How much is Alex Spanos worth?
3 min read
Asked by: Claudia Chavez
Its projects include the Spanos Park East and West communities in his hometown of Stockton, Calif. The family’s net worth was estimated to be $2.4 billion, according to Forbes magazine.
What does the Spanos family own?
2018 Forbes 400 Net Worth
Spanos bought his controlling stake in the Chargers in 1984. His grandchildren John and A.G. run the team, worth $1.9 billion net of debt. Spanos founded AG Spanos, one of the country’s largest apartment developers, in 1960. His sons, Dean and Michael, took charge in 2005.
Do the Spanos family still own the Chargers?
(Late billionaire Alex Spanos purchased the team in 1984, and his four children, including Dean and Dea, each own 15 percent of the club, while the family trust owns 36 percent.)
What are the Spanos worth?
Alexander Spanos Net Worth
| Net Worth: | $2.4 Billion |
|---|---|
| Date of Birth: | Sep 28, 1923 – Oct 9, 2018 (95 years old) |
| Gender: | Male |
| Profession: | Real estate development, Businessperson, Film Producer |
| Nationality: | United States of America |
What does Alex Spanos own?
San Diego / Los Angeles Chargers
Unsourced material may be challenged and removed. Alexander Gus Spanos (September 28, 1923 – October 9, 2018) was an American billionaire real estate developer, founder of the A. G. Spanos Companies, and the majority owner of the San Diego / Los Angeles Chargers of the National Football League (NFL).
Where are the Spanos from?
Dean Alexander Spanos (born May 26, 1950) is the chairman and owner of the National Football League (NFL)’s San Diego / Los Angeles Chargers franchise.
| Dean Spanos | |
|---|---|
| Born | Dean Alexander Spanos May 26, 1950 Stockton, California, U.S. |
| Nationality | American |
| Alma mater | University of the Pacific |
| Occupation | Businessman |
How much did Alex Spanos pay for Chargers?
The Chargers have one of the most unique ownership setups in the NFL. The Spanos family has owned the team since 1984 when Alex Spanos purchased 60% of it for $70 million. Over the years, Spanos eventually came to control 96% of the team and he passed that on to his family when he died in October 2018.
How much of the Chargers does Dean Spanos own?
The trust owns 36% of the Chargers, while Berberian, Spanos and their two siblings each control 15% of the franchise.
How much do the Chargers pay to play at SoFi?
Who owns the stadium? SoFi Stadium is owned by Stan Kroenke, owner of the Los Angeles Rams. But the Rams share the field with the LA Chargers. The Chargers pay $1 a year in rent and have equal facilities to the Rams.
How much do the Chargers pay for rent?
$1 per year
Fortunately for Inglewood taxpayers, it’s a private deal so they’re not on the hook. But that also means we don’t know exactly how much it is costing. Reports have it at more than $5 billion. 2) To play there, the Chargers will pay $1 per year as part of a 20-year lease.
Do LA Chargers pay rent?
On January 29, 2016, the Chargers and Rams came to an agreement in principle to share the stadium. Both teams would contribute a $200 million stadium loan from the NFL and personal seat license fees to the construction costs and would pay $1 per year in rent to the facility’s controlling entity, StadCo LA, LLC.
