Jeanie Marie Buss is an American sports executive who was born on September 26, 1961. She is the controlling owner and president of the NBA’s Los Angeles Lakers (NBA). [2][3] Jerry Buss, who owned the Lakers and other sports businesses, was her father. At age 19, she joined the family business as general manager of the professional Los Angeles Strings tennis team. She later bought the pro roller hockey team Los Angeles Blades.
Jeanie Buss joined her family business at the age of 19 and began working as the general manager of the professional Tennis team. Shortly after, Buss purchased several roller hockey teams, including the Los Angeles Blades. Her father died in 2013, and she subsequently became the Lakers’ vice president.
Buss was one of Jerry’s six children who rose through the ranks to become the organization’s president. In addition, Buss was elected president of the Great Western Forum. In 2020, she will become the NBA team’s first female controlling owner.
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Jeanie Buss Net Worth
Jeanie Buss’s net worth is expected to be around $500 million in 2023. Jeanie Buss has amassed a sizable net worth as the Lakers’ controlling owner. She was raised in a well-established family and has achieved great success in her career.
Her family’s property and her sports executive job provide most of her income. She began working as an active member of the NBA club in 2013 and has since established herself as one of the country’s leading businesspeople.
Jeanie Buss earns approximately $60 million per year from various sources. She has more than 300,000 Instagram followers and thousands of fans on other social media platforms, making her no less than a celebrity.
Jeanie Buss Early Life
Jeanie Marie Buss was born on the 26th of September 1961, in Santa Monica, California to parents Joann and Jerry Buss. She grew up alongside three siblings and was raised by a younger sister Hanie and two older brothers Johnny and Jim.
Jamie felt emotionally abandoned when her parents divorced in 1972. Buss attended World Team Tennis when she was 14 years old, meeting her father, who owned the Los Angeles String. She developed an interest at 17, moved in with her father at Pickfair, and began giving tours.
Jeanie began her business career at 19 when she joined her father’s company as general manager of the Los Angeles Strings professional tennis team. She went to Palisades Charter High School for her education. Buss then attended the University of Southern California, where he graduated with honors and majored in business (USC).
Jeanie Buss Career
Jeanie was a student at USC when she was hired as a general manager by the company owned by Jerry the second incarnation of the Strings.
The World TeamTennis folded in 1987 and was resurrected as TeamTennis later that year. After the String folded in 1993, Jeanie brought professional roller hockey to Los Angeles as the CEO of the Los Angeles Blades in Roller Hockey International.
Following that, she was named “Executive of the Year” by the league. She served as president of the “Great Western Forum” and then the Lakers’ home arena for four years. She was appointed as the NBA Board of Governors’ Alternate Governor in 1995.
Later in the year 1999, Buss was selected as an executive vice president of business operations for the Lakers. In addition, Jeanie Buss became one of the top 20 Most Influential Women in Sports according to the report of Sporting news in the year 2005.
That same year she was designated vice president of player personnel. Her father Jerry decided that Jim would be in control of the basketball while Buss would be in authority over business decisions.
Moreover, in 2011 the popular magazine Forbes revealed that Jeanie Buss is one of few powerful women in sports management, and ESPN stated she is “one of the most powerful women in the NBA”.Following her father’s death, Jerry, in 2013, his six children were granted voting rights to his 66% controlling ownership of the Leakers through a trust.
In early 2017, Buss fired Mitch Jupchal as General Manager, accepted her brother Jim’s resignation as Vice President of Basketball Operations, and hired Magic Johnson as President of Basketball Operations. Jeanie, in addition to managing the Lakers, became the owner of WOW, or Women Of Wrestling.
In October 2021, on the roof of the Circa Resort & Casino in Las Vegas, ViacomCBS Global Distribution President Dan Cohen and her long-time business associate David McLane announced that Viacom CBS had entered into a multi-year distribution agreement for WOW advertising, with WOW also being the most extensive media allocation platform in Women’s wrestling history.
