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Leonsis is married to Lynn Leonsis and they have son Zachary and daughter Elle. [1] [71] [72] He has been married to Lynn since August 1987. [1] Forbes estimates his net worth at around $675 million in 1999 [73] and $1 billion in 2018. [74] In early 2011, Leonsis purchased a 13-acre estate in Potomac, Maryland.
23. (tie) Ted Leonsis -- Washington Wizards. Net worth: $1 billion. Team value: $1.8 billion. Team purchase price: $551 million. Year purchased: 2010.
Ted Leonsis: Monumental Sports & Entertainment: 85: $155 million: 1999 [39] Winnipeg Jets: Mark Chipman and David Thomson: Mark Chipman† True North Sports & Entertainment, Ltd. 170: $230 million: 2011 [40]
Chairman and CEO Ted Leonsis founded Monumental Sports & Entertainment in 2010.. American businessman and senior AOL executive Ted Leonsis, who had owned the NHL team Washington Capitals since 1999, founded Monumental Sports & Entertainment on June 10, 2010, following his acquisition of the NBA team Washington Wizards and merger of Lincoln Holdings and Washington Sports & Entertainment. [1]
When Ted Leonsis bought the Washington Capitals, along with a minority stake in the Wizards, in 1999, reporter after reporter marveled at the same trait: his ability to answer email.
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Ted Leonsis (100%) [63] Ted Leonsis Monumental Sports & Entertainment [63] 551 [64] [65] 2010: See also. Sports portal; Forbes list of the most valuable NBA clubs;
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