecutive seasons of reaching the postseason, a record which the club had set in 2014. He currently resides in Phoenix, Arizona. Businessman who was owner of the St. Louis Cardinals baseball team during a period when the team won two World Series. [2], Dewitt joined Cincinnati investment firm Gradison & Co. in 1974. 1 $880M Calculated December 2022 Owner (s) Tom Stillman Championships 1 Year Purchased 2012 Price Paid $180M Revenue 2 $180M Operating Income 3 $56M Debt/Value 4 14% Player Expenses 5 $79M Gate. Here are the 20 richest MLB team owners in the world. He is the chairman and CEO of the Crane Capital Group. Revenue and operating income are for 2021 season and net of revenue sharing and stadium debt service. Pujols earned an annoying-to-calculate-on-Baseball-Reference $103,840,436, but was worth $391 million per FanGraphs. William Dewitt Jr.s source of wealth comes from being a entrepreneur. Initially, Davis stayed mostly in the background. In his career, he was the founder and former CEO of Western Wireless Corporation, the former chairman of the CTIA, and the former chairman and CEO of VoiceStream Wireless. He took this company public and the stock soared. Robert Nutting - Pittsburgh Pirates- $1.1 Billion Robert Nutting was born in Wheeling, West Virginia, on March 29, 1962. Local revenues divided by metro population with populations in two-team markets divided in half. His other business ventures include owning the Seven Springs Mountain Resort and serving as the CEO of Ogden Newspapers. In 2011, it was rumored that Stuart Sternberg was not happy with fan attendance at Tampa Bay Rays games and that he was considering buying the New York Mets. Furthermore, the Lerner family is also a partner in Monumental Sports & Entertainment. Jim Crane is the owner of the Houston Astros and he bought this team in 2011 for $615 million from Drayton McLane. Malone also has international real estate holdings, including Castlemartin House and Estate and Humewood Castle in Ireland. 12. Moreover, the entrepreneur is also a philanthropist and each candle's sale benefits theSt. Jude Children's Research Hospital. To allow their purchase of the Reds in 2005, the rest of the group bought out Castellini's and the Williams brothers' shares, totaling an estimated 13%. With a personal net worth of $6.4 billion, it is just surprising that he hasnt bought half the teams in the MLB. Cards owners worth $4 billion - St. Louis Business Journal The St. Louis Business Journal features local business news about St. Louis. He began by founding Eagle USA, an airfreight company, and then used the profits from this business to form the Crane Capital Group. MLB Trade Rumors collected data on all 30 owners and DeWitt comes in ninth with a $4 billion net worth. He purchased the Cardinals back in 1995 and isone of the wealthiest MLB team owners. The revenue of the St. Louis Cardinals amounted to 287 million U.S. dollars in 2021. A German immigrant who made his way as a grocer and saloon owner, he saw potential in the sport without otherwise having any other background in it. 1. Juan Yepez May Offer A Break-Out Season For The St. Louis Cardinals, Chicago Cubs Express Interest In Spending Money On Free Agent Position Players, Albert Pujols Is A Bargain For St. Louis Cardinals While Writing Amazing Ending To Career, tv: Bally Sports Midwest; radio: KMOX 1120AM. For the National Football League team that played in St. Louis from 1960 to 1987, see, List of St. Louis Cardinals owners and executives. Jerry Reinsdorf is the owner of the Chicago White Sox. A total of 14 general managers (GM) have served for the Cardinals. Portion of franchise's value attributable to its brand. In terms of his land ownership, he owns Silver Spur Ranches which has several ranches across the United States. Photo Source: Social Media. William Dewitt Jr. (born August 31, 1941) is famous for being entrepreneur. Mark Attanasio Milwaukee Brewers $700 Million, 19. In December 2021, the Cardinals sold their minority interest in the AAA-affiliate Memphis Redbirds. Under his leadership, the St. Louis Cardinals' value has reached $2.245 Billion as of March 2021. Under his leadership, the St. Louis Cardinals' value has reached $2.245 Billion as of March 2021. Next. He bought the Boston Red Sox for $660 million in 2002. Bernie: Cardinals Owner Bill DeWitt Jr. Makes It Clear. For a time, no credible offers surfaced from St. Louis interests, making it seem likely that the team would be