Larry Tanenbaum Net Worth (Updated 2026).
Larry Tanenbaum, a prominent Canadian businessman, began his career in the early 1970s, initially working in the real estate industry. He co-founded a successful real estate development company, which laid the foundation for his future endeavors. Tanenbaum’s business acumen and strategic investments soon caught the attention of the public, setting him on a path to prominence.
In the 1990s, Tanenbaum expanded his interests into the sports and entertainment sector. He became a majority owner of the Toronto Raptors, an NBA team, and later became the chairman of Maple Leaf Sports & Entertainment, a position he still holds today. His influence in the sports industry, coupled with his continued success in real estate, has made him a well-known figure in Canada.
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Larry Tanenbaum’s Current Net Worth (2025)
As of 2025, Larry Tanenbaum’s current net worth is estimated to be around $3.5 billion, according to Forbes. This makes him one of the wealthiest individuals in Canada.
Career
Larry Tanenbaum is the Chair of Maple Leaf Sports & Entertainment (MLSE), which owns several professional sports teams in Toronto, including the Toronto Maple Leafs, Raptors, and FC. He’s also the Chair of Kilmer Group, a private investment firm. Tanenbaum’s career spans over four decades, with significant contributions to the sports and entertainment industry.
Other Ventures
In addition to his roles at MLSE and Kilmer Group, Tanenbaum is involved in various other ventures. He’s a director of several public companies, including Bell Canada and the Toronto-Dominion Bank. He’s also a significant investor in real estate and technology startups.
Assets
Tanenbaum’s assets include a significant stake in MLSE, valued at over $2 billion. He also owns a substantial amount of real estate, including office buildings and residential properties. His art collection, which includes works by Picasso and Warhol, is also valued in the tens of millions.
Annual Income
As of 2025, Larry Tanenbaum’s annual income is estimated to be around $100 million. This includes his salary from MLSE and Kilmer Group, dividends from his investments, and other sources of income. His income has seen a steady increase over the years, reflecting his continued success in business.
Frequently Asked Questions about Larry Tanenbaum
**Frequently Asked Questions: Larry Tanenbaum Net Worth**
1. What is Larry Tanenbaum’s net worth?
Larry Tanenbaum’s net worth is estimated to be around $5.5 billion.
2. How did Larry Tanenbaum make his fortune?
Larry Tanenbaum made his fortune through his business ventures, primarily in the real estate and sports industries. He is the chairman of Maple Leaf Sports & Entertainment, which owns several professional sports teams in Toronto, including the Toronto Maple Leafs and the Toronto Raptors.
3. What is Larry Tanenbaum’s age?
Larry Tanenbaum was born on August 11, 1945, making him 77 years old.
4. Where was Larry Tanenbaum born?
Larry Tanenbaum was born in Toronto, Ontario, Canada.
5. What is Larry Tanenbaum’s education background?
Larry Tanenbaum graduated from the University of Toronto with a Bachelor of Commerce degree in 1967.
6. Is Larry Tanenbaum married? Does he have children?
Yes, Larry Tanenbaum is married to Judy Tanenbaum. They have three children together.
7. What are some of Larry Tanenbaum’s philanthropic efforts?
Larry Tanenbaum and his family are known for their philanthropic efforts. They have donated to various causes, including healthcare, education, and the arts, through the Tanenbaum Family Foundation.
8. What is Larry Tanenbaum’s role in Maple Leaf Sports & Entertainment?
Larry Tanenbaum is the chairman of Maple Leaf Sports & Entertainment, a position he has held since 2003. He is responsible for overseeing the company’s operations, which include several professional sports teams, sports facilities, and media outlets.
9. What other businesses is Larry Tanenbaum involved in?
In addition to his role at Maple Leaf Sports & Entertainment, Larry Tanenbaum is also involved in other business ventures, including real estate development and investments. He is the chairman of Kilmer Group, a private investment firm he founded with his brother, Howard.
10. What awards has Larry Tanenbaum received?
Larry Tanenbaum has received several awards and recognitions for his business achievements and philanthropic efforts, including the Order of Canada in 2008 and the Woodrow Wilson Award for Corporate Citizenship in 2011.
