Stanley Kroenke
USINFO | 2013-12-23 13:29

Net Worth$5.3 B As of September 2013

At a Glance
Age: 66
Source of Wealth: sports, real estate, self-made
Residence: Columbia, MO
Country of Citizenship: United States
Education: Bachelor of Arts / Science, University of Missouri; Master of Business Administration, University of Missouri
Marital Status: Married
Children: 2

Forbes Lists
#84 Forbes 400
#92 in 2012
#248 Billionaires
#76 in United States

Profile
Forbes 400: September 2013Billionaires: March 2013Forbes 400: September 2012Billionaires: March 2012Forbes 400: September 2011Billionaires: March 2011Forbes 400: September 2010Billionaires: March 2010Forbes 400: October 2009Billionaires: March 2009

Sports and real estate mogul Stan Kroenke is embroiled in a legal battle with Michael Staenberg, with whom Kroenke founded THF Realty in 1991. The company stood for "To Have Fun," but neither partner is having much these days as they attempt to separate their interests in the 20 million square foot shopping mall development company. The billionaire also has his Kroenke Group, which includes a separate, secretive real estate development company as well as self-storage company StorageMart. On the sports side, Kroenke has leveraged his shopping mall riches into ownership of the NBA's Denver Nuggets, the NHL's Colorado Avalanche, the NFL's St. Louis Rams, and the Premier League soccer club Arsenal. In November 2012, he paid $132 million for the Broken O Ranch, a 124,000-acre Montana farm, to his expansive property portfolio. His wife Ann Walton Kroenke is the niece of Wal-Mart founder Sam Walton and billionaire in her own right.


 

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