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Jerry Buss Net Worth

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Jerry Buss's Net Worth as of 2024
$600 Million

Geralt Hatten Buss, simply known as Jerry Buss, was a famous American real estate enterpreneur, businessman, philanthropist, chemist, as well as a professional poker player. Jerry Buss is perhaps best known as the owner of several professional sports teams, the most popular being the Los Angeles “Lakers” basketball team. Under Buss’ ownership, “The Lakers” were most successful since their foundation, as they went on to with 10 NBA championships and had such players as Magic Johnson, Shaquille O’Neal, Kobe Bryant, Pau Gasol and James Worthy on their team. An inductee into the Basketball Hall of Fame, Jerry Buss inspired the “Showtime era” in Los Angeles “Lakers” history, when the players would adopt an exciting and fast style of play, which included a lot of field goal attempts, as well as an up-tempo style. Wanting to make basketball games even more entertaining, Jerry Buss hired dancers and live bands that performed during “Lakers” home matches.

Jerry Buss Net Worth $600 Million

A famous businessman, how rich is Jerry Buss? According to sources, Jerry Buss’ net worth is estimated to be $600 million. Undoubtedly, the majority of Jerry Buss’ net worth came from his business ventures.

Jerry Buss was born in 1933, in Salt Lake City, Utah, but later in his childhood moved to Wyoming with his mother. In Wyoming, Buss studied at the University of Wyoming and later came back to Los Angeles to continue his studies in the University of Southern California. It was in this university where Buss earned a degree in physical chemistry. Buss began his career as a chemist in the United States Bureau of Mines, which was a government agency that conducted scientific research of mineral resources. For a brief period of time, Jerry Buss worked in an aerospace company and at the same time was a lecturer at the University of Southern California.

In order to earn more money, which would help him continue teaching, Buss decided to venture into business. When his first $1 000 real estate investment proved to be profitable, Buss chose to focus on this aspect of business and later even co-owned a real estate investment firm called “Mariani-Buss Associates”. Buss’ income started to increase when he purchased several sports teams, among which were the “Lakers”, Los Angeles “Kings” NHL team, as well as WNBA “Sparks Team”. In addition, Buss purchased a multi-purpose indoor arena called “The Forum” in Inglewood, which is the home of the famous Los Angeles “Lakers”.

As a professional poker player, Jerry Buss received a lot of recognition in 1991, when he came third in the World Series of Poker event, and when he won a second place in the World Poker Tour Freeroll event in 2003. Buss even made an appearance in a poker television program called “Poker After Dark”.

Buss was a supporter of various charitable causes and donated approximately $7.5 million to the Department of Chemistry in the University of Southern California, where he previously studied and worked at.

A famous entrepreneur, Jerry Buss died as a result of kidney failure in 2013, when he was 80 years old.

As the Managing Editor at NetWorthPost, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Actors

Jeff Beitzel Net Worth

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Jeff Beitzel was born in the United States of America, and was a businessman and reality television personality, best known for establishing several successful automotive companies such as Quantum Fuel Systems, of which he was the COO, and also for starring in the reality show “The Real Housewives of Orange County”. All of his efforts helped put his net worth to where it was prior to his passing.

How rich was Jeff Beitzel? As of early-2017, sources inform us of a net worth that was at $3 million, mostly earned through the success of his numerous companies. He helped create and expand several automotive businesses, serving in high positions in them. He reportedly earned a salary of $725,000, but all of his achievements ensured the position of his wealth.

Jeff Beitzel Net Worth $3 million

Jeff attended Lehigh University, and would graduate with a degree in mechanical engineering. After his studies, he started working at the Ford Motor Company, and after gaining a lot of experience, he began establishing his own automotive businesses, which included Quantum Fuel Systems Technology; the company focuses on fuel storage, fuel efficiency, and natural forms of fuel. Beitzel eventually rose up to become the COO of the company in 2005. Other groups he worked for include Tecstar Automotive Group (formerly Starcraft Corp.) and Powertrain Integration. He served as the Co-Chief Executive Officer of Tecstar and was the president of Tecstar subsidiaries, as well as the President of Powertrain Integration. Quantum Fuel Systems eventually merged with Tecstar, but Powertrain Integration on the other hand focuses on powertrain solutions including highway systems, alternative fuels, and other services. Thanks to all of these endeavors, his net worth continued to increase.

