Robert Sarver - Famous Business Executive

Robert Sarver Net Worth

$800,000,000

Robert Sarver, the famous American sports team owner and businessman, has a net worth of $800 million. He gained his fortune by starting several banks and became nationally known for owning the NBA’s Phoenix Suns.

Key facts:

Robert Sarver is a successful American sports team owner and businessman.
He gained national recognition for owning the NBA's Phoenix Suns and overseeing their operations.
Aside from the Suns, Sarver also owns the WNBA's Phoenix Mercury and previously owned the Spanish football team RCD Mallorca.
His ownership of the Suns has been criticized for his hands-on approach, often leading to instability and division.
In 2022, Sarver was suspended by the NBA for one year and fined $10 million after an investigation found him using offensive language, although it was determined not to be motivated by racism.
Following the suspension, Sarver announced the sale of the Phoenix Suns and Phoenix Mercury basketball teams.
He co-founded Southwest Value Partners, a real estate company involved in large-scale property transactions.
Robert Sarver is married to Penny Sanders and they have three sons.