More often than not, it’s the money holders who go unrecognized. If you ask anyone on the street what sports team the Golden State Warriors are, they would know. But if you asked them who the-Chairman and CEO are of the basketball team, only a diehard fan would get the answer right. Since we’re the type to poke around for details, we searched ‘Joe Lacob net worth ’ and did a little bit of extra research to find out what he has been up to.
Joe Lacob Net Worth
We’re astounded by the way that Joe Lacob has climbed his way up the financial ladder. Only four years ago, he was worth a handsome sum of $400 million. In 2019, those who search ‘ Joe Lacob net worth’ will find out that the Golden State Warriors CEO is now worth a whopping $3 billion. Welcome to the billionaire’s club, Joe.
Born in New Bedford, Massachusetts in January 1956 to a poor Jewish family. American businessman Joe Lacob has an estimated net worth of $400 million. He is the owner of the NBA’s Golden State Warriors in the NBA and has collaborated with Kleiner Perkins Caufield & Byers. Lacob attended and earned his degree from the University of California, Irvine and pursued his master’s at the University of California, Los Angeles with a degree in public health in addition to his MBA from the Stanford Graduate School of Business. In 1987 the businessman became a partner at Kleiner Perkins after having worked with FHP International, Cetus Corporation, and Booz, Allen & Hamilton. He was also one among the primary inventors in the from-failed-to-successful professional women’s basketball league the American Basketball Association. In 2006 Lacob became a minority owner of the Boston Celtics and he then went on to buy the Golden State Warriors in 2010 with other investors for $450 million. This action required him to sell his interest in the Celtics.
Most Recent News on Joe Lacob
In the most recent news on Joe Lacob, he is pictured shaking Kevin Durant’s hand after Durant decided to sign with the Brooklyn Nets. The two-time NBA Finals champion is set to kick off his new team partnership with a four-year contract. At the beginning of July 2019, Joe Lacob released the following statement:
“Three years ago, we were thrilled with the arrival of Kevin Durant, a transformative NBA player and one of the best to ever play the game. He provided our fans and franchise with numerous highlights during his stay here—two NBA championships, two NBA Finals MVPs, three trips to the Finals, unparalleled efficiency—and carried himself with class and dignity both on and off the court.
“His commitment to our community was evident each day, including last season when his philanthropic efforts earned him the NBA’s annual Community Assist Award. Today, as he starts a new chapter in his incredible career, we thank KD for all of his contributions, for being an integral part to one of the most prolific runs in NBA history and wish him well as he continues his Hall of Fame journey. As long as I am Co-Chairman of this team, no player will ever wear #35 for the Warriors again.”
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