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Alexander Gus Spanos (born September 28, 1923) is an American real estate developer and self-made billionaire who founded the A. G. Spanos Companies and owns the San Diego Chargers.

Spanos was born in Stockton, California to a Greek family, the son of Greek immigrants, Constantino and Evanthia Spanos. His father owned a bakery. At the age of eight, he started working at his father's bakery. In 1942 he dropped out of college and joined the Army Air Force training as a pilot but left the program, instead serving as a tail gunner during World War II. Spanos earned varsity letters in running and diving at the University of the Pacific in Stockton and later distinguished himself as an amateur golfer.[citation needed]
In 1951 he borrowed $800 from a local banker to buy a truck which he then used to sell sandwiches to migrant farm workers in the San Joaquin Valley. By 1955 he had made his first million dollars, He invested his earnings in real estate and at the suggestion of his tax accountants, he started to build apartments. In 1960 he founded A.G. Spanos Companies, which became the largest apartment builder in the United States in 1977. The corporation is based in Stockton and has 10 subsidiaries.
In 1984, Spanos bought 60% of the San Diego Chargers from majority owner Eugene Klein for $48.3 million. Over the next 10 years, he bought out the shares of several small co-owners, bringing his control of the team to 97%. He remains partnered with retired San Diego restaurateur George Pernicano, however, an investor in the team since a few years after its inception. Since 1993, Spanos' son Dean has handled the daily operations of the franchise. According to Forbes, in 2007 the San Diego Chargers were worth $826 million.
Spanos donated $500,000 to renovate the historic Fox Theatre in downtown Stockton, and with the approval of the City of Stockton, renamed the facility the Fox California Bob Hope Theatre. The Alex G. Spanos Center in Stockton and the Alex

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Alexander Spanos Latest News

Robert Kraft, Jerry Jones, More NFL Owners Make 2018 Forbes' Billionaires List

Alexander Spanos of the Los Angeles Chargers, Jeff Lurie of the Philadelphia Eagles and Dan Snyder of Washington were all on the list. Still, league owners are not exactly hurting for money given the presence of so many on the most recent Forbes list.
Posted: March 6, 2018, 7:06 am

Local Roundup: Vacaville’s Hascup has season end at Masters golf tourney

A five-over par 77 wasn’t quite enough as Vacaville High School’s Chase Hascup saw his season come to an end Friday at the 2018 Sac-Joaquin Section Masters tournament at The Reserve at Spanos Park ... Quinton Alexander won the 1600 (4:49), 400 (50.01 ...
Posted: May 14, 2018, 3:53 pm

Alexander SPANOS

SPANOS, Alexander Passed away March 28th, 2010 at the Surrey Memorial Hospital. Al was 88 years of age . Survived by his wife Pearleen Spanos of Surrey, B.C. and family. Al is survived also by one sister Pat McDonald of Langley, B.C.. and one brother Ron ...
Posted: March 27, 2010, 5:00 pm
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