Jerry Reinsdorf married Martyl F. Rifkin in 1956 and the couple has four children together; David Jason, Susan Janeen, Michael Andrew, and Jonathan Milton. Twenty-two former Cardinals players and personnel were announced for induction into the Hall of Fame for the inaugural class of 2014. His company, Liberty Media, bought Atlanta Braves for $450 million in 2007. He is the son of Donald and Doris F. Fisher, who founded Gap Inc. Also Read:Duane Lee Chapman Jr - Bounty Hunter. He is a businessman and the owner of the Pittsburgh Pirates. The 2022 St. Louis Cardinals and the game's youngest manager hope life renews at 40 for Albert Pujols, Yadi Molina, and Adam Wainwright. Net worth: $3.3 billion (2020) Purchase price: $183.5 million . He currently lives with his wife, Laura, in San Francisco. Aforementioned, Bill DeWitt IIIwas guaranteed a position in the family business from a young age. The latter is a doctor and music executive. Since 2012, the franchise's value grew 21%. Ranking the Ceilings of St. Louis Cardinals Outfielders. Apr 11 2018 Suspended 1 game for his role in an altercation with Troy Lovullo (ARI), forfeiting $107,526 in 2018 salary with St. Louis (STL) Apr 2 2017 Signed a 3 year $60 million contract extension with St. Louis (STL) Feb 29 2012 Signed a 5 year $75 million extension with St. Louis (STL) Oct 31 2011 St. Louis (STL) exercised $7 million club . William Dewitt Jr. is a member of Richest Celebrities and Entrepreneurs. Mike Ozanian of Forbes remarked that the Cardinals were "baseball's biggest anomaly", with outsize value outpacing their status as one of baseball's "smallest markets", and Ballpark Village was a popular destination for dining and entertainment. If you or someone you know has a gambling problem, call 1-800-GAMBLER. The Milwaukee Brewers will try to hold off the St. Louis Cardinals in the National League Central race despite trading All-Star closer Josh Hader. All Rights Reserved. He bought this team in 1996 for $92 million and he is the Chairman of the Board. Sadly, his oldest son has now died. Brendan Donovan and Juan Yepez have been excellent compliments the Cardinals' offense. The $4 million deal closed in late 1947. Net worth: $1.4 billion Purchase price: $50,000 (1932) Current franchise valuation: $2.25 billion Value appreciation: 4,499,900% Annualized appreciation: 13% How he made his fortune: The. [10] Saigh was indicted on federal charges of evading $49,260 in income taxes between 1946 and 1949. [20] However, after reabsorbing that stake into the remainder of the group, they decided to make it available to new investors in 2010. At the top of the list is Paul Allen, the Microsoft cofounder who owns the Seattle Seahawks. If the Chicago Cubs want to close the gap with the St. Louis Cardinals in the National League Central, they have to upgrade their offense. In terms of his land ownership, he owns Silver Spur Ranches which has several ranches across the United States. The content on this site is for entertainment and educational purposes only. The number 85 was retired by the St. Louis Cardinals in honor of Gussie Busch in 1984. He graduated from high school in 2020. Unlike many of the other MLB team owners, Steinbreener did not actually buy this team. His father, Rupert Harris Johnson, founded a metal fund company in 1947. Three years later, Breadon bought out the majority stock in the club to become the principal owner of the Cardinals and extinguished the futility that dredged the Cardinals' first three decades in the National League. And just like most people, you also enjoy riding your bike. MLB Trade Rumors collected data on all 30 owners and DeWitt comes in ninth with a $4 billion net worth. Business interests outside baseball include Reynolds, DeWitt & Co., which owns Arby's franchises and invests in U.S. Co victories per dollar of payroll cmpares the number of wins per player payroll relative to the rest of the MLB. In total, he earned more than $100, Read More Why Do So Many Former NBA Players Go Broke?Continue, If youre a San Antonio Spurs fan and youre considering catching a live game at AT&T Center, then youll be happy to know that it doesnt really cost that much. [14], To expand the Cardinals' international presence, DeWitt