MLB richest team owners
Ted Lerner, Washington Nationals
Estimated net worth: $5.7 billion
A prominent real estate developer and founder of Lerner Enterprises, Lerner bought control of the Nationals franchise in 2006 for $450 million. He retired as the team’s “control person” in 2018 and ceded management to his son, Mark Lerner.
Charles B. Johnson, San Francisco Giants
Estimated net worth: $4.8 billion
Johnson, 87, served as the longtime chairman and CEO of investment firm Franklin Templeton before stepping down in 2013. He bought the Giants in 1993 for $100 million.
Mark Walter, Los Angeles Dodgers
Estimated net worth: $3.5 billion
Walter serves as co-founder and CEO of Guggenheim Partners, a global investment firm with more than $275 billion in assets under management, according to its website. Walter led a group of investors who bought the Dodgers out of bankruptcy in 2018.
Arte Moreno, Los Angeles Angels
Estimated net worth: $3.4 billion
A former advertising industry executive, Moreno bought the Angels from the Walt Disney Company in 2003 for $184 million. Moreno is in the process of purchasing the Astros home stadium and the surrounding land for real estate development.
John Middleton, Philadelphia Phillies
Estimated net worth: $3.3 billion
Middleton made his fortune by selling his family tobacco firm, John Middleton Co., to Altria in 2007. He holds a 48 percent majority stake in the Phillies.
Estimated net worth: $5.7 billion
A prominent real estate developer and founder of Lerner Enterprises, Lerner bought control of the Nationals franchise in 2006 for $450 million. He retired as the team’s “control person” in 2018 and ceded management to his son, Mark Lerner.
Charles B. Johnson, San Francisco Giants
Estimated net worth: $4.8 billion
Johnson, 87, served as the longtime chairman and CEO of investment firm Franklin Templeton before stepping down in 2013. He bought the Giants in 1993 for $100 million.
Mark Walter, Los Angeles Dodgers
Estimated net worth: $3.5 billion
Walter serves as co-founder and CEO of Guggenheim Partners, a global investment firm with more than $275 billion in assets under management, according to its website. Walter led a group of investors who bought the Dodgers out of bankruptcy in 2018.
Arte Moreno, Los Angeles Angels
Estimated net worth: $3.4 billion
A former advertising industry executive, Moreno bought the Angels from the Walt Disney Company in 2003 for $184 million. Moreno is in the process of purchasing the Astros home stadium and the surrounding land for real estate development.
John Middleton, Philadelphia Phillies
Estimated net worth: $3.3 billion
Middleton made his fortune by selling his family tobacco firm, John Middleton Co., to Altria in 2007. He holds a 48 percent majority stake in the Phillies.
