How George Steinbrenner Built His Billions: Secrets To Wealth Revealed

His net worth dipped to $1. 15 billion last fall, though a faltering economy meant he actually rose up the ranks of the forbes 400 to #341. The bulk of steinbrenner's wealth came. George steinbrenner, who bought a declining yankees team in 1973, promised to stay out of its daily affairs and then, in an often tumultuous reign, placed his formidable stamp. George steinbrenner was a business magnate and sports team owner who left a lasting legacy in both the sports and business worlds. Through his shrewd investments,.

The team he bought for $10 million in 1973 (actually 8. 8 million after he sold two parking lots thrown in as part of the deal) is now worth an estimated. By the time of his death in 2010, george steinbrenner had built a net worth estimated to be over $1. 4 billion. His business empire, steiner enterprises, generated annual revenues of $500. Checking in at no. 341 on forbes' list of richest americans last year and no. 880 on this year's world's billionaires list, the steinbrenner fortune has been estimated at $1. 1 billion. Last year, shipbuilding no longer part of his world, steinbrenner was no. 341 on the forbes list of richest americans, with a net worth of $1. 2 billion. With his growing wealth, steinbrenner began dabbling in professional sports, investing in an american basketball league franchise and later taking a 7 percent stake in the.