Celtics Owner Net Worth (Updated 2025).
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**Celtics Owner’s Current Net Worth (as of 2025)**
As of 2025, the latest available information estimates the net worth of the Boston Celtics’ owner, Wyc Grousbeck, to be approximately $1.2 billion. This significant figure reflects his successful tenure as the majority owner of the NBA franchise since 2002.
**Celtics Owner’s Career**
Wyc Grousbeck’s career has been marked by his involvement in the sports industry, particularly with the Boston Celtics. Before acquiring the team, he was a co-founder and managing partner of the investment firm, The Kraft Group. He also served as a board member of the Celtics before becoming the majority owner in 2002.
**Other Ventures**
In addition to his role with the Celtics, Grousbeck is also involved in various other ventures. He serves on the board of directors for several companies, including Reebok and the New England Sports Network (NESN). Furthermore, he is a co-owner of the Premier League soccer team, Liverpool Football Club.
**Assets**
Grousbeck’s assets include a significant stake in the Boston Celtics, valued at over $3 billion as of 2021. He also owns a minority stake in Liverpool FC, valued at around $1 billion. Additionally, he owns several properties in the Boston area, including a luxurious home in Chestnut Hill.
**Annual Income**
While the exact annual income of Wyc Grousbeck is not publicly disclosed, it is estimated to be substantial due to his ownership of the Celtics and other ventures. As of 2021, the Celtics were valued at over $3 billion, with an operating income of around $100 million. Grousbeck’s share of this income, along with his other business ventures, contributes to his overall wealth.
Frequently Asked Questions about Celtics Owner
**Frequently Asked Questions**
1. Who is the current owner of the Boston Celtics?
The current owner of the Boston Celtics is Wyc Grousbeck.
2. When did Wyc Grousbeck purchase the Boston Celtics?
Wyc Grousbeck and his partner, Steve Pagliuca, purchased the Boston Celtics in 2002.
3. How much did Wyc Grousbeck pay for the Boston Celtics?
The purchase price for the Boston Celtics in 2002 was $360 million.
4. What is Wyc Grousbeck’s net worth?
Wyc Grousbeck’s net worth is estimated to be $1.2 billion.
5. How did Wyc Grousbeck make his fortune?
Wyc Grousbeck made his fortune as a co-founder and former CEO of the investment firm, Fidelity Investments.
6. What other investments does Wyc Grousbeck have besides the Celtics?
Wyc Grousbeck is also an investor in various tech startups and has interests in real estate.
7. Has Wyc Grousbeck won any awards for his ownership of the Celtics?
Yes, Wyc Grousbeck was named the NBA’s “Basketball Executive of the Year” in 2008.
8. How many championships have the Celtics won under Wyc Grousbeck’s ownership?
The Celtics have won one championship, in 2008, during Wyc Grousbeck’s ownership.
9. What is Wyc Grousbeck’s role in the Celtics’ front office?
Wyc Grousbeck serves as the Governor (owner) of the Boston Celtics, overseeing the team’s operations.
10. What is Wyc Grousbeck’s relationship with the Celtics’ head coach, Ime Udoka?
Wyc Grousbeck and Ime Udoka have a professional relationship, with Grousbeck supporting Udoka’s coaching decisions and leadership of the team.
