In 2012, he led a group including Guggenheim Partners and Stan Kasten in buying MLB's Los Angeles Dodgers franchise, at the time the largest amount ever paid for a professional sports team. He has since split the company. 88%. In the early 2010s, Harris led investment groups that purchased the Philadelphia 76ers of the National Basketball Association (NBA) and the New Jersey Devils of the National Hockey League (NHL). It still represents an important step forward in the sale of the franchise: Josh Harris' group is, in fact, nearing a deal to buy the #Commanders for just under $6B, sources say. Harris, who lives in New York City, attends Sixers games regularly. There were certainly whispers of impatience from ownership while the team was rebuilding one source within the organization had told me that when Ray Shero was GM, he had to explain to his bosses on multiple occasions why it wasnt time to pursue a star player in a trade or free agency because he needed more time to rebuild the foundation. David Blitzer is a rich equity investor with amassive Net Worth of $1.3 billion. According to Forbes, he purchased the Philadelphia 76ers for $280 million in 2011. Other NFL owners also own other sports teams. Technicalities aside, here is the Premier League's richest billionaires in ascending order. On August 15, 2013, it was announced that a group led by Joshua Harris and partner David Blitzer have purchased a majority stake in the New Jersey Devils of the NHL, which includes the rights to operate Prudential Center arena in Newark, New Jersey. He also won five NBA championships and was three times named NBA Finals MVP. Managing Director Tactical Opportunities - New York View full list David Blitzer is the Global Head of Blackstone's Tactical Opportunities group (Tac Opps), and a member of the firm's Management Committee. The Wharton School at the University of Pennsylvania. What does David Blitzer do with his money? His current net worth is somewhere around $1.5 billion. Blitzer was born in Scotch Plains, New Jersey, and graduated from Scotch Plains-Fanwood High School before enrolling at the University of Pennsylvania, where he would graduate magna cum laude. Harris is perhaps best known for his first sports purchase, the Philadelphia 76ers. 44. David Blitzer has built up his wealth through a holding company co-owned with billionaire Josh Harris. David M.'s income mostly comes from and basic source is being a successful American businessperson. Guangchang is well known for donating millions of dollars to charity, and he describes himself as the "Chinese Warren Buffet.". Disclamer: David M. Blitzer net worth displayed here are calculated based on a combination social factors. He is one of the highest-paid salarymen at CNN, where he gets a paycheck of $5 million annually. Forbes estimates Harris' net worth to be $6 billion as of April 2023. Pro football has a reputation for imposing more conditions than other leagues, but rules have been loosened as prices rose quickly in recent years, thinning the herd of people rich enough to buy, according to a recent Washington Post review of the leagues rules. David Blitzer is a businessman who owns a stake in several sport franchises, including the NBA's Philadelphia 76ers, the NHL's New Jersey Devils, the Premier League's Crystal Palace and now the MLB's Cleveland Guardians. 4.8 Million. MORE: Magic Johnson ownership bid for NFL Commanders, explained: NBA legend joins group led by Josh Harris. Finally, Blitzer is a supporter and donor of Hillel International, the largest Jewish campus organization in the world which encourages Jewish undergraduate and graduate students to embrace their Jewish heritage. Blackstone has made other entertainment-adjacent deals like buying Reese Witherspoon's production company Hello Sunshine and Moonbug Entertainment Ltd., a firm known for children's YouTube channels. Johnson, 63, the well-known former Los Angeles Laker and NBA Hall of Famer, has previously owned a piece of the Lakers and currently has stakes in Major League Baseballs Los Angeles Dodgers, Major League Soccers Los Angeles FC, and the Womens National Basketball Associations Los Angeles Sparks. of the English Premier League, FC Augsburg of the Bundesliga, Waasland-Beveren of the Belgian Jupiler Pro League, the Scranton Wilkes/Barre RailRiders of the Triple-A International League, esport company Dignitas, and a senior executive at the private equity firm Blackstone Group. The best way to describe Harris is that hes typically involved but not making personnel moves. He greenlit then-general manager Sam Hinkie to execute The Process, a complete teardown strategy that saw the Sixers amass a 47-199 record in three seasons. [24][25][26], Blitzer founded the Blitzer Family Foundation in 2014, which promotes youth development through education, athletics, and health. What Is Franchisor Financing? He is one of the highest-paid CNN anchors with a salary of around $5million as of . Each of the Sixers partners has significant sports assets. He also owns clothing line Jack Wills, department store chain House of Fraser, and high street gaming chain GAME. Their position represents reportedly less than 5 percent, which doesn't give them any control over team operations. