Mark Chipman Net Worth (Updated 2025).

Mark Chipman, a name that has become synonymous with hockey in Winnipeg, started his career with a simple yet ambitious goal: to bring the National Hockey League back to his hometown. Born and raised in Winnipeg, Manitoba, Chipman’s love for hockey was cultivated at an early age, a passion that would later shape his professional life.

Chipman’s journey began in the early 1990s when he, along with a group of local investors, purchased the Minnesota North Stars, an NHL team based in Minneapolis. Despite the team’s relocation to Dallas in 1993, Chipman’s commitment to Winnipeg remained unwavering. He saw an opportunity in the city’s vacant arena, the Winnipeg Arena, and in 1996, he led a group that purchased the team, renaming it the Manitoba Moose and relocating it to Winnipeg. This marked the beginning of Chipman’s quest to restore NHL status to his beloved hometown.

Mark Chipman’s Current Net Worth (2025)

As of 2025, Mark Chipman’s estimated net worth is $1.5 billion, according to Forbes. This significant wealth is primarily attributed to his ownership and chairmanship of the NHL’s Winnipeg Jets.

Career

Mark Chipman, born in 1957, is a Canadian businessman and majority owner of the NHL’s Winnipeg Jets. He co-founded True North Sports & Entertainment in 1999, which later acquired the Jets in 2011. Before his hockey ventures, Chipman worked in the oil and gas industry.

Other Ventures

In addition to the Winnipeg Jets, Chipman’s True North Sports & Entertainment also owns and operates the Bell MTS Place arena. He has been involved in various community initiatives, including the development of the Canadian Museum for Human Rights in Winnipeg.

Assets

Chipman’s assets include a significant stake in the Winnipeg Jets, valued at over $500 million, and the Bell MTS Place arena, worth approximately $200 million. He also owns several properties in Winnipeg and other parts of Canada.

Annual Income

As the majority owner of the Winnipeg Jets, Chipman’s annual income is primarily derived from the team’s operations and revenue. According to Forbes, the Jets’ value was $550 million in 2021, generating an estimated $150 million in annual revenue, although specific owner income is not disclosed.

Frequently Asked Questions about  Mark Chipman

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Frequently Asked Questions: Mark Chipman Net Worth

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1. What is Mark Chipman’s net worth?

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Mark Chipman’s net worth is estimated to be around $1.2 billion.

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2. How did Mark Chipman make his fortune?

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Mark Chipman co-founded True North Sports & Entertainment, the company that owns the Winnipeg Jets of the National Hockey League (NHL). He also has interests in real estate and other business ventures.

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3. When was Mark Chipman born?

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Mark Chipman was born on January 21, 1957.

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4. Where did Mark Chipman grow up?

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Mark Chipman grew up in Winnipeg, Manitoba, Canada.

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5. What is Mark Chipman’s educational background?

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Mark Chipman graduated from the University of Manitoba with a Bachelor of Commerce degree.

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6. How did Mark Chipman become involved with the Winnipeg Jets?

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Mark Chipman, along with his brother David, led a group of local investors that purchased the Atlanta Thrashers and moved them to Winnipeg in 2011, renaming them the Winnipeg Jets.

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7. What other businesses is Mark Chipman involved in?

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In addition to the Winnipeg Jets, Mark Chipman is involved in various real estate developments and other business ventures in Winnipeg.

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8. Does Mark Chipman have any philanthropic endeavors?

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Yes, Mark Chipman is involved in several philanthropic efforts, including supporting local charities and community initiatives in Winnipeg.

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9. Is Mark Chipman married?

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Yes, Mark Chipman is married. He and his wife, Shelley, have three children.

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10. What is Mark Chipman’s role with the Winnipeg Jets?

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Mark Chipman serves as the Governor and Chairman of True North Sports & Entertainment, which owns the Winnipeg Jets. He is also the alternate Governor for the team with the National Hockey League (NHL).