Jerry Jones How Did He Make His Money
So, there I was, a few years back, at a Dallas Cowboys game. You know, the kind where you're not just a spectator, you're part of the whole Texas-sized spectacle. The stadium'...
So, there I was, a few years back, at a Dallas Cowboys game. You know, the kind where you're not just a spectator, you're part of the whole Texas-sized spectacle. The stadium's roaring, the cheerleaders are doing their thing, and then, there he is, Jerry Jones, strutting down the tunnel like he owns the place. Well, spoiler alert, he kinda does.
Now, you might be wondering, how did this guy, who's now worth more than a small country, make his fortune? Let's dive in, shall we?
From Oil to NFL
Alright, so picture this, it's the 1970s, Jerry's a young lawyer, and he's got his hands in the oil business. Now, I'm not talking about a little side gig here, we're talking about owning oil fields. And we all know what that means - money.
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But here's the thing, Jerry wasn't just content with being a millionaire. No, no, he had bigger plans. He wanted to be a billionaire. And he knew just the place to park his cash - the NFL.
The Dallas Cowboys' New Owner
In 1989, Jerry bought the Dallas Cowboys for a cool $140 million. Now, that might seem like a lot, but remember, this is the guy who just sold a bunch of oil fields. He had the cash, and he had the vision.
How did Jerry Jones make his money?
He saw potential in the Cowboys, and he wasn't wrong. Under his ownership, the team became what's now known as "America's Team," with a global following and a massive merchandise empire. And let's not forget the stadium, AT&T Stadium, which is basically a small city in its own right.
But Jerry didn't stop at the Cowboys. No, he also started a sports apparel company, JerryWorld, which is now worth billions. And he's got his hands in other businesses too, from real estate to financial services.
How Wealthy Is Jerry Jones
Lessons from Jerry
So, what can we learn from Jerry Jones? Well, for one, diversify. Don't put all your eggs in one basket, even if that basket is a super successful NFL team. And two, think big. Jerry didn't just want to be a millionaire, he wanted to be a billionaire. He didn't just want to own a team, he wanted to own the best team.
And there you have it, folks. That's how Jerry Jones made his money. From oil fields to NFL fields, he's come a long way. And who knows, maybe one day, you'll be sitting in that stadium, cheering on the Cowboys, and you'll think to yourself, "I wonder how Jerry made his money?" Well, now you know.
