Brussels, Europe Brief News –Joe Lacob net worth is around $3 billion. He is an American businessman. Joe Lacob is most known for becoming the majority owner of the NBA’s Golden State Warriors after making a fortune as a venture investor. Lacob and a consortium of investors, including Peter Guber, paid $450 million for the Warriors in 2010. Only a few months before the purchase, the Warriors chose an ordinary college player, Stephen Curry.
Joe Lacob Net worth
Joe Lacob and a consortium of investors paid $450 million to buy the Golden State Warriors in 2010. Before finalizing the deal, he was compelled to sell his shareholding in the Celtics. Lacob had been a season ticket holder for the Warriors for eleven years before owning them. In the months following his acquisition, the club picked Stephen Curry from Davidson University.
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Curry quickly rose to become one of the league’s most prominent players. Stephen has guided the Warriors to three NBA titles as of this writing. The Warriors were valued at $2.6 billion in 2017. They were valued at $3.5 billion in 2019.
Joe’s wife Nicole Curren gained some popularity on June 5, 2019, when sitting near Beyonce during Game 3 of the NBA Finals. Nicole was spotted bending over Beyonce to chat to Jay-Z at one point. Beyonce’s expression was irritated by the gesture, making Nicole one of the most popular topics on Twitter the next day.
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Joe paid $29 million for a beach property in Malibu in September 2019. His principal property is a 14,000-square-foot estate in Atherton, California, which he purchased for $19.8 million in 2007. His Atherton home is just over the street from Google co-founder Sergey Brin’s $180 million ranches and immediately down the street from WhatsApp co-founder Jan Koum’s $100 million compounds.
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Joe Lacob headed an ownership group that spent $450 million for the Golden State Warriors basketball franchise in 2010. Ever since the team’s value has increased tenfold, and his 25% interest is now worth more than $900 million net of debt.
Furthermore, the Warriors won three championships throughout the decade and had the greatest record in NBA history with 73 victories during the 2015-16 season. For five years, he was a minority owner of the NBA’s Boston Celtics until selling to acquire the Warriors. Finally, in 1987, he joined venture capital company Kleiner Perkins and led investments in over 50 startup firms; he no longer works for the firm.
Joe and Jan both bought Malibu mansions simultaneously, albeit Jan’s was substantially more pricey, at $125 million. Though this all just points to the fact that these were the reason that accumulated up to Joe Lacob net worth.
