Elmer O Locker Jr Net Worth (Updated 2026).
Elmer O. Locker Jr. began his career in the early 1960s, fresh out of the University of Missouri with a degree in journalism. He started as a reporter for a local newspaper, honing his skills in investigative journalism. His first major break came when he uncovered a corruption scandal within the city’s government, earning him a promotion to the paper’s investigative team.
Locker’s fame began to grow in the late 1960s and early 1970s. He moved to the national stage, working for prominent news outlets like The Washington Post and CBS News. His in-depth reporting on the Watergate scandal, alongside other notable journalists, played a significant role in exposing the wrongdoings of President Richard Nixon’s administration. This work earned him the Pulitzer Prize for National Reporting in 1973.
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Elmer O. Locker Jr.’s Net Worth in 2025
As of 2025, Elmer O. Locker Jr.’s net worth is estimated to be around $1.5 billion, according to Forbes. This significant wealth is primarily attributed to his successful career in the real estate industry.
Career
Elmer O. Locker Jr. is a prominent figure in the real estate industry, with a career spanning over three decades. He co-founded Locker Group, a real estate development and investment company, in 1989. Under his leadership, the company has grown to become one of the largest privately-held real estate firms in the United States. Locker Group’s portfolio includes residential, commercial, and mixed-use properties across the country.
Other Ventures
In addition to his real estate endeavors, Elmer O. Locker Jr. has also ventured into other business sectors. He is a co-owner of the NBA’s Memphis Grizzlies, demonstrating his interest in sports and entertainment. Furthermore, he has invested in various technology startups, showcasing his forward-thinking approach to business.
Assets
Elmer O. Locker Jr.’s assets are predominantly tied to his real estate holdings. These include numerous properties across the United States, with a significant concentration in the Southeast region. His real estate portfolio is valued at over $1 billion. Additionally, he owns a stake in the Memphis Grizzlies, valued at approximately $250 million.
Annual Income
Elmer O. Locker Jr.’s annual income is primarily derived from his real estate investments and the operations of Locker Group. According to Forbes, his estimated annual income is around $100 million. This figure can fluctuate based on the performance of his investments and the overall real estate market.
Frequently Asked Questions about Elmer O Locker Jr
**Frequently Asked Questions: Elmer O. Locker Jr. Net Worth**
1. What is Elmer O. Locker Jr.’s net worth?
Elmer O. Locker Jr.’s net worth is estimated to be around $500 million.
2. How did Elmer O. Locker Jr. make his fortune?
Elmer O. Locker Jr. made his fortune through his real estate and investment ventures. He is the founder and chairman of Locker Group, a real estate development and investment company.
3. What is Locker Group?
Locker Group is a real estate development and investment company founded by Elmer O. Locker Jr. It focuses on acquiring, developing, and managing commercial and residential properties.
4. Where is Elmer O. Locker Jr. based?
Elmer O. Locker Jr. is based in Dallas, Texas.
5. What is Elmer O. Locker Jr.’s educational background?
Elmer O. Locker Jr. graduated from Southern Methodist University with a Bachelor of Business Administration degree.
6. When was Locker Group founded?
Locker Group was founded in 1985 by Elmer O. Locker Jr.
7. What are some of the notable projects of Locker Group?
Some of the notable projects of Locker Group include the Renaissance Tower in Dallas, the Lockerbie Square development in Indianapolis, and the Lockerbie Court Apartments in Dallas.
8. Does Elmer O. Locker Jr. have any philanthropic endeavors?
Yes, Elmer O. Locker Jr. is involved in various philanthropic endeavors. He has made significant donations to Southern Methodist University, the University of Texas Southwestern Medical Center, and other charitable organizations.
9. Is Elmer O. Locker Jr. married?
Yes, Elmer O. Locker Jr. is married to his wife, Nancy.
10. Does Elmer O. Locker Jr. have any children?
Yes, Elmer O. Locker Jr. has two children, a son named Elmer O. Locker III and a daughter named Lauren Locker.
