Stan Kroenke is a billionaire businessman who owns a number of sports teams, including the NFL’s Los Angeles Rams, the NBA’s Denver Nuggets, and the NHL’s Colorado Avalanche. He is also the majority shareholder of Arsenal Football Club.
Kroenke was born in Missouri in 1947. He began his career in real estate, and by the 1980s he had amassed a significant fortune. In 1995, he married Ann Walton, an heiress to the Walmart fortune.
Kroenke’s first foray into sports ownership came in 1999, when he purchased the NBA’s Denver Nuggets. He later added the Colorado Avalanche (NHL) and the Colorado Rapids (MLS) to his portfolio. In 2010, he purchased the St. Louis Rams, and in 2016 he moved the team to Los Angeles.
Kroenke’s ownership of Arsenal has been controversial. Some fans have accused him of being a “silent owner” who is not interested in investing in the team. Others have criticized his decision to move the Rams to Los Angeles.
Despite the criticism, Kroenke remains a successful businessman. In 2022, Forbes estimated his net worth to be $8.8 billion.
Kroenke is married to Ann Walton Kroenke. They have two children together: Josh and Whitney Ann.
Son Josh Kroenke
Josh Kroenke is the son of Stan Kroenke and Ann Walton Kroenke. He is the president of Kroenke Sports & Entertainment, and he is also the vice-chairman of Arsenal Football Club.
Josh Kroenke is a graduate of the University of Missouri-Rolla. He began his career in real estate, and he later joined his father’s business.
Josh Kroenke is seen as a more hands-on owner than his father. He has been involved in the day-to-day operations of Arsenal, and he has been credited with helping to improve the club’s finances.
Arsenal Football Club
Arsenal Football Club is an English professional football club based in Islington, London. The club was founded in 1886, and it has won 13 Premier League titles, 14 FA Cups, and two European Cups Winners’ Cups.
Kroenke became the majority shareholder of Arsenal in 2018. He has been criticized by some fans for his ownership of the club, but he has also been praised for his investment in the team.
Net Worth
Kroenke’s net worth is estimated to be $8.8 billion. He is the richest person in sport, according to Forbes.
Kroenke’s wealth comes from his ownership of sports teams, real estate, and other businesses. He is also a major shareholder in the American media company AEG.
Kroenke is a controversial figure, but there is no doubt that he is one of the most successful businessmen in the world.