What is George Gillett Jr’s Net Worth?
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $700 million | N/A | N/A | N/A | N/A | N/A | Businessman | American |
Highlights
– George Gillett Jr has a net worth of $700 million.
Early Life
– George Gillett Jr started his career as a regional sales manager and marketing/management consultant in the early sixties.
Career
– In 1966, Gillett became the manager and partner of the Miami Dolphins. He eventually bought a 20 percent interest in the Dolphins NFL franchise for $1 million.
– Two years later, Gillett sold his share for $3 million to buy the Harlem Globetrotters and later started a national radio group called Globetrotters Communications.
– By the late seventies, Gillett started his own radio and television organization, Gillett Communications, later owning many affiliates including CBS.
– Throughout the 1980s, Gillett acquired several organizations including Nashville’s WSM television station, Storer Broadcasting, Vail and Beaver Creek Ski Resorts.
– By the mid 1990s, he formed Booth Creek Ski Holdings and built several ski resorts in New Hampshire, California, and Washington.
– At the beginning of the century, Gillett expanded to sports, purchasing an 80 percent interest in NHL Montreal Canadians and its home arena, Molson Centre, for $185 million. He also purchased several NASCAR teams.
– In 2007, Gillett and business partner Tom Hicks became owners of Liverpool F.C.
– However, by 2010, Gillett lost ownership of Liverpool F.C.
Personal Life
– Information about George Gillett Jr’s personal life is not available.
Net Worth Over Time
– George Gillett Jr’s net worth has evolved over the years as he ventured into various business ventures.
Components of Net Worth
– George Gillett Jr’s net worth is primarily derived from his investments and acquisitions in businesses such as sports teams, broadcasting organizations, ski resorts, and radio and television companies.
– He has also made significant profits from buying and selling shares in sports franchises, as seen with his involvement with the Miami Dolphins and Harlem Globetrotters.
All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.
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