After Jim's dad's end, Jerry, his $600 million, and a tremendous heap of resources were isolated by their family trust into equivalent parts among the Buss family. Thus, you wont find Michael Rubin or Fanatics on our list, despite his minority ownership in teams and the companys dominance in sports apparel merchandise. Joseph Tsai is worth $10.6 billion. The Los Angeles Lakers are one of the most storied franchises in the NBA. That's certainly good news for the children of the late Dr. Jerry Buss, the team's charismatic longtime owner. Know about her Salary, Career, and Achievements. Owner: Jerry Buss Family Trust - Net Worth: $600 million Dr. Jerry Buss was beloved in Los Angeles. Lasry founded Avenue Capital Management in 1995. Jeanie has also been involved in the alcohol industry, being the co-founder of her tequila brand, Cincoro Tequila. He purchased the Los Angeles Lakers of the NBA along with the Los Angeles Kings hockey team of the NHL, The Forum (all for a then-record combined $67.5 million for those three properties[9]), and a large ranch from Jack Kent Cooke in 1979, in a deal that also transferred ownership of the Chrysler Building. [20], In 2012, Buss was in a hospital for months with an undisclosed intestinal problem. A full body orgasm at the L.A. Phil? [2], In 1990, Buss reached a settlement out of court in a palimony suit filed by Puppi Buss, who said that she had an on-and-off relationship with Buss for 15 years, and also alleged that he fathered her son;[18][19] details of the settlement were not revealed. Theodore Ted Leonsis made his first fortune at the senior executive level of AOL. [24][25] On February 21, hundreds of friends, colleagues, and family members gathered to pay tribute to Buss in a televised memorial service at the Nokia Theatre L.A. Live, across from the Lakers' home court, Staples Center. By clicking the 'Subscribe Now' button, you agree to our Terms of Use and Privacy Policy. Buss owned other professional sports franchises in Southern California. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). His first investment in the 1960s was $1,000 in a West Los Angeles apartment building. [6] Finding great success in the real estate business, he, along with longtime business partner, Frank Mariani, formed real estate investment company Mariani-Buss Associates. The squad has reached the Super Bowl nine times since 2000, the rookie year for quarterback Tom Brady, and taken home the trophy in six of those visits. They never actually married and announced their split in 2016. She is the daughter of Jerry Buss, the former controlling owner of the Lakers. Ted Lerner & family NET WORTH: $4.8 billion He has been known for keeping his words. He also owned a soccer team and the NFLs Seattle Seahawks. Eventually, Jerry Buss and his business partner Frank Mariani formed Mariani-Buss Associates, a real estate investment company. Eventually, she proved her business instincts to Jerry, who planned to have her take over the business side of the Lakers while her brother Jim handled the sports-related decisions. The family became such a household name that there is now a show on HBO, Winning Time: The Rise of the Lakers Dynasty, that highlights the early success of the Lakers in the 1980s. American part-owner and former executive vice president of basketball operations Jim Buss was born in Los Angeles County, California. He raised $150,000 along with his college friend and a group of 30 investors to purchase the team, after which he was named President. The Buss family is synonymous with the Los Angeles Lakers and is well known in the sports and entertainment industry. The Lakers were valued at $4.6 billion by Forbesthis year, the third-highest team in the NBA. The 80-year-old has a net worth of $10.1 billion. After his father Jerry died in 2013, his controlling ownership of the Lakers passed to his children via a family trust, with each child receiving an equal interest. She paid $2.6 million for the residence, which conveniently lies just a few miles from Los Angeles International Airport. Only those with a majority interest in at least one team were eligible. His succession plan had daughter Jeanie assume his previous title as the Lakers' governor as well as its team representative at NBA Board of Governors meetings. If you would like to customise your choices, click 'Manage privacy settings'. Besides, she also inherited a major chunk of her father's sports business. Also Check Out: Complete NBA TV Schedule for 2021-22 Season #3 LA Clippers - $93.9 million. How much the team is worth: $3.1 billion No reliable net worth information is available for Irving Grousbeck or Robert Epstein, but Stephen