Jerral Wayne Jones, better known as Jerry Jones, is the flamboyant, dominant and sometimes-controversial owner/president/general manager of the Dallas Cowboys.
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2. Income & Salary
A self-made billionaire, Jones is married to Gene Jones, a former beauty pageant winner. The couple have three children and all three are involved in the Cowboys’ operation. Stephen Jones is chief operating officer and director of player personnel. Charlotte is an executive vice president in charge of brand marketing and Jerry Jr. is an executive vice president in sales and marketing.
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3. Estimated Net Worth
Jones capitalized on a lucrative oil and gas business and purchased the Dallas franchise, and its stadium lease, in 1989 for $150 million. He immediately alienated many Cowboys’ fans when he fired legendary coach and future hall of famer Tom Landry. Jimmy Johnson, a former college teammate of Jones at Arkansas replaced Landry. Jones took over as general manager. The result was a stunning success as Jones guided the Cowboys to Super Bowl championships in 1992, 1993 and 1995. Success on the field continues as the Cowboys remain “America’s team.” Jones’ also can boast about his $1.3 billion state-of-the-art stadium that seats 108,000 and has the world’s largest high-definition television.When Jones purchased the Cowboys in 1989, the franchise was hemorrhaging $1 million a month. The team’s success, along with the NFL’s growth, has propelled Dallas to the top of the list as America’s most valuable sports franchise, and second to Manchester United in the world. Forbes estimates the Cowboys generate $500 million in revenue every year, including $80 million a year from sponsorship revenue and another $80 million a year from merchandise sales. In 2013, the franchise has been valued at $2.1 billion, up 14 percent from 2012. Forbes estimates Jones’ net worth at $4.2 billion.
How much is Jerry Jones’s Net Worth? $4.2 Billion!
http://youtu.be/FFBbUXGMho4Video Transcript:Jerry Jones is one of the richest men in the United States, and is best known as the owner and general manager of the Dallas Cowboys. Jones‰Ûª full name is Jerral Wayne Jones, Sr., and he was born on October 13, 1942 in Los Angeles, California. Jones married his wife Gene in 1963, and the couple have three children: Stephen, born in 1964, Charlotte, born in 1966, and Jerry, Jr, born in 1969. All of Jones‰Ûª children work for the Cowboys. Additionally, Jones has nine grandchildren.While Jones has had major success as the owner of the Cowboys, he has been successful in numerous other ventures as well. In college, Jones was a running back for the University of Arkansas Razorbacks. Jones was so successful in the position that he was named co-captain of the 1964 National Championship team. After college, Jones worked in the insurance industry before founding Jones Oil and Land Lease, an oil prospecting corporation. In 1989, Jones purchased the Cowboys. Jones‰Ûª decision to buy the team was a major gamble for any businessman, as during the mid to late 1980s, the Cowboys were in fact losing one million dollars each month. Through his leadership as general manager, Jones transformed the Cowboys into a hugely successful franchise, winning the Super Bowl three times in 1992, 1993, and 1995. For his exemplary leadership, the NFL named Jones the 2014 Executive of the Year.As previously stated, Jones is one of the richest men in the country, with a net worth of $4.2 billion. Owing to Jones‰Ûª leadership, each year the Cowboys generate an estimated $500 million in revenue, making them the most lucrative sports franchise in the United States.Video Credit: AlphaLife.me on YouTube