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. This will make Blitzer, 52, the first person to hold equity in all five major U.S. sports leagues Major League Baseball (MLB), the National Basketball Association (NBA), the National Football League (NFL), the National Hockey League (NHL), and Major League Soccer (MLS). Johnson also fronted a group that purchased the WNBA's Los Angeles Sparks team in 2014. Johnson also had a short-lived role as an executive, becoming the Lakers' president of basketball operations in February 2017. Nothing is final or has been sent to the league. Record signing: Christian Benteke $34.0 million (Liverpool, 2016). He also bought a 5 percent stake in the Steelers in 2020. He is an executive at Blackstone and the co-founder of Harris Blitzer Sports & Entertainment, a sports management company which owns and operates the Philadelphia 76ers of the National Basketball Association and New Jersey Devils of the National Hockey League, among other brands and properties. Top editors give you the stories you want delivered right to your inbox each weekday. As per Some sources he takes good amount of money as an annual salary is $5 million . [11][12], In 2017, Blitzer and Harris founded Harris Blitzer Sports & Entertainment to consolidate their shared ventures. Millions of dollars. Sources close to the situation tell The Post that Harris and Blitzer have been. Harris and Blitzer created a holding company for their shared sports ventures, Harris Blitzer Sports & Entertainment. [13] . The 34-year-old is now the CEO and Chairman of duty free giant King Power, as well as the Chairman of both Leicester City and Belgian club OH Leuven. David Blitzer Global Head of Tactical Opportunities at Blackstone, Managing Partner of Harris Blitzer Sports & Entertainment Net worth: $5 Billion Birth Date: September 7, 1969 Place of. and other top brands or companies. The firm owns stakes of the Philadelphia 76ers and the New Jersey Devils as well as minority stakes in European soccer teams. In 2021, Harris announced he was stepping down from his day-to-day role at the company to focus on other ventures, including sports ownership. Besides approving seismic trades and free-agent signings and allowing the team to spend to the salary cap, the Devils managing partners have always earned high marks for approving staff improvements and investing in other off-ice areas, certainly since I started covering the team in March 2018. The Guardians are worth $1.375 billion, according to . David S. Blitzer is a co-managing partner and minority owner of the New Jersey Devils of the National Hockey League, Philadelphia 76ers of the National Basketball Association, Crystal Palace F.C. The owner of the team is said to be looking for a small shareholder. His mother was a homemaker whereas his father was . Harris and Blitzer also bought a small stake in the Pittsburgh Steelers in June 2020. Harris and Blitzer attend the Grand Reopening of Wollman Rink NYC in Central Park on Nov. 14, 2021. How did he make billions? his net worth has been growing significantly in 2021-2022. The company announced more than 9,000 layoffs on Friday. He was born to Polish-Jewish refugees Cesia Blitzer and David Blitzer. So, how much is David M. Blitzer networth at the age of 72 years old? According to various sources, David Blitzer has a net worth of approximately $1.3 billion. David Blitzer Family David S. Blitzer is a co-managing partner and minority owner of the New Jersey Devils has an Net Worth of $1.3 billion know all about him as like his Family, Parents, Wife, Children and Salary. Harris reportedly is worth about $6 billion. In 2010, Blitzer's father-in-law, Stuart Ross, who once owned the North American rights to the Smurfs franchise, was convicted of trying to extort $5.5 million from Blitzer in return for having no more contact with . If they do not make a deep playoff run this season, there is an expectation that there will be even more turnover. The Dan Snyder era in Washington is reportedly nearing its end. People familiar with the Sixers ownership group says Harris and Blitzers ownership of the Commanders wont change the teams plans to build a new arena in Philadelphia or its other initiatives. Harris and HBSE are likely better known to sports fans as the ownership group behind The Process, but the Devils have undergone a similar franchise overhaul during the time that Harris and Blitzer have been the clubs managing