![]() ![]() ![]() How he made his billions: Ted Lerner, 96, turned a $250 loan from his wife, Annette, in the 1950s into a real estate empire, founding Lerner Enterprises, currently the largest landowner in the Washington, D.C. (Pablo Martinez Monsivais / Associated Press)Ĭurrent franchise valuation: $1.9 billion The Marlins have not had a winning season since 2009 and have finished last in the NL East in five of the last 10 years. While Sherman is the controlling owner of the team, Jeter was the club’s CEO and ran day-to-day operation of the Marlins before parting ways with the team Feb. Sherman remained at the helm of the firm, whose assets grew to around $30 billion by 2005 before losing $2.4 billion in the 2008 financial collapse.įast facts: Sherman helped finance Yankees Hall of Fame shortstop Derek Jeter’s purchase of the Marlins from Jeffrey Loria. The firm grew to $4.4 billion in assets under management in 1999 and was sold to Legg Mason for $1.4 billion in 2001. How he made his millions: Sherman, 73, co-founded the wealth-management firm Private Capital Management (PCM) in 1985. Nobody can.”Ĭhairman and principal owner: Bruce ShermanĬurrent franchise valuation: $990 million “I never walked into this with the concept of trying to act like George, trying to be everything that George was, because I can’t. “I’m not trying to be George,” Hal told ESPN in 2016. George Steinbrenner died in 2010.įast fact: A wallflower compared to his bombastic father, Hal Steinbrenner has remained largely out of the public eye, preferring to let Yankees President Randy Levine and GM Brian Cashman speak for the team. How he made his billions: Steinbrenner, 52, and his brother, Hank, who died in 2020, inherited the team from their father, George Steinbrenner, the controversial, outspoken former Yankees owner who, in the early 1960s purchased the family’s shipbuilding company that grossed more than $100 million annually in sales. Net worth: $3.8 billion (Steinbrenner family 2020)Ĭurrent franchise valuation: $5.25 billion Managing general partner: Hal Steinbrenner
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