Curious about Jerry Jones net worth and how he amassed his fortune? Dive into the fascinating financial journey of the Dallas Cowboys owner.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Jerral Wayne Jones |
| Popular Name | Jerry Jones |
| Gender | Male |
| Birth Date | October 13, 1942 |
| Age | 81 |
| Parents | Pat Jones, Armenita Jones |
| Siblings | Jacquelyn Jones |
| Birthplace | Los Angeles, California |
| Nationality | American |
| Ethnicity | Caucasian |
| Education | University of Arkansas |
| Marital Status | Married |
| Sexual Orientation | Straight |
| Wife/Spouse | Gene Jones |
| Children | 3 |
| Dating | N/A |
| Net Worth | $14.3 billion |
| Source of Wealth | Dallas Cowboys, Oil and Gas |
| Height | 6 ft 0 in |
What is the Net Worth of Jerry Jones in 2024?
As of 2024, Jerry Jones’ net worth is a staggering $14.3 billion. This places him among the wealthiest individuals in the sports industry. For comparison, David Tepper, owner of the Carolina Panthers, has a net worth of $18.5 billion. Rob Walton, who bought the Denver Broncos, stands at $57 billion, and Shahid Khan, owner of the Jacksonville Jaguars, is worth $12.1 billion.
Jones’ primary source of wealth is the Dallas Cowboys, which he purchased for $140 million in 1989. Today, the team is valued at $9 billion. His investments in the oil and gas industry, particularly with Comstock Resources, have also significantly boosted his net worth.
Read more about Jerry Jones on Forbes.
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What is the Income of Jerry Jones in 2024?
In 2024, Jerry Jones’ income primarily comes from his ownership of the Dallas Cowboys. While he doesn’t draw a traditional salary, his annual income is likely in the hundreds of millions, thanks to the team’s financial success and his other business ventures. This includes substantial earnings from investments in oil and gas and real estate.
Learn more about the richest people in the sports industry here.
Jerry Jones Finance Overview
Early Career and Business Ventures
Jerry Jones’ journey to becoming a billionaire began with humble beginnings. Born in Los Angeles but raised in North Little Rock, Arkansas, Jones played football at the University of Arkansas, where he was an offensive lineman and co-captain of the team. His early attempts at business included a failed venture with Shakey’s Pizza and working at his father’s insurance agency, Modern Security Life of Springfield.
Key Investments Shaping His Wealth
Jones founded Jones Oil and Land Lease, focusing on oil and gas exploration. This venture proved highly successful, contributing significantly to his wealth. His strategic investments in the energy sector, including a substantial stake in Comstock Resources, have been pivotal. In 2018, he swapped oil and gas assets for an 88.57 million share stake in Comstock, worth $620 million. By 2024, this investment had grown to around $3.5 billion.
The Dallas Cowboys: Crown Jewel
Jones’ most notable investment was purchasing the Dallas Cowboys in 1989. This move transformed the franchise into one of the most valuable sports teams globally. His leadership and strategic decisions, including hiring and firing key personnel like Tom Landry and Jimmy Johnson, led the Cowboys to multiple Super Bowl victories. The team’s current valuation stands at $9 billion, making it a cornerstone of Jones’ wealth.
Leadership and Management Style
Jones’ hands-on approach to managing the Cowboys has been instrumental in the team’s success. His keen business acumen and bold decisions have set a benchmark in sports management. His influence extends beyond the Cowboys, impacting the entire NFL and sports industry.
Personal Investments
Apart from his business ventures, Jones is an avid art collector, owning pieces by Norman Rockwell, Picasso, and other renowned artists. These personal investments add a unique dimension to his financial portfolio, highlighting his diverse interests and astute investment choices.
Future Prospects
Looking ahead, Jones continues to explore new investment opportunities, particularly in the real estate and energy sectors. His legacy as a business mogul and sports executive is firmly established, with future generations likely to build on his successes.
FAQs about Jerry Jones
What is his real name?
His real name is Jerral Wayne Jones.
When was he born?
He was born on October 13, 1942.
How did Jerry Jones make his first million?
He made his first million through investments in the oil and gas industry in the 1970s.
Who owns the Dallas Cowboys?
He owns the Dallas Cowboys, having purchased the team in 1989.
What are his key investments?
His key investments include the Dallas Cowboys, Comstock Resources, and various real estate ventures.
How tall is he?
He is 6 ft 0 in tall.
Is Jerry Jones married?
Yes, he is married to Gene Jones.
How many children does Jerry Jones have?
He has three children.
Where does he live?
He resides in Dallas, Texas.
What university did he attend?
He attended the University of Arkansas.
Conclusion
Jerry Jones’ financial journey is a testament to strategic investments and bold decisions. For more in-depth analysis and latest updates, visit worldofceos.com. Leave your comments, share this article, and explore more content on our website.