partners. Net worth score. Harris group also includes businessman Mitchell Rales and NBA legend Magic Johnson. We have a whole process around where the people that actually directly report to me kind of talk about what theyre trying to accomplish and how theyre trying to accomplish it, and then you just go back through all that, Harris said in 2019. One exception: The Green Bay Packers are owned by 537,000 individual shareholders under an old arrangement. The successor to the Dolan family, the longest-tenured owners in Cleveland's franchise history, is officially in place. He led an investment group that bought the Sixers in 2011 for $280 million. However, the investor hasnt said anything about the rumours himself. Record signing:Nicolas Pepe $87.1 million (LOSC Lille, 2019). Blitzer is a member of the investment group that won a $280 million bid for the purchase of the Philadelphia 76ers. Sometimes what happens in Vegas can't stay in Vegas. https://t.co/SXVRItAh0L, MORE: Why Daniel Snyder is selling NFL team & what to know about team's new owner Josh Harris. The way Harris describes it, he wants a general manager to explain the rationale for making specific moves. Married to Wife, Lynn Greenfield . Harris has ample experience. Moreover, the net worth includes the value of every team he has stakes in. Masisak. David Miller's full name is David Andrew Miller. Blitzer, who has a stake in the Philadelphia 76ers, New Jersey Devils, Pittsburgh Steelers, Real Saltlake, and now the Cleveland Guardians, is also Senior Managing Director & Head of Tactical Opportunities at Blackstone, an investment management company. As per Some sources he takes good amount of money as an annual salary is $5 million . David Blitzer Private equity investor Net worth: $1.3 billion David Blitzer co-founded Harris Blitzer Sports & Entertainment (HSBE) with fellow billionaire investor Josh Harris. I understand that the data I am submitting will be used to provide me with the above-described products and/or services and communications in connection therewith. In 2006, Rales and his wife Emily Wei Rales opened Glenstone, an art museum in Potomac, MD displaying the Rales' collection of post-World War II art, including paintings, sculptures, and both indoor and outdoor installations. Your email address will not be published. Record signing: Tanguy Ndombele $65.3 million (Olympic Lyonaiss, 2019). In June, 2022 Blitzer's proposal to acquire a stake in the Cleveland Guardians was approved by the MLB, marking his entry into baseball. December 22, 2021 by Kofi Tai Chi. Who is buying the Commanders? The proposal is for the arena to be completed by 2031 when the Sixers lease at Wells Fargo Center ends. He is also the principal owner of baseball team Boston Red Sox. West Ham is in the list of top 50 richest football clubs in the world. Reflects change since 5 pm ET of prior trading day. "You sit there as a fan your entire life I'm a huge sports fan and you see X, Y, Z owner and think, 'Wouldn't it be really cool to own a sports team,'" Blitzer told the New York Business Journal. Hofmann. By August of 2019,. $2.5 billion, according to our most recent tally. Visit Business Insider's homepage for more stories. David Blitzer, who on June 16 became minority owner in the Cleveland Guardians, has a net worth of $1.3 billion, according to a report last month from haqexpress.com. He is the Co-Founder of Harris Blitzer Sports & Entertainment, which bought the team in 2011. How he made his fortune: Abramovich made most of his money in the oil and metals industry, with the Russian selling his 73% stake in Sifnet to oil giant Gazprom for $13 billion in 2005. In 2013, he and Blitzer led another group purchase of the Devils for . How he made his fortune: Trained as a chartered accountant at University College London, Moshiri and his business partner, Alisher Usmanov, hold shares in mining and steel manufacturing giant Metalloinvest, and Russian wireless operator Megafon. Johnson is the most recognizable name of the Commanders new ownership group. How he made his fortune: Lewis' initial wealth came from the hospitality industry in the late 1970s and early 1980s, before he made a fortune on the foreign exchange market alongside George Soros. Blitzer said at the time of the Devils purchase, "We will be committed stewards of this great franchise and arena as we work closely with city and state leadership to ensure the Devils, their fans and the Newark and greater New Jersey community all share in the future success of their favorite team.. [20][21] He is married to Allison (ne Ross) Blitzer; they have five children. Jun 20, 2022. Read our privacy policy for more information. David Blitzer is a rich equity investor with a massive Net Worth of $1.3 billion. Assets of David Blitzer Home: David Blitzer is a billionaire American. How he made his fortune: Guo Guangchang is the founder and chairman of Fosun International, a Chinese international conglomerate and investment vehicle, whose portfolio covers everything from real estate to pharamecuticals. Katharina Liebherr and Gao Jisheng of Southampton FC have been excluded from the list because Liebherr sold 80% of her shares in the club to Jisheng in 2017, and the Chinese businessman's net worth is currently unclear having just lost control of his real-estate company, Lander Sports, according to the Financial Times. The 32-year-old Miller is primarily a left-handed middle order batsman. He also owns clothing line Jack Wills, department store chain House of Fraser, and high street gaming chain GAME. Harris and Blitzer would also form the Harris & Blitzer Sports Entertainment group (HBSE) which would consolidate all their holdings. Blitzer recently told Bloomberg that he expects continued large investments from equity firms in the sports business. Private equity investing is what David Blitzer does for a living and has done for many years. Harris and Blitzer were part of a consortium that bid for Chelsea F.C. He had to replace a general manager because of a scandal involving burner Twitter accounts. Johnson's reported net worth is about $620 million. David Blitzer is the Co-Owner & Co-Managing Partner of the Philadelphia 76ers. The group also includes NBA legend and former Lakers executive Magic Johnson, as well as Mitchell Rales. Donald Trumps real net worth? mining and steel manufacturing giant Metalloinvest, and Russian wireless operator Megafon. A native of Scotch Plains, New Jersey, Blitzer graduated magna cum laude from the Wharton School of Business at the University of Pennsylvania in 1991. Source of wealth:Cleveland Guardians, Crystal Palace, New Jersey Devils,Philadelphia 76ers, Pittsburgh [+], The World's 15 Youngest Billionaires 2023, The Top 10 Richest Women In The World 2023, Billionaires 2023: The Top 10 Richest People In The World, Forbes America's Top Colleges List 2022: Top 25 Highest Earnings, The Worlds 10 Highest-Paid Athletes 2022, Forbes America's Top Colleges List: Top 25 Success Factories. The companys key holdings include the Sixers, New Jersey Devils and the Prudential Center in Newark, N.J. Harris has presided over an interesting era of Sixers basketball. He said, People have realized at their core that these are amazing businesses in terms of the creation content and the ultimate value of media rights. Blitzer explained that investment firms are interested in sports teams for the value of their media rights and content related to televised competitions. Over time, investing in equities has enabled me to increase my net worth. This article is about the private equity investor. David Blitzer Net worth: $1.9 billion Citizenship: U.S. Today, he's the owner of the UK's largest sporting goods retailer, Sports Direct, which has over 400 stores across the country. He was a 12-time NBA All-Star, including nine times as a first-team selection. By clicking Sign up, you agree to receive marketing emails from Insider Who is he? There are limits on how much the group may borrow to finance the deal. David Blitzer Salary , How Much David Blitzer Earns? Thats what happened to the Pittsburgh Steelers: The late Art Rooneys descendants have sold pieces of the team, including minority shares to Josh Harris and to Hollywood mogul turned Pittsburgh investor Thomas Tull. He graduated from the Wharton School in 1991 and joined Blackstone Inc, where he serves as Global Head of Tactical Opportunities. This season will mark the Sixers sixth straight year in the playoffs, although they have yet to advance past the second round. You've finally found the right franchise so now it's time to ask yourself: How are you going to pay for it? Smith, along with New Jersey Devils and Philadelphia 76ers owner David Blitzer, were announced as the new majority owners of Major League Soccer club Real Salt Lake in January 2022. 2023 Forbes Media LLC. but has aimed even higher in soccer. Record signing: Virgil van Dijk $92.2 million (Southampton, 2017). Record signing:Kepa Arrizabalaga $87.1 million (Athletic Bilbao, 2018). The other members of the investment group are: Joshua Harris of the private equity firm Apollo Global Management, portfolio manager Art Wrubel, and former NBA agent and Sacramento Kings executive Jason Levien, all fellow Wharton School of the University of Pennsylvania graduates,as well as former Vail Resorts CEO Adam Aron, Martin J. Geller, David B. Heller, Travis Hennings, James Lassiter, Marc Leder, Michael Rubin, Will Smith & Jada Pinkett Smith, and Indonesian businessmen Handy Soetedjo & Erick Thohir.Comcast-Spectacor and Harris began talks in the summer of 2011. Private investment firms, sports brands, and royal inheritance are just some of the sources of money for the Premier League's richest. Does Turkey Have A Problem With The U.S. Navy? Blitzer's first acquisition was when he and fellow investors purchased a stake in the Philadelphia 76ers for $280 million in 2011. Team: Philadelphia 76ers Year Purchased: 2011 Price Paid: $287,000,000 Current Forbes Value: $330,000,000 Hes nowhere near as rich as he boasts, nor as poor as his critics claim. 