Buss Family Net Worth (Updated 2025).
The Buss family, hailing from the bustling city of Los Angeles, California, began their journey to fame in the world of entertainment and media. Jerry Buss, the patriarch, initially made his mark as a chemist, but his entrepreneurial spirit led him to explore other ventures. In the 1970s, he purchased the Los Angeles Lakers, a struggling NBA team, marking the beginning of the Buss family’s foray into the sports industry.
The family’s influence and fame grew exponentially with the success of the Lakers. Jerry Buss’s innovative strategies, such as introducing showtime basketball and transforming games into entertainment spectacles, drew in massive crowds and media attention. His children, Jim, Jeanie, and Johnny, took on active roles in the family business, further solidifying the Buss family’s presence in the sports world.
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Buss Family’s Current Net Worth (2025)
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The Buss family, led by Jeanie Buss, has an estimated net worth of $500 million as of 2025. This significant wealth is primarily attributed to their ownership and management of the Los Angeles Lakers, one of the most valuable and iconic franchises in the NBA.
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Career
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The Buss family’s involvement in the Lakers began with patriarch Jerry Buss, who purchased the team in 1979. Under his leadership, the Lakers became one of the most successful franchises in NBA history, winning 10 championships. His children, Jim, Johnny, and Jeanie, have since taken over the family business, with Jeanie serving as the current controlling owner and president of the Lakers.
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Other Ventures
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In addition to their involvement in the Lakers, the Buss family has diversified their business interests. Jeanie Buss is also a co-owner of the Los Angeles Sparks of the WNBA, further demonstrating her commitment to women’s sports. The family has also invested in real estate and other business ventures, contributing to their overall net worth.
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Assets
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The Buss family’s assets include a significant stake in the Los Angeles Lakers, valued at over $4 billion. They also own several properties, including the Lakers’ practice facility and Jeanie Buss’s personal residence in Los Angeles. Their investment portfolio includes stakes in various businesses and real estate ventures.
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Annual Income
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The Buss family’s annual income is largely derived from their ownership of the Lakers. As of 2021, the Lakers were valued at over $4 billion, with the family owning a significant stake in the franchise. The team’s annual revenue, including ticket sales, broadcasting rights, and sponsorships, contributes significantly to the family’s overall income. Additionally, the family’s other business ventures and investments also generate annual income.
Frequently Asked Questions about Buss Family
**FAQs: Buss Family Net Worth**
1. What is the Buss Family’s net worth?
The Buss Family’s net worth is estimated to be around $5 billion.
2. Who are the members of the Buss Family?
The Buss Family is primarily composed of the late Dr. Jerry Buss, his six children (Johnny, Jim, Jeanie, Janie, Joey, and Jesse), and their respective families.
3. How did the Buss Family make their fortune?
The Buss Family’s fortune was primarily amassed through the late Dr. Jerry Buss’ ownership of the Los Angeles Lakers, a professional basketball team in the NBA. He also owned several other businesses, including real estate and aerospace companies.
4. Who currently owns the Los Angeles Lakers?
The Los Angeles Lakers are currently owned by the Buss Family Trust, with Jeanie Buss serving as the controlling owner and President of Basketball Operations.
5. What is Jeanie Buss’ role within the Buss Family and the Lakers?
Jeanie Buss is the President of Basketball Operations and the Alternate Governor of the Los Angeles Lakers. She is also the controlling owner of the team, having taken over these roles from her father, Dr. Jerry Buss, after his passing.
6. How much is Jeanie Buss worth?
Jeanie Buss’ net worth is estimated to be around $600 million.
7. What other businesses does the Buss Family own?
The Buss Family has interests in various businesses, including real estate, aerospace, and entertainment. They also own the Los Angeles Kings, an NHL hockey team, and have investments in other sports teams and ventures.
8. How much is the Los Angeles Lakers franchise worth?
The Los Angeles Lakers franchise is currently valued at around $4.6 billion, according to Forbes.
9. Who is the wealthiest member of the Buss Family?
As of the latest estimates, the wealthiest member of the Buss Family is Jeanie Buss, with a net worth of around $600 million.
10. How has the Buss Family contributed to the community?
The Buss Family has contributed to various charitable causes and community initiatives, including supporting education, healthcare, and social services in the Los Angeles area. They have also been involved in efforts to promote diversity and inclusion in sports and business.
