owner of the rams

Who Is The Owner Of The Rams?

Today, we will discuss everything about the owner of the Rams in detail. We are halfway through 2022, but the Rams’ owner is already one of the biggest winners of the year! Without wasting much time, let us now find out who is the owner of the Los Angeles Rams.

Who Is The Owner Of The Rams?

The owner of the Rams is Enos Stanley Kroenke who is an American billionaire businessman. He is also the owner of Kroenke Sports & Entertainment which is the holding company of Arsenal F.C. and Arsenal W.F.C.

You can keep on reading further to know more about the owner of the LA Rams.

About The Owner Of The Rams

Stan Kroenke was born in Columbia. He grew up in Mora, an unincorporated community with a population of two dozen. Over here, his father owned Mora Lumber Company. Stan’s first job was sweeping the floor at his father’s lumber yard. However, by age 10 he kept the company’s books. During his high school days at Cole Camp, he played baseball and basketball.

The original owner of the Rams founded the Kroenke Group in 1983. It is a real estate development firm that has built several shopping centers and apartment buildings. Stan has also developed many plazas near Walmart stores. Later on, he got married to Ann Walton. Stan Kroenke’s wife is a Walmart heiress. 

The Rams’ owner is also the chairman of THF Realty which is an independent real estate development company. This company specializes in suburban development. In 1991, Stan founded this corporation in St. Louis, Missouri. THF’s portfolio was valued at more than $2 billion in 2016!

Kroenke’s sports empire also includes the Denver Nuggets, Colorado Avalanche, Colorado Rapids, and the U.K.’s Arsenal soccer club. Arsenal owner is a major landowner with more than 1.5 million acres of ranches around the U.S. and Canada.

In 2017, Stan came under fire for launching a British outdoor sports television channel. This channel showed regular hunting programs that included killing elephants, lions, and other African species.

Stan became full owner of both the Denver Nuggets and Colorado Avalanche. He purchased these teams from Charlie Lyons’s Ascent Entertainment Group. Later, he became part-owner of Colorado Crush. He partnered with Denver Broncos owner Pat Bowlen and John Elway. Stan also purchased Colorado Mammoth and Colorado Rapids from Phil Anschutz.

Stan became even wealthier when he and Ann inherited a stake in Walmart after her father’s death. He preferred to avoid the spotlight due to which he was widely known as Silent Stan. because he never gave interviews to the press and rarely interferes in his teams’ day-to-day operations.

The owner of the Rams’ net worth is around $12.9 billion USD! During the 2016’s US presidential campaign, he donated about $100, 000 to the Hillary Victory Fund. He even donated $1 million to Donald Trump’s inaugural committee. Now, you must be wondering how old is the owner of the Rams. Stan is 75 years old and lives a life away from the limelight. 

Stan Kroenke’s son Josh Kroenke is an American heir to Kroenke Sports & Entertainment. Josh is involved in running the Denver Nuggets basketball franchise, the Colorado Avalanche ice hockey franchise, and the Colorado Avalanche. He also has a sister named Whitney Kroenke Burditt.

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FAQ

How Did Stan Kroenke Make His Money?

According to a profile in The New York Times, Kroenke founded a real estate development firm in 1983 and made his initial fortune developing shopping centers anchored by Walmarts. Stan Kroenke is the 70th wealthiest person in the United States, with a net worth of $10.7 billion, according to the Forbes 400 website.

How Much Did Stan Kroenke Buy The Rams For?

In 2010, Kroenke finally exercised his right to buy up the remaining 60% of the Rams in a deal that valued the team at $750 million. The Rams are now worth $4.8 billion, according to Forbes.

How Much Do The Rams Make A Year?

In 2021, the revenue of the Los Angeles Rams was 628 million U.S. dollars. The Rams franchise relocated from St. Louis to Los Angeles prior to the 2016 season.

Who Is The CEO Of The LA Rams?

Kevin Demoff is in his 14th year as Chief Operating Officer with the Rams. In this capacity, Demoff serves as the team’s top front office executive and liaison to owner and chairman, Stan Kroenke, on all organizational matters.

Conclusion

Stan continued to grow his sports empire. In fact, he was of German descent and was raised Lutheran. However, The Land Report magazine ranked the owner of the Rams as the United States ninth-largest landowner in 2015!

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