Jeanie Buss is one of Jerry Buss's six children. She is the one who took over the family empire, and someday her kids may do the same.
The sports executive is the controlling owner and the president of the National Basketball Association (NBA) team, the Los Angeles Lakers. At 19, she took over as general manager of the Los Angeles Strings professional tennis team, which was part of the family company.
Quick Facts on Jeanie Buss
Date of Birth
September 26, 1961
Place of Birth
Santa Monica, California, U.S.
President of the Los Angeles Lakers
Jerry and Joanne Buss
In subsequent years, she became the owner of the professional roller hockey club, the Los Angeles Blades. Before her role as vice president of the Lakers, she had previously served as the Great Western Forum president.
She made history in 2020 by being the first female controlling owner of an NBA club to lead her squad to the league's championship.
Does Jeanie Buss Have Kids?
In her autobiography, Laker Girl, published in 2010, Jeanie Buss refers to her dog Princess as the only focus of her existence outside of basketball and business.
Buss has no children of her own, besides her profession and dog. 2015 was the year when her beloved Princess Cujo passed away. Now, she has another fur baby named Delores.
Jeanie has never emphasized her connections outside of her work. When her father passed away in 2013, his majority ownership of the Lakers was transferred to his six children through a family trust.
Each of her six siblings had an equal vote in the decision-making process. Buss took over as team president and became the Lakers' representative on the NBA Board of Governors after being elected to both positions.
Jeanie Was Married To Steve Timmons
Jeanie Buss tied the knot with Steve Timmons, a former player in the sport of volleyball, in the year 1990.
Despite the tremendous opportunities ahead, the couple decided to split after three years of marriage.
Steve Timmons, the ex-husband of Jeanie Buss, competed for the United States of America in volleyball in three consecutive Summer Olympics. He met Buss in 1989. After going out for a year, the couple decided to exchange wedding vows in 1990.
The general manager of the Lakers is said to have been the one who kicked off the procedure to have her marriage declared invalid. She subsequently stated that she had always been attracted to business and managing her teams, which is why she did not prioritize her marriage when she was younger.
Jeanie Buss Went Her Own Way After The Divorce
Jeanie and Steve have moved on with their lives and are now romantically connected with other people after calling off their marriage after only three years.
Phil Jackson is an American former professional basketball player, coach, and executive in the National Basketball Association (NBA). Buss was very close to getting married to Jackson during their relationship. Her romantic involvement with Phil lasted from 1999 to 2016, when it finally ended.
During their 17-year-long relationship, the couple tied the knot in 2012. The Lakers owner who appeared naked in the May 1995 issue of playboy magazine gave his reasons for breaking up with Phil Jackson "professional duties and geographic distance."
During the celebration of her 60th birthday in September 2021, she announced that she was now in a relationship with comic Jay Mohr, who had himself been married and divorced twice.
Jeanie's Parents Got Divorced When She Was Only 14
In 1972, when Jeanie was just 14 years old, her parents, Jerry Buss and Joanne Buss decided to end their marriage and get an annulment.
Because of this, Jeanie had a sense of abandonment in her life. Buss was the third child and one of two girls to be born to Joann and Jerry Buss; she grew up alongside her older brothers, Johnny and Jim, and her younger sister Janie.
In addition to this, her father had a relationship with Karen Demel. Therefore she also has two half-brothers named Joey and Jesse.
At 14, Buss accompanied her father, the owner of the Los Angeles Strings, to meetings of the World Team Tennis organization. When she was 17, she relocated to Pickfair to live with her father. She had such a thorough understanding of the property that she started giving tours herself.
She persevered through the pain of her parent's divorce and completed her education at the University of Southern California with high honors in business, where she graduated with a degree.
How Wealthy Is the Owner Of The Lakers?
It is anticipated that Jeanie Buss has a net worth of $500 million in 2022.
Some of the richest players in the world may be found playing in the National Basketball Association (NBA). The best players in the league are typically rewarded with multimillion-dollar contracts.
