Jimmy Haslam Net Worth

JIMMY HASLAM NET WORTH

Category Information
Net Worth $4 billion
Salary N/A
Birthdate March 9, 1954
Birthplace Knoxville, Tennessee
Gender Male
Height N/A
Profession Businessman, Sports Team Owner, Philanthropist
Nationality American

What is Jimmy Haslam’s Net Worth?

Jimmy Haslam is an American businessman, sports team owner, and philanthropist with a net worth of $4 billion. He is the CEO of Pilot Flying J truck stop chain, and the owner of the NFL’s Cleveland Browns and MLS’s Columbus Crew.

Highlights

– Jimmy Haslam has a net worth of $4 billion.

– He is the CEO of the Pilot Flying J truck stop chain.

– Haslam is the owner of the NFL’s Cleveland Browns and MLS’s Columbus Crew.

– He purchased the Cleveland Browns in 2012 for $1.05 billion, and the team is now worth at least $3 billion.

– Haslam bought the Columbus Crew in 2019.

Early Life

Jimmie Haslam III, born on March 9, 1954, in Knoxville, Tennessee, is the son of Jim and Cynthia Haslam. His father established the Pilot Oil Corporation in 1958, which later merged with bankrupt Flying J in 2020 to become Pilot Flying J. Haslam has a younger brother, Bill Haslam, who served as the governor of Tennessee from 2011 to 2019. He attended the University of Tennessee, where he was a roommate of Bob Corker, who later became a United States Senator.

Career

Jimmy began his career at Pilot Corporation in 1976 as the vice president of sales, development, and operations. Pilot Corporation, with headquarters in Knoxville, became one of the largest companies in the United States. By the time Haslam was named president and CEO in 1996, the company had grown to operate 96 travel centers and 50 convenience stores. Subsequently, Pilot Corporation joined Marathon Ashland Petroleum LLC in 2001 to create Pilot Travel Centers LLC. In 2008, CVC Capital Partners acquired a 49.8% interest in Pilot Travel Centers LLC, while Haslam retained 50% ownership of the company.

Jimmy Haslam Net Worth

(Photo by Jason Miller/Getty Images)

Cleveland Browns Ownership

In 2008, Jimmy Haslam acquired a minority interest in the Pittsburgh Steelers. However, in August 2012, he and his wife, Dee, purchased the Cleveland Browns from Randy Lerner for $1.05 billion. As per NFL rules prohibiting ownership stakes in multiple teams, Haslam sold his share in the Steelers. Presently, the Cleveland Browns franchise is valued at least $3 billion.

Additionally, on January 1, 2019, the Haslam Sports Group acquired the Major League Soccer club Columbus Crew from Anthony Precourt, who intended to relocate the team to Texas.

Philanthropy and Awards

Jimmy Haslam actively engages in philanthropic efforts, serving on the boards of United Way of Greater Knoxville and Anderson Media Corporation. He was an honorary chair of the Boys & Girls Clubs of the Cleveland campaign committee. In 2007, he was inducted into the Junior Achievement of East Tennessee Business Hall of Fame, and in 2010, he received the Ernst & Young Entrepreneur of the Year award for the Southeast region. The University of Tennessee recognized him with the Distinguished Alumnus Award in 2013. Moreover, he co-founded the Haslam Scholars Program for honor students at the University.

Real Estate

In 2012, Jimmy and Dee Haslam purchased a mansion in Bratenahl, located on the southern shore of Lake Erie in Cleveland, for $4.2 million. The property spans 14,660 square feet and sits on 3.2 acres. Furthermore, in 2015, the couple listed their Knoxville, Tennessee, mansion for sale at $4.9 million.

Personal Life

Jimmy Haslam currently resides in Cleveland, Ohio, with his wife, Susan “Dee” Bagwell Haslam, who is the CEO of RIVR Media. The couple has three adult children, James Bagwell Haslam (adopted in 2016), Whitney Haslam Johnson, and Cynthia Haslam Arnholt. They are also proud grandparents to five grandchildren.

Net Worth Over Time

Jimmy Haslam’s net worth has grown significantly throughout his career. Starting as a vice president at Pilot Corporation in 1976, he later became the CEO of the company in 1996. Haslam’s ownership of the Cleveland Browns, along with his successful business ventures, has contributed to his impressive net worth of $4 billion today.

Components of Net Worth

Jimmy Haslam’s net worth primarily comes from his ownership of the Pilot Flying J truck stop chain, which is one of the largest companies in the United States. Additionally, his ownership of the Cleveland Browns and Columbus Crew adds to his overall net worth. Haslam’s successful business career and investments have significantly contributed to his wealth.

Disclaimer: All net worths are calculated using data drawn from public sources. While we work diligently to ensure accuracy, these figures are only estimates unless otherwise indicated. We welcome any corrections or feedback.

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