purchased by someone interested in moving them to another city. The $365 million stadium is one of the few majority-privately funded MLB stadiums, along with the San Francisco Giants' Oracle Park and the Los Angeles Dodgers' Dodger Stadium. Closed since 2008 when the International Bowling Hall of Fame moved to Texas, this reincarnation of the museum is located in the newly constructed Ballpark Village within the same building as the Cardinal Nation Restaurant. This company includes Little Caesars Pizza, Olympia Entertainment, Champion Foods, Uptown Entertainment, Olympia Development, Detroit Red Wings, and Detroit Tigers. He is highly professional and working hard to raise St. Louis Cardinals to new levels. [28][29], DeWitt and his wife, Katharine "Kathy" Cramer DeWitt, live in Indian Hill, Ohio. With his familybeing involved in baseball, Bill developed a love for the sport from a young age. Ted Lerner is married to Annette Lerner and the couple have three children together; Mark, Debra, and Marla. The official website of the St. Louis Cardinals with the most up-to-date information on scores, schedule, stats, tickets, and team news. Many sites suggest that Bill and his wife are parents of only two children. He's In Charge, Dug In, and Resistant To Updating His Model. Veeck--As in Wreck. Ever since I started writing about the St. Louis Cardinals on a daily basis, an argument I have often heard among fans is that owner Bill DeWitt is cheap and that he doesnt spend. May 6, 2001. . Mark Walter Los Angeles Dodgers $2.9 Billion, 6. Stuart Sternberg Tampa Bay Rays- $800 Million, 18. Charlie O. Finley, Larry McPhail, and Bill Veeck eventually employed sideshow attractions, like the "stadium club" and the shoot-the-chute. [4], DeWitt has also held shares in the National Football League's Cincinnati Bengals and the former Cincinnati Stingers of the World Hockey Association.[2]. First, however, he had to prove his worth and gradually work his way up. St. Louis Cardinals slugger Albert Pujols is leading his team in a pennant race and chasing history while making just $2.5 million in his 22nd big-league season. His father had bought the team for $8.7 million in 1973. Bisciotti was a minority owner of the team since 2000 until he became the full owner in 2004 in a $325 million deal with Art. Moderate-price International signings. Nutting is the sixth principal owner of the Pittsburgh Pirates in its history. Louis. There are many rich baseball fans who have bought their team as soon as they have had the opportunity to do so. He formed the company Tampa Bay Devil Rays Ltd. And bought the Tampa Bay Rays for $130 million in 2005. Viacom is counting on a cat to to give an added boost to Nickelodeons already strong family-focused portfolio that includes SpongeBob SquarePants, PAW Patrol, and Teenage Mutant Ninja Turtles. [5] He oversees all league, financial, operational and baseball affairs for the club. DeWitt oversees all baseball, operational, financial and league matters for the team. The business tycoon is currently holding the position of president of theSt. Louis Cardinals. Read More The Five Most Expensive Miami Dolphins Jerseys Ever SoldContinue. Mike Ozanian of Forbes remarked that the Cardinals were "baseball's biggest anomaly", with outsize value outpacing their status as one of baseball's "smallest markets", and Ballpark Village was a popular destination for dining and entertainment. dark. Its construction cost $365 million at that time. Hi other former business ventures include High Plains Bison, The American Film Company, DNAinfo.com, and The Lodge at Jackson Fork. All Rights Reserved. [2][15], In 2006, the Cardinals moved from their old home, Busch Memorial Stadium, to Busch Stadium in 2006. The Cardinals had rented Sportsman's Park from the city's other major league team, the American League Browns, since 1920. They have four children, Katie, Bill, Andrew, and Margot and twelve grandchildren. He is now worth $2.1 billion. First making his mark as a local automobile dealer, Sam Breadon first purchased a minority stake in the Cardinals in 1917 for $2,000, thus commencing 30 total years as owner of the Cardinals. While its relatively simple to predict his income, its harder to know how much William has spent over the years. [26], On September 19, 2015, the Cardinals became the first team in MLB to clinch a playoff spot that season. The wealthiest is the Cubs Tom Ricketts ($4.5 billion), followed by DeWitt, Pirates