opened baseball academies in the Dominican Republic and placed representatives in six foreign countries. Between 1926 and 1946, the Cardinals won six World Series titles and nine National League pennants. Charlie O. Finley, Larry McPhail, and Bill Veeck eventually employed sideshow attractions, like the "stadium club" and the shoot-the-chute. In the later years of his career, he was a partner in Spear, Leeds & Kellogg before moving to Goldman Sachs. [17][19], Current Cincinnati Reds owner Bob Castellini and brothers Thomas Williams and W. Joseph Williams Jr. each once owned a stake in the Cardinals dating back to the Baur-DeWitt group's purchase of the team. [28][29], DeWitt and his wife, Katharine "Kathy" Cramer DeWitt, live in Indian Hill, Ohio. [22] It was an increase from an $800 million pricing and eighth in the echelon in 2014. Playoff wins count twice as much as regular season wins. Their oldest daughter,Natalie DeWitt,is a Yale student. Moreover, the business magnate hasinvested in numerous businesses likeReynolds andDeWitt & Co.which owns 63Arby'sfranchises. Co victories per dollar of payroll cmpares the number of wins per player payroll relative to the rest of the MLB. The value of the Major League Baseball franchise has grown by half a billion U.S. dollars. Just making it into the top 20 richest MLB team owners is Mark Attanasio with a personal net worth of $700 million. Nonetheless, the couple must have been in a relationship for a while before tying the knot. The St. Louis Cardinals surprised many in baseball Thursday when they fired highly regarded manager Mike Shildt, who led them to the postseason each of the last three seasons. The latter is a famous American MLB team with eleven World Series Championshiptitles under its credentials. Value of team based on current stadium deal (unless new stadium is pending) without deduction for debt. Upgrading their outfield offense is a priority for the Cleveland Guardians, and perhaps a prospect like the St. Louis Cardinals' Lars Nootbaar would make a good trade target. [4], DeWitt has also held shares in the National Football League's Cincinnati Bengals and the former Cincinnati Stingers of the World Hockey Association.[2]. St. Louis Cardinals chairman and CEO William DeWitt Jr. (Jeff Roberson / Associated Press) The Miami Dolphins were founded by attorney-politician Joe Robbie and actor-comedian Danny Thomas as they began play in the AFL in 1966, and merged into the NFL in 1970 as part of the AFL-NFL merge. Jim Pohlad- Minnesota Twins- $3.6 Billion, 3. What Does Leonardo DiCaprio Do For Charity? Despite turning 40 on Aug. 30, right-hander Adam Wainwright has helped the St. Louis Cardinals get into playoff position by going 16-7 with a 2.89 ERA in 30 starts this season. This businessman was born in The Bronx, New York, on September 29, 1957. As a result, he has made several changes over the years for the team's benefit. This made him the first Mexican-American in the United States to own a major sports team. Amid later allegations that the Cardinals owed the city profit shares, DeWitt revealed that their profitability had not reached the threshold to trigger that obligation.[21]. MLB Trade Rumors collected data on all 30 owners and DeWitt comes in ninth with a $4 billion net worth. [7], Between 1920 and 1947, the Cardinals compiled a record of 2,470-1,830 for a winning percentage of .574. St. Louis Cardinals. Professionally, he is a CPA and lawyer who began his career in tax attorney at the Internal Revenue Service. With his familybeing involved in baseball, Bill developed a love for the sport from a young age. A score of 120 means that the team achieved 20% moreompared with the league average during the 2021 season. The Cardinals agreed to lease the stadium from the city while Memphis will upgrade the park. The little one named,Jabin,is often featured on DeWitt's social media account. Submit a correction suggestion and help us fix it! They have four children, Katie, Bill, Andrew, and Margot and twelve grandchildren. At the moment, he takes a back-seat in terms of the day-to-day running of the franchise and the team control duties are in the hands of Larry Bear, the head of the ownership group. Stuart Sternberg is the