Pagliuca is worth $450 million and Wycliffe. We can take away some key lessons from Dr. Jerry Buss. [26] Buss was buried on February 22 at Forest Lawn Memorial Park (Hollywood Hills) in a private ceremony with family and close friends. He was the companys 30th employee in 1980 and led Microsoft as CEO from 2000-2014. Raised alongside three siblings by Joann and Jerry Buss, Jeanie was still quite young when her father started to become successful in the real estate world. All net worths are calculated using data drawn from public sources. Jeanie Buss has a net worth of $500 million. The change also ranks the Paul G. Allen Trust (Seattle Seahawks, Portland Trail Blazers and a minority stake in the Seattle Sounders) for the first time, landing at No. The 20 most valuable sports empires have a combined enterprise value of more than $100 billion, led by Liberty Media at No. Along with his brother-in-law Leon Black also a billionaire he founded Apollo Management in 1990. You may opt-out by, Traffic cop at the intersection of money and sports. The California native became General Manager of World TeamTennis, a top tennis league, at the age of 19 while pursuing a Bachelors degree at USC (University of Southern California). Daughter Jeanie is now the controlling owner and team president. Read: How Rich Are These Big-Name NASCAR Drivers?Also: How To Build a Financial Plan From Zero Phil Mickelson Net Worth: $400 Find out more about Gary Player's net worth and wins. [23], After being hospitalized at Cedars-Sinai Medical Center with an undisclosed form of cancer, he died of kidney failure on February 18, 2013, aged 80. When the NFL playoffs kick off this Saturday, the New England Patriots will be watching the action on television. Youll notice only 27 of the NBAs 30 teams are profiled. Gaining the immense success, Buss was promoted to vice president of basketball operations in the year 2005. Hes worth $400 million, according to Celebrity Net Worth. The Canadian- American businessman bought the team for a. Whereas, Dr. Jerry Buss massive wealth of $600 million was also distributed among six children via a family trust. He spent much of his youth atrace tracks. After Jerry passed away, his majority ownership of the Lakers was passed down to his six children, one of them being Jeanie. He has made money, however, in real estate as the executive director of Southwest Value Partners. Upon Jerry Buss' death in 2013, his six children inherited a family trust that owns 66% of the Lakers. Jeanie Buss with Shaquille O'Neal in 2021. The Lakers were very successful under Buss' ownership, winning 10 NBA championships with such players as Kareem Abdul-Jabbar, Magic Johnson, James Worthy, Shaquille O'Neal, Kobe Bryant, and Pau Gasol, and with coaches Pat Riley and Phil Jackson. Jerry purchased the Lakers in 1979 for $68 million dollars in a package deal that also included the Los Angeles Kings of the NHL, as well as two venues in the Great Western Forum and a ranch in the Sierra Nevada Mountains. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Properties: Formula One, Atlanta Braves, Drone Racing League*, Ball Arena*, Properties: Los Angeles Rams, Arsenal, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Altitude Sports & Entertainment, Los Angeles Gladiators, Los Angeles Guerrillas, Properties: Dallas Cowboys, Legends*, The Star, CompLexity Gaming, Properties: Boston Red Sox, Liverpool, NESN, Roush Fenway Racing, Fenway Sports Management. Anschutz, 81, is the 133rd. [4], His philanthropy also extended to people associated with the Lakers. So, what is Buss' net worth? Anschutz is extremely influential in Los Angeles and he owns a third of the Lakers. Anschutz is extremely influential in Los Angeles and he owns a third of the Lakers. [21] Through his 80th birthday on January 27, 2013, he had not attended a Lakers game during the 201213 season due to health concerns. [28] Lakers guard Kobe Bryant said "His impact is felt worldwide," and called Buss the greatest owner in sports ever.[29]. Upon his 2013 death, his six adult kids inherited a 66% majority stake in the Lakers. Anschutz also, Dr. Patrick Soon-Shiong is a doctor who also happens to be a billionaire businessman. He then embarked on a remarkable run of buying into Chicago sports teams just as they were taking off, including not just the Bulls in 1985 but also the White Sox in 81. In 2017, Jeanie's brother Johnny moved to take control of The Lakers away from his sister. 