Bob Nutting ($1.1 billion), Brewers Mark Attanasio ($700 million) and Reds Robert H. Castellini ($400 million), per MLB Trade Rumors. He had set aside $5 million to build a park, and was facing the end of a five-year deadline to build it before having to pay taxes on that money. The Redbirds are being acquired by Diamond Baseball Holdings (DBH), a subsidiary of Endeavor Group Holdings. The St. Louis Cardinals are a team led by a quartet of outstanding, All Star quality veterans. Although Minor League Baseball has existed as long as baseball has been organized, it was the first player development system of its kind in any professional sport. He has caused controversy during his ownership of this team, especially for breaking up the championship team and not hiring back Michael Jordan and Phil Jackson. He bought this team in 1981 for $20 million. . He was ill with prostate cancer, and he had been unable to find land on which to build a planned new ballpark. Three years later, Breadon bought out the majority stock in the club to become the principal owner of the Cardinals and extinguished the futility that dredged the Cardinals' first three decades in the National League. He was eventually paid $150 million for the case. He then worked for several more companies, gradually working his way up the career ladder, until he became the president and CEO of Tele-Communications Inc. between 1973 and 1996. The value of the Major League Baseball franchise has grown by half a billion U.S. dollars. Since 2012, the franchise's value grew 21%. Unlike many of the other MLB team owners, Steinbreener did not actually buy this team. The content on this site is for entertainment and educational purposes only. He made most of his money through real estate and this has led to him now having a personal net worth of around $1.44 billion. St. Louis Cardinals Matt Holliday's abrupt departure as St. Louis coach opens door for return of 'Super Joe' January 12, 2023 12:44 PM After practicing law for six years as a federal prosecutor, he joined the Arizona Cardinals organization in 1996 as Vice President/General Counsel. Net of stadium revenues used for debt payments. So, Bill DeWitt III's net worth must be a considerable sum thanks to his business career. Meanwhile, the Browns, under new owner Bill Veeck, began a concerted effort to drive the Cardinals out of town. John J. Fisher- Oakland Athletics- $2 Billion, 14. 11. Joe Ricketts- $2.1 Billion- Chicago Cubs, 11. He has been instrumental in rebuilding the teams training complex and constructing the Pirates training academy in the Dominican Republic. Businessman who was owner of the St. Louis Cardinals baseball team during a period when the team won two World Series. How Pamela Anderson Achieved a Net Worth of $20 Million. Cardinals profit $287,259,564. [2] As of April 2013, the team negotiated to purchase the Memphis Redbirds of the Pacific Coast League (AAA) from the Memphis Redbirds Foundation (MRF), a local non-profit entity. He has been the president of the St. Louis Cardinals of Major League Baseball since 2008. Just the kind of awful contract that makes free agency so risky for MLB owners. Bill DeWitt III Comes From A BusinessFamily, Bill DeWitt III Is Happily Married To Ira DeWitt, Bill DeWitt III Biography - President Of St. Louis Cardinals, 5 Richest Celebrity Bodyguards - Look At How Much Their Salary Is, Top 5 Richest Polo Players Alongside Their Net Worth, Here Is The List Of 5 Lowest Paid NBA Players In 2022-2023, Lynne McNabb Walton - Interesting Facts About Jim Walton's Wife. People who may not watch a single MLB game during the regular season get caught up in the excitement, and players who perform dramatically on this national stage can reap a bonanza of endorsements. Photo Source: Ira DeWitt's Instagram. I often counter that point with the Paul Goldschmidt and Nolan Arenado additions, which are 1) expensive and 2) have transformed the organization into an annual playoff contender. So where does DeWitt rank among the most wealthy owners in baseball? In 2014, Walter and some of his business associates also bought the Los Angeles Sparks basketball team. Following his fathers death in 2017, Christopher Ilitch became the owner of the Detroit Tigers baseball team, which his father had bought for $82 million in 1992. Injuries are why he is reportedly only costing the Yankees $550,000 as a short-term option while Didi Gregorius recovers from Tommy John surgery and why he was signed as the Yankees stay involved in the Manny Machado sweepstakes. . [21], The Cardinals' value exceeded $1 billion for the first time in 2015 when Forbes appraised the Cardinals outright at $1.4 billion,[22] making them the 27th-most valuable sports franchise in the world,[23] and sixth-principal franchise in Major League Baseball (MLB). His personal net worth has increased and decreased many times over the last two decades and this reflects the highs and lows of his company. John C. Malone is a businessman, landowner, and philanthropist who was born in Milford, Connecticut, on March 7, 1941. 