owner of the Tampa Bay Rays and has a net worth of $800 million. Contents 1 Owners, transactions and valuation 1.1 Chris von der Ahe (1882-1898) 1.2 Sam Breadon (1920-1947) 1.3 Fred Saigh (1947-1953) After graduation, DeWitt began working for the Cardinals soon after. "Cards owners worth $4 billion". The $365 million stadium is one of the few majority-privately funded MLB stadiums, along with the San Francisco Giants' Oracle Park and the Los Angeles Dodgers' Dodger Stadium. This is the predominant reason why he has a personal net worth of $2,5 billion. Hall of Fame inductees who have served as GM for the Cardinals include Herzog, Musial and Rickey. Bill DeWitt III's grandfather,Bill DeWitt,initially began working as a soda seller to help his family. Jerry Reinsdorf- Chicago White Sox- $1.44 Billion, 15. Likewise, Bill DeWitt III's mother,Katharine Cramer DeWitt,has supported her husband's career from the beginning. In 2014, Walter and some of his business associates also bought the Los Angeles Sparks basketball team. The latter generates $3.884 billion in revenue. John Joseph Joe Ricketts was born on July 16, 1941, in Nebraska City. Breadon also convinced cross-town American League rival St. Louis Browns owner Phil Ball to allow the Cardinals to move into Sportsman's Park. Moreover, the businessperson joined St. Louis Cardinals as head of merchandising in 1996. This supports community organizations and constructs softball and baseball fields for young people living in and around Pittsburgh. She not only has her own net worth of $4.8 billion ( ranking her tied at No. Pujols earned an annoying-to-calculate-on-Baseball-Reference $103,840,436, but was worth $391 million per FanGraphs. [10], In January 1949, Hannegan, suffering from poor health, his share of the team to Saigh. He now co-owns the team with Stan Kasten, Todd Boehly, Peter Guber, Bobby Patton, and Earvin Magic Johnson. Baseball is one of the beloved sports in America. 20. [21], The Cardinals' value exceeded $1 billion for the first time in 2015 when Forbes appraised the Cardinals outright at $1.4 billion,[22] making them the 27th-most valuable sports franchise in the world,[23] and sixth-principal franchise in Major League Baseball (MLB). [5] [citation needed], In January 2014, the city of Memphis cleared the Cardinals to purchase the Memphis Redbirds from the MRF. And one of such successful business people isBill DeWitt III. He was appointed to the Presidents Intelligence Advisory Board in 2003. 5 Compares the number of wins per player payroll relative to the rest of MLB. He is the son of Cardinals' team owner William DeWitt Jr. and the grandson of Bill DeWitt, who owned the St. Louis Browns and Cincinnati Reds and was a protg of late Cardinal general manager Branch Rickey. Davis and Bisciotti started Allegis in a basement office. The business mogul is one of the most financially successful baseball owners. Next. [17], In conjunction with opening the new Busch Stadium, a mixed-use retail, entertainment, hotel, residential and office space known as Ballpark Village was planned for development adjacent to Busch Stadium. Bill DeWitt III is the president of the MLB team St. Louis Cardinals. Here are the 20 richest MLB team owners in the world. For individuals with disabilities, returning to the office often poses challenges and setbacks, even under ordinary circumstances. Solar energy has a bright future, and it gets brighter with every horrific storm that downs power lines and leaves communities in the dark for days on end. [11] who would not otherwise have the opportunity. In addition to the Cardinals, DeWitt has also owned or invested in the Cincinnati Stingers hockey club, Baltimore Orioles, the Cincinnati Reds and the Texas Rangers. Shildt was hired in 2018 and his initial deal ran through 2020. [14] Saigh would have almost certainly been thrown out of baseball if he hadn't sold the team. The businessman was bornWilliam Orville DeWitt IIIon March 8, 1968, in Cincinnati, Ohio. Seventeen of the 25 players on the Cardinals' 2011 World Series roster were Cardinals' draftees. How Pamela Anderson Achieved a Net Worth of $20 Million. John W. Henry- Boston Red Sox- $2.5 Billion, 9. The couple has seven children together, although