Jerry Buss Wiki, Wikipedia, West Press Conference, Jewish, Second Wife, Net Worth, Children, Cause of Death, Daughter, Mother, Young

Jerry Buss Wiki, Wikipedia, West Press Conference, Jewish, Second Wife, Net Worth, Children, Cause of Death, Daughter, Mother, Young

Jerry Buss Wiki, Wikipedia, West Press Conference, Jewish, Second Wife, Net Worth, Children, Cause of Death, Daughter, Mother, Young -: When we talk about basketball legends, the name Jerry Buss shines as bright as the court’s floodlights during an intense game. He wasn’t just an ordinary basketball enthusiast; he was the man behind the scenes, the architect of the legendary Los Angeles Lakers. With 17 NBA Championships under their belt, the Lakers hold the record for the most championships in NBA history, and Jerry Buss was the driving force behind their success. In this article, we’ll delve into the life and legacy of this remarkable individual.

Jerry Buss Wiki, Wikipedia, West Press Conference, Jewish, Second Wife, Net Worth, Children, Cause of Death, Daughter, Mother, Young
Jerry Buss Wiki, Wikipedia, West Press Conference, Jewish, Second Wife, Net Worth, Children, Cause of Death, Daughter, Mother, Young

Jerry Buss Bio

Full NameGerald Hatten Buss
BirthdateJanuary 27, 1933
Place of BirthSalt Lake City, Utah, USA
Death DateFebruary 18, 2013
Place of DeathLos Angeles, California, USA
Age at Death80 years old
Family– Spouse: JoAnn Mueller (Divorced in 1972)
– Children: Johnny, Jim, Jeanie, Janie
Additional Children– Joey and Jesse (from a different relationship)
Career– Chemist
– Real Estate Investor
Sports Ventures– Owner of Los Angeles Lakers
– Owner of Los Angeles Kings (NHL)
– Owner of The Forum (Indoor Arena)
– Operator of Los Angeles Sparks (WNBA)
Notable Achievements– 17 NBA Championships with the Lakers
– Shaped the “Showtime Lakers” era
Legacy– Continued involvement of his children in the Lakers organization
– Estimated net worth of $600 million (in 2021)
Health Challenges– Hospitalization in 2012 due to undisclosed intestinal issues
– Battled cancer from 2012 onwards
Cause of DeathKidney failure due to ongoing health issues
Burial PlaceForest Lawn Memorial Park (Hollywood Hills)
Net WorthEstimated at $600 Million

Jerry Buss Early Life and Education

Jerry Buss, whose full name is Gerald Hatten Buss, was born on January 27, 1933, in Salt Lake City, Utah, USA. He grew up to become a businessman, investor, chemist, and philanthropist. But before he became the influential figure we know him as, he started his journey in a rather different field. Buss initially worked as a chemist for the Bureau of Mines. However, his ambition and drive would soon lead him down a different path.

Jerry Buss Bio

Jerry Buss Family and Relationships

Buss’s personal life was as colorful as the Lakers’ iconic purple and gold uniforms. He was initially married to JoAnn Mueller, although their union ended in divorce in 1972. Together, they had four children: Johnny, Jim, Jeanie, and Janie. However, Jerry’s family extended beyond his immediate circle. He had six children in total, including Joey and Jesse, from his relationship with girlfriend Karen Demel. These two children also became involved with the Lakers organization, ensuring that the Buss family remained a vital part of the team’s legacy.

Jerry Buss Family and Relationships

Jerry Buss Cause of Death

Jerry Buss passed away due to kidney failure, which was a result of ongoing health issues. He died on February 18, 2013, in Los Angeles, California, at the age of 80.

The Path to Success

Jerry Buss was not content with being just a chemist. He had bigger dreams and an entrepreneurial spirit that couldn’t be contained. He ventured into real estate investment, and it turned out to be a decision that would change his life. Alongside his business partner, Frank Mariani, Buss formed Mariani-Buss Associates, a real estate investment company. This move catapulted him to success.

In 1979, Buss made a significant purchase when he acquired Pickford, the Beverly Hills estate. His real estate ventures proved to be immensely profitable. He also dipped his toes into the world of entertainment by producing the movie “Black Eye” in 1974. Jerry Buss wasn’t just a one-dimensional businessman; he had a diverse portfolio.

Jerry Buss Challenges and Health Battles

Jerry Buss faced his fair share of challenges, both personally and health-wise. In 2012, he had to be hospitalized for several months due to an undisclosed intestinal issue. Tragically, it was revealed that he had been battling cancer since that same year. Despite his struggles, he continued to fight and persevere.

However, the battle against illness took its toll, and Jerry Buss passed away on February 18, 2013, in Los Angeles, California, at the age of 80. He succumbed to kidney failure as a result of his ongoing health issues. His death marked the end of an era in the basketball world.

Jerry Buss Legacy and Net Worth

Jerry Buss’s legacy continues to live on through his children. Following his passing, his 66% controlling ownership of the Los Angeles Lakers was distributed among his six children, each of whom received an equal vote of 11%. This ensured that his influence on the team remained even in his absence.

In terms of wealth, Jerry Buss was a shrewd investor and businessman. He started with a modest investment in a 14-unit rental apartment in West Los Angeles, which eventually grew into a $350 million real estate empire. The Lakers, under his ownership, became one of the most valuable sports franchises, with an estimated worth of over $5.5 billion.

As of 2021, Jerry Buss’s estimated net worth stood at an impressive $600 million, a testament to his financial acumen and the success he achieved throughout his career.

Jerry Buss Family and Relationships

Remembering a Legend

Jerry Buss’s life journey is a testament to what hard work, ambition, and a passion for sports can achieve. From his humble beginnings as a chemist to becoming one of the most influential figures in the world of basketball, he left an indelible mark on the sport and the city of Los Angeles. His legacy lives on not only through the Lakers but also through his children, who continue to carry the torch of his success.

Conclusion

Jerry Buss’s story is a remarkable one, filled with triumphs, challenges, and an enduring love for the game of basketball. He will forever be remembered as a basketball legend and a visionary owner who brought glory to the Los Angeles Lakers. Jerry Buss, a name etched in the annals of sports history, will continue to inspire generations to come.

FAQ

Who owns the LA Lakers now?

The Los Angeles Lakers are owned by Jeanie Buss, who is the controlling owner and president of the team.

How much did Jerry Buss pay for the Lakers?

Jerry Buss purchased the Los Angeles Lakers in 1979 for approximately $67.5 million.

How many rings did Jerry Buss win?

Under Jerry Buss’s ownership, the Los Angeles Lakers won a total of 10 NBA Championships.

Who will inherit the Lakers?

Following Jerry Buss’s passing, his ownership stake in the Lakers was divided among his six children, with each of them receiving an equal vote of 11%. Jeanie Buss, one of his children, has taken on the role of controlling owner and president.

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