10 Simple Habits of Money-Smart Individuals, Tips To Keep Your Finances in Order Without Sacrificing What You Want, 18 of the Richest NFL Players Who Never Won a Super Bowl. since early 2020. New York Jets QB Sam Darnold looks downfield. When it comes to these racers and how they get paid, NASCAR drivers are different from athletes in team sports. Jerry's inner circle entourage included John Rockwell, Ron and David Wilder, Miguel A. Nunez, Lance Davis, Mark Fulton, and Brian J. Sadler. As part of his string of sports-related acquisitions, Buss also purchased The Forum for $67.5 million. Properties: Los Angeles Lakers. This is a BETA experience. Buss became an owner of the Los Angeles Strings in World Team Tennis. The Canadian- American businessman bought the team for a sum of $5.2 million from Robert Short. Gores originally bought the Pistons in conjunction with his company, but he later bought out Platinum Equitys stake to own 100% of the franchise. After failing a field sobriety test, Buss was taken into custody, given a blood test, and booked on suspicion of driving while intoxicated with a blood-alcohol level over 0.08. She grew up in Seattle and graduated from the University of Washington. So in case of the Buss Trust, the life in being are the Buss children alive when the trust was created (meaning the kids alive when Dr. Buss died). 1988). Later, when the WNBA was formed in 1996, Buss took charge of operating that league's Los Angeles franchise, the Los Angeles Sparks. Although he stood 6feet 2inches (1.88m), Buss attendedjockeyschool when he was 20. But Brady is leading the Tampa Bay Buccaneers in the postseason this year while the Patriots delivered their first losing season in two decades. After becoming the owner of a roller hockey team called the Los Angeles Blades, she became the president of the Great Western Forum. He grew up with older brotherJohnnyand sistersJeanieand Janie. She enrolled at the University of Southern California and eventually graduated with honors after majoring in business. Most people on this list are worth billions. A two-time University of Southern California Alumnus (MA, Ph.D), he was a Los Angeles. Please try again later. The next-richest NBA team owner knows a thing or two about basketball none other than Michael Jordan, who earned just $90 million of his $2.1 billion fortune on the court. She a number of cars some are listed below; 19. The 2,200-square-foot home also lies within the Breakers complex, a gated community within the Playa del Rey area. [16] During his time as Lakers owner, Buss was widely known as a playboy and had a string of young girlfriends. Guber, who also is a minority owner of the Los Angeles Dodgers, is the chairman and CEO of Mandalay Entertainment. In 2004, she married business magnate Tom Benson, who owned the Pelicans as well as the NFLs Saints. Jeanie holds nationality of American and her ethnicity is White. Jim Buss Net Worth. Buss was invited by his father to join the great Los Angeles Lakers in 1988. Investors believe that revenue for major team sports will continue to climb in the years ahead as fans come back to stadiums and the value of media rights increases. Philip Anschutz, the billionaire founder of sports and entertainment company AEG, is reportedly selling his 27% ownership stake in the Lakers, according to Scott Soshnick and Eben Novy-Williams of Sportico. It was around this time that Jerry began acquiring a number of sports teams in the Los Angeles area. The buyer in the deal is not yet known, and the deal is still pending approval by the NBA's Board of Governors. Daughter Jeanie is now the controlling owner and team president. Much of the real estate owned by mogul Stan Kroenke are shopping plazas situated near Walmart stores. People may receive compensation for some links to products and services on this website. The family has a net worth of $5.4 billion. Dr. Patrick Soon-Shiong is a doctor who also happens to be a billionaire businessman. 2023 Celebrity Net Worth / All Rights Reserved. Your IP: Buss bought the Lakers in 1979, after which the team saw a meteoric rise. 2023 ABG-SI LLC. Therefore each child's 11% stake is worth around $550 million. Value: $3.63 billion. Jim Buss was born on 9TH November 1959, Los Angeles County, California, the U.S. One of the greatest innovators in history, he will always be remembered for co-founding Microsoft with Bill Gates. Starting in 2023, the NFL will be armed with a new round of TV deals worth perhaps $15 billion a year, double the current average. He made a large share of his wealth when he sold his drug companies Abraxis and American Pharmaceutical Partners for a combined, It is an honor for me to be part of the Lakers family and the nations foremost basketball franchise,, Earvin Johnson is a shining example of excellence on and off the court, and it is a privilege to have acquired his ownership