The Buss Family: From Owners of the Los Angeles Lakers to Billionaires
19 june 2025 в 19:13
The Bass family was known as the primary owners of the Los Angeles Lakers until 2025. Acquired by the late Jerry Buss in the 1970s, his 66% stake in the basketball team was passed on to his children in a trust. His daughter Jeanie Buss became the governor and representative of the Lakers, as the team became a dominant force in the NBA. And with the success of any sports franchise, the Bass family’s net income grew along with the Lakers' fortune.
Just a few months before the sale of the Lakers, Jeanie gave an interview to NPR about the Netflix series «Running Point» and opened up about her experience continuing the family business. (Running Point parodies the life and career of Jeanie).
«Most businesses in this country are family businesses. And everyone has a family», - Jeanie emphasized. «If you work with them, disagreements happen. But at the end of the day, what unites you is the team or business, and you want to build something successful. When you are on the business side of the team, you have obligations to your partners, such as banks, sponsors, fans. You have to take responsibility for the product you sold them, the one they expect from you».
Find out below how much the Bass family is worth now, after reportedly selling the Lakers for a billion dollars.
According to several sources, Jerry bought the Lakers from Jack Kent Cooke for $ 67.5 million in 1979. This amount is equivalent to approximately $ 300 million in 2025.
Thanks to Jerry’s career and ownership of the Lakers, the Bass family has a significant net income. According to Celebrity Net Worth, Jerry’s net worth is $ 700 million, while Jeanie’s fortune currently stands at $ 1 billion, according to Celebrity Net Worth.
Apparently, the Lakers were worth $ 10 billion, as the team was sold for that amount. In October 2024, Forbes estimated the team’s value at $ 7.1 billion. The publication reported that the Lakers' revenue exceeded $ 500 million, and the «operating income» was just under $ 200 million.
Several sources reported in June 2025 that Mark Walter bought the Lakers for $ 10 billion
Just a few months before the sale of the Lakers, Jeanie gave an interview to NPR about the Netflix series «Running Point» and opened up about her experience continuing the family business. (Running Point parodies the life and career of Jeanie).
«Most businesses in this country are family businesses. And everyone has a family», - Jeanie emphasized. «If you work with them, disagreements happen. But at the end of the day, what unites you is the team or business, and you want to build something successful. When you are on the business side of the team, you have obligations to your partners, such as banks, sponsors, fans. You have to take responsibility for the product you sold them, the one they expect from you».
Find out below how much the Bass family is worth now, after reportedly selling the Lakers for a billion dollars.
According to several sources, Jerry bought the Lakers from Jack Kent Cooke for $ 67.5 million in 1979. This amount is equivalent to approximately $ 300 million in 2025.
Thanks to Jerry’s career and ownership of the Lakers, the Bass family has a significant net income. According to Celebrity Net Worth, Jerry’s net worth is $ 700 million, while Jeanie’s fortune currently stands at $ 1 billion, according to Celebrity Net Worth.
Apparently, the Lakers were worth $ 10 billion, as the team was sold for that amount. In October 2024, Forbes estimated the team’s value at $ 7.1 billion. The publication reported that the Lakers' revenue exceeded $ 500 million, and the «operating income» was just under $ 200 million.
Several sources reported in June 2025 that Mark Walter bought the Lakers for $ 10 billion
© Zhinobaeva Margarita
