How Much is Jerry Jones Worth
When we talk about the NFL, it’s hard not to mention Jerry Jones. He’s not just a familiar face in the league, but also one of its wealthiest figures. The man behind the Dallas Cowboys, Jones has made a name for himself in the world of sports, and his net worth is a testament to his business acumen.
But how much is Jerry Jones really worth? It’s a question that’s been on the minds of many, especially those who follow the NFL closely. In this article, we’ll delve into the details of Jones’s wealth, taking a closer look at his earnings, assets, and investments.
The Business Empire of Jerry Jones
Oil and Gas Ventures
Any conversation about Jones’s wealth invites a mention of his ventures in the oil and gas industry. It was in this sector that he scored his first big break back in the early 1970s. His decision to drill into this industry marked the genesis of his remarkable rise to wealth. He began investing in drilling operations and quickly spotted the potential for enormous returns, thus expanding his pursuit.
The profitability of Jones’s oil and gas ventures is a well-known fact in the business circles, even though the exact numbers remain undisclosed. Still, it’s safe to say that this sector forms a significant portion of his overall portfolio.
Real Estate Investments
Jerry Jones’s empire further extends to the real estate sector—another significant slice in his wealth pie. He firmly holds onto the belief that the value of land only appreciates, and he has invested heavily in real estate to prove his point. His substantial property portfolio includes commercial, residential, and ranch properties spread all over the United States.
Jones’s strategic investments in this sector have proven quite lucrative over the years. The appreciation and rental income from his properties undoubtedly add a substantial amount to his general wealth.
Finally, we venture into Jones’s involvement in the hospitality industry—an area that has proven to be yet another hotbed for his wealth accumulation. Jones’s footprint in this industry is visible through ventures like his partial ownership of the elegantly designed hotel, the Omni Frisco, stationed right next to the Dallas Cowboys’ training facility.
From restaurants to high-end hotels, Jones’s investments in this sector are quite intensive and extensive, providing him an additional income channel. The returns from these ventures have significantly boosted his net worth, augmenting his position as one of the wealthiest NFL team owners.
By delving into Jerry Jones’s vast business empire, it becomes clear that his wealth is indeed a product of smart, strategic investments. From his adventures in the oil and gas fields to the challenging world of real estate and hospitality, Jones has certainly shown the capacity to turn opportunities into prosperous ventures.
Assessing Jerry Jones’ Net Worth
Valuation of the Dallas Cowboys
What’s clear is that the Dallas Cowboys aren’t just any NFL team—they’re the world’s richest sports team. In 2020, Forbes valued the Cowboys at a whopping $5.7 billion, making them the most valuable sports team for the fifth year in a row. This valuation isn’t surprising though, given the Cowboys’ illustrious history, unrivalled popularity, and the profit they generate annually.
So, why are the Cowboys so valuable? There’s no simple answer. It’s not just the team’s performance—we could also look at their impressive AT&T Stadium, various lucrative sponsorship deals, and media rights. It’s all part of a bigger picture that helps to elevate the Cowboys—and Jones’ wealth—to outstanding proportions.
Other Assets and Investments
But let’s not confine our focus to the sports arena. Jones holds substantial assets outside of NFL, diversified across different sectors. Let’s break down some of his other significant assets and investments:
- Oil and Gas: Jones’ journey to wealth initially started in the oil and gas industry, where he made a fortune in the ’70s. Today, he owns Comstock Resources, a Texas-based oil and gas company.
- Real Estate: Jones has invested heavily in real estate, including a luxury hotel at the Cowboys’ training facility in Frisco, Texas, and several shopping centers.
- Hospitality: Jones also owns the Legends Hospitality, a high-end food service business that services sports stadiums, including his own AT&T Stadium.
In short, it’s clear that Jones has used his entrepreneurial acumen to turn many opportunities into profitable ventures. To truly comprehend Jerry Jones’ net worth, we should look beyond the Dallas Cowboys and take into account all his assets and investments—I believe it’s fair to say that Jones didn’t leave any stone unturned.