Jeanie Buss has become a household name in the world of sports management, leading one of the most celebrated NBA teams, the Los Angeles Lakers. Known for her groundbreaking efforts in a male-dominated industry, she is more than just the daughter of the iconic Lakers owner Dr. Jerry Buss. Today, Jeanie Buss net worth is estimated at $700 million, a testament to her business acumen, resilience, and influence.
This article will take a deep dive into her life story, career achievements, and the financial empire that she has built over the years.
Early Life and Family Background
Jeanie Marie Buss was born on September 26, 1961, in Santa Monica, California. She is the third of four children born to Dr. Jerry Buss, a real estate mogul and sports executive, and Joann Mueller. Her early years were marked by her father’s growing success in real estate, which allowed the family to live a financially comfortable life.
Despite the perks, Jeanie Buss experienced emotional challenges when her parents divorced in 1972. She decided to live with her father at the iconic Pickfair estate at the age of 17, an experience that would later shape her management style and open her eyes to the fast-paced world of sports and business.
Her early exposure to sports began when she attended World Team Tennis meetings with her father. By the age of 19, Jerry Buss had entrusted her with managerial responsibilities for the Los Angeles Strings, a professional tennis team—a foreshadowing of her future as a sports executive powerhouse.
Educational Background
Jeanie Buss attended the University of Southern California (USC), where she majored in business. She graduated with honors, showcasing a natural aptitude for management. Her time at USC, paired with the practical lessons from her father, provided her with a solid foundation for a successful career.
Career Milestones
Early Ventures into Sports Management
Jeanie Buss launched her career as the general manager of the Los Angeles Strings. She quickly demonstrated her business acumen, managing team operations with precision and earning her father’s confidence.
Her next undertaking involved the Los Angeles Blades, a professional roller hockey team, where she gained more experience in sports management. Eventually, she was appointed president of the Great Western Forum in the 1990s, solidifying her credentials as a rising executive in the sports world.
Lakers Leadership
Dr. Jerry Buss had a long-term vision for his children’s involvement in the Los Angeles Lakers, and Jeanie Buss was primed to oversee the team’s business operations. Following his death in 2013, Jeanie inherited a majority stake in the team alongside her siblings but emerged as the controlling owner.
Her ascent was not without challenges. A family legal battle in 2017 saw her asserting control over crucial decisions, eventually leading to her full authority as the Lakers’ president. Under her leadership, the Lakers secured their 17th NBA championship in 2020.
Jeanie Buss also made strides as an executive producer, earning a Sports Emmy Award in 2023 for her work on the documentary Legacy: The True Story of the LA Lakers.
Her contributions to the Lakers extend beyond the court, as she represents the team in NBA Board of Governors meetings and drives strategic decisions—including hiring Magic Johnson as President of Basketball Operations and Rob Pelinka as General Manager.
Women of Wrestling
Beyond basketball, Jeanie Buss co-owns Women of Wrestling (WOW), a promotion dedicated to empowering female athletes in professional wrestling. WOW marks another area where Buss has broken barriers, emphasizing her commitment to innovation in sports.
Jeanie Buss Net Worth Overview
Jeanie Buss net worth currently stands at $700 million, derived from her executive role with the Lakers, her ownership stake, and a variety of strategic ventures.
Financial Breakdown
| Category | Details |
|---|---|
| Net Worth (2024) | $700 Million |
| Primary Source of Income | Los Angeles Lakers Ownership |
| Notable Ventures | Women of Wrestling, Real Estate |
| Real Estate Holdings | Properties in Playa Vista and Playa Del Rey |
| Height & Weight | 5 ft 7 in, Approx. 132 lbs |
Thanks to the Lakers’ valuation nearing $6.5 billion, her personal 11% stake alone is worth over $700 million. The team’s rich history and star-studded roster continue to maintain its financial success and global appeal.
Personal Life
Jeanie Buss has been married twice. She first tied the knot with volleyball player Steve Timmons in 1990; however, the marriage ended in divorce three years later. Buss later became romantically involved with former Lakers head coach Phil Jackson, remaining in a relationship with him from 1999 to 2016.
She is now married to comedian Jay Mohr, with the couple exchanging vows in a private Malibu ceremony in 2023. Jeanie Buss balances her professional responsibilities with charitable commitments, particularly in Los Angeles, where she supports causes close to her heart.
Awards and Achievements
Under Buss’ leadership, the Lakers have claimed multiple championships, with her tenure highlighted by the 2020 victory during the NBA bubble. Her awards include the 2023 Sports Emmy as an executive producer and recognition as one of the most influential women in sports.
Challenges and Controversies
Jeanie Buss has navigated familial and professional challenges throughout her career. The power struggle with her brother Jim Buss involved a legal battle that could have jeopardized her position at the helm of the Lakers. Her determination to protect her father’s legacy ultimately consolidated her control over the organization.
On a more personal note, Buss has weathered public scrutiny for her relationships and decisions. Despite these challenges, she remains a symbol of resilience and progress in sports management.
Legacy and Future Prospects
Jeanie Buss has undoubtedly transformed the landscape for women in sports leadership roles. Her remarkable ability to lead a global sports brand like the Lakers while innovating in other fields ensures her lasting legacy. Fans and analysts alike eagerly anticipate her next moves, both on and off the basketball court.
Concluding Thoughts
Jeanie Buss epitomizes resilience, determination, and ingenuity. Her story of taking over a legendary NBA franchise and building Jeanie Buss net worth to $700 million is a testament to her skill and fortitude. Whether guiding the Lakers to championship glory or breaking barriers with Women of Wrestling, Buss’ influence is far-reaching and extraordinary.
