Gavin Maloof Net Worth (Updated 2025).

Gavin Maloof, a prominent figure in the sports and entertainment industry, began his career in the late 1990s, initially working behind the scenes. Born into a family with a strong business background, Maloof’s entrepreneurial spirit was evident from a young age. He started his professional journey in the real estate sector, honing his skills in deal-making and management.

In 1998, Maloof’s life took a significant turn when he and his family purchased the Sacramento Kings, a professional basketball team in the NBA. This marked his entry into the world of sports ownership, a realm that would eventually bring him widespread recognition. The Maloof family’s involvement with the Kings was not just about owning a team; they actively worked to improve the franchise’s performance and engage with the local community, a strategy that would later define Gavin’s approach to business.

Gavin Maloof’s Current Net Worth (2025)

As of 2025, Gavin Maloof’s estimated net worth stands at $500 million. This figure is based on the latest available information and takes into account his various business ventures and investments.

Career

Gavin Maloof is a prominent American businessman, best known for his role in the NBA’s Maloof Sports & Entertainment. He served as the CEO from 1996 to 2010, during which time the company owned the Sacramento Kings and the Arco Arena. His leadership saw significant improvements in the team’s performance and the arena’s facilities.

Other Ventures

Beyond his involvement in the NBA, Maloof has diverse business interests. He is a co-owner of the Palms Casino Resort in Las Vegas, which he and his family purchased in 2016. Additionally, he has investments in real estate and various other industries, reflecting his entrepreneurial spirit.

Assets

Maloof’s assets include a significant stake in the Palms Casino Resort, valued at over $300 million. He also owns several properties across the United States, including a luxurious estate in the Beverly Hills area. His portfolio also includes a private jet, a collection of high-end cars, and valuable art pieces.

Annual Income

Gavin Maloof’s annual income is primarily derived from his investments and business ventures. While the exact figure varies from year to year, it’s estimated to be around $20 million. This includes his earnings from the Palms Casino Resort, his real estate investments, and his other business interests.

Frequently Asked Questions about  Gavin Maloof

Frequently Asked Questions about Gavin Maloof

1. What is Gavin Maloof’s net worth?

Gavin Maloof’s net worth is estimated to be around $500 million.

2. How did Gavin Maloof make his money?

Gavin Maloof made his fortune primarily through his involvement in the NBA’s Sacramento Kings. He was a co-owner of the team from 1996 to 2013. He also has interests in real estate and other businesses.

3. Is Gavin Maloof related to George Maloof?

Yes, Gavin Maloof is the brother of George Maloof, another co-owner of the Sacramento Kings during their time with the team.

4. What is Gavin Maloof’s role in the Sacramento Kings?

Gavin Maloof served as the Vice President and Alternate Governor of the Sacramento Kings during his tenure with the team.

5. What happened to the Sacramento Kings after Gavin Maloof sold the team?

After selling the team in 2013, the Sacramento Kings were purchased by a new ownership group led by Vivek Ranadivé. The team remains in Sacramento and has undergone several changes, including a new arena and coaching staff.

6. What other businesses is Gavin Maloof involved in?

Gavin Maloof has interests in various businesses, including real estate, hospitality, and entertainment. He is also involved in philanthropic efforts through the Maloof Foundation.

7. Did Gavin Maloof play basketball professionally?

No, Gavin Maloof did not play basketball professionally. He is primarily known for his business acumen and his involvement with the Sacramento Kings.

8. What is the Maloof Foundation?

The Maloof Foundation is a non-profit organization founded by the Maloof family to support various charitable causes, including education, health, and community development.

9. How old is Gavin Maloof?

Gavin Maloof was born on May 28, 1957, making him 65 years old as of 2022.

10. What is Gavin Maloof’s height?

Gavin Maloof is 6 feet 2 inches (1.88 meters) tall.