The End of 2012
American chemist, real estate investor and businessmanJerry Buss comes with an estimated net worth of $600 million in 2012. He’s regarded as the former holder of the National Basketball Association’s the Los Angeles Lakers.
He also possessed the Los Angeles Stringsof theWorld Team Tennis. Real estate was likewise the owner of theLos Angeles Lakers,The Forum, Los Angeles Sparksand NHL’sLos Angeles Kings.
In 2012, Jerry Buss has been hospitalized for many months due to a rumored intestinal problem. In February 2013, Jerry was reported to have cancer since 2012.
Gerald Hatten Buss was born onJanuary 27, 1933 inSalt Lake City,Utah. He took his Bachelor’s degree in the University of Wyoming, afterward attended the University of Southern Californiafor his masteral and doctorate degrees. He was previously wed toJoAnn Mueller. He has six children named Johnny, Jim, Jeanie, Janie, Joey, and Jesse.
Gerald Hatten “Jerry” Buss was an American entrepreneur and professional sports team owner who had a net worth of $600 million. Jerry Buss earned the bulk of his net worth as the owner of the Los Angeles Lakers basketball team. He was likewise the former owner of the Los Angeles Sparks (WNBA), the La Kings (NHL), and the Los Angeles Lazers (football).
Born in Salt Lake City, Buss was raised by his divorced mother, Jessie. When he was nine years-old, he moved along with his mother to Los Angeles; they moved to Kemmerer, Wyoming, three years later when she remarried. Buss earned a scholarship to the University of Wyoming, graduating with a B.S. degree in two and a half years in 1953. Then he returned to Los Angeles and attended the University of Southern California (USC), where he earned an M.S. and Ph.D. in physical chemistry in 1957 at the age of 24. Buss started as a chemist for the Bureau of Mines (now the Mine Safety and Health Administration); he then briefly worked in the aerospace industry and was on the faculty of USC’s chemistry department. He originally went into property investing as a way to provide an income so he could continue teaching. His first investment in the 1960s was $1,000 in a West Los Angeles apartment building. Finding great success in the real estate business, he pursued real estate investing full-time. In 1974 Jerry produced a picture named Black Eye starring former gridiron star Fred “the Hammer” Williamson. In 1979 Jerry purchased Pickfair Mansion in Beverly Hills in the estate of Mary Pickford. He was likewise the co-owner of a real-estate investment company called Mariani-Buss Associates with his long time business associate Frank Mariani. Buss became an owner in World Team Tennis, the Los Angeles Strings. He purchased the Los Angeles Lakers of the NBA together with the La Kings hockey team of the NHL, The Forum, and a large ranch from Jack Kent Cooke in 1979. Buss was a high-stakes cash game poker player for several years, but later in life was more active in tournament matches.