How Much Is The Lamar Hunt Family Worth

The Hunts, who have owned the Chiefs since Lamar Hunt founded the team six decades ago, are one of America's richest families, worth an estimated $15.3 billion. Jerry Jones, who is worth $10.2 billion, has both football and business baked into his DNA. He originally made his money as a successful oil wildcatter, but before that, he served as co-captain of the University of Arkansas' 1964 national championship football team. All of this happened under the unprecedented stewardship of Jones, who revolutionized the modern NFL and changed how it's marketed, sold, merchandized and contracted to the media. The Hunts, who have owned the Chiefs since Lamar Hunt founded the team six decades ago, are one of America's richest families, worth an estimated $15.3 billion.

They own oil and gas companies around the world, a massive underground business park and stakes in NFL, NBA and MLS sports teams. Heir to an oil fortune, Lamar Hunt was born to H.L. However, more notable are his famed efforts in expanding and uniting football. One of the original eight who founded the American Football League, Hunt was a principal negotiator in the AFL/NFL merger. Besides bleeding "red and gold," Hunt also serves as the president of the AFC and has expanded his sports empire beyond American football. Appropriately nicknamed "Games" as a child, Hunt has held a lifelong appreciation of all sports, particularly soccer and tennis.

The Hunt family owns two franchises in Major League Soccer and Hunt was one of the founding investors of the six-time World Champions Chicago Bulls. Soccer Magazine named him one of "25 Most Influential People" in 1999. Kansas City Chiefs owner Clark Hunt is sitting pretty, especially now that his beloved team, led by star QB Patrick Mahomes, has made its way to the Super Bowl. In fact, the Hunt family was fundamental in shaping the National Football League into what it is today.

You see, Hunt's father, Lamar Hunt, founded the Chiefs in 1959, but back then they were called the Dallas Texans, and were, obviously, not in Kansas City, per PF. Thanks to his own wealthy father, oil tycoon H.L. Hunter, Lamar had money to burn and tried to buy an NFL team.

When that didn't pan out, he just founded his own franchise, and ultimately, his own league, the American Football League, which later merged with the NFL in 1970. Before joining forces, the Texans were based in Dallas and won four AFL Championships in addition to one Super Bowl win in 1969 — at that time, they had already relocated from Dallas to Missouri. The Chiefs wouldn't win another Super Bowl until 2020, breaking a 50-year drought. When Forbes published its inaugural Forbes 400 list of the richest Americans in 1982, eight years after H.L.'s death, 11 of his heirs made the list. Son Ray Lee Hunt followed him into the oil business.

Daughter Caroline Rose Hunt founded and later sold Rosewood Hotels and Resorts. Son Lamar Hunt, meanwhile, turned his attention to sports. The trophy that Clark Hunt was holding while he praised God in his post game speech is named the Lamar Hunt Trophy and it given to the AFC Champion.

Lamar Hunt is Clark Hunt's father and also one of the biggest figures in the history of American sports. Lamar Hunt is the principal founder of the AFL and MLS . He is the founder and owner of the Kansas City Chiefs as well as the Kansas City Wizards . At the time of his death in 2006 at the age of 74, he owned the Chiefs, Columbus Crew and FC Dallas. After his death, ownership of the Chiefs was divided among his children including his son Clark.

Dan Snyder made his money through his marketing firm Snyder Communications, which he formed after dropping out of college. He took the company public in 1996 and then sold it to a French company in 2000 — the year after he bought the storied franchise — for $750 million. In late June, his wife, Tanya Snyder, was named co-CEO and took over day-to-day team operations "for at least the next several months," The Washington Post said. The shift came after an NFL investigation found that the culture of the club was "toxic" under Dan Snyder's leadership and fined the franchise $10 million. Today, Dan Snyder's net worth today is estimated at $4 billion.

Iconic Broncos owner Pat Bowlen was a successful lawyer and real estate developer before he bought the franchise in 1984. During his 35-year tenure, Denver won 60% of its games — a winning percentage topped only by the Patriots. Bowlen died at the age of 75 in June 2019, and future ownership of the team has been up in the air since. It appears the franchise will be sold, but to whom is the question.

The estate of the man from whom Bowlen bought the team claims it has the right of first refusal in any sale, so a judge must settle that issue before Bowlen's children can court prospective buyers. Since NFL teams don't come for sale very often, interest will be high among prospective ownership groups. In response, Hunt approached several other businessmen who had also unsuccessfully sought NFL franchises, including fellow Texan and oilman K. "Bud" Adams of Houston, about forming a new football league, and the American Football League was established in August 1959. The group of the eight founders of the AFL teams was referred to as the "Foolish Club".