position,, The franchise was first and foremost owned by Ben Berger when the team played in Minneapolis. Manchester City's Ilkay Gundoan prepares to strike. Jim started investing a small business along with his best friend but the sad death of his friend in the car accident in 1981 left him devastated. The hardworking man with a keen mind brought the annual losses from $1 million to $50,000. He then returned to Los Angeles and attended the University of Southern California (USC), where he earned an MS and PhD in physical chemistry in 1957 at the age of 24. All Rights Reserved. While learning the ropes of business and sports management from her father, Jeanie also attended college. When Hazzard died in 2011, he was still a Lakers employee. Anschutz is an old-school industry tycoon with a half-century record of highly profitable ventures in real estate, entertainment, telecom, oil and railroads. The Los Angeles Kings, the Los Angeles Sparks, and . Jerry Buss loved the city of Los Angeles and used every bit of. Also Read: Michael Jordan Biography, Salary, Net Worth, NBA. Jeanie Buss Net Worth Being the controlling owner and president of the Los Angeles Lakers, Buss has an estimated net worth of $500 million. Dinan founded York Capital Management in 1991. In total, her former Playa Vista home spans almost 3,200 square feet of living space and lies on a corner lot. Whether you're stocking up for the next big holiday bash or simply trying to feed your family, you might want to reassess your Costco shopping list. [11] The Sparks also experienced their share of success, winning two WNBA championships with such players as Lisa Leslie, Tamecka Dixon and DeLisha Milton-Jones. Herb and another brother, Melvin Simon, formed what would become the Simon Property Group. So who are all the people that own a stake in the Lakers? Notable features of the four-bedroom, waterfront property include a pool, a spa, and a gym. [33][failed verification], daughter-of-lakers-owner-jerry-buss-be-the-next-to-rule-her-fathers-sports-kingdom-or-will-one-of-her-brothers-rise-to-power-a-fractured-family-fable, Naismith Memorial Basketball Hall of Fame, Forest Lawn Memorial Park (Hollywood Hills), Learn how and when to remove this template message, "Lakers' Jeanie Buss: She's Got Balls - Sports Illustrated Vault | SI.com", Jerry Buss, Longtime Lakers Owner, Is Dead at 80, "Whether It's the L.A. Lakers or a Lovely Woman, Jerry Buss Is Interested in Champions", "Lakers Legendary Jerry Buss and His "Rags to Riches" Story Truly One of a Kind", "Naismith Memorial Basketball Hall of Fame Announces Class of 2010", "Golden Plate Awardees of the American Academy of Achievement", "A Bad Fold by David Grey on Poker After Dark", Los Angeles Times: "All in the Family - If Jerry Buss has his way, the Lakers will belong to his kids" by John Ireland, "Lee Klose finds birth family after decades", Dodgers affected by Jerry Buss like no other non-NBA team, "Buss also booked for driving with BAC of 0.08 or higher", "Kobe Bryant, Steve Nash help Lakers hold on for 2nd straight win", Breaking News: Lakers Owner Jerry Buss Dying Of Cancer, "Lakers Owner Jerry Buss Dies at Age 80, Leaving Behind "Unparalleled Legacy", "Jill Painter: Lakers lose innovative owner, L.A. loses friend", "Jerry Buss Buried At Forest Lawn Memorial Park, Hollywood Hills In Private Ceremony", "LOS ANGELES: Jerry Buss, Lakers' flamboyant owner, dies at 80", "Buss family faces crucial moment with the Lakers", "Lakers expected to remain a Buss family-owned team", "World Series of Poker invites Kobe Bryant as tribute to Jerry Buss", https://en.wikipedia.org/w/index.php?title=Jerry_Buss&oldid=1145995928, This page was last edited on 22 March 2023, at 04:43. [1] When he was nine years old, he moved with his mother to Los Angeles; they moved to Kemmerer, Wyoming, three years later when she remarried. He sold the team in 2006. When former Lakers owner Jerry Buss died in 2013, he left his six children with a family trust owning 66 percent of the team, according to the Los Angeles Times. How Rich Are Tiger Woods, Phil Mickelson and the Other Top 10 Richest Pro Golfers? Miller, who has an estimated net worth of $1.7 billion, transferred ownership of the Utah Jazz to a, Joey Votto, Freddie Freeman and the Highest-Paid MLB Player on Every Team. Yes, the Los Angeles Lakers are still owned by the Buss Family Trust, with Jeanie Buss, as the controlling owner. She took over the leadership of the Lakers in 2013 after her father's death. The franchise was first and foremost owned by Ben Berger when the team played in Minneapolis. Guggenheim Baseball Management . This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Clearly, the