Portrait of Theodore Leonsis

Rank #1108

Theodore Leonsis

Net worth $3.9B

Sports teams · United States

Born
Jan 08, 1956
Age
70
Source
Sports teams
Residence
Potomac, Maryland
Citizenship
United States
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Theodore 'Ted' Leonsis is founder, majority owner and CEO of Monumental Sports, which owns several teams and arenas in Washington, D.C.
  • Subsidiaries include the NBA's Wizards, the NHL's Capitals, the WNBA's Washington Mystics and Capital One Arena.
  • The grandson of Greek immigrants, Leonsis initially built his fortune as a senior executive at AOL, where he worked for nearly 14 years.
  • He is a cofounder and partner at Revolution Growth, a venture capital firm helmed by AOL cofounder Steve Case.
  • Leonsis owns a home in Potomac, Maryland that Franklin Roosevelt, and later the Kennedy family, used to rent out over the summer.

Financial assets

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