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Michael Heisley Net Worth

Michael Heisley Net Worth

Net Worth: $1.9 Billion

  • Source of Wealth Basketball, Sports
  • Birth Place Washington, D.C., United States
  • Marital Status Married
  • Full Name Michael E. Heisley
  • Nationality United States
  • Date of Birth March 13, 1937
  • Ethnicity Caucasian
  • Occupation Businessman
  • Education Georgetown University
  • Children 5
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About Michael Heisley

American businessman Michael Heisley has an estimated net worth of $1.9 billion according to Forbes. He is known to be the former majority owner of the NBA franchise, Memphis Grizzlies. In 2006, he decided to sell his controlling shares in the Memphis Grizzlies to a consortium which include Brian Davis and Christian Laettner for $300 million. However, the consortium failed to meet the deadline.

Michael E. Heisley Sr. was born on March 13, 1937 in Washington, D.C. USA. He is an alumnus of Georgetown University. He is currently married and has five children.

Currently, he is involved into several business ventures which include the Stony Lane Partners, Heico Acquisitions, The Heico Companies, LLC, and the Heico Holding, Inc.. As of 2009, Heico operated 40 companies which largely involved construction, equipment and steel.