Alexander Spanos Net Worth is
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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

San Diego Chargers coach Mike McCoy appears finished

On January 9th, 2013 Chargers owner Alex Spanos hired Tom Telesco, the former VP of Football Operations of the Indianapolis Colts to be the new GM in San Diego. Four days later Telesco named Mike McCoy as the new head coach of the Chargers to replace ...
Posted: October 13, 2016, 9:28 am

Alexander: Have the Chargers given Mike McCoy a reprieve?

So does a split give McCoy a reprieve? The people who will make that decision, John Spanos and Tom Telesco, weren’t around to comment Thursday night, but players realized what was at stake. “It (the victory) meant a ton for Mike,” said Philip Rivers ...
Posted: October 14, 2016, 6:03 pm

National Football League 2016 Week 6: San Diego Chargers @ Denver Broncos Preview & Prediction

And no matter who's at QB for Denver, it has to help that on offense starting RT Donald Stephenson returns. The Chargers are 5-16 since John Spanos, the grandson of owner Alex Spanos, was promoted to president of football operations in May 2015.
Posted: October 13, 2016, 2:54 pm
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