Venus and Serena Williams Miami Dolphins ownership percentage is 0.5% each. The Williams sisters are among the wealthiest tennis players in the world.
Likewise, they are considered among the best to grace women’s tennis. They were coached by their parents, Richard Williams and Oracene Price.
Venus started her professional career in 1994 at fourteen, while Serena turned pro in 1995. Since then, both sisters have participated in singles, doubles, and mixed doubles, winning several trophies and accolades.
They were invited to own a minority stake at the Dolphins in 2009, along with other celebrities. They became the first African-Americans to own an NFL franchise.
At that time, the team was with $1 Billion. In 2023, the team value surpassed the four billion mark and is among the league’s wealthiest clubs.
Harry Wayne Huizenga Sr. has been a part of the Miami Dolphins since 1990. Likewise, in 1994, he became a complete owner before selling a 50% stake to Stephen M. Ross in 2008.
Serena Williams Miami Dolphins Percentage
Serena Williams owns a 0.5% stake in the Miami Dolphins organization. She joined the minority ownership group in 2009 along with her sister Venus.
Williams net worth in 2023 is $290 million. She is the only female in the top 50 list of Forbes’s The World’s Highest-Paid Athletes (2023). The tennis superstar secures the 49th place.
The 41-year-old earned $95 million in prize money from all tennis competitions before bidding farewell in 2022. She makes $45 million from endorsements.
The 23-time Grand Slam winner also bags a significant amount from her firm, Serena Ventures.
Similarly, she is a co-founder of the startup called Will Perform, which was launched in 2022. It specializes in tropical products for pain relief, muscle and skin care.
She became a producer in April 2023 when she invested in a multimedia company called Nine Two Six Productions.
The four Olympic Gold medalist has been married to Alexis Ohanian, co-founder of Reddit, since 2017. Alexis Ohanian’s net worth is $150 million.
Venus Williams Ownership
Venus Williams stake at Miami Dolphins is also 0.5%, just like her younger sister Serena Williams. She is among the five percenters with part-ownership.
The elder Williams sister was the 6th Highest-Paid Female Athlete in the Forbes 2022 list.
Venus Williams’s net worth is $95 million in 2023. She earned $42,403,103 from prize money in her 30-year professional tennis career.
Around $12 million comes from her endorsements. She has been affiliated with Alcon, American Express, Asutra, Blue Cross Blue Shield Association, Clif Bar & Co., Credit Karma, GhostBed, Lacoste, PlantX Life, Stitch Fix, Venus Concept, and Zeel.
The former World No. 1 and seven Grand Slam Singles winner is the CEO of V Starr Interiors, an interior design firm.
She also owns a fashion line called EleVen. She partnered with Steve & Barry in 2007 to start the business venture.
The five-time Wimbledon winner wrote and released her book ‘Come to Win; On How Sports Can Help You Top Your Profession’ in June 2010. It ranked in the top 5 on The New York Times Best Seller List.
Who Owns Miami Dolphins?
Stephen M. Ross owns the majority share of the Miami Dolphins. The 83-year-old bought 50 percent of the stake from Wayne Huizenga for $550 million in 2008.
A year later, on 20th January 2009, Ross purchased another 45% stake. He paid 1.1 billion dollars to acquire a 95% share of the Miami Dolphins ownership percentage and Hard Rock Stadium.
Stephen M. Ross net worth in 2023 is $11.6 billion. He is placed 147th in the Robest World’s Billionaires List.
The real estate developer is the chairman and primary owner of The Related Companies. The company owns properties in California, Abu Dhabi, and Shanghai worth $60 billion.
The alma mater of the University of Michigan is primarily credited for his worth in building Deutsche Bank Center and Hudson Yards Redevelopment Project.
In August 2022, Ross was suspended for two months by the NFL, citing tampering charges for holding talks with Tom Brady and Sean Payton. He was fined $1.5 million.
Following that incident, Stephen declared his plan to hand over the franchise’s ownership to his daughter Jennifer Ross. Before that, Bruce Beal, the Vice Chairman of the Dolphins, was in line to step up into the owner role.
Miami Dolphins Minority Owners
Miami Dolphins’ owners include Williams sisters, Marc Anthony, Emilio Estefan, Gloria Estefan, and Fergie.
At one point, Jennifer Lopez was also a part owner of the team in 2009. She was married to Marc then. But following the divorce in 2014, Lopez was removed from the ownership group, and Anthony kept the stakes.
Emilio and Gloria Estefan have 27 Grammy Awards and are a power couple in the music industry.
Fergie has been active in the music industry since 1984. Her run with Black Eyed Peas saw her rise to the top of her game. She is also an entrepreneur and has invested in footwear, fragrance, and cosmetics.
Likewise, Tom Brady joined the Las Vegas Raiders as a part-owner in 2023. Lewis Hamilton also owns a part in the Denver Broncos. He joined the part-owner’s group in 2022.
How Much Are The Miami Dolphins Worth?
Miami Dolphins net worth in 2023 is $3.42 Billion, making them the 15th richest NFL club. Forbes reported their valuation at $4.6 Billion in 2022.
The $3.42 billion valuation in 2023 represents only a portion of their wealth. The regular NFL season is set to commence from 7th September and will bring in a load of riches for the franchise. Their actual 2023 valuation can be learned at the end of the year.
Similarly, the 4.6 billion dollar wealth amassed by the franchise placed them at the #13 spot among the 32 teams in the league. Dallas Cowboys conquers the top position with a team value of $8 billion. They have a $7.64 net worth in 2023.
The Dolphins play at Hard Rock Stadium, valued at $689 million. The venue can host 64,767 spectators, and the average ticket price is $148.
Their sports earning account is 67.7% which amounts to $3,116 million. The team’s market value is $556 million, and its brand value garners $239 million.
Their total revenue was $533 million in 2022, while the player expenses and operating income were $219 million and $160 million. Ticket sales, merchandise sales, sponsorships, and partnerships present various paths for the franchise to accumulate wealth.
Lexus and AmeriSave Mortgage Corporation are some of the companies the Dolphins have engaged in multi-year partnership deals with.