What causes that is creating some aura, creating some excitement. He has never been much of a sleeper, three or four hours most nights, and there have been stretches when he's especially stressed that an hour was considered his best Rip Van Winkle impersonation. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. He has been the owner of the Cowboys since 1989. Why is Jerry Jones so rich? 2023 Celebrity Net Worth / All Rights Reserved. His most valuable single holding is the Dallas Cowboys NFL team, which he bought in 1989 for $150m (110 million). 6. Jerry Jones has a net worth of $15.8 billion according to Forbes. Then, inMarch 1994, after the Cowboys had won their second Super Bowl under Johnson, Jones upset Johnson when he told reporters that any coach could have led the Cowboys to a Super Bowl. He had an estimated net worth of $13 billion in 2020, far more than the third-richest owner (Jerry Jones, $8.6 billion). Before the Cowboys: The early years Dabbling in business while playing football at the University of Arkansas in the 1960s, Jones honed his skills by selling life insurance to businessmen and. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. In fact, Joness final game as a college football star was the 1965 Cotton Bowl, where he helped the team finish an undefeated season with a win against Nebraska. I didn't do this for that. [32], Jones is the subject of the 2008 book Playing to Win by David Magee. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. Think mega-rich. LikeSportscastingon Facebook. $2.5 billion, according to our most recent tally. He became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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The Cowboys face lots of questions about their roster before Week 1 of the 2023 NFL season arrives. The Cowboys havent come close to winning a title in quite a while. Jerral Wayne Jones was born on October 13, 1942 (age 79 years) in Los Angeles, California, United States. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. [21] During Jones' tenure, the Cowboys have appreciated in value to an estimated $5.5 billion, turning its owner into a billionaire in the process. People may receive compensation for some links to products and services on this website. Jones owns a home in Destin, Florida. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. Jones was inducted into the Pro Football Hall of Fame in 2017. 1.75m. He could have gone dead-dog broke on this.". Trumps attacks against Fox News come as the right-wing network faces a $1.6 billion defamation lawsuit alleging its hosts knew Trumps election fraud claims were false. Related by education: University of Arkansas. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. "Then we went down a second time, Stephen came along, and we interviewed [longtime Cowboys president/general manager] Tex Schramm and a few of the financial folks with the team. American billionaire businessman and owner of the Dallas Cowboys, 1964 Arkansas Razorbacks footballFWAA national champions, securing Fox as the NFC's primary broadcaster, "Only known remaining image of the store in which Jerry Jones grew up - Best of Arkansas Sports", "Arminta Jones Obituary - Springfield, MO | News-Leader", "Prominent Alumni - Kappa Sigma Fraternity", "New Cowboys Owner Fires Landry, Hires Jimmy Johnson, "Arkansas Celebrates 1964 National Title Team", Former Razorback Jerry Jones meets with Arkansas players College Football ESPN, "Jerry Jones asked Hoffa's Teamsters for a loan to buy the Chargers in 1966", "Jerry Jones Sports Biography, Photos & Rise to Success", "Dallas Cowboys, New York Yankees form joint concessions venture", "When Jerry Jones bought the Dallas Cowboys they were losing $1 million per month and now it is the most valuable team in the world", "1989 Dallas Cowboys Statistics and Players", "1960 Dallas Cowboys Statistics and Players", "Super Bowl XXVII - Dallas Cowboys vs. Buffalo Bills - January 31st, 1993", "Super Bowl XXVIII - Dallas Cowboys vs. Buffalo Bills - January 30th, 1994", "Super Bowl XXX - Pittsburgh Steelers vs. Dallas Cowboys - January 28th, 1996", "29 years ago yesterday, Jerry Jones bought the Cowboys. Do not duplicate in any form without permission of the Dallas Cowboys. All Rights Reserved. Louis. That night was the first time anyone ever mentioned the internet to me. How Much is Dallas Cowboys Owner Jerry Jones Net Worth? This was Jones' first fine by the NFL. Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. He and his family were set, for generations really. As they stood there, the bar jam-packed with people, Dixon said, "You realize that this is the last time you're ever going to be able to walk in a bar and no one knows you. At Arkansas, Jones' teammate was Jimmy Johnson, whom Jones would later hire as his first head coach after he purchased the Cowboys. Market Realist is a registered trademark. The defense may not be elite, but it certainly has a few exciting pieces. ** John Mara, 59, and Steve Tisch, 65, each own 50 percent of the Giants. All Rights Reserved. The NFL team is valued by Forbes at $5.7bn, making it the most valuable sports team in the. Oh, and overnight Jones became the most hated man in Dallas, if not the sports world. The majority of Jones's fortune is derived from his ownership of the Dallas Cowboys, the National Football League franchise he purchased in 1989 for a then-record $150 million, Jones said. 1 everywhere except for in his home state. Jones was born in Los Angeles, California, to John "Pat" and Armenita Jones. He tried to start several businesses in the late 60s. Ironically, after contending for the Lombardi Trophy on a yearly basis for two decades, the Patriots dont look close to capturing title No. Nov. 23 at 6:00 a.m. On the first day of classes at North Little Rock High, a crew-cut sophomore named Jerral Wayne Jones found his spot among a phalanx of . They had big plans," Jerry Jones Jr. says. Jerry Jones is a well-known American billionaire businessman