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After George's death, Hal Steinbrenner, his son, became the chairman of the Yankees. The Steinbrenner family also has financial interests in real estate, horse racing, and automobile racing. Forbes estimated the Steinbrenner family to be worth $3.8 billion in 2015, making them the 75th richest family in the United States. [1]
Steinbrenner's estimated net worth was $1.15 billion in 2009 according to the Forbes 400 List in Forbes magazine issued in September 2009. [51] He was the first owner of a baseball team to sell cable TV rights (to MSG Network). [52]
Managing general partner: Hal Steinbrenner. Net worth: $3.8 billion (Steinbrenner family; 2020) Purchase price: $8.8 million (1973) Current franchise valuation: $5.25 billion.
Hal Steinbrenner is the younger son of George (1930–2010) and Elizabeth Joan Steinbrenner (nee Zieg) (1935–2018). He has two sisters, Jessica Steinbrenner and Jennifer Steinbrenner (formerly Swindal). He is the younger brother of Hank Steinbrenner, who died in 2020.
A changing of the guard: Soto is a Met because their owner Steve Cohen (~$21.3 billion net worth) is a much, much richer man than Yankees owner Hal Steinbrenner (~$1.5 billion net worth), whose ...
While Steinbrenner initially owned less than half of the team, he bought out many of his partners, eventually owning 70% of the team. [10] [11] John McMullen, one of Steinbrenner's limited partners, said, "There is nothing in life quite so limited as being a limited partner of George Steinbrenner." [12]
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Steinbrenner named Steve Swindal, his son-in-law, to be chairman of Yankee Global Enterprises and his successor as boss of the Yankees in June 2005. [9] When Swindal and Jennifer Steinbrenner divorced in 2007, the Yankees bought Swindal out of his financial stake in the team, with Hal Steinbrenner succeeding Swindal as chairman of Yankee Global ...