Joe Lacob
$2.3B
Born
Jan 10, 1956
Age
69
Source of Wealth
Golden State Warriors
Residence
Atherton, California
Citizenship
United States
Marital Status
Married
Children
4
Education
Master of Business Administration, Stanford University; Masters of Public Health, UCLA; Bachelor of Arts/Science, University of California, Irvine
- Joe Lacob led an ownership group that in 2010 paid $450 million for the Golden State Warriors NBA team.
- The value of the team is nearly 15 times more since then, and his 25% stake is worth nearly $2 billion, net of debt.
- The Warriors have won four titles since 2010, and posted the best record in NBA history during the 2015-16 season, with 73 wins.
- Lacob was a minority owner of the NBA's Boston Celtics for five years before selling to buy the Warriors.
- Lacob joined venture capital firm Kleiner Perkins in 1987 and led investments in over 50 startup companies; he is no longer with the firm.
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