The Buss Family Trust, a name synonymous with success in the business world, traces its origins back to the early 20th century. It all began with the entrepreneurial spirit of its founder, Jack Buss, who, with a humble investment, started a small real estate business in Los Angeles. His keen eye for opportunity and relentless work ethic laid the foundation for what would become a formidable family empire.

As the business grew, so did the Buss family’s influence. Jack’s children, particularly his son, Jerry, took the reins in the 1970s and expanded the trust’s portfolio to include sports teams, media outlets, and other high-profile investments. The purchase of the Los Angeles Lakers in 1979 marked a significant turning point, catapulting the Buss Family Trust into the public eye and solidifying its status as a powerhouse in the world of business and entertainment.

Buss Family Trust’s Current Net Worth (2025)

The Buss Family Trust, as of 2025, has an estimated net worth of $5 billion, according to the latest available information. This figure reflects the collective wealth of the Buss family, including their business ventures, investments, and assets.

Career

The Buss Family Trust is primarily known for its involvement in the sports industry, particularly through its ownership of the Los Angeles Lakers, a professional basketball team in the NBA. The family’s patriarch, Jerry Buss, purchased the team in 1979 and transformed it into a global brand, winning multiple championships. The family’s career in sports has significantly contributed to their net worth.

Other Ventures

In addition to their involvement in sports, the Buss Family Trust has diversified its portfolio to include real estate, entertainment, and technology investments. They own numerous properties in California, including the L.A. Forum and several office buildings. The family has also invested in film production and technology startups, further expanding their business empire.

Assets

The Buss Family Trust’s assets include a significant stake in the Los Angeles Lakers, valued at over $4 billion. They also own extensive real estate properties, worth hundreds of millions, and have stakes in various businesses and investments. The family’s art collection, which includes pieces by renowned artists like Andy Warhol and Roy Lichtenstein, is also a notable asset.

Annual Income

The Buss Family Trust’s annual income is primarily derived from their ownership of the Los Angeles Lakers, which generates hundreds of millions of dollars annually from ticket sales, merchandising, and broadcasting rights. The family’s real estate portfolio and other investments also contribute significantly to their annual income. However, the exact figures are not publicly disclosed.

Frequently Asked Questions about  Buss Family Trust

Frequently Asked Questions: Buss Family Trust Net Worth

1. What is the Buss Family Trust?

The Buss Family Trust is a family-owned trust established by Jerry Buss, the former owner of the Los Angeles Lakers. It currently manages the family’s business interests and assets.

2. Who is Jerry Buss?

Jerry Buss (1933-2013) was an American businessman and philanthropist. He was the majority owner of the Los Angeles Lakers from 1979 until his death in 2013. He was also a real estate developer and a former aerospace engineer.

3. Who are the current beneficiaries of the Buss Family Trust?

The current beneficiaries of the Buss Family Trust are Jerry Buss’s six children: Jeanie, Jim, Johnny, Jesse, Janie, and Joey.

4. What is the Buss Family Trust’s net worth?

The Buss Family Trust’s net worth is estimated to be around $5 billion.

5. How did the Buss family amass their wealth?

The Buss family’s wealth comes primarily from Jerry Buss’s ownership of the Los Angeles Lakers, as well as his real estate investments and other business ventures.

6. What other assets does the Buss Family Trust own besides the Lakers?

The Buss Family Trust owns several other assets, including real estate properties, investments in various businesses, and a stake in the Los Angeles Kings hockey team.

7. How is the Buss Family Trust managed?

The Buss Family Trust is managed by a board of trustees, which includes several of Jerry Buss’s children and other family members.

8. What is the role of Jeanie Buss in the Buss Family Trust?

Jeanie Buss, Jerry Buss’s daughter, plays a significant role in the Buss Family Trust. She is the president of the Los Angeles Lakers and has been involved in the family’s business interests for many years.

9. How has the Buss Family Trust been involved in philanthropy?

The Buss Family Trust has been involved in various philanthropic efforts, including supporting education, healthcare, and community development initiatives in the Los Angeles area.

10. What is the future of the Buss Family Trust?

The future of the Buss Family Trust is currently in the process of being determined. The family is working through a legal dispute regarding the trust’s management and the future ownership of the Los Angeles Lakers.