and is better known as the owner of the Dallas Cowboys of the National Football League (NFL). "That was one of the most exciting nights of my career. Meanwhile, the Patriots have a mix of aging veterans on their last legs (Donta Hightower, Devin McCourty, Kyle Van Noy), a few high-upside youngsters (Josh Uche, Kyle Dugger), and some solid established starters (J.C. Jackson and Adrian Phillips). After graduating from college in 1965, Jones borrowed a million dollars from the Teamsters union (which was run by Jimmy Hoffa at the time) to open up a number of Shakey's Pizza restaurants in Missouri. Theses are the Book Of Boba Fett episodes you need to watch before The Mandalorian Season 3. But thats just part of his story. As you know, the Cowboys have not gone to the playoffs in several years, the owner said. But if you do, you'll never get the opportunity if you don't make the Cowboys work. "Why would I play for another four hours when the deal was done?" He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. The woman is the daughter of a former airline employee that Jones met in Little Rock, Arkansas. Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. Over the past four years, Jones has made more than 300% on oil and gas assets he acquired in North Dakota, compared to "just" a 58% gain in the value of the Cowboys over that same time. He received his master's degree in business in 1970. The Dallas Cowboys is based in the Dallas-Fort Worth metroplex. Just five years ago, the Cowboys accounted for 85% of his $5.2 billion net worth. Jerry Jr. is the chief sales and marketing officer, as well as vice president of the Cowboys. [3] Jones was a running back at North Little Rock High School, graduating in 1960. Per Forbes' real time net worth tracker, Jerry Jones' net worth is $10.4 billion (7.6 billion) as of 21 September, 2021. [25], In an online poll from October 8, 2003, Jones was named the least-favorite sports personality by Sports Illustrated, in three states (Virginia, Delaware, and Texas). Johnson was replaced by another University of Arkansas alum, Barry Switzer, who won Super Bowl XXX in the 1995 season for Jones and the Cowboys. Jerry Jone's Wife | Net Worth. Jerry Jones has been the owner of the Dallas Cowboy since 1989. Also, the value of an NFL franchise is bound to change depending on the popularity and performance of the team. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. Honestly, that wasn't even the bad news. Another blunder like that might mean the premature end of the five-year contract he signed in. The gains. 2023 Forbes Media LLC. "I think a lot of people had this view of Jerry being a guy that's coldblooded and didn't respect Tom, and it was just the opposite. Jones' Dallas Cowboys have been on the top of Forbes' list of most valuable NFL teams since 2018. Jones also initially promised head coach Bill Parcells complete control over football matters; however, their relationship broke down after Jones signed controversial wide receiver Terrell Owens. Today the team is worth at least $6.5 billion. He is the son of Arminta Jones and J.W. At 14,000 square feet, with two stories, the mansion includes six bedrooms, seven bathrooms, a swimming pool, spa, tennis court, and marble floors. It was because of him and what he accomplished and the way he accomplished it that I wanted to buy the Cowboys," Jones says. Requests for money and other expenses exceeded the amount that Jones agreed to pay in the trust agreement between the parties by nearly $1 million over the years, including $33,000 for a "Sweet 16" birthday party, which was featured on the reality TV show Big Rich Texas. [29] There was particular criticism of Jones over his conflict with head coach Jimmy Johnson, as Jones "wanted Cowboys fans to know he had helped build those Super Bowl-winning teams", while "Johnson insisted that he made all of the personnel moves" because he had the final say in football matters and refused to relinquish this power. Jerry Jones is an American billionaire who owns the NFLs Dallas Cowboys. Jerry Jones megayacht is worth $250 million. At times it was exciting, but the difficultly and stress was outweighing that more times than not. It was revealed last week that Jerry Jones attended a protest against desegregation in 1957, which the billionaire owner of the worlds most valuable sports team chalked up to his teenage curiosity. In one scene, Jones is depicted as having huge, bulging chameleon-like eyes, as a young woman's head pops up from his lap. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. [47] Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice president. At least, not where it really matters in the pro football world. Put another way: Winning, it turns out, isn't everything. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are. A former football player himself, Jones played for the. As the Cowboys focus on improving the team in 2023, they do so by accepting the harsh reality that Stephen Jones admits, the Cowboys were successful in 2022, but not "good enough.". His most valuable holding is the Dallas Cowboys, which he bought for $150 million in 1989. He attended North Little Rock High School followed by the University of Arkansas on a football scholarship. His vision extends far beyond success on the football field. Jerry Jones bought the Dallas Cowboys on February 29, 1989, for $140 million. Offers may be subject to change without notice. Explore Jerry Jones's Bio-Wiki, net worth & salary in 2023. All this is old hat now, but no one was talking about it in 1989. Here are some of our favorite stories from this year at the intersection of sports and business. This guy was so far beyond what anyone else was thinking at the time. [8], Jones is one of a very small number of NFL owners who had a significant level of success as a football player.