Suns Owner Net Worth (Updated 2026).
Robert Sarver, born in 1962, began his career in the finance industry, graduating from the University of Arizona with a degree in finance and accounting. He worked his way up the corporate ladder, eventually becoming the CEO of Western Technology Investment, a venture capital firm.
In 2004, Sarver made a significant leap from the finance world to the sports industry when he purchased the Phoenix Suns, an NBA team, for $400 million. This marked the beginning of his rise to fame in the sports world.
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Suns Owner’s Current Net Worth (2025)
As of 2025, the owner of the Phoenix Suns, Robert Sarver, has an estimated net worth of $800 million, according to Forbes. This figure reflects his successful career in real estate and sports team ownership.
Career
Robert Sarver’s career spans over three decades, primarily in real estate development. He founded Western Alliance Bancorporation in 1994, which became one of the largest banks in the Southwest. In 2004, he purchased the Phoenix Suns, and later, the WNBA’s Phoenix Mercury in 2009.
Other Ventures
Besides his involvement in the Suns and Mercury, Sarver is also a prominent real estate investor. He has developed numerous commercial and residential properties across the United States. Additionally, he serves on several corporate boards, including those of Western Alliance Bancorporation and the Arizona Coyotes hockey team.
Assets
Sarver’s assets include the Phoenix Suns and Phoenix Mercury teams, extensive real estate holdings, and significant stakes in various businesses. His primary residence is a luxurious estate in Paradise Valley, Arizona, valued at over $10 million.
Annual Income
As of 2025, Robert Sarver’s annual income is estimated to be around $100 million, primarily from his real estate investments and sports team ownership. His income also includes dividends from his business ventures and other investments.
Frequently Asked Questions about Suns Owner
**Frequently Asked Questions: Suns Owner Net Worth**
1. Who is the current owner of the Phoenix Suns?
Robert Sarver is the current owner of the Phoenix Suns. He purchased the team in 2004.
2. How much is Robert Sarver worth?
Robert Sarver’s net worth is estimated to be around $800 million.
3. What is the primary source of Robert Sarver’s wealth?
Robert Sarver made his fortune through real estate investments and development. He founded Western Alliance Bancorporation in 1994, which he later sold in 2004.
4. How did Robert Sarver become the owner of the Phoenix Suns?
Robert Sarver purchased the Phoenix Suns from Jerry Colangelo in 2004 for $401 million.
5. What other sports teams does Robert Sarver own?
In addition to the Phoenix Suns, Robert Sarver also owns the WNBA’s Phoenix Mercury.
6. Has Robert Sarver’s net worth increased since he became the owner of the Suns?
Yes, Robert Sarver’s net worth has increased since he became the owner of the Suns. The team’s value has grown significantly under his ownership.
7. How much was the Phoenix Suns worth when Robert Sarver purchased it?
The Phoenix Suns were worth $401 million when Robert Sarver purchased the team in 2004.
8. What is the current value of the Phoenix Suns?
The current value of the Phoenix Suns is estimated to be around $1.8 billion.
9. How does the net worth of the Suns owner compare to other NBA team owners?
Robert Sarver’s net worth is lower than many other NBA team owners. For instance, Steve Ballmer, the owner of the Los Angeles Clippers, has a net worth of over $90 billion.
10. Has Robert Sarver’s ownership of the Suns been controversial?
Yes, Robert Sarver’s ownership of the Suns has been controversial at times. He has faced criticism for various decisions and actions during his tenure as owner.
