Dallas Cowboys owner Jerry Jones is known to have made big splash in the financial world, with his biggest business success being the acquisition of the Dallas Cowboys.
In 1989, Jones bought the NFL franchise for $ 150 million after making his fortune in Texas state oil and gas. Today, the team he bought over 30 years ago is now worth $ 6.5 billion and continues to make headlines on and off the pitch.
One of Jerry Jones’ other accomplishments since taking over the franchise is the stadium. The AT&T stadium is a masterpiece. Originally thought to be built for $ 650 million, the cost of building the stadium rose to $ 1.15 billion, making it one of the most expensive sports stadiums ever built.
Capable of welcoming 100,000 fans and expandable to 134,000, the stadium is a beacon of the sporting world. Having hosted several high-profile events such as WrestleMania, Super Bowl XLV between the Green Bay Packers and the Pittsburgh Steelers, as well as a host of college bowl games, this is the Mecca of the NFL.
What is Jerry Jones’ net worth?
The Dallas Cowboys owner has a net worth of $ 10.5 billion in 2021. After graduating from college in 1965, Jerry Jones opened a slew of Shakey’s Pizza restaurants that failed as a business. After that he got a job with his father for his insurance company called Modern Security Life of Springfield.
After borrowing money from Jimmy Hoffa’s Teamsters Union (previously to open Shakey’s Pizza), Jones tried to buy the San Diego Chargers in 1967. It failed again and that’s when his attention turned to oil and gas.
In 1970 Jones received his master’s degree in business and his business enterprise began in Arkansas. Jones started his own private resource prospecting company called Jones Oil and Land Lease, which has been very successful.
Jerry Jones then formed a partnership with Yankee Global Enterprises in 2008 and created Legend’s Hospitality. It is a retail, merchandise, food and beverage stadium operating company that serves numerous entertainment venues around the world.
Currently one of the richest men in the NFL, Jones shows no signs of slowing down.