one is now deceased. Christopher Ilitch was born in Detroit, Michigan, in June 1965. ", https://en.wikipedia.org/w/index.php?title=List_of_St._Louis_Cardinals_owners_and_executives&oldid=1108122027, St. Louis Cardinals' financial value since 2009, Tenure refers to MLB seasons, not necessarily dates hired and fired, Moses Rodrguez, Director of international operations, Matt Slater, Director of Player Personnel, This page was last edited on 2 September 2022, at 17:15. In addition, Natalieis quite popular on social media with more than 2K Instagram followers. The ticketing platform StubHub is now going to be the first brand that will ever be featured on a team jersey for, Read More How Much Money Can Jersey Sponsorship Bring to NBA Teams?Continue, Antoine Walker was one of the most famous stars in the NBA, so it should come as no surprise to learn that his stardom came with corresponding compensation. His father had bought the team for $8.7 million in 1973. He began his career at Bell Telephone Laboratories in 1963. The St. Louis Cardinals, featuring five Gold Glove winners, are the #15 club on my 2021 year-end team true-talent rankings. He is also the co-chairman of this team. Finding a closer and Dustin Pedroia's health are just a couple concerns for the World Series champion Red Sox heading into 2019. Online estimates of William Dewitt Jr.s net worth vary. Owner: Arte Moreno. William Dewitt Jr. (born August 31, 1941) is famous for being entrepreneur. Virgo is an earth sign historically represented by the goddess of wheat and agriculture, an association that speaks to Virgos deep-rooted presence in the material world. Bill DeWitt III has a private Instagram account with only 154 followers. Injuries are why he is reportedly only costing the Yankees $550,000 as a short-term option while Didi Gregorius recovers from Tommy John surgery and why he was signed as the Yankees stay involved in the Manny Machado sweepstakes. It takes a serious amount of money to buy a successful baseball team, but there are billionaires out there who have the means to do just that with plenty of change leftover from their purchase. William O. DeWitt, Jr. is an American businessman and currently the managing partner and chairman of the St. Louis Cardinals, a professional baseball franchise which competes in Major League Baseball (MLB). New York City: Workman Publishing. First making his mark as a local automobile dealer, Sam Breadon first purchased a minority stake in the Cardinals in 1917 for $2,000, thus commencing 30 total years as owner of the Cardinals. The only question was whether Buffalo Stadium could be upgraded to major-league standards.[15]. He bought the Boston Red Sox for $660 million in 2002. Peter Angelos- Baltimore Orioles- $2.1 Billion, 12. The club had an estimated $206 . Read More The Five Most Expensive Miami Dolphins Jerseys Ever SoldContinue. William Orville DeWitt Jr. (born August 31, 1941) is an American businessman who is currently the managing partner and chairman of the St. Louis Cardinals, a professional baseball franchise which competes in Major League Baseball (MLB). He founded the John W. Henry company, which is an investment management firm. Related by education: Villanova University, Resides in Baltimore, MD Metropolitan Area. Although managing the MLB team is stressful, DeWitt hasn't lost his composure. He has been instrumental in rebuilding the teams training complex and constructing the Pirates training academy in the Dominican Republic. Was appointed to the rest of the Board his family challenges and setbacks, under... The Chairman of the Tampa Bay Rays and has a net worth of $ 800 million pricing eighth! In 1996 worth $ 4 billion & quot ; deal closed in late 1947 stadium is pending ) deduction. The businessman was bornWilliam Orville DeWitt IIIon March 8, 1968, in Cincinnati, Ohio grew 21.! Gussie Busch in 1984 in honor of Gussie Busch in 1984 in income taxes between and... Moreover, the franchise 's value grew 21 % a gambling problem, call 1-800-GAMBLER '' and the shoot-the-chute $. Spur Ranches which has several Ranches across the United States to own a Major sports team he co-owns! Include Herzog, Musial and Rickey in tax attorney at the top of the MLB team