[9]. But there's also underlying value. All rights reserved. He was talking about branding, TV contracts, independent deals of the NFL, naming rights for stadiums, sponsorships. That experiment failed and Jones went to work at Modern Security Life of Springfield, his father's insurance agency. Please logout and login again. [7] A few months later, he fired longtime general manager Tex Schramm, and assumed complete control over football matters. However, even though Jones boasts a net worth in excess of $10 billion and has Americas Team as part of his financial portfolio, he still falls short where it really matters to one of his peers with a little less spending power. Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. FRISCO, Texas It's a crossover many probably didn't see coming. And there is no restriction on accomplishing those dreams. More NFL offseason: League minicamp dates | Latest news, notes. Hunt Family It was more a curious thing. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. [50] Jones has paid nearly $3 million to the woman and her mother, which included the woman's full tuition at Southern Methodist University and a $70,000 Range Rover on her 16th birthday. Bum Bright offered to do that for Jerry, and in hindsight, he should've let him before he ever bought the team. Being worth billions of dollars, Jerry Jones has been known to undertake Presidential endorsement and had endorsed Donald Trump earlier. However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. They have three children, Stephen, Jerry Jr., and Charlotte. He was on his way to reshaping the NFL.". We welcome all corrections and feedback using the button below. He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. 11:00 am ET, Former NFL GM offers take on Jalen Carter situation, Bucs GM doubts Brady unretires, will keep flashlight on, Rodgers emerges from dark with latest on 2023 decision, Jalen Carter absent from combine media amid charges, Gardner-Johnson calls out former Eagles coach, Report: Snyder charged team $4.5M for logo on his jet, Jerry Jones bought Cowboys for $140 million, now worth $2.3 billion, Ranking 32 QB situations entering free agency, Mock: Panthers trade up, Ravens deal Lamar, Best team fits for the top free agents at each position, Gardner-Johnson calls out ex-Eagles coach in tweet. Copyright 2023 Endgame360 Inc. All Rights Reserved. [8] Several future head coaches were assistant coaches for Broyles on the Razorbacks' staff during Jones' college career in Fayetteville, including three more members of the College Football Hall of Fame: Hayden Fry (Southern Methodist University, North Texas State University, and the University of Iowa); Johnny Majors (Iowa State University, University of Pittsburgh, and the University of Tennessee), and Barry Switzer (University of Oklahoma, and later head coach of the Cowboys under Jones). Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. But he was . In 2019, the company picked up another 60 acres nearby. Besides his stake in the Dallas Cowboys, Jerry Jones' Jones Oil and Land Lease, as well as his stint as the vice president of Modern Security Life Insurance Co . He wasn't interested, which I totally understood. This thing is too visible. I do think my mom was hoping he was going to relax, become a little more laid back.". Apart from owning the Dallas Cowboys, Jerry Jones made his first million in oil investments in the 1970s. He purchased the Dallas Cowboys franchise 31 years back for $60 million. I did it to have the stuff that money gets. Obviously, though, parting ways with a few picks turned out to be an absolute steal. After several other unsuccessful business ventures (including an attempt, again using Teamsters money, to purchase the American Football League's San Diego Chargers in 1967),[10] he began an oil and gas exploration business in Arkansas, Jones Oil and Land Lease, which became successful. Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion.Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value.He was laughed at for the former, but not the latter. An avid art collector, Jones' collection includes Norman Rockwell's "Coin Toss" as well as paintings by Picasso, Renoir and Matisse among others. "He bought the franchise in 1989 for $150 million and has since added a number of big-ticket . Needless to say, he made a smart business decision to buy the Cowboys back in 1989. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are next at $1.8 billion). Although the Cowboys havent experienced much playoff success since, they remain the most valuable franchise in the NFL. Jerry Jones' yacht is worth a whopping $250 million. He's not happy unless he's pleasing everyone. The Cowboys is currently valued at $5 billion. [27], Some of the fan criticism is due to Jones' high visibility and involvement as the "face of the team",[28] a contrast to both Bright and the Cowboys' original owner, Clint Murchison Jr. Jones' prominent role has led to fans expressing displeasure with Jones and the lack of success of the franchise, with particular criticism of Jones' serving as his own general manager. And on some level, he seems OK with that. His most valuable asset, of course, is the Dallas Cowboys franchise. [40] He reappears in the season 21 episode "Moss Piglets. The Gene and Jerry Jones Family Arlington Youth Foundations mission is to enhance the quality of life for youth in the City of Arlington by funding programs and facilities dedicated to football and athletics, health and wellness, education and the arts through complementary grants. Jerry Jones net worth 2022. Following Jones is Rams owner Stan Kroenke, who has dropped down to "only" $8.2 billion, with Forbesestimating he has lost 18 percent of his wealth in the last year. Up another 60 acres nearby top of Forbes ' list of most valuable in! 'S pleasing everyone attended North Little Rock, Arkansas ever mentioned the internet to.! Is $ 10- $ 19 million as of February 2023 their roster before Week 1 of Cowboys! Last year, according to Forbes estimates five years ago, he made a smart business to... 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