NFL team owners rarely hold the spotlight in their hands. Another among them is Stan Kroenke. One of the richest team owners in the NFL is the one who owns the Rams. He relocated the Rams twice, first from Los Angeles to St. Louis and then back again. He constructed SoFi Stadium, which is by far the most expensive sports facility ever constructed.
If Los Angeles wins the Super Bowl for the second time since he owned the team and the first time as a Los Angeles-based team, Kroenke may really steal the show on Sunday. And the Rams’ stadium would host the victory.
Early Life
On July 29, 1947, in Columbia, Missouri, Enos Stanley Kroenke was given the name Stan Kroenke. He was raised in Mora, a small unincorporated village where his father ran the Mora Lumber Company.
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At the lumber yard, Kroenke worked there as a floor sweeper for the first time. He was elevated to bookkeeping when he was ten. Kroenke attended Cole Camp High School, where he participated in track, baseball, and basketball.
Stan Kroenke’s Net Worth
The owner of the LA Rams, who is 75 years old, has a $12.8 billion net worth as of this writing. According to Forbes.com, in addition to owning the Rams (which we already know), Kroenke also owns several US sports teams and the mighty Arsenal of the English Premier League. They are the Colorado Avalanche, Colorado Rapids, and the NBA’s Denver Nuggets (NHL).
Arsenal and European Super League Controversy
In 2008, Kroenke was appointed to the Arsenal Holdings board of directors and received a beneficial interest in more than 18,594 shares. By 2011, he had raised his ownership to 62.89% and launched a bid of £11,750 per share for the remaining shares of the club.
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He offered a little over £600 million later in 2018, increasing his share ownership to nearly 90%. When Kroenke attempted to dismantle the existing European football pyramid system by establishing a closed European Super League, of which Arsenal would be a part, he ignited a huge amount of controversy in April 2021.
Other Endeavors
Among his other endeavors, Kroenke bought the Screaming Eagle winery in Napa Valley in 2006. He also owns a number of active ranches, totaling around 850,000 acres. The Waggoner Ranch in Texas, the largest ranch in the nation to be enclosed by a single fence, was one of his famous acquisitions. Kroenke was ranked as the ninth-largest landowner in the US by The Land Report magazine in 2015.
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Investments in Several Companies
Stan Kroenke invests in professional sports organizations through his company, Kroenke Sports and Entertainment.
The billionaire has mostly built his money on his own initiative in terms of investments in other companies. He has achieved this by purchasing shares in professional sports franchises and purchasing land through his company, THF Realty (he is credited with half of the holdings, per Bloomberg.com).
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Personal Life
Kroenke and Walmart heiress Ann Walton met while skiing in Aspen, Colorado; they were married in 1974. Later, in 1995, after Walton’s father passed away, they received a stake in Walmart. Kroenke generally keeps his personal affairs private and rarely grants interviews to the media.
