Fanatics Owner Net Worth (Updated 2025).

Fanatics Owner, born Michael Rubin, began his entrepreneurial journey in the late 1990s. He co-founded GSI Commerce, an e-commerce services provider, with his college friend, Zachary Katz, in 1998. The duo started the company out of Rubin’s dorm room at the University of Pennsylvania’s Wharton School, initially focusing on online ticket sales and later expanding into merchandise and marketing services.

Rubin’s break into the public eye came in 2007 when he sold GSI Commerce to eBay for $2.4 billion. Following the acquisition, Rubin served as the President of eBay’s Enterprise division until 2011. In 2011, he founded Fanatics, an online retailer of licensed sports merchandise, with a vision to revolutionize the way sports merchandise is bought and sold. The company has since grown into a multi-billion dollar business, serving as the official online retailer for all major professional sports leagues and thousands of collegiate athletic programs.

Fanatics Owner’s Current Net Worth (2025)

As of 2025, the latest available information pegs the net worth of Fanatics’ owner, Michael Rubin, at an estimated $6 billion.

Career

Michael Rubin, a Philadelphia native, co-founded Fanatics in 2011. He previously co-founded GSI Commerce, an e-commerce services provider, in 1998, which he sold to eBay in 2011 for $2.4 billion. Rubin served as the CEO of Fanatics until 2022, when he stepped down to focus on his investment firm, Kynetic.

Other Ventures

In addition to Fanatics, Rubin has invested in various other ventures through Kynetic. These include the sports betting platform, DraftKings, and the digital media company, Complex Networks. He also serves as a partner at SeventySix Capital, a Philadelphia-based venture capital firm.

Assets

Rubin’s assets include a significant stake in Fanatics, which is valued at over $27 billion. He also owns a minority stake in the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils. Rubin’s real estate portfolio includes properties in Philadelphia, New York, and Miami.

Annual Income

Michael Rubin’s annual income is primarily derived from his stake in Fanatics and his various investment ventures. His exact annual income is not publicly disclosed, but it’s estimated to be in the tens of millions of dollars per year.

Frequently Asked Questions about  Fanatics Owner

Frequently Asked Questions: Fanatics Owner Net Worth

1. Who is the owner of Fanatics?

Michael Rubin is the majority owner of Fanatics.

2. What is Michael Rubin’s net worth?

Michael Rubin’s net worth is estimated to be over $5 billion.

3. How did Michael Rubin make his fortune?

Michael Rubin made his fortune through the success of Fanatics, a sports merchandise company he co-founded in 2011.

4. What is Fanatics?

Fanatics is an online retailer of officially licensed sports merchandise.

5. When was Fanatics founded?

Fanatics was founded in 2011.

6. How has Fanatics grown since its founding?

Fanatics has grown significantly since its founding, becoming one of the largest online sports retailers in the world.

7. What other businesses does Michael Rubin own?

Michael Rubin also owns the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils.

8. What is Michael Rubin’s role at Fanatics?

Michael Rubin serves as the Executive Chairman of Fanatics.

9. How does Fanatics differ from other sports merchandise retailers?

Fanatics differentiates itself through its focus on official licensed merchandise, its use of technology to enhance the shopping experience, and its partnerships with major sports leagues and teams.

10. What is the latest estimated value of Fanatics?

The latest estimated value of Fanatics is over $27 billion.