23. The deal must still pass scrutiny by NFL management and win approval from NFL owners, who will next meet in May. David M. Blitzer Net Worth. Through Harris Blitzer Sports and Entertainment, Harris and business partner David Blitzer own the National Basketball Association's Philadelphia 76ers (purchased in 2011 for $208 million . Along with the team transaction came the operating interest in the Prudential Center and other related assets. He owns an 18% of Crystal Palace, the same amount as both David Blitzer and Steve Parish. In addition to the Philadelphia 76ers and New Jersey Devils, the company also owns the NBA G League's Delaware Blue Coats, the American Hockey League's Utica Comets, esports team Dignitas of New Meta Entertainment,[13][14] sports tech venture capital firm HBSE Ventures,[15] and marketing, hospitality, and event ticketing company Elevate Sports Ventures. Related: How Success Happened for Josh Harris, Co-Founder of Apollo Global Management and Co-Founder of Harris Blitzer Sports & Entertainment. At least two GOP House members have endorsed DeSantis would-be candidacy. Alongside his business partner - through their corporation HBSE - they were successful with a $280m bid for the 76ers back in 2011. I Built a Billion-Dollar Business in Just 10 Years, and, How Success Happened for Josh Harris, Co-Founder of Apollo Global Management and Co-Founder of Harris Blitzer Sports & Entertainment, Went From Sleeping in His Truck to Starting a 7-Figure Tax Business, One Entrepreneur's 'Laziness Principle' Can Make You More Money With Less Work, Why We Stay in Dysfunctional Relationships, 8 Rules to Live By in Franchise Marketing. David Blitzer was Born on 7 Setember 1969 and grew up in Scotch Plains, New Jersey.In 1987, he graduated from Scotch Plains-Fanwood High School.He graduated magna cum laude from the University of Pennsylvania in 1991.He has not Reveal anything about his parents and Family. All Rights Reserved. Net worth David Blitzer has reached the spot. The Guardians are worth $1.375 billion, according to Sportico, which ranks 21st out of 30 MLB teams. The 76ers have been known for having a top analytics department in the NBA for years, so Harris and Co. leaned on their expertise. After buying Washingtons NFL franchise in 1999, Daniel Snyder is finally selling the team. What's his current net worth? In 2013, Blitzer and business partner Joshua Harris would acquire the New Jersey Devils, and the rights to the Prudential Arena in Newark New Jersey, for a reported $320 million. The holding company he co-founded with Harris, Harris Blitzer Sports & Entertainment (HBSE), has a large number of professional sports teams in its portfolio. The fast food chain brings back its iconic, 'red-handed fugitive' to market updates to the Big Mac, McDouble, and Classic Hamburger and Cheeseburger. Real Estate Giant Brookfield Reportedly Defaults On Second Major Office Portfolio This YearHeres Why It Matters, Trump Pressure On DeSantis Builds: 5th Florida Rep. Endorses Him For 2024, 2023 Layoff Tracker: Ernst & Young, Davids Bridal Cut Thousands Of Jobs, Americans Belief In Stock Investing Hits 17-Year Low, Survey Finds, Peripheral Vision In Life: An Earnest Defender Of Serendipity. Through their sporting investment firm Harris Blitzer Sports & Entertainment, Harris and. In 1987, he graduated from Scotch Plains-Fanwood High School. Prospective investors who agree to buy an NFL team need the support of three-quarters (24 of 32) of NFL team owners. Rales, 66, is the co-founder of Danaher Corporation, a global conglomerate headquartered in Washington, D.C. that designs, manufactures and markets medical, industrial, and commercial products and services. Blitzer also owns a stake in the MLB's Cleveland Guardians, and he co-owns MLS' Real Salt Lake alongside Qualtrics cofounder Ryan Smith. David is a private equity investor by profession. Copyright 2023 Sporting News Holdings Limited. David Blitzer co-founded Harris Blitzer Sports & Entertainment (HSBE) with fellow billionaire investor Josh Harris. The foundation "promotes youth development through education, athletics, and health," according to its website. . While Harris might be new to the NFL, his years running the Sixers have provided some unique experiences. Dalton Schultz net worth: What is Schultz's contract with the Cowboys? The NFL wants new owner groups to have a leader, who puts up at least 30% of the price. 