Jerry Jones, a prominent figure in the world of sports and business, has amassed a staggering net worth of $14.3 billion, largely due to his ownership of the Dallas Cowboys and investments in various industries.
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Who is Jerry Jones?
Jerral Wayne Jones Sr., born on October 13, 1942, is the esteemed owner, president, and general manager of the Dallas Cowboys, a team he acquired in 1989, transforming it into one of the most valuable franchises in the National Football League (NFL).
How Old is Jerry Jones?
Jerry Jones is 81 years old as of 2023.
Education and Early Life
Born in Los Angeles, California, and raised in North Little Rock, Arkansas, Jones was a running back at North Little Rock High School. He later graduated from the University of Arkansas, where he was a member of the 1964 National Championship football team.
Jerry Jones Net Worth
Jones’ net worth of $14.3 billion is attributed to his successful ventures in oil and gas, real estate, hospitality management, and his ownership of the Dallas Cowboys.
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The Road to Riches
Jones initially ventured into fast food franchises before striking it big in the oil business, where he remarkably hit oil in 12 of his first 13 wells. His business acumen further flourished with investments in various industries.
Yacht and Private Jet
Jerry Jones owns the luxurious yacht Bravo Eugenia, named in honor of his wife, Gene. He also owns a $61 million Gulfstream V private jet for long-distance travel.
Business Ventures
Jones’ business journey includes opening a string of Shakey’s Pizza Parlor restaurants and working in his father’s insurance company. He later founded Jones Oil and Land Lease, which became highly successful. He also co-founded Legends Hospitality, a major player in food, beverage, and stadium operations.
Presence in Popular Culture
Jones’ charisma and success have made him a cultural icon, inspiring characters in films like BASEketball and appearing in various TV shows and commercials. His appearances in media range from “Coach” to “Entourage” and include roles in commercials for major brands.
Dallas Cowboys
Since purchasing the Cowboys in 1989 for $150 million, Jones has been instrumental in their growth into the NFL’s most valuable franchise, marked by innovation and high-profile successes.
Oil Ventures
In the oil industry, Jones made a significant move in 2018 by swapping oil wells in North Dakota for shares in Comstock Resources, worth $620 million.
NFL Fines
Jones has faced fines from the NFL, including a $25,000 penalty for criticizing referee Ed Hochuli and a $100,000 fine for violating a gag order on labor issues.
Awards and Honors
Jones’ accolades include three Super Bowl championships with the Cowboys, NFL Executive of the Year in 2014, induction into the Pro Football Hall of Fame, and various other awards recognizing his contributions to football and the community.
Conclusion
Jerry Jones’ journey from a young businessman to an NFL magnate and multi-billionaire is a tale of ambition, risk-taking, and strategic acumen. His influence extends beyond the football field, making him a true titan in sports and business.
FAQs about Jerry Jones
- What was Jerry Jones’ first successful business venture? – His initial success was in the oil industry, where he struck oil in most of his early wells.
- When did Jerry Jones buy the Dallas Cowboys? – He purchased the team in 1989.
- What other businesses does Jerry Jones own? – Besides the Cowboys, he has interests in real estate, hospitality, and food and beverage services.
- How has Jerry Jones influenced the NFL? – Through innovative management and marketing of the Cowboys, he has significantly impacted the league.
- What awards has Jerry Jones received? – His awards include NFL Executive of the Year and induction into the Pro Football Hall of Fame.