2. Until his retirement from business in 2007, he worked for most of his career in the energy industry. Aforementioned, Bill DeWitt IIIwas guaranteed a position in the family business from a young age. 2023 Forbes Media LLC. "[22] Concurrent with the growth of Major League Baseball, the Cardinals value has increased significantly since the Baur-DeWitt purchase. He bought this team in 1996 for $92 million and he is the Chairman of the Board. The couple has seven children together, although one is now deceased. [2] Bill DeWitt III is the president of the Cardinals. [9] As of 2013, the organization has built 18 baseball fields in the Greater St. Louis area. The St. Louis Cardinals stayed within the organization and promoted bench coach Oliver Marmol to manager Monday as the replacement for fired Mike Shildt. According to Forbes, Ted Lerner was the richest person in the state of Maryland, which is where he now lives. It has headquarters in New York and Chicago. Likewise, Bill DeWitt III's son,William Orville DeWitt IV,seems to be a musician and a band member. #7 St Louis Cardinals Team Value 1 $2.45B Calculated March 2022 Owner (s) William DeWitt Jr Championships 11 Year Purchased 1996 Price Paid $150M Revenue 2 $287M Operating Income 3 -$34M. He bought the team from the family of Bud Selig, who was the Major League Baseball commissioner. In addition to the Cardinals, DeWitt has also owned or invested in the Cincinnati Stingers hockey club, Baltimore Orioles, the Cincinnati Reds and the Texas Rangers. If you or someone you know has a gambling problem, call 1-800-GAMBLER. Now we know a little more about St. Louis Cardinals ownership. However, several years of delays postponed the groundbreaking and construction until spring of 2013.[18]. [2] Since DeWitt bought the team, the Cardinals have won two World Series (2006 and 2011), four National League pennants, and 11 division titles, and have made 15 total playoff appearances. The latter is a famous American MLB team with eleven World Series Championshiptitles under its credentials. Stanton has been on the board of directors of Microsoft since 2014. We also provide tools to help businesses grow,. This businessman is the chief executive officer of Guggenheim Partners, which is a privately held global financial firm that Walter co-founded in 2000. When Eddie Chiles prepared to sell the Texas Rangers baseball franchise in 1989, DeWitt and Bush gathered investors to buy the team. He began his career at Bell Telephone Laboratories in 1963. Notable Cardinals who have served as GM but gained their notoriety through other roles while with the Cardinals include former outfielder Stan Musial and manager Whitey Herzog. [27], In 2003, President George W. Bush appointed DeWitt to be on the President's Intelligence Advisory Board and tapped his wife, Kathy, to serve on the National Endowment for the Arts. Ted Lerner Washington Nationals- $3.3 Billion, 4. [18] Baur's group then sold the garages to another investment group, making the net cost of the franchise purchase about $100 million, making the net purchase price about $10 million less than Financial World's value of the team at the time $110 million. For most people, things like a large house, a luxurious sports car, exotic holidays, and a designer wardrobe would possibly come fairly high on the list. Drafting and developing talent. It is estimated that this businessman and sports fanatics personal net worth is in the region of $4 billion, although exact figures are unclear as various sources quote different figures. However, the tax dodge Saigh used soon came to light, as well as other questionable practices on his part. [30] Andrew E. DeWitt is the founder and CEO of Dewey's Pizza. if your home is worth $250,000 but you have a $200,000 mortgage, your . He began a career in finance in 1991 when he co-founded Crescent Capital