Buss's 66% controlling ownership of the Lakers passed to his six children via a trust ... family-fable; ^ Noll ... "Buss family won't sell Lakers". ESPN.com ...
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What is Buss Family Trust?
Buss Family Trust Takes Over the Team
Upon his death, Jerry Buss' net worth was an estimated $700 million. He passed his 66% controlling interest in the LA Lakers to six children (Jeanie, Jim, Johnny, Janie, Joey, and Jesse) via the Buss Family Trust. Each of the Buss children own an 11% stake in the team.
Dec 19, 2023
Is Jeanie Buss a billionaire?
Overview of Jeanie Buss's Net Worth
As of 2024, her net worth is estimated to be $500 million, reflecting her successful career in the sports industry and her ownership stake in the Los Angeles Lakers.
How did the Buss family get their money?
Revered as a visionary and mastermind, Dr. Jerry Buss spun earnings from his real estate business into a record-breaking US$67.5 million deal in 1979, making him the owner of the NBA's Los Angeles Lakers, NHL's Los Angeles Kings and The Forum Arena.
Does Jeanie Buss own 100% of the Lakers?
Buss, 61, is best known as the president and the controlling owner of the Lakers, which amounts to a significant portion of her career earnings. After Buss' father Jerry Buss died in 2013, his six children inherited his controlling portion of 66% of the Lakers, with each of his children getting around 11% of the team.
Apr 23, 2024
After her father died in 2013, his controlling ownership of the Lakers passed to his six children via a family trust, with each sibling receiving an equal vote.
Dec 19, 2023 · Each of the Buss children own an 11% stake in the team. Family Feuds. While the Buss Family Trust may provide an equal 11% to six of Jerry Buss' ...
Dec 21, 2022 · The Buss kids property interest in the trust is to reap the profits from running the Lakers. That means the only thing they can do is assign who ...
Jeanie Buss is an American sports executive who has a net worth of $700 million. Jeanie Buss is the daughter of late Los Angeles Lakers owner Jerry Buss.
Mar 3, 2017 · Joey Buss, 32, is in his sixth season as the D-Fenders president and chief executive. Jesse Buss, 29, is in his second season as the Lakers' ...
Mar 8, 2017 · Lakers controlling owner Jeanie Buss' sister Janie says her brothers Jim and Johnny are trying to bust the family trust to sell interest in ...
In conclusion, the Buss Family Trust's net worth in 2024 is a reflection of the Los Angeles Lakers' success, astute real estate investments, and diversified ...
Jun 28, 2016 · But it was the same wish Jerry had carried for the past decade in his trust: His six children would inherit majority ownership in the Los ...
Apr 23, 2024 · Buss' net worth is estimated to be at $500 million as a result of her controlling ownership of the Lakers and co-ownership of the U.S. women's ...