A look at the billionaire owner of Arsenal and Denver Nuggets Stan Kroenke and the American’s massive sporting empire along with the net worth of Stan Kroenke in 2023
Stan Kroenke, owner of Arsenal, is well-positioned for success with his squad following the Denver Nuggets’ thrilling triumph in the NBA’s Western Conference Finals.
A well-known NBA basketball team formerly known as the Denver Larks made their debut in 1967 as the Denver Rockets, later changing their name to the Denver Nuggets. However, it has been known as the Nuggets since 1974, and Jamal Murray and Nikola Jokic are currently some of its best players.
“Kroenke Sports and Entertainment,” Stan Kroenke’s company, is the owner of the Premier League team Arsenal and NBA team Denver Nuggets, and many other sporting teams. He is a successful businessman who has built a solid name in the field and is enthusiastic about what he does.
Who is Stan Kroenke owner of Arsenal and Denver Nuggets, net worth in 2023, wife, son, family, age
Recent successes of Stan Kroenke-owned American sports teams:
• LA Rams win the Super Bowl (February 2022). 🏈
• Colorado Mammoth win Lacrosse League Cup (June 2022). 🥍
• Colorado Avalanche win Stanley Cup for the first time since 2001 (June 2022). 🏒
• Denver Nuggets… pic.twitter.com/wirbVxN0Sx
— afcstuff (@afcstuff) May 23, 2023
Stan was a high school basketball player growing up, but after receiving his bachelor’s and master’s degrees, he made the decision to concentrate on the real estate sector.
That decision proved to be very successful for him as the former athlete went on to build a full empire of wealth. Stan started his professional career with the Kroenke Group, a business that worked in the real estate sector.
On a ski trip to Aspen, Colorado, Kroenke met his wife, Ann Walton, an heiress of the Walmart fortune who is worth $9.1 billion, as of 2023. They married in 1974 and he is of German descent and was raised Lutheran.
Born: 29 July 1947 (age 75 years), Columbia, Missouri, United States
Net worth: 1,290 crores USD (2023) Forbes
Spouse: Ann Walton Kroenke (m. 1974)
Own: Arsenal F.C.
Children: Josh Kroenke, Whitney Ann Kroenke, Katie Kroenke, Brett Kroenke
Parents: Alvin Kroenke, Evelyn P. Kroenke
Organizations founded: Kroenke Sports & Entertainment, Altitude Sports and Entertainment, Kroenke Group, THF Realty
The Nuggets’ owner grew his business into a number of lucrative industries as it experienced rapid expansion. Additionally, in 2000, when he purchased the Denver Nuggets, he got a good deal.
Along with the Nuggets, he also acquired the Los Angeles Rams of the NFL, the Colorado Avalanche of the NHL, the Major League Soccer’s Colorado Rapids, the National Lacrosse League’s Colorado Mammoth, the Overwatch League’s Los Angeles Gladiators, and the Call of Duty League’s Los Angeles Guerrillas.
What is Stan Kroenke’s net worth?
The Nuggets’ owner is estimated to have a net worth of $12.5 billion as of 2023. Only his superb investment portfolio is to blame for his mastermind wealth.
Stan has owned the Denver Nuggets for approximately 23 years since purchasing them. The team is working hard to keep up his impressive career stats and move forward on his enormous shoulders.
Meanwhile, in order to win the series 4-0, claim their first Western Conference crown, and advance to their first NBA Finals, the Denver Nuggets defeated the Los Angeles Lakers 113-111 in Los Angeles in presence of Kroenka and his son Josh, the co-chairman of Arsenal.