Basic Information About Robert Sarver
| Category | Business › Executives |
|---|---|
| Net worth | $800,000,000 |
| Date of birth | 1961-10-31 (63 years old) |
| Place of birth | Tucson |
| Gender | Male |
| Social Media | ↗︎ Wikipedia |
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.
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