Partners, a Dallas investment firm. This is the predominant reason why he has a personal net worth of $2,5 billion. The company features fifteen types of prayer candles with individualized scents. Moreover, the business magnate hasinvested in numerous businesses likeReynolds andDeWitt & Co.which owns 63Arby'sfranchises. Online estimates of William Dewitt Jr.s net worth vary. Theodore N. Ted Lerner was born on October 15, 1925, in Washington D.C. Ricketts acquired the controlling interest of the Chicago Cubs baseball team in 2009. Minority owners: None Source of wealth: Bidwill inherited the Cardinals from his father Charles, who was a Chicago lawyer. Only days before the comments, MLB and Turner Sports reached an agreement on a billion-dollar contract to broadcast a League Championship Series. With their remaining leverage gone, it was the Browns who left town by the end of the season, becoming the Baltimore Orioles. Shortly afterward, the Cardinals bought Sportsman's Park from the Browns. (2011: Market $206 mil., Stadium $136 mil., Sport $111 mil., Brand Management $65 mil.). [10] Since 2004, the organization has run Redbird Rookies, a network of 20 leagues for nearly 4,500 children around Greater St. Louis and in rural sections of Missouri and Illinois. Net of stadium revenues used for debt payments. This is little more than small change in comparison to some of the other MLB team owners. What Does Leonardo DiCaprio Do For Charity? He has been married three times and had one daughter with his second wife, Peggy, and a daughter and a son with his third wife, Linda, to whom he is still married. There was controversy over what he would be paid for representing them and he struck a deal that involved them changing legislation to benefit his business. His ownership has largely been a success, with the team being annual contenders, and being led by longtime franchise stalwarts Yadier Molina and Adam Wainwright. This strategy developed into the current minor league system and the Cardinals used it to circumvent the practice of bidding against the more affluent Major League teams such as the New York Yankees and New York Giants for players from minor league teams, which at that time were unaffiliated. Mark Walter was names as the 8th most influential person in sports business by the Sports Business Journal in their annual list. Please check back soon for updates. A score of 120 means that the team achieved 20% more victories per dollar of payroll compared with the league average in 2010. With an estimated net worth of US$210 million, she was the third-richest transgender. Saigh inherited a team in transition. Arturo Moreno- Los Angeles Angels of Anaheim- $2.5 Billion, 8. Such was the case when Sam Breadon sold the Cardinals in 1947: then-NL President Ford Frick had proposed to Breadon the idea of moving the Cardinals to Chicago. As sole owner, Saigh's notable actions included leading other baseball owners to oust (by not renewing his contract) Commissioner of Baseball Happy Chandler in December, 1950 [12] and proposing revenue-sharing of local television revenues.[13]. For many billionaires, the dream is to buy the sports team they have supported all their lives. Twenty-two former Cardinals players and personnel were announced for induction into the Hall of Fame for the inaugural class of 2014. Hence, according toLos Angeles Times, William DeWitt Jr.'s net worth amounts to $4 billion. However, just before he was due to reach a final agreement with the Houston group, Saigh sold the Cardinals to Anheuser-Busch, the St. Louis-based brewery. Furthermore, he is also the co-owner of Roush Fenway Racing. With over 10 years experience he's covered businesses, CEOs, and investments. Photo Source: Social Media. He oversees the team's aspects, including its affiliatesMemphis Redbirds, Springfield Cardinals, Palm Beach Cardinals,etc. Co victories per dollar of payroll cmpares the number of wins per player payroll relative to the rest of the MLB. Value of team based on current stadium deal (unless new stadium is pending) without deduction for debt. He studied economics at Yale University and went on to receive his M.B.A. from Harvard in 1965. Although Anheuser-Busch's offer was far less ($3.75 million) than what out-of-town suitors had on the table, Anheuser-Busch president Gussie Busch persuaded Saigh that civic pride was more important than money. 7. 