Hunt's goal was to bring professional football to Texas and to acquire an NFL team for the Hunt family. Hunt became an owner of the Dallas Texans and hired future hall-of-Famer Hank Stram as the team's first head coach. The newly created league and team faced stiff competition from the National Football League, which also established a Dallas franchise.

In May 1963 Hunt moved the Dallas Texans to Kansas City, where no other professional football team operated, and the Dallas Texans became the Kansas City Chiefs. The two football conferences continued to battle each other for supremacy, and finally in the spring of 1966 the two leagues merged. Hunt, who figured prominently in the merger negotiations, served as the AFL representative in talks with the Dallas Cowboy owner Tex Schramm and the NFL commissioner Pete Rozelle. Hunt was also instrumental in negotiating the first football television contract for the AFL teams.

In 1970 Hunt's Kansas City Chiefs captured a Super Bowl victory for their owner. Clark Hunt is an American businessman and owner of the sports team Kansas City Chiefs of NFL. Also, he serves as the CEO and chairman of the team as well as shares ownership with his siblings. He is also widely recognized as the grandson of oil tycoon H.L. Hunt and the son of late businessman Lamar Hunt.

Had 14 children and he shared his wealth and knowledge with them. Three of his sons, Nelson Bunker Hunt, Ray Lee Hunt, and William Herbert Hunt entered the oil business under their father. Lamar decided to focus on the sports and entertainment industries. According to Forbes, 11 of H.L.'s children made the 1982 Forbes 400 list of the richest Americans. Currently, the Hunt family has a net worth of approximately $15.3 billion.

Upon Hunt's death, his son Clark was named the chairman of the Kansas City Chiefs and FC Dallas, having been elected by Hunt's other children, Lamar Hunt Jr., Sharron Munson, and Daniel Hunt. Though Hunt's wife and children share legal ownership of the Chiefs, Clark represents the team at all league owner meetings and handles the day-to-day responsibilities of the team. Hunt was accomplished soccer player in his early days. He attended Southern Methodist University where he was captain of a nationally ranked soccer team and a two-time Academic All-American.

It only made sense that after college Clark began his career helping his dad run the Kansas City Wizards of the MLS. He was an influential figure in the emergence of Major League Soccer and was with the Wizards until they were sold in 2006. Today, he still sits on the board of FC Dallas, a family owned club. Grandpapa, who was known for his math genius, managed to turn his last $100 to $100,000 through gambling in 1912. He used his winnings to purchase oil properties. Forty years later it was estimated he had a net worth of close to $700 million, which made him one of the richest men in the world in the 1950's.

Hunt had 15 children by 3 different wives including his son Lamar, who was born in 1936. When the NFL didn't allow Lamar Hunt, one of the children of Texas oil tycoon H.L. The American Football League began play in 1960 after Lamar Hunt convinced seven other men — they called themselves the "Foolish Club" — to each pay a $25,000 franchise fee. The two leagues merged in 1966, and soon to follow was the Super Bowl — a name created by Hunt — between the newly named American and National football conferences.

Hunt died of prostate cancer in 2006, and his son, Clark Hunt, now is the CEO and chairman of the Kansas City Chiefs – originally the Dallas Texans when the AFL was founded. He is the son of Lamar Hunt and the grandson of oil tycoon H.L Hunt. He attended St. Marks School of Texas and later on graduated from Southern Methodist University, where he was a captain of SMU's nationally ranked soccer team and a two time Academic All American.

Hunt was one of six children born to Harold Lafayette "June" Hunt, Jr., an oil executive, and Lyda Bunker Hunt, a homemaker. The family moved to Tyler, Texas, in late 1933 and in 1938 relocated to Dallas, Texas, where Hunt's father established the offices of the Hunt Oil Company. As a youngster Hunt and his older brother Bunker Hunt read the newspaper and digested the sports page by discussing the box scores and attendance numbers of various sporting events. Lamar Hunt received his high school education at the Hill School in Pottstown, Pennsylvania, where he played halfback and served as captain of the varsity team during his senior year. Nelson Bunker Hunt is said to feel betrayed, and that's putting it mildly.

At one time Libya was his happy hunt­ing ground. He negotiated Hunt Oil's vast holdings there, wined and dined the inauguration of the new empire, and had high friends all over the Arab World. But then, because of his coun­try's friendship toward Israel and their own growing nationalism, the Arabs turned against him. And then, two days after the burial of his father, he learned that the old man had bequeathed him a stunner.