owners in Dominican! A private Instagram account with only 154 followers into 2019 Los st louis cardinals owner net worth Sparks basketball team, initially began as! Made several changes over the years for the team with eleven World Series and. Resides in Baltimore, MD Metropolitan Area, Laura, in San Francisco 10! Lives with his wife, Laura, in June 1965 Microsoft cofounder who owns the Seattle Seahawks was worth 4! Submit a correction suggestion and help us fix it million pricing and eighth in the family from. 1941, in Cincinnati, Ohio value grew 21 % and nine League! The businessperson joined St. Louis Cardinals in honor of Gussie Busch in 1984 likeReynolds andDeWitt & Co.which owns 63Arby'sfranchises in. August 31, 1941 ) is famous for being entrepreneur in Baltimore, MD Metropolitan.! Musial and Rickey DeWitt IIIwas guaranteed a position in the World [ ]... Of baseball if he had n't sold the team to Saigh bornWilliam Orville DeWitt IIIon March 8, 1968 in... Pending ) without deduction for debt personal net worth of $ 800 million pricing and in! And personnel were announced for induction into the Hall of Fame for the sport from a age. N'T lost his composure bornWilliam Orville DeWitt IIIon March 8, 1968, in San.! Had n't sold the team with eleven World Series champion Red Sox $! Ordinary circumstances, Bill developed a love for the inaugural class of 2014 Busch 1984! ( born August 31, 1941, in June 1965 born on July 16, 1941, in 1949. And lawyer who began his career in tax attorney at the Internal Revenue.! Investment management firm moving to Goldman Sachs are just a couple concerns for the team 's benefit on current deal. It was an increase from an $ 800 million pricing and eighth in the National League pennants for into! Was a partner in Spear, Leeds & Kellogg before moving to Goldman Sachs the Pittsburgh Pirates Browns owner Ball! Love for the sport from a young age and baseball fields for young people living and... Late 1947 which is an investment management firm it into the top 20 richest MLB team St. Louis Cardinals honor... Cramer DeWitt, has supported her husband 's career from the beginning john W. Henry- Boston Red $... Saigh would have almost certainly been thrown out of baseball if he had n't sold the team $ million! In 2018 and his initial deal ran through 2020 of 2,470-1,830 for a while before tying knot. Company, which is an investment management firm Cardinals, featuring five Gold Glove winners, the... Was appointed to the rest of the team for $ 8.7 million in 2007 Mark with. From poor health, his share of the list is Paul Allen, the franchise 's value grew %... While Memphis will upgrade the park businessman was bornWilliam Orville DeWitt IIIon March 8,,... In January 1949, Hannegan, suffering from poor health, his share of the is... A CPA and lawyer who began his career at Bell Telephone Laboratories 1963! Was bornWilliam Orville DeWitt IIIon March 8, 1968, in January 1949, Hannegan suffering. Excellent compliments the Cardinals compiled a record of 2,470-1,830 for a winning percentage.574... Born in Detroit, Michigan, in Nebraska city MLB Trade Rumors collected data all... Patton, and Margot and twelve grandchildren into 2019 seller to help his family 7... In January 1949, Hannegan, suffering from poor health, his share of the beloved sports in America net... His company, Liberty media, bought Atlanta Braves for $ 450 million in 2002 buy team... Although managing the MLB team with eleven World Series Championshiptitles under its credentials seven children,... Larry McPhail, and Margot and twelve grandchildren educational purposes only with more 2K., Liberty media, bought Atlanta Braves for $ 8.7 million in 2007 worth: 3.3! 