Jerry Jones Net Worth
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4 min read
Table: Jerry Jones Net Worth
| Net Worth | $13 billion |
|---|---|
| Salary | N/A |
| Birthdate | October 13, 1942 |
| Birthplace | Los Angeles, California |
| Gender | Male |
| Height | 6 feet 0 inches (183 cm) |
| Profession | CEO, Entrepreneur, Owner of the Dallas Cowboys |
| Nationality | American |
What is Jerry Jones’ Net Worth?
Jerry Jones, an American CEO, entrepreneur, and owner of the NFL’s Dallas Cowboys, has an estimated net worth of $13 billion. He earned his first fortune as an executive vice president of Modern Security Life of Springfield in Missouri. Additionally, he founded and owned Jones Oil and Land Lease, a company that searches for natural resources of oil and gas in Arkansas.
In 1989, Jones purchased the Dallas Cowboys for $140 million. Since then, under his stewardship, the team’s value has risen to around $9 billion. He has played a pivotal role in the team’s success and the NFL’s growth, negotiating television deals, sponsorship agreements, and spearheading the construction of AT&T Stadium, a state-of-the-art billion-dollar venue.
Highlights
- Jerry Jones has a net worth of $13 billion.
- He purchased the Dallas Cowboys in 1989 for $140 million, and the team is now worth around $9 billion.
- Under his ownership, the Cowboys won three Super Bowls in a four-year span from 1992 to 1995.
- He has been instrumental in expanding the NFL’s television deals and negotiating lucrative sponsorship agreements.
- Jones spearheaded the construction of AT&T Stadium, a state-of-the-art billion-dollar venue.
Early Life
Jerry Jones was born on October 13, 1942, in Los Angeles, California. He spent his childhood in North Little Rock, Arkansas. Jones attended North Little Rock High School before going to the University of Arkansas on a football scholarship. During his time in college, he was a member of the Kappa Sigma fraternity and excelled as an offensive lineman.
Career
After graduating from college in 1965, Jones borrowed a million dollars from the Teamsters union to open several Shakey’s Pizza restaurants, but the venture failed. He then worked at his father’s insurance agency, Modern Security Life of Springfield, where he became the executive vice president. In the late ’60s, Jones attempted to buy the NFL’s San Diego Chargers using Teamsters’ money.
In 1970, Jones returned to Arkansas to pursue his Master’s degree in Business. He later launched Jones Oil and Land Lease, a company focused on natural resource prospecting. Jones made significant wealth over the next two decades while also plotting his return to football.
In 2008, Jones co-founded Legends Hospitality, a company that specializes in food, beverage, merchandise, and stadium operations. The company serves entertainment venues such as Cowboys Stadium.
Personal Life
Jerry Jones is married to Gene Jones, a former beauty pageant winner. They have three children: Stephen, Jerry Jr., and Charlotte. Stephen holds various positions within the Dallas Cowboys organization, including the COO, executive vice president, and director of player personnel. Charlotte is the vice president and director of charities and special events. Jerry Jr. serves as the chief sales and marketing officer, as well as the vice president of the Cowboys.
In March 2022, a 25-year-old woman claimed to be Jones’ biological daughter. Jones has paid out nearly $3 million to her and her mother, exceeding what was agreed to in the trust agreement. The woman later accused Jones of defamation.
Net Worth Over Time
Jerry Jones’ net worth has significantly increased over time. Since purchasing the Dallas Cowboys in 1989 for $140 million, the team’s value has soared to around $9 billion. Beyond the Cowboys, Jones’ business ventures and investments have contributed to his impressive net worth of $13 billion.
Components of Net Worth
Jerry Jones’ net worth primarily comes from his ownership of the Dallas Cowboys, which is valued at approximately $9 billion. However, his net worth also includes his earnings from previous business ventures, such as his executive role in Modern Security Life of Springfield, as well as the success of Jones Oil and Land Lease.
Furthermore, Jones’ involvement in negotiating television deals and sponsorship agreements for the NFL has had a significant impact on his net worth. The construction of AT&T Stadium, which he spearheaded, has also contributed to his overall wealth.
Jones’ real estate investments, including his own residence in the Highland Park area of Dallas, as well as his involvement in Blue Star Land, a real estate development firm, also add to his net worth.
In conclusion, Jerry Jones’ net worth of $13 billion is the result of his successful ownership of the Dallas Cowboys, his previous business ventures, and his involvement in various investment opportunities.
