Stan Kroenke is a famous American billionaire businessman best known as the owner of Kroenke Sports & Entertainment.
Enos Stanley Kroenke was born on July 29, 1947, in Columbia, Missouri, United States. Not much is known regarding his early life and family background, however, he grew up in Mora, Missouri, where his father owned Mora Lumber Company.
Stan Kroenke is of German descent and was raised Lutheran. His first job was sweeping the floor at his father’s lumber yard and was later keeping the company’s books when he was 10 years old. He attended Cole Camp (Missouri) High School where he played baseball, basketball and ran track.
Stan Kroenke is presently the owner of Kroenke Sports & Entertainment, which is the holding company of English Association football clubs Arsenal F.C. and Arsenal W.F.C., the Los Angeles Rams of the NFL, Denver Nuggets of the NBA, Colorado Avalanche of the NHL, Colorado Rapids of Major League Soccer, Colorado Mammoth of the National Lacrosse League, the Los Angeles Gladiators of the Overwatch League, and the newly formed Los Angeles Guerrillas of the Call of Duty League.
Stan Kroenke is married to Ann Walton, the daughter of Walmart co-founder James “Bud” Walton. The pair first met on a ski trip to Aspen, Colorado and later tied the knot in 1974.
Stan Kroenke Net Worth
Stan Kroenke has a net worth estimated to be $10.7 billion.
How did Stan Kroenke get his money?
Stan Kroenke made his money from real estate. He founded the Kroenke Group in 1983, a real estate development firm that has built shopping centres and apartment buildings. However, he became even wealthier when he and his wife Ann inherited a stake in Walmart upon the 1995 death of her father, James “Bud” Walton.
Stanley Kroenke owns 30 million square feet of real estate with much of it being shopping plazas near Walmart stores. He also owns the Los Angeles Rams, which he moved back to California from St. Louis in 2016.