government's increasing debt is not a new trend. The purchase price of the 27 percent stake has not . Find out more about how we use your personal data in our privacy policy and cookie policy. Buss attended college atthe University of Southern California(USC), majoring in math before he dropped out. The Kraft family also owns the New England Revolution (MLS), Kraft Analytics Group (sports data analytics) and Boston Uprising (esports franchise), as well as a small piece of UFC. Boasting masters degrees from both MIT and Harvard, Vivek Ranadive is a businessman and engineer who founded TIBCO Software. Peter Guber is worth $800 million and Joe Lacob is worth $3 billion, according to Celebrity Net Worth, for a combined net worth of $3.8 billion. During her college years, Jerry appointed the 19-year-old Jeanie as the new manager of the Los Angeles Strings. Buss was an owner of the Phoenix location of the Playboy Club. Jeanie posed nude for Playboy magazine in 1995. Cloudflare Ray ID: 7c0c8b0bb9ab0e01 The Showtime era was born, the three-peat was accomplished and so much more. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy, according to Scott Soshnick and Eben Novy-Williams of, according to Bloomberg's Billionaire Index, Report: Mavs Hiring Jason Kidd as Next Head Coach, How It Feels to Watch the Team You Built Thrive Without You, The Hawks Found an Unlikely Hero in Kevin Huerter. Surrounded by lots of trouble and differences, the pair split up a month later. The values of top-tier sports assets, particularly teams, have held up extremely well during the pandemic. The other co-owners are Philip Anschutz, Edward P. Roski, and Patrick Soon-Shiong, minority owners . No reliable net worth information exists for Clayton Bennett, but Aubrey McClendon was worth $1.2 billion the last time Forbes inventoried his fortune. Properties: Los Angeles Dodgers, Spectrum SportsNet LA, Properties: Miami Dolphins, International Champions Cup, Drone Racing League*, Properties: Atlanta Falcons, Atlanta United, PGA Superstore. After Jim's father died, their family trust divided Jerry's $600 million and other assets among the Buss siblings in equal parts. Anschutz's share in the team also gives him theright of first refusal on any wider controlling sale, though it's unclear if the buyer in the proposed deal would have the same. Privacy Policy By this point, Jerry had divorced from Joann, leaving Joanie with serious emotional issues. A $300-million (minimum) gondola to Dodger Stadium? About Us Jeanie Buss, the owner of Los Angeles Lakers, is worth $500 million. Some of the richest NFL Jockeys are some of the original "gig workers" because they work as independent contractors. Jeanie Buss has a net worth of $500 million. Robert Pera is the mastermind behind Ubiquiti Networks, a wireless broadband company that deals mostly with emerging markets. In 1995, he co-founded Broadcast.com, an early video portal. As the owner of the Los Angeles Lakers basketball team, he amassed an even greater fortune (and notoriety). Market Realist is a registered trademark. Jeanie's Net Worth. When Jerry Buss purchased the LA Lakers from former owner Jack Kent Cooke in 1979, he was divorced from his first wife, JoAnn Mueller. 2 with $8.7 billion. Anschutz also owns the Lakers and the Clippers home arena The Staples Center. These Are the Best Banks of 2021 Did Yours Make the Cut? 1 with $13 billion. He later formed a venture capital firm and Monumental Sports, which owns not just the Wizards, but the NHLs Washington Capitals, two arena football teams, a WNBA team and Capital One Arena. The Dallas Cowboys empire built by Jerry Jones is third at $7 billion. To compile our scorecard of the most valuable sports empires, we screened our database of the most valuable teams from the NFL, MLB, the NBA, the NHL and soccer for people or companies whose holdings in these teams were above $2 billion. Submit a correction suggestion and help us fix it. There was an unknown error. Fenway Sports Group reportedly has discussed merging with RedBall Acquisition, a $575 million SPAC launched by private-equity firm RedBird Capital and Oakland As executive Billy Beane, who triggered baseballs Moneyball revolution. Along with being a co-owner of the Lakers, shes also the co-owner of WOW Women of Wrestling, a professional wrestling promotion. His family estate now owns his part of the Thunder. Jerry Buss, who owned the Lakers since 1979, died in 2013. In 1974, Buss produced a movie named Black Eye starring former gridiron star Fred "the Hammer" Williamson. #30 Bass family on the 2020 America's Richest Families - The four Bass brothers, Sid, Edward, Robert and Lee, each inherited $2.8 million from their oil . Unusually, hes found a way to actually lose money on an NBA team so far. We welcome all corrections and feedback using the button below. Best Banks:Best National Banks of 2021: Low Fees, High APYs & Accessibility. Properties: New York Yankees, Legends*, YES Network*, New York City FC*, Scranton/Wilkes-Barre RailRiders, Properties: New York Knicks, New York Rangers, Properties: New England Patriots, New England Revolution, UFC*, Kraft Analytics Group, DraftKings*, Skillz*, Boston Uprising, Properties: Manchester United, Tampa Bay Buccaneers, Properties: Seattle Seahawks, Portland Trail Blazers, Seattle Sounders*. Theyre tied with the Celtics as the most decorated team in history, with 17 championships to their name. Even now, team owners build a family around the franchise, planting the seeds, waiting for it to reap success and it becomes habitual. That strategy has earned him a net worth of $10 billion and about 30 million square feet of international real estate. How envious? Although the house was originally listed for $225,000 more than the final selling price, she accepted the price cut.That being said, Buss did put some work into the place after buying it two years prior in an effort to make it a more attractive prospect for future buyers. He was inducted into the Naismith Memorial Basketball Hall of Fame as a contributor. She had originally purchased the property for $2.45 million back in 2017. Net Worth & Salary of Jim Buss in 2023 Jim Buss Net Worth James Hatten Buss and his siblings got over $600 Million divided among them after the passing away of their father. Who Are Jerry Buss' Sons? Although Stephen Simons net worth is unknown, Herb Simons fortune is estimated at $2.6 billion. Jeanie Buss Net Worth: Jeanie Buss is the daughter of late Los Angeles Lakers owner Jerry Buss and the President and controlling owner of the team. There are owners who pass on the team to their future generations, and one such man was Dr. Jerry Buss. James Hatten Buss, former executive vice president of the Los Angeles Lakers (Source: Bleacher Report) As of 2022, Jim has an estimated net worth of around $150 million. Jerry Buss loved the city of Los Angeles and used every bit of money that he made, to purchase the Lakers, the NHLs Los Angeles Kings, the Forum, a ranch in Kern County for a combined value of $67.5 million. During the 1960s, Jerry invested in a West Los Angeles apartment building. Buss' total net worth isn't revealed yet, however, he is the equal recipients of his father will and ownership of Lakers. The great man ran the show for 34 years as the controlling owner, till the time of his death. Net Worth & Income. However, Buss did not wait until the last moment to alert his offsprings about the gravity of his position. At the age of 17, she elected to live with her father and moved in with him full time. She now holds the majority of stakes in the NBA franchise, Los Angeles Lakers. Next: Biggest Contract Busts in MLB HistoryAlso: How To Build a Financial Plan From Zero Gary Player Net Worth: $250 Million Age:87Major Read on to learn more about Rory McIlroy's net worth and achievements. Their hefty combined bank balance comes from numerous businessman and bankers in the family spread across three generations. he pursued a Journalism degree and graduated from Madras Christian College. Check out more information about Jack Nicklaus' net worth and career. The Buss family has owned the Lakers since 1979, when the late Jerry Buss purchased the team. Professionally, The Dwarfs were outstanding contributors who held positions as special assistant, financial advisor, investment banker, ADPAC marketing executive. nike contact is a life time deal worth 1 Billion, assuming all the metrics were hit with sales in the best case scenario its = 1bil/25 years aka 40mil a year. Anschutz owns the second-largest stake of the team, with the Buss family owning 66%. These offers do not represent all available deposit, investment, loan or credit products. As one of the NBA's marquee franchises, Forbes estimates the Lakers are worth a breathtaking $3 billion. Buss's 66% controlling ownership of the Lakers passed to his six children via a trust, with each child receiving an equal vote (11% for each child). The team flatlined without Tom Brady, but it was still a winning year for the Kraft family. In January 2008, Buss donated $7.5 million to USC's Department of Chemistry to fund two endowed chairs and an endowed scholarship fund for chemistry graduate students; the two chairs were to be named after his mentors at USC, Professors Sidney Benson and David Dows.

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