Portrait of Jim Crane

Rank #1711

Jim Crane

Net worth $2.5B

Logistics, baseball · United States

Born
Jan 17, 1954
Age
72
Source
Logistics, baseball
Residence
Houston, Texas
Citizenship
United States
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, Central Missouri State University

Net worth over time

Biography

  • Jim Crane led an investment group that paid $615 million in 2011 for MLB's Houston Astros and a minority stake in a regional sports network.
  • The value of the team has quadrupled since Crane's acquisition. Crane owns an estimated 40% stake.
  • Crane pocketed more than $300 million when he sold his freight logistics firm Eagle Global Logistics to Apollo Global Management in 2007.
  • Crane launched another logistics business, Crane Worldwide, in 2008; annual revenue is more than $900 million.
  • Crane owns the Floridian National Golf Club, whose members include former presidents Barack Obama and George Bush.