George Steinbrenner Net Worth

Net Worth: $1.4 Billion
  • Source of Wealth:

    Sports, Baseball, MLB
  • Age:

  • Birth Place:

    Rocky River, Ohio
  • Marital Status:

    Married to Elizabeth Joan Zieg
  • Full Name:

    George Michael Steinbrenner III
  • Nationality:

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About George Michael Steinbrenner III

George Steinbrenner was an American businessman who had an estimated net worth of $1.4 billion. He was the principal owner and managing partner of Major League Baseball (MLB) team New York Yankees for 37 years until his death at the age of 80 and was also involved in the Great Lakes shipping industry. With the longest ownership in club history, the Yankees earned seven World Series titles and 11 pennants. He was one of the sport’s most controversial figures because of being outspoken and with his role in driving up player salaries.

Nicknames “The Boss”, Steinbrenner was known as a hands-on baseball executive. He had a tendency to meddle in daily on-field decisions, and to hire and fire, and sometimes even rehire, managers. He was given the derisive nickname “Manager George” by former Yankees manager Dallas Green. He was the first owner to sell broadcast rights to Cable TV, thus creating a new income stream enjoyed by many teams today. He was also involved in the sport of thoroughbred racing and Forbes Magazine listed him at Number 380 of the 400 Richest Americans.

Born George Michael Steinbrenner III on July 4, 1930 in Rocky River, Ohio, he was of Irish and German descent. In 1944, he entered Culver Military Academy in Northern Indiana and graduated in 1948. In 1952, he received his BA from Williams College in Massachusetts. He served as sports editor of The Williams Records, played piano in the band, and played halfback on the football team in his senior year. On July 13, 2010, the day of the 81st All-Star Game, he died after suffering heart attack in his Tampa home.