George Maloof Net Worth (Updated 2025).

George Maloof, a prominent figure in the world of basketball, began his career in the late 1980s, initially working behind the scenes. He started as an intern with the Los Angeles Clippers, demonstrating his passion and dedication to the sport from an early age. His first significant role came in 1996 when he was appointed as the General Manager of the Sacramento Kings, a position he held until 2011.

George Maloof’s Current Net Worth (2025)

As of 2025, George Maloof’s estimated net worth is $1.2 billion. This significant wealth is primarily attributed to his successful career in real estate and sports team ownership.

Career

George Maloof is a prominent figure in the real estate industry, with a career spanning over four decades. He co-founded the Maloof Companies in 1978, which has since grown into a multi-faceted real estate development and investment firm. Maloof’s career also includes a stint as the owner of the Sacramento Kings NBA team from 1999 to 2013.

Other Ventures

Beyond real estate and sports, Maloof has diversified his business portfolio. He is a part-owner of the Palms Casino Resort in Las Vegas and has investments in various other hospitality and entertainment ventures. Maloof has also been involved in philanthropic efforts, notably through the Maloof Foundation, which supports educational and community-based initiatives.

Assets

Maloof’s assets include a substantial real estate portfolio, comprising office buildings, retail spaces, and residential properties across the United States. He also owns a stake in the Palms Casino Resort, valued at around $30 million. Additionally, Maloof’s personal residence, a sprawling estate in Newport Beach, California, is estimated to be worth over $20 million.

Annual Income

George Maloof’s annual income is primarily derived from his real estate investments and business ventures. While the exact figure fluctuates year to year, it’s estimated that his annual earnings are in the range of $50 to $100 million. This significant income is a testament to his successful career and entrepreneurial spirit.

Frequently Asked Questions about  George Maloof

Frequently Asked Questions: George Maloof Net Worth

1. What is George Maloof’s net worth?

George Maloof’s net worth is estimated to be around $1.5 billion.

2. How did George Maloof make his fortune?

George Maloof made his fortune through his involvement in various business ventures, including real estate, hospitality, and sports teams. He is also known for his family’s casino business, which was founded by his father.

3. What is the Maloof family known for?

The Maloof family is known for their involvement in the casino and hospitality industry. They owned several casinos in Nevada, including the iconic Caesars Palace.

4. Did George Maloof own the Sacramento Kings?

Yes, George Maloof and his family owned the Sacramento Kings NBA team from 2006 to 2010.

5. What other sports teams has George Maloof been involved with?

In addition to the Sacramento Kings, George Maloof has also been involved with the Palms Casino Resort in Las Vegas, which housed the Palms Casino Sports Book.

6. What is George Maloof’s age?

George Maloof was born on January 18, 1959, making him 63 years old.

7. Where did George Maloof grow up?

George Maloof grew up in Las Vegas, Nevada.

8. Did George Maloof attend college?

Yes, George Maloof attended the University of Southern California (USC) and graduated with a degree in Business Administration.

9. What is George Maloof’s current residence?

George Maloof currently resides in Las Vegas, Nevada.

10. Is George Maloof married?

Yes, George Maloof is married to Kris Maloof. They have four children together.