Last Updated: 28 Mar, 2024 | Views: 579
Age: 77
Profession: Business Men
Other Profession(s): Entrepreneur, Businessperson
Famous For: Founder of the Kroenke Group
Higher Education: Graduated
Net Worth: $12.9 billion
About (Profile/Biography)
Stan Kroenke is an American businessman and team owner. Stan is the owner of Kroenke Sports & Entertainment. The sports business has been significantly impacted by Kroenke, who holds investments in basketball, ice hockey, football, and soccer. Through his enormous assets and lucrative ventures, Kroenke has considerably impacted the economic and sports worlds.
Stan Kroenke's Business Career:
In 1983: Stan established the real estate development company Kroenke Group. He focused on residential and commercial properties, gradually expanding his portfolio and establishing a reputation for his keen business acumen.
In 1991: Kroenke expanded his business ventures by entering the sports industry. He acquired a minority stake in the professional basketball team Denver Nuggets.
In 1999: Kroenke increased his involvement in the sports world by acquiring a majority ownership stake in the Denver Nuggets, solidifying his position in the NBA.
In 2000: Kroenke acquired full ownership of the Colorado Avalanche and Denver Nuggets.
In 2003: By purchasing a majority stake in the London, England-based Arsenal Football Club, a Premier League team, Kroenke made a massive move in the sports industry.
In 2010: The St. Louis Rams, an NFL-affiliated American football team, now have Stan Kroenke as their majority shareholder. He relocated the group to Los Angeles, California. Kroenke gave them the new title, Los Angeles Rams.
Stan Kroenke's Other Ventures:
Outside of his sports holdings, Stan Kroenke has been involved in various other business ventures. Kroenke has also shown an interest in the media industry, owning a significant stake in the Outdoor Channel, a cable television network focused on outdoor recreational programming.
Stan Kroenke's Professional Sports:
Stan Kroenke's ownership of various professional sports teams includes:
• Denver Nuggets (NBA)
• Colorado Avalanche (NHL)
• Los Angeles Rams (NFL)
• Arsenal Football Club (Premier League).
Stan Kroenke's Awards and Honors:
As the owner of the Avalanche, Stan Kroenke has won the Stanley Cup.
Stan Kroenke has won two championships in the National Lacrosse League as owner of the Colorado Mammoth.
Stan Kroenke's Personal Life:
Ann Walton Kroenke, a member of the Walton family (the Walmart founders), is married to Stan Kroenke. The pair is well recognized for their generosity and participation in numerous humanitarian activities.
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