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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

Alex Spanos, Los Angeles Chargers Billionaire Owner, Dies at 95

His other son, Michael, and two grandsons, A.G. and John, joined in managing the team when Spanos settled into retirement. In January 2017 the team announced its move to Los Angeles. Alexander Gus ...
Posted: October 9, 2018, 8:40 am

Chargers owner Alex Spanos has died at age 95

He was 95 years old. “It is with heavy hearts that the Spanos family announces the death of Alexander Gus Spanos, founder of A.G. Spanos Companies and owner of the Chargers NFL Franchise. Alex passed ...
Posted: October 9, 2018, 8:09 am

Alexander: Still an uphill battle for Chargers in L.A.

We are now two years into this adventure and there’s no going back. Dean Spanos told the New York Times last week, “There’s no doubt we are the Los Angeles Chargers. Los Angeles is our home.” They’ve ...
Posted: January 14, 2019, 10:19 am
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