George Gillett Jr Net Worth

$700,000,000

George Gillett Jr, famous businessman, has a net worth of $700 million. Throughout his career, Gillett has successfully acquired multiple organizations in various industries, including sports teams such as NHL’s Montreal Canadians and Liverpool F.C., showcasing his impressive business acumen and financial success.

Key facts:

  • George Gillett Jr started his career as a regional sales manager and marketing/management consultant in the early sixties.
  • In 1966, Gillett became the manager and partner of the Miami Dolphins, eventually buying a 20 percent interest in the NFL franchise for $1 million.
  • He later sold his share of the Miami Dolphins for $3 million and used the proceeds to buy the Harlem Globetrotters.
  • Gillett started a national radio group called Globetrotters Communications.
  • In the late seventies, he founded his own radio and television organization called Gillett Communications, which eventually owned affiliates such as CBS.
  • Throughout the 198s, Gillett expanded his business interests by acquiring several organizations, including Nashville's WSM television station, Storer Broadcasting, and Vail and Beaver Creek Ski Resorts.
  • In the mid-199s, he formed Booth Creek Ski Holdings and built several ski resorts in New Hampshire, California, and Washington.
  • In the early 200s, Gillett expanded into sports ownership by purchasing an 80 percent interest in NHL team Montreal Canadiens and its home arena, Molson Centre, for $185 million.
  • He also purchased several NASCAR teams.
  • In 2007, Gillett and business partner Tom Hicks became the owners of Liverpool F.C.
  • However, by 201, George Gillett Jr had lost ownership of Liverpool F.C.

Basic Information About George Gillett Jr

CategoryBusiness β€Ί Designers
ProfessionsBusinessperson
Net worth$700,000,000
Date of birth1938-10-22 (85 years old)
Place of birthRacine
NationalityUnited States of America
GenderMale
Social Mediaβ†—οΈŽ Wikipedia

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