14.65% of the shares in Arsenal, before Moshiri sold his part to help fund his takeover of Everton. Josh Harris, a part-owner of the NBAs Philadelphia 76ers and the NHLs Jersey Devils, according to people familiar with the deal, Johnsons reported net worth is about $620 million, compelling Dan Snyder to sell the Commanders, allegations of sexual harassment and financial impropriety, NFL ended remaining cross ownership restrictions in 2018, Blitzer last year bought Real Salt Lake Major League Soccer, plans to build a new arena in Philadelphia, California residents do not sell my data request. Required fields are marked *. How he made his fortune: It was father Malcolm Glazer who masterminded the $1.47 billion takeover of Manchester United between 2003-2005, using the money he had earned in real estate, banking, and health care to gradually buy out United shareholders. According to Sportico, the group moving forward with the Commanders purchase is headlined by Josh Harris, a billionaire investor who already is co-owner in for the NBA's Philadelphia 76ers and NHL's New Jersey Devils franchises. Blitzer, along with his wife Allison, a fellow Penn graduate, runs the Blitzer Family Foundation. Blitzer, 52, was born in New J He was born on 10 June 1989 in Pietermaritzburg, Natal, South Africa. We have estimated David S. Blitzer's net worth , money, salary, income, and assets. There are now 12 billionaires who own Premier League clubs all of whom Business Insider has ranked by their net worth according to Forbes and The Sunday Times. That strategy landed an NBA superstar, Joel Embiid. The Sixers have experienced plenty of turmoil under Harris, including failed draft picks, uneven trades and poor free-agent signings. Washington Commanders owner Dan Snyder has agreed to sell his NFL team to a group of investors headed by Josh Harris, a part-owner of the NBAs Philadelphia 76ers and the NHLs Jersey Devils, for a record $6.05 billion, according to people familiar with the deal. In-office workers surveyed spent 40 minutes more weekly (on average) mentoring others than remote employees. The franchise reached an agreement with free agent LeBron James on a four-year contract in 2018, but did not reach the playoffs before Johnson resigned from his role in April 2019. Hofmann. He is a co-managing partner and minority owner of several sports teams. He is also co-owner of the MLS franchise Los Angeles Football Club, which debuted in MLS in 2018. He has been with the Blackstone Group since 1991 and is currently the Global Head of its Tactical Opportunities Group or Tac Opps. [6][7] In August 2013, Blitzer and Harris purchased the New Jersey Devils of the National Hockey League (NHL), which included the Prudential Center in Newark, New Jersey, for over $320 million. In January 2022, Blitzer would structure a similar agreement with Ryan Smith's Smith Entertainment Group (SEG) to take a controlling interest in the MLS franchise Real Salt Lake. Blitzer and Harris tried to buy the New York Mets in 2000, with the New York Post reporting at the time that Blitzer had a net worth of $1.3 billion. He owns a piece of the English Premier Leagues Crystal Palace F.C. Harris partners in the Commanders deal include David Blitzer, his partner in the Sixers and Devils; Mitchell Rales, a billionaire manufacturer from the Washington area; and former NBA star Magic Johnson. [1] He graduated magna cum laude from the Wharton School of the University of Pennsylvania in 1991 and joined Blackstone Inc, where he currently serves as Global Head of Tactical Opportunities and a member of their management committee. David Blitzer $1.9B Real Time Net Worth as of 4/14/23 #1612 in the world today About David Blitzer David Blitzer runs the tactical opportunities group at alternative investment. Following his playing career, Johnson became involved in numerous business interests, including sports franchise ownership. David Blitzer, the part-owner of the NBA's Philadelphia 76ers and the NHL's New Jersey Devils, . Income mostly comes from and basic source is being a successful American businessperson to... Chain GAME list of top 50 richest football clubs in the Prudential Center other... 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Also won five NBA championships and was three times named NBA Finals MVP 2.5,! As of April 2023 HSBE ) with fellow billionaire investor Josh Harris, who lives new... About the rumours himself a $ 280 million in 2011 mother was a 12-time All-Star... Through their sporting investment firm Harris Blitzer sports & amp ; Entertainment, Harris Blitzer &... Owner of baseball team Boston Red Sox borrow to finance the deal must pass. One of the Philadelphia 76ers and joined Blackstone Inc, where he serves as Global Head of Tactical Opportunities or! Of its Tactical Opportunities group or Tac Opps, Johnson became involved in numerous business interests, including times...