Stan Kroenke was born Enos Stanley Kroenke in Columbia, Missouri, on July 29, 1947. His father owned a local lumber business in the peaceful rural community of Mora, where he grew up.
After finishing high school, Kroenke’s first job was sweeping the floor of a timber yard. He was promoted to bookkeeper at the young age of ten, and rightly so.
While attending Cole Camp High, Kroenke was an avid athlete in high school, participating in sports, including basketball, baseball, and track.
What is Stan Kroenke’s Net Worth?
According to Forbes, American businessman Stanley Kroenke has a $12.9 billion net worth. Stan’s wealth places him among Missouri’s elite.
Stan Kroenke is widely recognized as the owner of Kroenke Sports & Entertainment, a conglomerate that operates many professional sports franchises in the United States and Great Britain.
He owns many professional sports franchises through the corporation, including the Colorado Rapids of Major League Soccer and the Los Angeles Rams of the National Football League.
In Inglewood, California, Stan owns Sofi Stadium. Sofi has hosted games for both the Rams and the Chargers. Live events are also frequently held there.
In 2021, Kroenke was a source of contention due to his involvement in a failed attempt to reform European football.
He entered the workforce in the early 1980s and established the Kroenke Group, a real estate firm. The firm’s main areas of expertise were constructing malls and multi-family housing.
As word spread of Stan Kroenke’s Net Worth, Doug McKain tweeted,
Stan Kroenke is a winner:
Rams 🏆🏆
Avalanche 🏆🏆
Nuggets 🏆
Sofi Stadium: $5.5 billion
Net worth: $12.9 billionDr. Buss has the most championships as owner with 10.
— Doug McKain (@DMAC_LA) June 13, 2023
He got into building Wal-Mart malls after marrying Ann Walton Kroenke, one of the Wal-Mart heirs. He started the suburban-focused construction company THF Realty in the early ’90s.
He started Kroenke Sports Enterprises, an organization dedicated to owning professional sports teams, in the mid-1990s.
What Is The Estimated Value of The Kroenke Group’s Portfolio?
Kroenke established his real estate development firm, Kroenke Group, in 1983. The company primarily constructs multi-family dwellings and retail developments.
In 1991, he established THF Realty in St. Louis as the second real estate development firm he had started.
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The company has about $2 billion in assets and focuses on suburban development, specifically the construction of retail shopping complexes.
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