Jerry Jones Net Worth: A Closer Look at the Dallas Cowboys Owner!
Jerry Jones, the owner of the Dallas Cowboys, is a billionaire businessman who has made his fortune through various ventures. He is one of the wealthiest sports team owners in the world, and his net worth continues to grow every year.
In this article, we will take a closer look at Jerry Jones’ net worth, how he made his money and some of his notable achievements.
Jerry Jones Early Life and Education
Jerry Jones was born on October 13, 1942, in Los Angeles, California. He grew up in a family of entrepreneurs and was exposed to the business world at a young age. His father was an oil drilling contractor, and Jones worked on drilling rigs during his summers in college.
Jones attended the University of Arkansas, where he played football for the Razorbacks. After college, he was drafted by the Dallas Cowboys in 1965, but he was forced to retire due to an injury. Jones then went on to earn a Master of Business Administration from the University of Arkansas.
Jerry Jones Business Ventures
After earning his MBA, Jerry Jones went into the oil and gas exploration business with his father. In 1971, he founded his own energy exploration company, Jones Oil and Land Lease. The company was successful, and Jones used the profits to invest in other businesses.
In 1989, Jerry Jones bought the Dallas Cowboys for $140 million. At the time, it was the highest price ever paid for a sports team.
Since then, the value of the team has skyrocketed. In 2021, Forbes valued the Dallas Cowboys at $6.5 billion, making it the most valuable sports team in the world.
In addition to the Dallas Cowboys, Jerry Jones has invested in a variety of other businesses. He has owned several radio stations, a chain of Papa John’s pizza franchises, and a luxury hotel.
He has also invested in real estate, including the development of a $1.5 billion entertainment district in Frisco, Texas.
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Jerry Jones Net Worth
Jerry Jones’ net worth is estimated to be $9 billion as of 2023. His wealth comes from a variety of sources, including his ownership of the Dallas Cowboys, his investments in other businesses, and his real estate holdings.
Jones’ net worth has fluctuated over the years, but it has generally trended upward. In 2020, his net worth took a hit due to the COVID-19 pandemic and the resulting economic downturn. However, the value of the Dallas Cowboys has rebounded, and Jones’s net worth has recovered as well.
Jerry Jones Philanthropy and Notable Achievements
Jerry Jones (Twitter Account) is known for his philanthropy and his commitment to the Dallas community.
He has donated millions of dollars to various charitable causes, including the United Way, the Salvation Army, and the American Red Cross. He has also funded several initiatives aimed at improving education in the Dallas area.
In addition to his philanthropic efforts, Jerry Jones has also achieved several notable accomplishments throughout his career.
He was inducted into the Pro Football Hall of Fame in 2017, recognizing his contributions to the sport as both a player and an owner.
He was also awarded the Horatio Alger Award in 2014, which honours individuals who have overcome adversity to achieve success.
Jerry Jones’ net worth is a testament to his success as a businessman and entrepreneur. From his early days in the oil and gas industry to his ownership of the Dallas Cowboys and other businesses, Jones has built a fortune through hard work and smart investments.
He is a philanthropist and community leader who has made significant contributions to the Dallas area and beyond. With his continued success, it’s clear that Jerry Jones will remain a prominent figure in the business and sports worlds for years to come.