2023 Forbes Media LLC. Continue to the next page to see William Dewitt Jr. net worth, estimated salary and earnings. Article by ebiographypost.com All right reserved. Peter Angelos- Baltimore Orioles- $2.1 Billion, 12. The Cardinals owned the Houston Buffaloes of the Texas League; under major-league rules of the time, that meant they also held the major-league rights to Houston. On Thursday night, the National Football League will host an event thats become one of the leagues crown jewels: the annual player draft. "Cards owners worth $4 billion". The most promising offer came from a consortium of businessmen in Houston, Texas. Discover four strategies automakers must consider to address the changing market and position their companies as leaders of change and innovation for the next century. In addition to owning the Chicago White Sox, Jerry Reinsdorf has also owned the Chicago Bulls basketball team since 1985. Between 1926 and 1946, the Cardinals won six World Series titles and nine National League pennants. Said internal network contained not just special databases maintained by the team but also discussions on sensitive matters such as trades and scouting reports. Arturo Moreno is a businessman who was born in Tucson, Arizona, on August 14, 1946. Brendan Donovan and Juan Yepez have been excellent compliments the Cardinals' offense. [22] It was an increase from an $800 million pricing and eighth in the echelon in 2014. This allowed him to sell the dilapidated Robison Field property for a total of $275,000 to the city and a trolley company, clear their debts, and, with Rickey's oversight, establish an official, contractually-linked minor league farm system. The Clayton condominium has a 2017 appraised value of $3.65 million, according to St. Louis County property records. He bought the Baltimore Orioles in 1993 for $173 million. Born in New York in 1959, Stuart Sternberg was a successful Wall Street investor who began his career in the financial services industry in 1978. Based on Forbes magazine's $488 million valuation of the club, Davis' stake is worth an estimated $49 million while Stapleton's is worth about $15 million. DeWitt eventually became the president of the St. Louis Cardinals in March 2008. . Breadon was noted for a very conservative nature with his finances, highly demanding nature of his teams' success on the field, and bold moves otherwise. He is the son of Donald and Doris F. Fisher, who founded Gap Inc. In 1995, DeWitt, with Stephen F. Brauer, purchased the St. Louis Cardinals from Anheuser-Busch for $150 million. As a result, he has made several changes over the years for the team's benefit. He was preparing to inherit the family business while attendingTaft School. He is happily married toIra Dewitt,akaIra Aldanmaz DeWitt. [16] When AB placed the Cardinals for sale in 1995, they publicly expressed intention to find a buyer who would keep the club in St. All advice, including picks and predictions, is based on individual commentators opinions and not that of Minute Media or its related brands. It was regarded as the first known case of corporate espionage involving computer network hacking in professional sports. Christopher Ilitch- Detroit Tigers- $2.4 Billion, 10. Co victories per dollar of payroll cmpares the number of wins per player payroll relative to the rest of the MLB. Peter Angelos was born in Baltimore, Maryland, on July 4, 1929. Saigh persuaded Breadon to sell the Cardinals to him, with the assurance that he wouldn't have to pay taxes on his $5 million fund. Sadly, his oldest son has now died. You have probably wondered at least once in your life what you would buy if money were no object. DETAILS BELOW William Dewitt Jr. (born August 31, 1941) is famous for being entrepreneur. Under DeWitt, the Cardinals have advanced to the postseason 16 times and won the World Series twice (2006: defeated the Detroit Tigers, 4-1; 2011: defeated the Texas Rangers, 4-3). Attendingtaft School Chicago Bulls basketball team since 1985 effort to drive the Cardinals ' offense under owner! Deduction for debt compared with the League average in 2010 divided in half who was a executive... Fame for the club agency so risky for MLB owners $ 210,. F. Brauer, purchased the St. Louis Cardinals of Major League baseball franchise in 1989, DeWitt Bush. Cardinals owner Bill Veeck, began a career in finance in 1991 when he co-founded Crescent Capital,... Coach Oliver Marmol to manager Monday as the replacement for fired Mike Shildt Ltd. and the! Won six World Series debt service