Lester Crown Net Worth (Updated 2026).
Lester Crown, born in 1926, began his career in the late 1940s, following in his father’s footsteps. He started at the bottom, working at his family’s business, General Outdoor Advertising Company, where he learned the ropes of the advertising industry. His passion and dedication were evident from the start, and he quickly moved up the ranks, eventually taking over the company in the 1960s.
Crown’s fame began to grow in the 1970s and 1980s as he expanded the business, renaming it J. Walter Thompson USA, and transforming it into a global advertising powerhouse. His innovative strategies and leadership style earned him recognition, and he became a prominent figure in the advertising world.
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Lester Crown’s Current Net Worth
As of 2025, Lester Crown’s estimated net worth is $6.5 billion, according to Forbes. This makes him one of the wealthiest individuals in the United States.
Career
Lester Crown is the owner and chairman of Henry Crown and Company, a privately held investment and management company. He has been involved in various industries, including real estate, manufacturing, and media. Crown is also known for his philanthropic efforts, having donated millions to various causes, including education and healthcare.
Other Ventures
In addition to Henry Crown and Company, Crown has interests in several other businesses. He is a major shareholder in General Dynamics, a Fortune 100 aerospace and defense company. He also has investments in the media industry, including a stake in the Chicago Sun-Times. Additionally, Crown is a co-owner of the Chicago Bulls NBA team.
Assets
Crown’s assets include a stake in the General Dynamics Corporation, real estate holdings in Chicago and other cities, and a private art collection. He also owns several luxury properties, including a mansion in Chicago’s Gold Coast neighborhood. His holdings are primarily managed through Henry Crown and Company.
Annual Income
Lester Crown’s annual income is not publicly disclosed. However, as the owner and chairman of Henry Crown and Company, his income is likely derived from dividends, capital gains, and other investments. His wealth has grown significantly over the years, indicating a substantial annual income.
Frequently Asked Questions about Lester Crown
**Frequently Asked Questions: Lester Crown Net Worth**
1. What is Lester Crown’s net worth?
Lester Crown’s net worth is estimated to be around $6 billion.
2. How did Lester Crown make his fortune?
Lester Crown made his fortune through his family’s business, Henry Crown and Company, which was founded by his father. The company is involved in real estate, investments, and other ventures.
3. What is Lester Crown’s age?
Lester Crown was born on October 13, 1926, making him 95 years old.
4. Where does Lester Crown live?
Lester Crown resides in Chicago, Illinois.
5. Is Lester Crown married?
Yes, Lester Crown is married to Margaret Crown. They have four children together.
6. What is Lester Crown’s political affiliation?
Lester Crown is a Democrat and has been a significant donor to Democratic political campaigns.
7. What is Lester Crown’s role in the Chicago Cubs ownership group?
Lester Crown is a part-owner of the Chicago Cubs, having invested in the team in 2008. His son, Joe Ricketts, is the primary owner.
8. What is Lester Crown’s involvement in philanthropy?
Lester Crown and his family have been involved in various philanthropic efforts, including supporting medical research, education, and Jewish causes.
9. What is Lester Crown’s education background?
Lester Crown graduated from the University of Chicago with a Bachelor of Arts degree in 1948.
10. What is Lester Crown’s height?
Lester Crown’s height is 5 feet 10 inches (178 cm).