However, the players are not the only ones with substantial money in their accounts. The team owners and executives responsible for the stars' salaries are also wealthy individuals.
Jeanie Buss is one of them. The lady who genuinely enjoys what she does for a living has ensured that she always provides 110% effort.
Jeanie Started Working When She Was In College
Buss started working while she was still in college, and at that time, she had already met with her father for several years before beginning her employment.
The older Buss became the owner of the Los Angeles Strings, the city's Team Tennis franchise, while her study period at the University of Southern California. He gave his daughter the general manager position when she was only 19 years old.
It was the first significant job she had in the sports field. Despite her contributions, the team disbanded in 1993, and at least one expert stated that Buss was not to blame for the organization's demise.
She Started Working For The Los Angeles Blades
When her previous position was eliminated, Buss found new employment with the Los Angeles Blades, an inline roller hockey club that competed in the Roller Hockey International league. Buss's father also controlled that enterprise.
Buss Was The President Of The Great Western Forum
At one point, Buss placed his daughter as the president of the Great Western Forum, now known simply as The Forum. The Great Western Forum is an indoor arena in Los Angeles that used to host many games of the teams the Buss family owned.
Buss Got Involved With The Laker In The 1990s
The middle of the 1990s saw the beginning of Buss' involvement with the Los Angeles Lakers, initially in the capacity of her job at the Forum and then in other roles.
She had served as an alternative governor on the NBA Board of Governors and as the club's executive business operations vice president before she rose to prominence within the organization.
During these years, Buss was recognized by several media outlets such as ESPN and Forbes not only as a brilliant and accomplished CEO but also as one of the few women to have a position of authority in the world of sports at the time.
Buss' father passed away in 2013, and according to ESPN, his desires were for Buss to take over as governor of the Lakers, represent the brand at meetings of the NBA Board of Governors, and oversee business operations for the organization. Buss has already fulfilled all of these roles.
She was elected president of the squad shortly after that event occurred. Since then, she has continued to run the franchise, which included eventually becoming the controlling owner of the business and firing several key people in the organization, including her brother, following a legal battle.
In addition, she has continued to run the business, eventually becoming the business's controlling owner. Although Buss almost definitely brings in a respectable income for her position as president of the organization, it would appear that the great bulk of her overall net worth derives from the fact that she inherited a portion of ownership in the Los Angeles Lakers.
Buss Has Earned From Various Other Roles
Buss has not only made money as one of the top executives in the Lakers organization for over 25 years, but she has also generated money in various other roles that are distinct from one another but related.
Her business partner, David McLane, established the all-female wrestling league/TV series known as Women of Wrestling in 2000. At present, she is a co-owner of the company.
According to The Hollywood Reporter, in 2021, ViacomCBS inked a contract with WOW! (the group's shorter name) for an undisclosed amount of money that saw the conglomerate sign on to pay for fresh episodes to be developed for syndication.
Buss Is The Co-Author Of The Book, Laker Girl
Laker Girl is a book that Buss co-authored in 2010, and according to the description of the book on Amazon, it relates the never-before-told narrative of the Buss family and the story of one woman's journey to the top in a man's world.
Buss was a team member that introduced Cincoro Tequila in 2019, which was exclusively available to customers ready to shell out a significant amount of money for their preferred libation. Vinepair reports that the extra aejo product from the company was sold at a retail price of $1,600.
How rich is Jeanie Buss?
Jeanie Buss has a hefty net worth of $500 million. She has not just earned as her role in the Lakers, but also from various other roles and sources.
Is Jeanie Buss married?
Jeanie Buss was married to Steve Timmons. However, after only three years, the couple decided to separate their path.
Who is Jeanie Buss dating now?
After her divorce, Jeanie was in a long-term relationship with Phil Jackson. After their break up, she announced in 2021 that she is dating Jay Mohr.
Does Jeanie Buss have children?
Buss does not have any children. In Laker Girl, Jeanie Buss refers to her dog Princess as the "focus of her existence outside of basketball and business."