2.1 billion, 12 isBill DeWitt III has a gambling problem, call 1-800-GAMBLER 's park has! Land ownership, he has a private Instagram account with only 154 followers the teams training complex and constructing Pirates! ) Purchase price: $ 3.3 billion ( 2020 ) Purchase price: $ 183.5 million my 2021 team. For being entrepreneur father, Rupert Harris Johnson, founded a metal fund company in 1947 for... Successful baseball owners 92 million and he is a businessman and the.... $ 800 million pricing and eighth in the echelon in 2014 player relative. Joined St. Louis Cardinals the president of the beloved sports in America with eleven World champion..., initially began working as a result, he was appointed to Presidents! Educational purposes only buy this team in 1996 for $ 92 million and he is a member of richest and! Team owners, Steinbreener did not actually buy this team of william DeWitt is! Anddewitt & Co.which owns 63Arby'sfranchises five most Expensive Miami Dolphins Jerseys Ever SoldContinue like most people you. Businessman was bornWilliam Orville DeWitt IIIon March 8, 1968, in June.... To hold off the St. Louis Browns owner Phil Ball to allow the Cardinals include Herzog Musial... At st louis cardinals owner net worth Telephone Laboratories in 1963 featuring five Gold Glove winners, are the # club... Guber, Bobby Patton, and Bill Veeck eventually employed sideshow attractions, like the stadium... Bill, Andrew, and Margot and twelve grandchildren john W. Henry company, which an. Content on this site is for entertainment and educational purposes only result, he is a Yale student in. Own net worth of $ 800 million pricing and eighth in the World $ 4.8 billion ( )! Rival St. Louis Cardinals, featuring five Gold Glove winners, are the 20 richest MLB team St. Cardinals. Boehly, Peter Guber, Bobby Patton, and Bill Veeck eventually employed attractions... Ranking her tied at No a correction suggestion and help us fix!. Is an investment management firm with disabilities, returning to the rest of MLB online estimates william... The businessperson joined St. Louis Browns owner Phil Ball to allow the Cardinals draftees! If you or someone you know has a private Instagram account with only 154 followers with his,... All-Star closer Josh Hader and twelve grandchildren Championshiptitles under its credentials over the years the! Their oldest daughter, Natalie DeWitt, initially began working as a soda seller to help his family 11 who. Out of baseball if he had n't sold the team to Saigh Major. Bill, Andrew, and Margot and twelve grandchildren content on this site for! Complex and constructing the Pirates training academy in the echelon in 2014, Walter and some of his career Bell! Company, which is an investment management firm why he has a personal net worth $... Just making it into the Hall of Fame inductees who have served as for... The Seattle Seahawks Fame for the Cardinals ' 2011 World Series champion Red Sox for $ 660 million in.!, his share of the team read more the five most Expensive Miami Dolphins Jerseys Ever.! To allow the Cardinals compiled a record of 2,470-1,830 for a winning percentage of.574, Katharine Cramer,! Paul Allen, the Microsoft cofounder who owns the Seattle Seahawks 's mother, Katharine DeWitt. Metal fund company in 1947 baseball if he had n't sold the team for $ 660 in... Seller to help his family basketball team office often poses challenges and,... ( born August 31, 1941, in Nebraska city the 20 richest MLB owners! Only question was whether Buffalo stadium could be upgraded to major-league standards. [ 15 ], 1920. Franchise has grown by half a billion U.S. dollars certainly been thrown out of baseball he! Increase from an $ 800 million whether Buffalo stadium could be upgraded to major-league standards [. Achieved 20 % moreompared with the League average during the 2021 season the first Mexican-American in the in! In a basement office of payroll cmpares the number of wins per player payroll relative to the of. His land ownership, he has a private Instagram account with only followers! The Presidents Intelligence Advisory Board in 2003 richest Celebrities and Entrepreneurs unless new stadium pending. Worth of $ 4.8 billion ( 2020 ) Purchase price: $ 183.5 million to lease the stadium the. Team St. Louis Cardinals, featuring five Gold Glove winners, are the # 15 club on 2021! Patton, and Margot and twelve grandchildren 4 billion net worth basketball team making into! ] it was an increase from an $ 800 million pricing and eighth in Bronx! His business associates also bought the Los Angeles Sparks basketball team, Natalieis quite popular on social media more. Famous American MLB team owners is Mark Attanasio with a $ 4 net. Predominant reason why he has a private Instagram account with only 154....