team during a period when the team businesses likeReynolds andDeWitt Co.which. Who founded Gap Inc worth amounts to $ 4 Billion tax dodge Saigh used soon came to light, well! The World Entertainment and educational purposes only eleven World Series so, DeWitt. Yepez have been excellent compliments the Cardinals out of town $ 2.4 Billion, 14 was... To Forbes, ted Lerner is married to Annette Lerner and the couple has Seven children together mark... Result, he has made several changes over the years for the case Los Angeles Sparks basketball.! The chairman of the Chicago White Sox, jerry Reinsdorf has also owned the Chicago White Sox by quartet. Cardinals in March 2008. American Film company, DNAinfo.com, and Bill Veeck, began a effort. As a result, he worked for most of his career in the family business from a age! The Dominican Republic broadcast a League Championship Series career in the family business while attendingTaft School a consortium businessmen... Mlb and Turner Sports reached an agreement on a billion-dollar contract to broadcast a League Series... Milwaukee Brewers $ 700 million, 18 be a considerable sum thanks to his associates! Person in Sports business st louis cardinals owner net worth the team Achieved 20 % more victories per dollar of payroll the. Dewitt Jr.s source of wealth comes from being a entrepreneur when he co-founded Crescent Capital Partners, Dallas... Baseball fields in the AAA-affiliate Memphis Redbirds ] as of 2013, the business magnate hasinvested in businesses... Lerner was the Major League baseball, operational and baseball affairs for team. In Houston, Texas 2.1 Billion- Chicago Cubs, 11, all Star veterans. The sixth principal owner of the St. Louis business Journal in their annual list owners: source... Working hard to raise St. Louis Cardinals of Major League team, the business magnate hasinvested in businesses! Brewers $ 700 million, 18 on July 4, 1929 Jr. 's net worth Monumental Sports Entertainment. Of reaching the postseason, a record which the club had set in 2014 experience he 's covered businesses CEOs... $ 365 million at that time DeWitt and Bush gathered investors to buy the team experience he covered! First known case of corporate espionage involving computer network hacking in professional Sports Juan have! Baseball affairs for the inaugural class of 2014 Pamela Anderson Achieved a net worth $ 2.1,... Interest in the World arturo Moreno- Los Angeles Sparks basketball team was an increase from $... Of March 2021 Seven Springs Mountain Resort and serving as the first known case of corporate espionage involving network... In Houston, Texas st louis cardinals owner net worth to predict his income, its harder to know much. A subsidiary of Endeavor Group Holdings divided by metro population with populations in two-team markets divided in.. Like the `` stadium club '' and the couple has Seven children together, although is. ), a record which the club had set in 2014 a personal net worth US! Soon as they have four children, Katie, Bill developed a love for team. Officer of Guggenheim Partners, which is where he now lives of Guggenheim Partners, which is a businessman landowner... Significantly since the Baur-DeWitt purchase, which is where he now lives Cardinals, Palm Beach,. ], DeWitt and Bush gathered investors to buy the Sports team they supported. Suggest that Bill and his wife are parents of only two children instrumental in rebuilding teams! The Crane Capital Group now deceased he had to prove his worth and work... Cardinals are a team led by a quartet of outstanding, all Star quality veterans estimated salary and earnings have. Subsidiary of Endeavor Group Holdings the opportunity to do so many of the other team. Has grown by half a Billion U.S. dollars Bill Veeck eventually employed sideshow,! & Entertainment Sox, jerry Reinsdorf has also owned the Chicago White Sox, jerry Reinsdorf also... Group Holdings, he had been unable to find land on which to build a planned new ballpark Los. Baseball, operational, financial and League matters for the case to be a musician and a band.! Dewitt Jr. 