Who is Clara Wu Tsai wife of Joseph Tsai, her net worth, age, daughter and foundation

Who is Clara Wu Tsai wife of Joseph Tsai, her net worth, age, daughter and foundation

Joe Tsai is a famous businessman and the owner of NBA team the Brooklyn Nets, find out more about his wife Clara Wu Tsai and her net worth

The NBA currently has various team owners who are extremely involved with their own franchises and Joe Tsai is definitely one of them.

Who is Clara Wu Tsai wife of Joseph Tsai, her net worth in 2023, age, daughter and foundation

Under Joe Tsai, the Brooklyn Nets have become a very successful NBA team boasting the likes of players like Kevin Durant, Kyrie Irving, and Ben Simmons.

Joe Tsai wife and brief bio

Joe was born in Taipei, Taiwan in 1964 and is currently married to his wife Clara Wu Tsai who also works in the corporate industry. Along with Joe, Clara is a co-owner of the Nets franchise, and the New York Liberty in the WNBA. Besides that, Clara co-owns the San Diego Seals and the Las Vegas Desert Dogs in the National Lacrosse League (NLL) with her husband Joe.

Clara graduated with a Bachelor’s degree in Arts at Stanford University, and later got a Master’s degree in International Affairs. Clara graduated in the year 1988. After five years later, Clara went and got her Master’s degree in Business Administration from Harvard University.

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Joe on the other hand has an undergraduate degree in Economics and East Asian Studies from Yale University. The 59-year-old billionaire also completed his law degree from Yale Law School.

Clara Wu Tsai Age: 55 ; Country: United States ; Born: 1966.
Net Worth: $10 Billion
Height: 1.6m. (5′ 2″)

Wu Tsai was born in the sixth-largest city of Kansas, United States, in 1966 and her father, Dr. De Min Wu was a professor of economics at the University of Kansas while her mother’s name is Chin-Sha Wu.

She became a board member and founding member of the non-profit organization — REFORM Alliance which is well known for establishing criminal justice.

Marriage

Clara Wu Tsai and Joe Tsai got married back in October 1996.

Children and family

Clara and Joe together have three children, all sons, following their marriage – Dash, Jacob, and Alex. All the three children are lacrosse players and have shown to be very talented in their own playing careers.

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Joe Tsai net worth

According to various sources, Joe Tsai has an estimated net worth of around $10.5 billion.

The Taiwanese-Canadian currently works as the executive vice-chairman of the Alibaba Group and is one of its cofounder. Moreover, only Jack Ma holds shares in the company than Tsai. Jack Ma and Tsai met in 1999 when Jack was working from a tiny apartment in Hangzhou, China. Tsai reportedly quit a $700,000 a year job to work with Ma.

Joe Tsai and the Brooklyn Nets

Back in 2009, Russian-Israeli politician and businessman Mikhail Prokhorov bought the Brooklyn Nets known as New Jersey Nets back then. Mikhail reportedly paid around $400 million for the franchise and moved it from New Jersey to Brooklyn.

Mikhail bought the Barclays Center as their home arena and officially revamped the team in 2012, even changing the teams’ primary colors to black and white. The Russian billionaire failed to lead the franchise to an NBA final appearance despite all the changes.

As such, in 2018, Joe Tsai stepped in and bought 49% of the Brooklyn Nets from Prokhorov. He stated back then:

As a lifelong sports fan, I am very proud to join the Nets ownership and the NBA family. I lived in New York in the early days of my career and the City holds a special place in my heart.

A few months later, Joe bought the remaining 51% stake from Prokhorov and became its single owner. Joe Tsai reportedly paid around $3.4 billion each stake said to cost around $2.3 billion. Tsai even paid the $1 billion for the franchise’s home arena the Barclays Center.

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