Jerry Jones is a well-known American billionaire businessman best known as the owner of the Dallas Cowboys of the National Football League (NFL). He has owned the Cowboys since 1989. Jones attended the University of Arkansas as a football player. As of 2022, he is the second-richest NFL owner after Carolina Panthers owner David Tepper. Jones has led the Cowboys to three Super Bowl triumphs since 1989, helping them become one of the most valuable sports organisations in the world.
Jerry Jones was born in Los Angeles, California in 1942, however he spent the majority of his childhood in North Little Rock, Arkansas. His parents moved there when he was a little child. When he was a little child, his parents relocated the family there. After completing his high school education at North Little Rock High School, he went on to get a scholarship in order to play football at the University of Arkansas.
In addition to being a member of the Kappa Sigma fraternity and the co-captain of the university’s football team, he was honoured as an all-Southwest Conference offensive tackle while he was a student at the university. Jones’ collegiate football career began at Arkansas, and it was there that he met his future head coach for the Cowboys, Jimmy Johnson. After Jones purchased the franchise, Johnson would eventually become Jones’ first head coach for the Cowboys.
|Name||Jerral Wayne “Jerry” Jones|
|Net Worth||$12.1 billion|
|Age||79 years (born 13 October 1942)|
Later on, while he was still in school, Gene would end up becoming his wife despite the fact that she had previously competed in and won beauty pageants. They had three children together as a result of their union: Stephen, Jerry Jr., and Charlotte. Additionally, they have nine grandchildren between the two of them.
Their son, Stephen, attended the University of Arkansas to receive a degree in business administration. He is now employed by the Dallas Cowboys, where he serves as chief operating officer, executive vice president, and director of player personnel. Stephen also attended the University of Arkansas. Their daughter, Charlotte, attended Stanford University and now works with the Cowboys, where she serves as vice president and director of charity and special events respectively.
After completing his undergraduate studies at Georgetown University, their youngest kid, Jerry Jr., went on to earn a law degree from Southern Methodist University. Before that, he attended Georgetown University for his education. At this time, Jerry Jr. is acting in the capacities of vice president and chief sales and marketing officer for the Cowboys organisation.
Jones graduated from college in 1965, the same year that he secured a loan of one million dollars from the Teamsters union. Jones put this money toward the purchase and opening of several Shakey’s Pizza establishments in the state of Missouri. During that time period, Jimmy Hoffa served as the president of the Teamsters labour group. Following the loss of that endeavour, Jones started working for the insurance business that was owned and operated by his father. The company was called Modern Security Life of Springfield.
He held the position of executive vice president at the company that he worked for. In the late 1960s, he made several unsuccessful attempts to get several businesses off the ground. At one point in time, Jones attempted another effort to purchase the National Football League’s San Diego Chargers using funds from the Teamster union.
In the end, he came to the conclusion that he wanted to earn a Master of Business Administration degree from the University of Arkansas, and he did so in 1970. He received this degree. Jones founded the privately held company Jones Oil and Land Lease, which is currently involved in the activity of searching for natural resources. He spent the following two decades amassing cash and plotting his return to the sport of football while he was away from the game.
Jerry Jones purchased the Dallas Cowboys for a total sum of $140 million on February 29, 1989. The transaction took place. After taking into account the impacts of inflation, that amount is about comparable to $300 million on the current market. Soon after the purchase, he fired Tom Landry, the sole coach in the history of the franchise, and hired Jimmy Johnson, an old teammate from when he played for Arkansas. Landry had been the only coach the team had ever had.
In addition to that, he was successful in getting the general manager, Tex Schramm, to step down, and he took complete responsibility for all of the decisions that concerned football. In Jones’s first season as owner of the Cowboys, the team concluded the year with a record of 1-15. After Jones and Johnson took over as head coaches, the team had a dramatic uptick in performance, as evidenced by the 7-9 record they posted the following season.
The enormous estate that Jerry Jones and his wife call home is located in the Highland Park suburb of Dallas. It is estimated that the residence is worth more than $20 million. Jones is also the head of the real estate development company Blue Star Land, in addition to his other responsibilities. In 2018, the company invested $38 million purchasing land that would one day be developed into a new community that will be named as Star Business Park.
The property encompassed a total area of 200 acres. 2019 marked the year when the corporation completed the acquisition of an additional sixty acres in the neighborhood. A merchandising distribution and sales centre for the Cowboys will be around 400,000 square feet in size, and Blue Star has plans to build this facility on a section of the land that is owned by the Cowboys.
What Is Jerry Jones’ Net Worth and Salary?
Jerry Jones is a well-known American business executive and entrepreneur who also happens to be the owner of the National Football League franchise the Dallas Cowboys (NFL). It is believed that Jerry Jones’s total wealth is about $12.1 billion.
While working at Modern Security Life in Springfield, which is located in the state of Missouri, Jerry Jones amassed his early fortune. Jones served as executive vice president of the company during this time. In addition to that, he was the founder and owner of Jones Oil and Land Lease, which is a business located in Arkansas that investigates the natural resources of the state with the purpose of extracting oil and gas. In 1989, Jones purchased the Dallas Cowboys for a sum that ultimately amounted to 140 million dollars. The valuation of the club is currently estimated to be at least $6.5 billion after recent increases.