Jerry Reinsdorf
$2.13B
as of 10/04/24
About Jerry Reinsdorf
Jerry Reinsdorf made a fortune in sports, buying Chicago teams in the 1980s and watching values skyrocket over the next three decades.
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.
Personal stats
Citizenship
United States of AmericaSource of wealth
Sports teamsResidence
Chicago, IllinoisMarital status
MarriedBirth date
02/25/36 (age 88)Number of children
4Education
Bachelor of Arts/Science, George Washington University; Law Degree, Northwestern UniversitySelf-made
self-madeJerry Reinsdorf’s fortune is worth
35K
troy ounces of gold
33K
median U.S. household
21K
median U.S. income
0.043%
U.S. credit card volume
0.009%
GDP of the United States
0.006%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Reinsdorf reportedly got his start as a tax attorney for the IRS.
Net worth over time
Real-time ranking
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