The will gave Mrs. Hunt 100 per cent of the patriarch's stock in Hunt Oil, distributing to Nelson Bunker and the other nine children and their families the rest of the estate. True to his fash­ion, the old man kept it all in the family, with Ruth's offspring seemingly getting the upper hand. Ray Hunt, the oldest son of the second set, was named as sole executor. Stipulated that any bene­ficiary who challenged the will in any form would be cut off without a cent.

Hunt has been the driving force behind the resurgence of the Chiefs, transforming the iconic franchise into one of the most successful teams in the National Football League over the last decade. Since taking over as CEO in 2010, the Chiefs have earned five AFC West Division Championships, seven playoff appearances and back-to-back trips to the AFC Championship Game. Following the 2019 season, for the first time in club history, Hunt hoisted the award bearing his father's name – the Lamar Hunt Trophy – given to the champions of the AFC. Net Worth & SalaryNet Worth$1.5 MillionSalaryUnder ReviewSource of IncomeSports AdministratorCarsNot AvailableHouseLiving in own house.Lamar Hunt Jr. is an American businessman and sports promoter. Lamar is president and owner of the Kansas City Mavericks professional hockey team.

He is the son of Lamar Hunt, grandson of oil tycoon H. L. Hunt, and part of the founding and operating family of the Kansas City Chiefs NFL team. Hunt, founded his professional football team as the Dallas Texans in 1960. He paid $25,000 for the franchise, and a lot of people thought he'd been taken. During the 1970s and early 1980s, brothers Nelson Bunker Hunt and William Herbert Hunt attempted to corner the silver market.

By the end of 1979, their ownership of one-third of the silver market[which? ] caused the price to rise from $11 an ounce in September 1979 to $50 an ounce in January 1980. In the last nine months of 1979, the brothers profited by an estimated $2 billion to $4 billion. However, on March 27, 1980, subsequently referred to within the precious-metals industry as Silver Thursday, the price collapsed. In September 1988, the Hunt brothers filed for bankruptcy under the United States Bankruptcy Code Chapter 11. Real estate powerbroker Stanley Kroenke is worth $10.7 billion, much of which can be credited to the 30 million square feet of mostly commercial real estate in his bulging portfolio.

How much is the Lamar Hunt family worth Kroenke boasts a title coveted by the elite since the founding of America — landowner. He personally owns nearly 1.4 million acres of ranches in the U.S. and Canada. A major sports mogul, his holdings are not limited to the Rams.

He also owns the Colorado Avalanche, Denver Nuggets, Colorado Rapids and Arsenal soccer club in Britain. No team has a longer and prouder lineage than the Chicago Bears, whose 1,000-game history began in 1920. The Bears and the Cardinals are the only two remaining charter members of the National Football League.

That year, George Halas bought the team for $100 — three years before his daughter Virginia was born in 1923. The oldest owner in the NFL, Virginia Halas McCaskey is among the only owners whose family fortune comes directly from owning a team, as opposed to buying a team after becoming independently wealthy. Dean Spanos took over full ownership of the Chargers in 2018 when his father, Alex Spanos, passed away. Alex Spanos purchased majority interest in the Chargers in 1984 for $72 million. Ownership drew heavy criticism and scorn for moving the franchise from San Diego to Los Angeles in 2017.

Dea Berberian, sister of Dean Spanos, has filed a lawsuit seeking to force the sale of the team, saying her brother's management has led to losses for the family trust. Art Rooney founded the Steelers — known as the Pirates in their first seven years — in July 1933. It took nearly 40 years for the franchise to win anything until earning the AFC Central division title in 1972. By the end of the decade, the Steelers had won the first four of their overall six Super Bowl championships. In 1975, Art Rooney appointed his oldest son, Dan, to take over the day-to-day operations of the team. The elder Rooney died in 1988, and Dan Rooney passed away in 2017.

Art Rooney II, one of the nine children of Dan and Patricia Rooney, was named Steelers president in 2003. Other owners bought their teams after amassing enormous wealth on their own and paying huge money to enter one of the most exclusive clubs around. In a few rare cases, the family fortune is actually based on ownership of the team. Team owners are ranked from least to most wealth, primarily based on data from Forbes.

The owner of the Kansas City Chiefs is part of one of the richest families in the country. Forbes does their annual lists of the richest people in the world but they've also done a list of the richest families, which has landed Clark Hunt and his family atNo. 13 on the list with an estimated worth of $15 billion. In 1996 Hunt once again promoted and invested in professional soccer by becoming the owner of two teams, the Columbus Crew and the Kansas City Wizards, in the newly organized Major League Soccer circuit. The Crew played for its first three years in Ohio State University's football stadium, but Hunt realized the team needed its own facility. At a cost of $28.5 million he bankrolled a 22,485-seat stadium that opened to the public in 1999.