Jeff eventually became engaged to reality television star and businesswoman Gretchen Rossi. Since then, he started appearing in the hit reality TV show “The Real Housewives of Orange County”, which helped somewhat in increasing his net worth further. The show started in 2006 airing on Bravo TV, its premise being to show the professional and personal lives of several women residing in Orange County. Rossi started appearing in the show during the fourth season, and Jeff started getting featured on the show when they became engaged. The show also featured his battle with leukemia.

For his personal life, it is known that Jeff was married five times before becoming engaged to Rossi; he passed away in 2008 from leukemia. After his death, his ex-wife and three children started challenging Rossi in the press, claiming the Beitzel never really intended to marry her. The issue was also brought out because it was reported that Jeff left Gretchen several million dollars in his estate. Despite this, Rossi has shrugged off most of the statements against her and even dedicated a social media post to Jeff during the anniversary of his death. She’s also reported to have spent time with his kids, even amidst rumors of infidelity during their relationship. One of Jeff’s children has commented that all the publicity didn’t really matter, because in the end his father loved Rossi.

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Billionaires

Gautam Adani Net Worth

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Gautam Shantilal Adani was born on the 24th June 1962, in Ahmedabad, Gujarat, India and is a businessman, widely known as a founder and the chairman of the multinational conglomerate Adani Group. Adani has been active in the business of coal mining and gas distribution since 1988.

How much is the net worth of Gautam Adani? It has been estimated by authoritative sources that the overall size of his wealth is as much as $8.8 billion, as of the data presented in the middle of 2017. Adani Group is the main source of Adani’s fortune.

Gautam Adani Net Worth $8.8 Billion

To begin with, the boy with his seven siblings, was raised in Ahmedabad by his parents Shanta and Shantilal Adani. He was educated at the Sheth Chimanlal Nagindas Vidyalaya school, then entered Gujarat University to study commerce, yet he dropped out.

Currently, the billionaire Gautam Adani owns the largest brand of oil in India. The company was founded in 1988, with Gautam the founder and current president. He said he created his Group with a vision of Nation Building, that is to say by developing assets that he believes are important economic issues for the country. The Adani Group has grown rapidly by diversifying into import – export – it opened its own port in Mundra, to better control its trading operations. Construction began in 1995 and in 1998 it became one of the major sources of foreign exchange for India.

The following year, the company embarked on financial and energy speculation with coal trading, and soon created a joint venture (Adani Willmar) in the field of petroleum products trading in 2000. A second phase began for the group with the creation of large infrastructures. The company created a portfolio of ports, power stations, mines and a fleet of ships and railway lines in and out of India. In 2006, the company became the largest importer of coal in India – 11 million tons. Adani sought to be less dependent on the coal market, so he started to buy and control coal mines. Thus, he bought the Australian group Linc Energy, in order to supply the group’s coal-fired power stations. In 2008, he bought the Bunyu mine in Indonesia , with 180 million tons of coal reserves, and the following year, Adani Group became an energy company, producing 330 MW of thermal energy. In 2011, the group also decided to buy the exploitation rights of a large part of the Galilee coal basin in Australia. To prepare for the import of Australian coal, he ordered a large-capacity coal terminal at Mundra (the largest in the world) and in the same year he bought the Australian port of Abbot Point. This project is yet to come to fruition.

In 2012, the Group began a 3rd phase of development as integration infrastructure, renewing its logo and developing a new identity. The company focuses on three areas: resources, logistics and energy. Subsequently, under the direction of Gautam Adani, the Adani Group became a multinational conglomerate active in the production of electricity – especially through coal – and port terminals, logistics and agribusiness. It is India’s largest developer and port operator. The Group is the major source of Gautam Adani’s net worth.

Finally, in the personal life of Gautam, he is married to Priti and they have two children.

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