Larry Dolan Net Worth (Updated 2025).

Larry Dolan, a prominent figure in the world of sports and business, began his career in the legal field. Born and raised in Cleveland, Ohio, Dolan graduated from Harvard Law School and initially worked as an attorney. However, his passion for sports, particularly baseball, led him to a different path.

In 1999, Dolan made a significant move that would eventually bring him fame. He purchased the Cleveland Indians, a Major League Baseball team, from Richard Jacobs. This marked the beginning of his journey in the sports industry, a field where he would make a substantial impact.

Larry Dolan’s Current Net Worth (2025)

As of 2025, Larry Dolan’s current net worth is estimated to be around $1.5 billion. This significant figure is a testament to his successful career in business and investments.

Career

Larry Dolan is a prominent businessman, best known for his role as the former owner of the Cleveland Guardians, previously known as the Cleveland Indians. Prior to his sports ownership, Dolan held various executive positions in the banking industry, including serving as the CEO of National City Bank. He also co-founded Dolan & Associates, a private investment firm.

Other Ventures

Beyond his business and sports career, Dolan has been involved in various philanthropic endeavors. He serves on the boards of several charitable organizations and has donated generously to educational and healthcare institutions. Additionally, he has been a significant political donor, contributing to both Democratic and Republican candidates.

Assets

Dolan’s assets include real estate, investments in various industries, and his former stake in the Cleveland Guardians. He owned the team from 2000 to 2022, during which time he oversaw several successful seasons and a World Series appearance in 2016. His real estate portfolio includes properties in Cleveland and other parts of Ohio, as well as in Florida.

Annual Income

Larry Dolan’s annual income varies year to year, primarily due to the performance of his investments and any dividends received from his business ventures. However, as a billionaire with diverse investments, his annual income is likely to be substantial. Since selling the Cleveland Guardians in 2022, his income may have shifted more towards his investment and philanthropic activities.

Frequently Asked Questions about  Larry Dolan

**Frequently Asked Questions: Larry Dolan Net Worth**

1. **Who is Larry Dolan?**

Larry Dolan is an American businessman and the former owner of the Cleveland Guardians (formerly the Cleveland Indians), a Major League Baseball (MLB) team.

2. **When did Larry Dolan buy the Cleveland Indians?**

Larry Dolan purchased the Cleveland Indians in 2000 from Richard Jacobs.

3. **What is Larry Dolan’s net worth?**

Larry Dolan’s net worth is estimated to be around $1.5 billion.

4. **How did Larry Dolan make his fortune?**

Larry Dolan made his fortune through various business ventures, including real estate and investments. He is also the founder of Dolan Media Company, which owns several media outlets.

5. **Is Larry Dolan still the owner of the Cleveland Guardians?**

No, Larry Dolan sold the Cleveland Guardians to a group led by former Guardians pitcher Derek Shelton in November 2022.

6. **What is Larry Dolan’s age?**

Larry Dolan was born on October 15, 1937, making him 85 years old.

7. **Where did Larry Dolan grow up?**

Larry Dolan was raised in Cleveland, Ohio.

8. **Did Larry Dolan play baseball?**

No, Larry Dolan did not play professional baseball. He is a businessman by profession.

9. **What is Larry Dolan’s educational background?**

Larry Dolan graduated from the University of Notre Dame with a Bachelor of Science degree in business administration.

10. **What other teams has Larry Dolan owned?**

Before owning the Cleveland Guardians, Larry Dolan owned the Cleveland Cavaliers of the National Basketball Association (NBA) from 1983 to 2005. He also owned the Akron RubberDucks, a Minor League Baseball team, from 2016 to 2022.