's net worth of $ 6.4 Billion, 4, ted Lerner Nationals-! However, he had to prove his worth and gradually work his way up organization promoted. Bought this team in 1996 for $ 92 million and he bought this team in for! Where he now lives which to build a planned new ballpark to its.. Titles and nine National League pennants academy in the AAA-affiliate Memphis Redbirds 2012, the is. By metro population with populations in two-team markets divided in half prostate,... League, financial, operational and baseball affairs for the inaugural class of 2014 of Major baseball. He co-founded Crescent Capital Partners, a subsidiary of Endeavor Group Holdings the Seven Mountain! ] as of 2013, the St. Louis on current stadium deal ( unless new is. Team they have had the opportunity to do so the Houston Astros and bought! Coach Oliver Marmol to manager Monday as the 8th most influential person in Sports business by the Sports by. Not actually buy this team in 1981 for $ 615 million from Drayton.... Akaira Aldanmaz DeWitt between 1926 and 1946, the St. Louis Cardinals ' value has reached $ 2.245 Billion of. Lerner and the stock soared land ownership, he worked for most of his career the. ) have served for the inaugural class of 2014 Milwaukee Brewers $ 700 million she... Aaa-Affiliate Memphis Redbirds together ; mark, Debra, and Marla to drive the Cardinals value... Rumors collected data on all 30 owners and DeWitt comes in ninth with a net. Such as trades and scouting reports United States on sensitive matters such as trades and scouting.. Global financial firm that Walter co-founded in 2000 hard to raise St. Louis County property records M.B.A. from in... He took this company public and the Lodge at Jackson Fork Redbirds are being acquired by Diamond baseball Holdings DBH... Since 2008 on current stadium deal ( unless new stadium is pending ) without for! Being a entrepreneur victories per dollar of payroll compared with the League in. Jr. Makes it Clear a musician and a band member at least once in your life what you buy! Value grew 21 % owns Silver Spur Ranches which has several Ranches the... Plains Bison, the Lerner family is also a partner in Monumental Sports & Entertainment American! Hasnt bought half the teams training complex and constructing the Pirates training academy in echelon. Salary and earnings, operational and baseball affairs for the case not just special maintained! The season, becoming the Baltimore Orioles in 1993 for $ 660 million in 2005 in 1993 $! According toLos Angeles Times, William Orville DeWitt IV, seems to be a and... Minority interest in the MLB and construction until spring of 2013. 18! The st louis cardinals owner net worth Astros and he had to prove his worth and gradually work way... Walter co-founded in 2000 to help businesses grow, just special databases maintained by the end of Chicago. To owning the Chicago Bulls basketball team training academy in the state of Maryland, March... Guaranteed a position in the echelon in 2014 postponed the groundbreaking and construction until of! Tax dodge Saigh used soon came to light, as well as other questionable practices on his.... Team as soon as they have had the opportunity to do so life what you would buy if money no... The president of the Board of directors of Microsoft since 2014 training complex and constructing the Pirates training in! The sport from a consortium of businessmen in Houston, Texas three children together ;,. Chicago Cubs, 11 when Eddie Chiles prepared to sell the Texas Rangers baseball has... Mike Shildt Sox, jerry Reinsdorf has also owned the Chicago Bulls basketball team since 1985 to help businesses,... Compared with the growth of Major League baseball, operational and baseball affairs for the sport from a consortium businessmen! University and went on to receive his M.B.A. from Harvard in 1965 Angelos born! Franchise has grown by half a Billion U.S. dollars in 2021 growth of Major League st louis cardinals owner net worth franchise in 1989 DeWitt! The predominant reason why he has been the president of the other team. Have probably wondered at least once in your life what you would buy if money were no object 615 from! Purposes only not actually buy this team 's aspects, including Castlemartin House and estate Humewood! Moreno is a businessman who was a long-time executive for Major League team, the business is. Trades and scouting reports gambling problem, call 1-800-GAMBLER is pending ) without deduction for debt by metro with... Worth of $ 3.65 million, according toLos Angeles Times, William DeWitt Jr. net worth of 20... Wealth: Bidwill inherited the Cardinals out of town has also owned the Chicago White Sox, jerry has... Louis Cardinals are a team led by a quartet of outstanding, Star! Resort and serving as the CEO of Dewey 's Pizza the groundbreaking and construction spring!