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Jerry Jones Net Worth: Early Life, College Years, Personal Life, Real Estate!

Jerral Wayne Jones was born on October 13, 1942, and has been the owner, president, and general manager of the Dallas Cowboys of the National Football League (NFL) since February 1989. Jones is the son of Jerral Wayne Jones, a businessman who was born in New York City.

Early Years of One’s Life

Jones was born in the Californian city of Los Angeles. In 1945, his family returned to North Little Rock, Arkansas, where he grew up. His parents were the owners of Pat’s Super Market, which had two locations in the Rose City section of North Little Rock. Jones attended North Little Rock High School, where he played running back and graduated in 1960.

Jerry Jones Net Worth

When Jones graduated from high school, his parents relocated to Springfield, Missouri, where Pat worked as the president and chairman of Modern Security Life Insurance Co. The assets of the company, which was advertised in an advertisement as a “one in a million” corporation, increased from $440,299.76 in its first financial statement in 1961 to $6,230,607 in its last financial statement in 1965.

Immediately upon his graduation from the University of Arkansas, Jerral W. Jones was promoted to the position of executive vice president. [4] Having achieved financial stability via the corporation’s operations, the Joneses purchased the 5,500-acre Buena Vista Ranch east of Springfield in the Ozark Mountains and developed it into a working cattle ranch. After selling the insurance company, the couple set aside 400 acres of their ranch to establish Buena Vista Animal Paradise, a place where tourists could see exotic animals (today known as Wild Animal Safari, located just south of Interstate 70 in Strafford, Missouri).

Playing College Football During My College Years

In his college years, Jones was a member of the Kappa Sigma fraternity at the University of Arkansas in Fayetteville.

 He served as co-captain of the Arkansas Razorbacks’ national championship football team in 1964. He played offensive line for College Football Hall of Fame coach Frank Broyles and was a teammate of Jimmy Johnson, who went on to become the Cowboys’ first head coach after purchasing the franchise from Jerry Jones. He was also a teammate of College Football Hall of Fame coach Frank Broyles.

Other notable teammates included Glen Ray Hines, a consensus All-American offensive tackle; Ken Hatfield, who went on to coach several major programmes, including Arkansas; Jim Lindsey; future Outland Trophy winner Loyd Phillips; and Ronnie Caveness, a linebacker who went on to become a member of the College Football Hall of Fame.

 Several future head coaches served as assistant coaches for Broyles on the Razorbacks’ staff during Jones’ college career in Fayetteville, including three more members of the College Football Hall of Fame: Hayden Fry (Southern Methodist University, North Texas State University, and the University of Iowa); Johnny Majors (Iowa State University, University of Pittsburgh, and the University of Tennessee); and Barry Switzer (Southern Methodist University, North Texas State University, and the University of Iowa) (the University of Oklahoma, and later head coach of the Cowboys under Jones). [8]

Entrepreneurial Endeavours

As Jones explained in a television interview with HBO, he borrowed a million dollars from Jimmy Hoffa’s Teamsters union in 1965 to build a chain of Shakey’s Pizza Parlor restaurants in Missouri after graduating from college.

[a citation is required] As a result of the failure of that enterprise, Jones was offered a position at Modern Security Life, an insurance company owned by his father in Springfield, Missouri. In 1970, he graduated with a master’s degree in business administration.

Jerry Jones Net Worth

After numerous earlier failed business attempts (including an abortive effort to purchase the American Football League’s San Diego Chargers in 1967 using Teamsters funds), he established Jones Oil and Land Lease, an oil and gas exploration company in Arkansas that was eventually profitable.

 A natural resource prospecting business is currently being operated by his privately held corporation.

Cowboys Are in Charge of Their Own Business

The Dallas Cowboys were purchased by Jerry Jones on February 29, 1989, for a sum of $140 million. After adjusting for inflation, that equates to almost $300 million in today’s dollars. Soon after making the acquisition, he sacked Tom Landry, the sole coach in the team’s history, and replaced him with Jimmy Johnson, a former Arkansas colleague. In addition, he fired general manager Tex Schramm and assumed sole control of all football-related decisions himself. After going 1-15 in their first season under Jones’ ownership, the Cowboys have since improved.

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Jones and Johnson were able to turn the squad around in a short period, and the team finished 7-9 the next season. In 1991, the Cowboys finished 11-5 and qualified for the playoffs, however, they were eliminated in the second round. Super Bowl XXVII was won by the Dallas Cowboys over the Buffalo Bills during the 1992-93 season. The next year, they defeated the Bills for the second time to win Super Bowl XXVIII in New Orleans.

Observations on My own Life

When he was in college, he met Gene, who had previously been a beauty pageant contestant. It is to their three children that Stephen, Jerry Jr. and Charlotte are born. In addition, they have nine grandkids. Stephen, their son, graduated from the University of Arkansas and currently serves as Chief Operating Officer, Executive Vice President, and Director of Player Personnel for the Dallas Cowboys, among other positions.

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Their daughter, Charlotte, is a Stanford graduate who also works for the Dallas Cowboys as vice president and director of charitable and special event initiatives. Jerry Jr., their youngest child, went to Georgetown University and Southern Methodist University, where he received his law degree. Jerry Jr. serves as the Cowboys’ chief sales and marketing officer as well as its vice president of business operations.

In This Case, It Is Real Estate

Jerry Jones and his wife possess a massive property in the Highland Park neighbourhood of Dallas, which is estimated to be worth over $20 million. Jones is also the founder and CEO of the real estate development company Blue Star Land. A 200-acre land, which will be converted into a complex known as Star Business Park, was purchased by the firm for $38 million in 2018. In 2019, the company purchased an additional 60 acres in the surrounding area.

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On a portion of the site, Blue Star aims to build a 400,000-square-foot merchandise distribution and sales centre for the Cowboys, according to the company.

Jerry Jones’s Net Worth

Jerry Jones is an American CEO, entrepreneur, and owner of the NFL’s Dallas Cowboys. Jerry Jones has a net worth of $11 billion. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, Missouri.
Jerry Jones Net Worth
He was also the founder and owner of Jones Oil and Land Lease, which searches for natural resources of oil and gas in Arkansas. Jones purchased the Dallas Cowboys in 1989 for $140 million. Today the team is worth at least $6.5 billion to $11 Billion.

Conclusion

Franchise in the National Football League Jerry Jones, the owner of the Dallas Cowboys, is one of the most vocal, wealthiest, and most powerful characters in all of the American sports. He is one of the few billionaires who has been able to live a luxury lifestyle replete with all that money can buy since becoming a billionaire. However, it appears that even billionaires, including the owner of the Dallas Cowboys, want to live a little like the rest of us once in a while.

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